this post was submitted on 12 Dec 2024

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Are there any strong competitors of Monero? (monero.town)

submitted 2 months ago by jay_edwards@monero.town to c/monero@monero.town

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[–] mister_monster@monero.town 1 points 2 months ago

Strong network effects wise, no. Price wise, no. Age wise, no. But tech wise, you've got firo, arrr, wownero. They're not really competitors because of all the ways Monero dominates, but they could serve the purposes Monero serves as private money for people really well if people wanted to use them.