One of the core tenets of bitcoin is that its public ledger, which stores all token transactions in its history, is visible to everyone.
Monero was released in 2014 by a consortium of developers, many of whom chose to remain anonymous.
The privacy token operates on its own blockchain, which hides virtually all transaction details.
For one, it’s not as liquid as other cryptocurrencies — many regulated exchanges have chosen not to list it due to regulatory concerns, explained Mati Greenspan, portfolio manager and Quantum Economics founder.
Traceability is more easily accomplished with bitcoin, given that its blockchain lays bare transaction amounts and the addresses of both the sender and recipients taking part in the exchange.