it is the decentralized engine, though transactions are public. But untraceable currencies such as Monero are poised to capture a decent part of the market share. Stay thirsty my friends.
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it is the decentralized engine, though transactions are public. But untraceable currencies such as Monero are poised to capture a decent part of the market share. Stay thirsty my friends.
The so called private coins are a necessary counterpart to the public coins in my point of view. They demonstrate that with blockchain technology it is possible to avoid flat rate taking of money from people by different parties for eternity (who think they have the right and power to do so..) nor make them a glass human to have total control. The dark side remains for criminals but the idea of a private coin is basically good in my point of view because privacy is a high priority.