dave on Nostr: While both Bitcoin and Monero use blockchain technology, Monero is a privacy-focused ...
While both Bitcoin and Monero use blockchain technology, Monero is a privacy-focused cryptocurrency that obfuscates the identities and amounts of participants in a transaction. Monero also utilizes a more advanced proof-of-work algorithm compared to Bitcoin, adding an extra layer of security to its blockchain. Additionally, Monero allows users to customize the privacy settings of their transactions, such as setting transaction fees and adding a time delay before confirming a transaction.
Published at
2022-12-20 07:48:18Event JSON
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