Monero was introduced on April 18,2014 it's a secure , private ,untraceable cryptocurrency just like bitcoin and it's a open source, accessible but one difference is that this coin is fungible, meaning that every unit of the currency can be substituted by another unit. That make Monero different from public-ledger cryptocurrency. to do this they use Cryptonote ,which is a protocol which make it achieve it good privacy monero uses to
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That's a small background behind monero but the good news is you can now mine this coin for bail money to bail somebody out. It dosen't even have to be your family member or how its stated-on Quartz "Use your computer's spare power to fund bail for us Defendants" This Project was a week ago! The project, called Bail Bloc November 15,2017 it amazing how we are now using cryptocurrency for an advantage now and even helping others. This project is an app that uses 10% of the processor's energy to mine the cryptocurrency. So you don't have dedicate yourself to do it. It does it when you activate it. The goal or this project is to release 160,00 defendants in 40 sites across the country within five years. This is just fascinating! This is one of many ways technology will help us improve our self!
Of course, with this just launching and being public the currency Monero (XMR) showed big growth for investor
This show the value of Monero on the first of November being at $84 usd.
Today the Monero value is at $167 a huge increase In less than a month! It not too late to get into cryptotrading .
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