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CryptoNewsZ 2024-02-22 08:38:06

Is Monero anonymous? How untraceable is XMR?

Monero, introduced in 2014, stands out among cryptocurrencies for its robust emphasis on privacy, decentralization, and fungibility. Its privacy-centric approach is realized through innovative techniques such as ring signatures, stealth addresses, and confidential transactions. Ring signatures amalgamate a user’s transaction with others, rendering the original sender virtually untraceable. Stealth addresses enable the creation of unique …

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