ninja launch with new algo
meh...
Coin was launched with an Ann. Anyone had opportunity. Maybe somewhat ninja but still fair launch consider other coin launches.
I understand your meaning but launch was a fair as any coin.
Not just new algo, different protocol. CryptoNote protocol. Comparison to Apple/Microsoft = Bitcoin protocol/CryptoNotes protocol.
https://cryptonote.org/ - Untraceable Payments
- Unlinkable transactions
- Double-spending proof
- Blockchain analysis resistance
- Egalitarian proof of work
- Adaptive parameters
CryptoNotes protocol provides a much more anonymous cryptocurrency than the BitCoin protocol.
Most coins are just clones of BitCoin or it's derivatives. Monero is moving forward towards more anonymity using the CryptoNotes protocol and is differentiating itself from the plethora of new coins by using the CryptoNotes protocol. Will it be successful? We will have to wait and see. One thing is certain. Monero is breaking new ground by bringing a new coin using a different protocol to the cryptocurrency world. Only time will tell how successful Monero will be but everyone benefits from choices. Bringing a new coin using a different protocol than the BitCoin protocol is a good thing for the cryptocommunity. It's not just another coin with another color for it's name. It's a new coin based on a different protocol entirely.