Solana, Monero, Dogetti Prioritise Security While European Politicians Desire Their Own Blockchain
The crypto industry has had its share of trouble regarding security and privacy, but coins like Solana (SOL), Monero (XMR), and Dogetti (DETI) decide to improve on these areas. Meanwhile, European politicians are keen to create their own blockchain, Europeum, which promotes privacy after regulating cryptocurrencies.
According to Belgian politician Mathieu Michel, the Government could use Europeum to record property ownership, professional qualifications, or driving licences while adhering to the European Union’s high regulatory norms.
If this project becomes successful, the bloc might be the globe’s first major jurisdiction with a clear crypto framework, with more emphasis on security and privacy.
For those who are new to crypto trading, it is important to check the blockchain’s security and privacy of your chosen coin.
FUD on Solana Outage Subside
This year, Solana experienced a terrible network outage lasting for nearly 20 hours, resulting in a lot of bad press. FUD (fear, doubt, and uncertainty) quickly spread among SOL holders, which caused the coin’s price to go down.
However, Solana investors are starting to gain confidence as the coin’s NFT sales volume rose from $34.68K following the outage to $2.7 million after the community calmed down.
Solana operates using a PoS (proof-of-stake) consensus algorithm, helping keep the network secure and decentralised. Moreover, transaction fees are given to validators instead of miners. As a result, there is no need for mining operations, which is environmentally harmful to the environment.
Monero Transactions are Harder to Track
It has been said that Monero transactions are more challenging to trace compared to Bitcoin and other altcoins. Using a case study, cybersecurity author Andy Greenberg stated that Monero is a more suitable private way of accepting payments.
Monero transactions are harder to trace since they are hidden for people looking on the block explorer using only a Monero address. However, XMR transactions are not totally impossible to trace.
Meanwhile, InvestorsObserver sees a bullish rating in Monero’s chart using the Sentiment Score, which measures the coin’s performance by volume and price movement. As of March 13th, Monero traded at $148.30, seeing gains of 3.30% over the past 24 hours.
Dogetti Puts Family’s Security First
Dogetti is a new mafia dog-themed coin in the market, promoting a sense of belonging and developing trust among its community—the Dogetti Family. Hence, security is a priority for Don Eloni, the meme coin’s mascot.
According to the coin’s social media on Twitter, Don Eloni has requested for 4 audits, with one of them being successfully completed by SolidProof. The token has also been successfully audited by Soken, Coinsult, and Solidity Finance—all ensuring that this crypto coin is safe to invest in.
Other special features that Dogetti offers its family are DogettiDAO and DogettiNFTs. DogettiDAO encourages the family to be on top of the project, with every decision to be voted on by each member. These decisions include the organisation they choose to support using the funds in their charity wallet, future actions regarding the ecosystem, and so much more.
As for DogettiNFTs, DETI holders will be able to mint their own virtual Dogetti pet or companion. In the future, there is a huge possibility of investors collecting, buying, trading, and selling their NFTs, aside from breeding and growing them.
Dogetti is currently on their presale, offering their secret family code WISEGUY25 for a 25% bonus!
Find more information on Dogetti below:
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
