Monero is as private as a digital asset can be. The coin is untraceable as we have already explained due to the fact that it uses ring signatures, ring confidential transactions and stealth addresses in order to obfuscate the origins, amounts and also the destinations of all the transactions that are being made on the..
It’s not too far-fetched to say that Monero (XMR) is the ideal coin for a connected world. The privacy-oriented coin is fast, private, and extremely secure as we already explained. Monero users are basically their very own banks, and they have the ability to spend their coins safely while being sure that others cannot see..
First of all, it’s recommended that you install the Monero CLI on Tails or the Monero GUI on a new dedicated system for Monero and other cryptos, rather than on a device that will be used for other purposes. What is Tails? Tails is a live operating system that allows you to use the..
The Monero community has reported from time to time all kinds of issues with certain websites. It’s important to do your own research before using some sites, especially the ones that have a bad reputation. It’s always best to use the official Monero website. Troubles with the following platforms: Changelly Changelly was reported to have..
Traditional crypto exchanges weaknesses One of the most popular themes in the cryptosphere has been the fact that users had to resort to a small array of centralized exchanges especially in the early days in an unregulated space to deal cryptos. Lots of unfortunate events such as the collapse of Mt. Gox exchange or the..
What is cold storage? Cold storage is a term used for a wallet which is offline, disconnected from the Internet. This means that it’s safe from hackers and other threats. Why should you choose cold storage? Cold storage is the best option if you hold a more substantial amount of Monero which you are not..
Monero’s privacy is its most appreciated feature. Here’s what it involves. Stealth addressing and anonymity When you’re sending someone funds, they will not be able to tell where it came from unless you are sharing this info. When you tell a person your Monero wallet address to allow them to send money to you, no..
If you really want to use a remote node, this can be done as well, but you have to consider everything possible for minimizing privacy-related risks. Long story short, the best way to anonymously use a remote node is to use Monero with TOR or with any other trustable VPN service. What is TOR? TOR..
What are nodes? Nodes are an essential part of the Monero network infrastructure. The main thing you need to know about nodes is that they store a copy of the blockchain. They can be configured to share this data with other nodes and clients as well. Running such a node is the only way to..