This is the main feature that makes Monero unique and which has made regulators in various countries skeptical about it, believing that the untraceable transactions could trigger some undesirable results and practices.
This privacy and security features make Monero a fantastic coin among digital currencies.
With the coin market being in such a bearish condition, some analysts say that it could be the end of the road for this nascent industry, but we believe that this is completely unlikely.
Monero (XMR) is a cryptocurrency that’s focused on privacy, fungibility, and decentralization. The token was created back in 2014, and this means that it managed to survive the enormous 2014-2015 bear market.