this post was submitted on 20 Sep 2024
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Monero, XMR, crypto, cryptocurrency

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Is Monero better than other anonymous coins, like ZCash and stuff? (monero.town)
submitted 3 months ago by [email protected] to c/[email protected]
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Hey, guys. Can anyone explain in simple words, what are the main benefits of Monero compared to other anonymous coins?

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[โ€“] [email protected] 2 points 3 months ago (1 children)

Zcash's privacy is opt in (bad), it has a CEO and not that decentralized at all. There are other facts, but these are the ones I could think of.