05-26-2021, 04:35 PM
The 3rd Largest Monero Address Just Bought An Additional 69,420 XMR
<!-- SC_OFF --><div class="md"><p>Well, no they did or they did not, but no one would come to know about it. That is the beauty of the Monero blockchain - it is truly private. They may have bought, they may have sold it all, but there is no way anyone call tell what they did with their own funds.</p> <p>In an age where big governments and corporations exceedingly look to infringe upon people's privacy, and where most aspects of financial privacy are already non-existent for a lot of people, Monero is one of the few technologies that puts power back in people's hands and enables them to secure their financial privacy. </p> <p>Monero has a private blockchain, that means no one can look into the blockchain to see which address is spending how much. For example, <a href="https://localmonero.co/blocks/tx/568c987851d9043eb905e68d6e9c7c4759f8cf1badba280a4608aab9c75f27e6">this</a> is a Monero transaction in the latest block. Just looking at the transaction, no one can see how much is being transacted, and who is transacting them. </p> <p>Even if you know someone's Monero address, you cant see how much they have sent or received. Only the address owner has a special view key that enables them to access the account and see how much funds they have received and their transaction history.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DetroitMotorShow"> /u/DetroitMotorShow </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nlbc6z/the_3rd_largest_monero_address_just_bought_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nlbc6z/the_3rd_largest_monero_address_just_bought_an/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Well, no they did or they did not, but no one would come to know about it. That is the beauty of the Monero blockchain - it is truly private. They may have bought, they may have sold it all, but there is no way anyone call tell what they did with their own funds.</p> <p>In an age where big governments and corporations exceedingly look to infringe upon people's privacy, and where most aspects of financial privacy are already non-existent for a lot of people, Monero is one of the few technologies that puts power back in people's hands and enables them to secure their financial privacy. </p> <p>Monero has a private blockchain, that means no one can look into the blockchain to see which address is spending how much. For example, <a href="https://localmonero.co/blocks/tx/568c987851d9043eb905e68d6e9c7c4759f8cf1badba280a4608aab9c75f27e6">this</a> is a Monero transaction in the latest block. Just looking at the transaction, no one can see how much is being transacted, and who is transacting them. </p> <p>Even if you know someone's Monero address, you cant see how much they have sent or received. Only the address owner has a special view key that enables them to access the account and see how much funds they have received and their transaction history.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DetroitMotorShow"> /u/DetroitMotorShow </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nlbc6z/the_3rd_largest_monero_address_just_bought_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nlbc6z/the_3rd_largest_monero_address_just_bought_an/">[comments]</a></span>Kind Regards R