There
are features that best represent Monero which are: decentralized, Private and
Digital. It is decentralized because no one controls it. It is digital because
you can run it over the internet. It is private because no one can tell who you
are when you make a transaction. This means no one can tell who sent the
transaction, who you sent the transaction to and how much you sent. It is all
private, unlike with Bitcoin. Bitcoin and Monero are similar in that, they both
use prove of work algorithm to secure their network, they are both digital
currencies that have wallets. You store Monero inside Monero Core Wallet. They both have a transaction fee but that of
Monero is much less than that of Bitcoin.
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