A popular cryptocurrency analyst and trader Josh Olszewicz looked into the price action of Tezos and Monero. He also covered a weekly DeFi round up.
Tezos (XTZ)
Tezos is a decentralized smart contract and application network, with an on-chain governance layer designed to enable efficient network upgrades and provide a transparent stakeholder community.
Monero (XMR)
Created in April 2014, the privacy coin Monero (XMR) enables untraceable, unlinkable, private, and analysis-resistant transactions.
The default privacy features used in XMR leverage Multilayered Linkable Spontaneous Anonymous Group signatures (MLSAG), ring confidential transactions (RCT), and stealth addresses. In September 2020, the Concise Linkable Spontaneous Anonymous Group (CLSAG) transaction format was added, which decreased transaction sizes by 25% and decreased verification times by 20%. Other coins with the optional ability to send private transactions include Zcash (ZEC), DASH (DASH), GRIN (GRIN), and PIVX (PIVX), which use Zero-Knowledge proofs or CoinJoin.
DeFi Weekly Round Up
DeFi Token Weekly Round-Up – 26th August 2021. Watch and find out what the charts say this week for LINK, COMP, UNI – and many more
