Why Monero matters
Partial list of reasons, additions welcomed.
- Completely different code base from Bitcoin. Presently at the state of Bitcoin in 2010.
- Ring signatures (decade-proven cryptography that actually works from day one, not a promise).
- I2P integration in the work (if your transaction is anonymous but your IP is visible to anyone, you are not anonymous anymore) - partnership with Privacy Solutions.
- Impossible to examine blockchain for tracking funds (except if you decide to give the viewkey to someone), behaves like cash. "True electronic cash".
- Very active and open development. Read the weekly Monday Monero Missives on the OP or Monero interview.
- "Underpromise, overdeliver". No false promises, no bullshit. Growth is mostly by word-of-mouth. High signal-to-noise ratio.
- The highest concentration of reputable Bitcointalk members supporting it, beside Bitcoin itself. Look at the name/status/reputation of the people interested in it, that should speak by itself. One of the few cryptos to have reached 7 stars at the Coinssource Trust Index.
- Pure PoW, no Proof of Scam.
- Number one in volume on Poloniex from day 1, it even has its own market now. Much more liquid than most cryptos (liquid = good).
- No premine/ninjamine/instamine/fastmine/hidden lauch; devtome-sanctionned.
- Algo meant for better balance between CPU and GPU, pretty good ASIC resistance.
- No blockchain halving generating artificial price moves - instead, smoothly decreasing emission rate.
- RPC wallet incoming.
- Adaptive limits. Doesn't suffer from the 1MB block limits.
- Fast 60 second block confirmations
- Some testimonials: Aminorex, rpietila
- Sophisticated future-proof alias system.
- Animated GIF explanation.
- Reply to Darkcoin, Anoncoin, Shadowcash, Monero, extensive reply to a "buying advice".
- A year in review.
- Monero has a tail emission that protects against lack of incentives to secure the network.
- Best candidate for the catastrophic niche hedge (longer post with more arguments).
- The Three Pillars of Monero