Monero vs Stellar

Question

I wonder how Monero stands compared to Stellar in terms of privacy and scalability. An in-depth comparison is appreciated and will be awarded with bounty.

score 1 · Answer 1 · answered Nov 18 '19 at 02:58

1

Apples to oranges would be an understatement. They are not comparable. Monero is a private, decentralized, secure, untraceable, fungible digital currency. Stellar is not.

answered Nov 18 '19 at 02:58

jtgrassie

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Well, you just compared them. But I'm looking for an in-depth one. – ferit Nov 18 '19 at 04:43

score 0 · Answer 2 · answered Nov 22 '19 at 18:25

Stellar uses bulletproofs, something adopted around the same time as Monero. However, there is no protection for sender and recipient privacy, only the amount sent.

This isn't an issue if two banks are obviously going to be interacting with each other, but it means if a user wishes to be private, that privacy is diminished by the opt-in characteristics of the network, as well as their addresses being easily correlated.

Monero vs Stellar

2 Answers2