Monero is an open-source cryptocurrency designed for private, fungible digital payments. It uses ring signatures, stealth addresses, and confidential transactions to conceal...
Pros
- Strong privacy protections are enabled by default
- Large, active open-source community and broad wallet support
- Fungibility is stronger than in transparent cryptocurrencies
Cons
- Less transparent transaction history can create exchange and regulatory restrictions
- Mining is optimized for general-purpose CPUs but still consumes substantial energy
- Privacy features make auditing supply and transactions more complex
Free; network transaction fees vary
