Monero’s True Fungibility: What It Means and Why It Matters
Monero’s True Fungibility: What It Means and Why It Matters
Fungibility means that every unit of a currency is identical and interchangeable with any other unit. For example, one dollar is the same as any other dollar. This is crucial for a currency to function as money.
Monero (XMR) is truly fungible because all coins are indistinguishable from one another. Thanks to Monero’s privacy features, no transaction history can taint or trace a specific coin.
On the other hand, Bitcoin—despite being a groundbreaking asset—is not fungible. Bitcoin’s transparent ledger allows every coin to be traced back to its origin. This means certain coins can be “blacklisted“ or deemed “tainted“ based on their transaction history, leading to potential issues with acceptance and exchange.
In contrast, Monero’s design ensures that no one can track or trace your funds, making it a superior choice for those who value financial privacy and a truly fungible currency.
Choose Monero for privacy. Choose Monero...
Source: Monero (XMR) Revolution
11 views
1
0
2 months ago 00:00:00 1
НАТО готово к войне с Россией
3 months ago 01:19:58 1
Старые рабы и новые рабовладельцы
4 months ago 01:28:11 1
Непрофессионализм службы внешней разведки РФ
4 months ago 00:02:58 11
Monero’s True Fungibility: What It Means and Why It Matters
4 months ago 01:38:06 2
Сколько продержаться Курск?!
4 months ago 00:05:08 5
What is Monero (XMR)?
4 months ago 00:00:00 2
Украинская армия атакует Курскую область
4 months ago 00:00:00 2
Развитие мирового политического кризиса
4 months ago 01:14:06 1
Армагеддон подкрался незаметно
4 months ago 01:44:16 1
Последний парад путина
4 months ago 00:00:00 1
Власть первобытных политиков.
4 months ago 01:03:26 1
Си Цзиньпин умирает?!
5 months ago 00:18:52 1
Trump Assassination Attempt: Security Lapses, Manipulating Public Perception