Altcoins News

Story: Monero Voluntarism is the dominant logic in the XMR Cryptocurrency Space

By Maheen Hernandez

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Monero in Triptych Cryptographic Research

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Monero is Trustless and powered by Voluntarism

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Monero communities are on Reddit, Stack Exchange, BitcoinTalk Thread, Mattermost Chat, and Telegram chat.  Monero is very much Community driven.

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Sydney Ifergan Crypto Expert tweeted:  “Voluntarism is the key to reducing high fees. Collaborative value and co-creation of economy with Voluntarism is the dominant logic…

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The XMR price is currently below the $68 level; however, it sustains the bullish bias. While the price is away from the daily high it is within the ascending channel.

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The subreddit of Monero (XMR) is used as a place where users whether new or old involve in general chatter, have their basic questions clarified.

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Cryptographic research is one area where Monero has implemented several advancements concerning the core protocol.

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Monero is different from other private coins by being trustless.  The major thing about the trustless nature is that there is no need to trust a central team for the company…

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Voluntarism is one of the major driving forces that contribute to the growth of Monero.  The community has strong trust in the project.  Crowdfunding is a major strength.

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The block size of Monero has no cap and therefore it is dynamic.  When considering Fiat currencies, which inflate by 2 to 6% every year, the inflation of Monero is zero. 

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After mid 2022 the block reward will not decrease from 0.6 XMR.  The minimum block rewards for miners will be sustained.

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The actual anonymity set in Monero is strong because the transactions are private by default.

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