We are witnessing the rise of the second cryptocracy, the Monero Cryptocracy. The Monero Cryptocracy describes the revival and mainstreaming of bitcoin and its derivatives, followed by the alignment of the cryptocurrencies with mainstream financial and economic environments. It is increasingly being adopted by major financial institutions, retail outlets, brokerages, exchanges, and banks.
How is the Monero Cryptocracy different?
First of all, Monero is the cryptocoin that is composed mainly of x13 encrypted features, which means it protects the transactions without using a centralized network and without changing the ledger, which makes Monero the most suitable choice for those who want to transact entirely off the blockchain. This also means that, as of now, there are no ASIC machines that could potentially slow down the production of Monero or invalidate transactions. On the contrary, the Monero core team has promised to introduce new features to the protocols on a constant basis. Some of those will increase the scale of the blockchain, so the speed of transactions will increase even more.
Secondly, the Monero Cryptocracy makes sure that all their transactions are encrypted. Therefore, they don’t even have to keep their addresses secret, if they want to see what is going on. For example, if they want to be a seller on the OpenBazaar marketplace, then all transactions are going to be completely encrypted by default, so they won’t have to worry about them anymore
Last but not least, Monero is also the first cryptocracy to utilize the power of microtransactions. Many people are afraid of using decentralized currencies for a simple reason: the temptation is much bigger to invest in such currencies if they allow much cheaper transactions. On the other hand, their transactions are much faster compared to normal payment channels. Therefore, the Monero Cryptocracy is a safer choice compared to other cryptocracies.
After reading this article, the question is still unanswered: how is it better than another cryptocracy.
We strongly believe in fairness. We always strive to give our readers an honest evaluation of cryptocurrencies. In this case, the alternative cryptocracies have not done so well. Their technologies and projects are still far from the mainstream. That is why we are focusing on cryptocracy with one of the strongest technologies: the Monero Cryptocracy.
We believe that this cryptocurrency will be better than Bitcoin or any other cryptocurrency. Monero is powerful, trustworthy, and sustainable. It will be better than other cryptocracies and help to open a new chapter in the history of cryptocurrencies.
Monero Cryptocracy development progress
In the following months, Monero Cryptocracy will achieve new milestones. The development is going quite well, so we are confident that the main stakeholders will have a huge impact in the near future.