XXC vs XMR 2023: Features and Improvements

In the world where the financial technology is ever-evolving, cryptocurrency provides surety of safety to users. Moreover, crypto currency has changed the way people view the financial world nowadays. There are so many aspects within the realm of crypto currency that make it significant. Furthermore, so many are popular among investors. Out of so many, we are going to talk about two that focus on providing security and privacy to users. This article is going to be a comparison of these two crypto currencies. These currencies are XXC and XMR. Therefore, the article is about xxc vs xmr 2023.

These two crypto currencies aim at providing utmost privacy to the investors and other users. Both the currencies were launched in different years. XXC is a newer crypto currency as compared to XMR. In this blog post, we will compare these two crypto currencies in a simple way. Thus, to compare these two, we will talk about their features and the improvements they have been through. Thus, to learn which one is the better one, read all the information.

About XXC vs XMR 2023

These are two forms of crypto currencies which are launched in different years. This article is an exploration of their comparison. Therefore, in the further sections we will talk about them separately. However, these two forms of digital currencies have one thing in common, i.e., they ensure privacy to their users. Both of these currencies have undergone significant changes in the year 2023. Let us know about these two forms of crypto currencies in details and find out the best one through the comparison.

What is XXC?

It is a form of crypto currency that was launched in the year 2021. Moreover, a lot of transactions can be made without facing any trouble. Further, XXC focuses on safety and privacy of investors. Additionally, XXC also provides scalability. Let us know about these features in details:

Features of XXC vs XMR 2023

There are three main features of this form of crypto currency. These three features make it a reliable and significant form. Therefore, let us talk about them in a more detailed manner –

• Provides Security – this type of currency provides utmost security by securing the network. Moreover, to secure the network, it used two types of two types of method. These methods are : proof of work and proof of stake. Combining these two methods together provides security and also makes use of lesser energy than before.
• Provides Privacy – it keeps all the details related to transactions private. Therefore, users can rely on it. Moreover, investors have the proof of making a transaction. Also, for proving it, they do not have to show any details. Furthermore, for this, XXC uses zero-knowledge proofs technology.
• Scalability – the blockchain is splits into smaller components with the help of a technology called sharding. Therefore, users do not face any trouble while making multiple transactions at the same time. It makes the process faster and expands it.

Improvement in XXC in the year 2023

• To make transactions fasters and more reliable and also to use lesser energy, XXC enhanced zk-SNARKs. It means that it enhanced zero-knowledge proofs.
• Quantum computers might break present methods of encryption. Therefore, considering this, XXC added protection against it.  Hence, the encryption methods are safe and secured with this form.

What is XMR ?

This form of crypto currency is also known as Monero. This digital currency is older than XXC as it was launched in 2014. Moreover, it focuses on privacy of users. Therefore, all the transactions and their details remain absolutely safe. Hence, users do not have to worry about their private information and data getting leaked or robbed. Let us have a look at the features of this form.

Features of XXC vs XMR 2023

XMR also provides similar features. However, it makes use pf different technology to provide security and privacy. So let us see the difference –

• Provides Privacy – the technologies that are used are RingCT, ring signatures and stealth addresses. Therefore, all the transactions remain and safe and private.
• Provides Scalability – despite of being able to manage the size of blockchain, it remains unsuccessful to solve the issues of scalability.
• Provides Security – this type of crypto currency uses PoW for the security of network.

Improvements in XMR in the year 2023

• Earlier, for the verification of transactions, there used to be a lot of workload. However, to get rid of that, it introduced a new ring signature method called Triptych. Moreover, this method also contributes to  privacy.
• To make faster and cheaper transactions, it upgraded to bulletproofs+.

Conclusion

XXC and XMR are two different types of crypto currencies. Both of these deal in providing privacy and security. This article explores their comparison – Xxc vs Xmr 2023. The features of both the types of digital currencies are similar. However, both of these use different technologies. Furthermore, both the types have made significant improvements in the year 2023. Thank you.