Post
Topic
Board Altcoin Discussion
Re: Could Monero replace Bitcoin soon?
by
owlcatz
on 03/09/2016, 12:13:34 UTC
@owlcatz. Yes the gui sounds good but what Monero needs is a good light wallet and a web wallet that is provided by a third party. If third party developers from bitcoin will crossover to Monero then that would be a sign that the XMR blockchain will be a fomidable one beating all the others for the title of potential replacement for bitcoin. We all thought it was litecoin.

There already is a great web wallet - https://mymonero.com/#/

The thing about this coin is it's privacy features. It's not a BTC clone, the code is completely different. It's not out to "beat" BTC, it's just a new coin altogether, it's about true fungibility, and optional privacy. You don't walk around with your wallet open to see how much $ you have in it do you? Same with Monero.