this post was submitted on 13 May 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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It makes the privacy coin ecosystem more decentralized and unstoppable. If we have a DEX where they can all be easily swapped instantly then they become interchangeable.
If we have a whole bunch of private coins with roughly the same amount of users each then attacking one or two of them makes no sense because people will just hop over to another one.