What is eXMR?
eXMR is a security protocol that adds privacy to the Ethereum coin while still keeping intact the benefits of ethereum network . It basically integrates monero blockchain to the ethereum network thus giving the user the needed privacy and not interfering with the Ethereum coin per se. It instigates the beginning of super privacy era in the kingdom of Ethereum. eXMR is made possible due to the new upgrades in the Ethereum platform thus adding privacy to the previous low security versions.
Monero blockchain and its advantages
Amidst of transparent and traceable blockchains like bitcoin, Monero provides its users ring security which enables them to hide not only the amount of transaction but also the receiving address of the amount made. Monero is an alternate coin based on “cryptonote” protocol and is not based on the bitcoin model. The transactions can be made partially transparent with the option of ‘view key’ and thus provide its users ease to operate on the platform.
Monero is compatible with different platforms such as linux, windows etc and it is especially made compatible with the mobile phones for ‘easy access’ and ‘one touch accessibility’. Monero being a decentralized network is highly secure cryptocurrency and is sometimes used to mine other cryptocurrencies such as ‘Bitcoin’.
Unlike bitcoin and other crytocurrecies the users cannot be blacklisted on monero as it is highly secure and a very private platform. These days’ users basically use monero platform as a tool to convert ‘bitcoin’ to ‘monero’ and then convert back to bitcoin at some other address to ensure untraceable transactions.
Investment in eXMR
eXMR is a ‘tokenized monero’ on ethereum blockchain. The tokens are sold currently in its ‘initial coin offering’ (ICO) on their website and the sale is to raise funds to meet the business costs. With Ethereum now being the current market emerging leader buying such security token will be highly beneficial during this ICO. During the ICO coins are being sold at ‘very low price’ to provide universal acceptability and accessibility for these security tokens.
Not only eXMR is highly secure and private the fact that it is highly accessible and personalized makes it the current investment for choice. With the market of ethereum expanding with such a great pace eXMR is definitely a future giant and buying in early will ensure future profits. eXMR is a very scarce digital asset as it can be controlled by other digital currency.
eXMR “The new monero”
Not only is eXMR is providing safe transaction but also ‘cheap transaction’ on Ethereum ecosystem. By encrypting other coins and making their transactions opaque it stands by alone as a scarce digital asset. With the implementation of zk-SNARKs with EXMR it works faster and safer and has now become the world’s fastest ERC20 token in terms of speed and providing security.
It may be called as the ‘new monero’ as its blockchain time is 15 seconds which is eight times less than the ‘classic monero’ time. The classic monero provides privacy via ‘Ring CT’ while EXMR provides privacy via ‘zk – SNARKS’ which is much more advanced cryptocurrency tool.
EXMR comes in handy in solving the three basic problem of cryptocurrency market these days:
• Transactional security
• Cost of transaction fees
• Privacy of each transaction
EXMR has the new cryptographic tool ‘zk – SNARKS’ which by its addition in the Ethereum network is providing privacy to the platform.
EXMR monero is currently the best cryptocurrency to buy and sell anonymously and thus giving users the security they need for their transactions. And by integrating anonymity to ethereum blockchain the long waited dream of cryptocurrency enthusiast will become true.
Official Website:
https://exmr.io
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