Why Criminals Love Monero? | Blockchain Central

The video explores Monero, a cryptocurrency known for its high security and privacy due to decentralization and ring signatures. Unlike Bitcoin and Ethereum, Monero transactions are untraceable, making it attractive for privacy but also for criminal activities. Monero's fungibility ensures that its coins are not tainted by past transactions. However, this privacy has led some exchanges to exclude Monero. The video concludes with a disclaimer that it is not financial advice.

What are the two most important elements of a reliable bank according to the text?

How does Monero ensure transaction security and privacy?

What is the significance of ring signatures in Monero transactions?

What are the potential downsides of Monero's privacy features?

Why might some exchanges choose to exclude Monero from their offerings?