Monero
As you all know that now this is the revolution period for currency.
- Barter system
- Golde coin
- Paper currency
- Plastic money (Debit card, credit card)
- Cryptocurrency
What is Cryptocurrency and how it works?
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
"Decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation"
(source Wikipedia)
Simply means that currency is safe, secure and hidden from the public.
Problem # 1
There are too many cryptocurrencies and all have a different value.
Guys, The cryptocurrencies are limit and as we all know about the "Law of demand" if the thing is limit so the price goes up. The same law applies here. One thing is more important which maintain the price is the developer's updates.
Problem #2
Which cryptocurrency will complete "Bitcoin"
Monero (XMR) $346.39 USD
Market Cap $5,471,370,635 USD
Website https://getmonero.org/
Source Code https://github.com/monero-project/monero
(source:coinmarketcap)
In the end, I just say be careful while you are investing in ICO many Coins offers are fake.
Try Coin marketapp https://goo.gl/p3Xb48
#Steemit
#votemeup