Monero (XMR) Cryptocurrency Anonymity Stands for Basic Human Rights Says Justin Ehrenhofer
Justin Ehrenhofer: XMR from Monero Helps Promote Basic Human Rights
Justin Ehrenhofer is currently the workgroup organizer for the Monero Community, and he was recently interviewed by a cryptocurrency news portal known as Blokt. The interview in question covered a broad range of issues such as online privacy and why it is considered a basic human right as well as the upgrade expected to be launched on October 18th.
On Monero, Justin stated that the cryptocurrency was completely decentralized and that its primary focus was on security, fungibility, and privacy. In the course of the interview, they also discussed about the plans the Monero Community have put in place for the future, as well as whether the community had in anyway been affected by the regulatory conditions.
Privacy As A Basic Human Right
He went on to add that the platform was completely open-sourced, which meant that users had complete control over their security and privacy options. The interview went on to cover the privacy issue, as well as why it was deemed so important by the online fraternity.
Justin holds a firm belief in the fact that privacy is an important part of basic right, and that individuals have a right not to disclose the sources of their funds or in any way be tracked by third parties when paying for goods and services rendered on the web space.
Monero And Its Privacy Features
The Monero community comes with integrated privacy features that make it possible for its users to transact online without ever worrying about their privacy being intruded upon. In addition, platform users need not worry about Monero’s worth, and whether it is worth more or less than related platforms. Another aspect that its users should not have to worry about is whether the community and its platform are under investigation or not.
Justin went on to state the reasons why Monero was being considered the leading coin when it comes to privacy-related issues. He stated that the coin went out of its way to ensure that its users had all the privacy they deserved, which is something that cannot be said about other cryptocurrencies.
He added that its platforms and systems did not have to be worried about important transactional data being leaked—this includes the amounts that were being transacted on the platform on a given day.
Monero has always tried to make sure that it provides users with enough privacy for all the transactions that they are conducting. Because of this, it has always ensured that it takes on a respected approach when it comes to making decisions that will affect its millions of users. This is a feature that has made it a decentralized and fair coin, like Bitcoin, its predecessor.
The platform is expected to undergo a crucial upgrade later on this month, which according to Justin is normal. Often, its upgrades occur twice a year, and are aimed at introducing major changes to the platform such as scalability, decentralization, efficiency, security, and enhanced privacy levels.