84
votes
What advantages does Monero offer that are not provided by other cryptocurrencies?
It is the only private cryptocurrency in use today which is truly fungible as all transactions are private and created equal.
It satisfies the 3 important properties of electronic cash: decentralized,...
- 19.9k
58
votes
Accepted
How does Monero privacy and security compare to Zcash?
As described by Monero Research Lab academic Shen Noether with regard to the anonymity set:
Monero (although the zcash proponents note that a ring signature is a "smaller" anonymity set, ...
- 1,364
40
votes
How is Monero compared to Dash?
Dash uses a modified version of coinjoin to enable its users to mix their outputs with each other. Coinjoin was originally proposed by Gregory Maxwell, and has been available for use in Bitcoin for ...
- 1,498
27
votes
Accepted
What is the difference between Monero (XMR) and Verge (XVG)?
Despite both being advertised as privacy-focused cryptocurrencies, they are very different.
Summary
Monero uses ring signatures, RingCT, and stealth addresses to hide information on the blockchain. ...
- 8,806
24
votes
Accepted
What are the primary differences between Monero and Bitcoin?
Privacy
You won't find your standard address on the blockchain. Every single output is its own one time address, there is no choice about it (as opposed to Bitcoin, where address reuse is discouraged,...
- 34.9k
21
votes
Accepted
Selective transparency in Monero vs Zcash
This question boils to down which selective transparency options both coins offer. I'll start with Monero. In Monero there are three tools for selective transparency, namely the viewkey (called the ...
- 15.2k
19
votes
Accepted
How is Monero compared to Dash?
The social contracts of the two coins have diverged substantially over the past several years.
Monero has consistently put privacy and security over usability and marketing. Most early users were ...
- 470
18
votes
How does Monero privacy and security compare to Zcash?
Adding this answer to make it simpler to those who can not understand the top response.
ZCash uses a new cryptography tool called zk-SNARK (don't worry about the name). This is different than the ...
- 8,806
16
votes
Accepted
Sidechain with Monero as the base token and Zerocoin as the anonymous token
Yes it's definitely possible, but why create a whole new coin for that? A better idea would be to create a Zerocoin sidechain (post RingCT) for Monero that allows people to move their Monero into the ...
- 1,058
14
votes
Selective transparency in Monero vs Zcash
In fact Zcash does have viewing keys that allow to see all incoming transactions for a certain address. There is also a straightforward way to do proof-of-payment without changing the protocol, ...
13
votes
Accepted
What is RingCT and how does it make Monero private?
Yes, that is true, but that is not the only thing. The main privacy enhancing features of Monero are:
Ring signatures: make transactions harder to trace by obscuring the output of the true sender in ...
- 3,327
12
votes
Accepted
How does ShadowCash compare to Monero?
Monero is built on Cryptonote, which uses ring signatures (which it created in the context of cryptocurrencies) and stealth addresses. ShadowCash is built on Bitcoin, and reimplemented ring signatures ...
- 34.9k
12
votes
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Monero RAM requirements compared with Zcash
Monero originally required a lot of RAM, because it stored the blockchain in RAM. Currently, Monero uses LMDB to store its blockchain. As a result, people are able to set up Monero nodes with only ...
- 6,563
12
votes
Accepted
What is the difference between Monero (XMR) and Nav Coin (NAV)?
Despite both being advertised as privacy-focused cryptocurrencies, they are very different.
Monero uses ring signatures, RingCT, and stealth addresses to hide information on the blockchain. For every ...
- 8,806
11
votes
What are the primary differences between Monero and Bitcoin?
A few other security related things that weren't mentioned in the other answers. In contrast to Bitcoin's 10 minute block time, Monero has a 2 minute block time.
Additionally, Monero uses a ...
- 1,498
11
votes
Accepted
Monero private key collision
Well, private spend keys are 64 character hex strings, see here:
https://moneroaddress.org
That will give you around 1e77 possible private keys. If n is the number of possible private keys, and you ...
- 4,403
11
votes
Can Monero's privacy features be integrated into (copied) by bitcoin?
The simple answer would be no. The codebases simply aren't in any way similar. Bitcoin devs would need to do a massive rewrite of the code to implement ring sigs with confidential transactions, it ...
- 6,484
10
votes
What advantages does Monero offer that are not provided by other cryptocurrencies?
Advantages of CryptoNote coins
Common to all Bytecoin derived coins
Monero transactions are untraceable and un-linkable by default. Meaning that there is ambiguity of where the monero came from and ...
- 1,187
10
votes
Accepted
How does TumbleBit privacy and security compare with Monero?
Update 2018.02.04 In light of recent of environment changes, this answer needs update, since blockchain scalability cannot be ignored anymore. TumbleBit's mixing technique became completely ...
- 215
10
votes
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Monero mixin 0 versus Zcash "T" address transaction
Monero mixin 0 is still superior to a Zcash "T" transparent transaction due to the fact that Monero uses stealth addresses for every transaction whereas Zcash does not have this feature.
I do not ...
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9
votes
Accepted
How does XMR compare to ZCash in terms of transaction fees, mining, coin supply?
Do Monero and ZCash have different transaction fees?
This is largely going to depend on the price, which is currently unknown because Zcash hasn't launched yet. However, on testnet the fee seems to ...
- 15.2k
9
votes
Why is the emission curve of Monero so steep?
It's steeper than bitcoin's because thankful-for-today made it that way. Indeed, if you dig into the bitcointalk forum history, you can find that not many early monero community members were ...
- 5,694
9
votes
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How does Monero privacy and security compare to ZCoin?
1. Can ZCoin protect the privacy of transaction amounts like Monero will do with RingCT
No, it cannot. All transaction amounts are visible on the ZCoin blockchain. As of the block 1,220,517 v4 fork in ...
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8
votes
What are the primary differences between Monero and Bitcoin?
I'm not exactly sure I understand the question, but I'm assuming you mean what of those three factors sets Monero and Bitcoin apart the most?
I'd say privacy is the big one, for one, the other two ...
- 6,484
8
votes
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Why is the emission curve of Monero so steep?
There's no definitive answer to this (I've asked the devs in the past and they' don't know either) because the original guy that announced Monero, was thankful_for_today and he's no longer around. ...
- 6,484
7
votes
Accepted
What is the difference between Monero (XMR) and Electroneum (ETN)?
Going through the commits there is really only one significant difference. Electroneum has no decoys, thus removes a significant aspect of privacy:
#define DEFAULT_MIX 0
#...
- 19.2k
6
votes
Accepted
What infrastructure still needs to be built for Monero that Bitcoin already has?
SPV / Light clients with high level of trustlessness.
Fiat <-> xmr gateways. (sort of encompasses all of the below)
ATM machines.
Billpay-type services
Bitwage type services
Payment processors (...
- 5,694
6
votes
Accepted
How many lines of source code does Monero have?
I do not know the exact number of lines of Monero source code, but there are a few methods to calculate it, which are described here.
Monero is not based on the Bitcoin code base and is rather ...
- 6,563
6
votes
Accepted
What will Enable monero to scale where Bitcoin failed?
Monero will scale where bitcoin failed because Monero is hardcoded to scale to the network infrastructure (a real variable), whereas Bitcoin is hardcoded to scale to a decision made by humans (the 1 ...
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Only top scored, non community-wiki answers of a minimum length are eligible