Questions tagged [privacy-focused]

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KimchiQueenCharm KimchiQueenCharm Tue Jul 30 2024 | 6 answers 1250

What is nym?

Could you please explain to me what 'nym' stands for and what it represents in the world of <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> and finance? I've heard it mentioned in a few conversations but haven't quite grasped its significance. Is it a type of token, a protocol, or something else entirely? I'm particularly interested in understanding its purpose, how it functions, and any potential benefits or drawbacks associated with its use. Your insights would be greatly appreciated.

What is nym?
lucas_clark_artist lucas_clark_artist Sun Jul 14 2024 | 7 answers 1118

Which cryptocurrencies are a privacy-focused cryptocurrency?

Could you elaborate on which cryptocurrencies are considered privacy-focused? With the ever-evolving landscape of digital currencies, it's crucial to understand which options prioritize anonymity and privacy for users. Some cryptos have gained a reputation for their emphasis on privacy features, allowing for transactions to be conducted without revealing the identities of those involved. Would you be able to provide a concise overview of these privacy-oriented cryptocurrencies, highlighting their key privacy mechanisms and why they are valued by those seeking enhanced privacy in their financial transactions?

Which cryptocurrencies are a privacy-focused cryptocurrency?
JejuSunrise JejuSunrise Sat Jun 08 2024 | 7 answers 1749

Is XRP halal or haram?|Ripple (XRP): Despite some controversy surrounding its centralization, due to its utility in facilitating cross-border payments. Monero (XMR): A privacy-focused cryptocurrency that provides anonymous transactions, deemed halal by some scholars.XRP is often considered halal

Could you clarify for me whether XRP is categorized as halal or haram? I've heard that Ripple, the company behind XRP, has faced some controversy over its centralization, but it's also praised for its efficiency in facilitating cross-border payments. On the other hand, Monero, which is known for its privacy-focused features and anonymous transactions, is deemed halal by certain scholars. Given this information, how does the community generally view XRP in terms of its religious compliance?

Is XRP halal or haram?|Ripple (XRP): Despite some controversy surrounding its centralization,  due to its utility in facilitating cross-border payments. Monero (XMR): A privacy-focused cryptocurrency that provides anonymous transactions, deemed halal by some scholars.XRP is often considered halal

|Topics at Cryptocurrency Q&A

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