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Any idea why Monero as such low usage traction?
by elmar 9y ago
Any idea why Monero as such low usage traction?
- lawn 9y agoMainly two reasons I think: 1. There are no mobile wallets, multisig or hardware wallets. Now all of these are in the works and hopefully ready this year. 2. Very little effort has been spent on marketing compared to other coins (for example Dash). The biggest reason is that Monero is community funded and it's not possible to use a share of the developers share of coins, as there isn't one. This is compared to the marketing in Dash which has been fueled by the instamine. Focus has instead been placed on developing the fundamentals. In fact it's a bit surprising that Monero has had the popularity it has. The official GUI was only released relatively recently and before then you were sort of forced to use the command line client.