The latest Monero news show that the cryptocurrency moves right along with other altcoins in the market, following price movements and not sticking up. What has changed over the past few years is the fact that Monero built a real community around it, bringing the Monero voluntarism to a whole new level.
As a cryptocurrency, XMR is also a big part of the discussion in communities on Reddit, Stack Exchange, BitcoinTalk Thread, Mattermost Chat and Telegram chat.
According to a tweet by Sydney Ifergan Crypto Expert:
“Voluntarism is the key to reducing high fees. Collaborative value and co-creation of economy with Voluntarism is the dominant logic in the Monero cryptocurrency space. Therefore, the network is sustainable for mass adoption.”
The XMR price is currently below $65 and it sustains the bullish bias. Now, the price is away from its daily high, it is still within the descending channel. The latest bearish move which swept away billions from the market also affected XMR in a bad way and made it lose more than 8%.
However, our topic today is the Monero voluntarism and what is very interesting is the subreddit of Monero (XMR) which is essentially a place where users involve in general chatter and have their basic questions answered. The community is involved in a lot of research and development but they have not put in as much efforts in marketing. In terms of innovation and execution, the Monero project has strong talent and a decent track record.
The aspect of Monero voluntarism also shows that XMR is different from other private coins by being trustless. By nature, there is no need to trust a central team for the company to stay private. In this way, we can see that voluntarism is one of the major driving forces contributing to the growth of Monero (XMR).
After 2022, many expect the block reward to stop decreasing from 0.6 XMR, signaling a period of fast change and stable mining activities.
The cryptonews also show that the block size of Monero has no cap and is dynamic. While fiat currencies tend to inflate by 2% to 6% every year, the inflation of Monero is 0%.
buy orlistat online www.parkviewortho.com/wp-content/languages/new/prescription/orlistat.html no prescription
With an anonymity set that is strong, we can see that Monero has all the characteristics desired to facilitate mass adoption.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post