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#Monero in 2023 – A New Beginning ☀️

This short thread focuses on various metrics, bringing to light the possibilities of where Monero may be headed in 2023 and beyond. Buckle up! 🧵

1/n
Over the past 12 months, #XMR has been the best-performing cryptocurrency when compared to other major crypto assets. #Monero is down ~23% while most others are down over 60%.

2/n
Over the past 12 months, #XMR dominance has approximately doubled.

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Read 24 tweets
1/ Get ready for the #Monerorun tomorrow by reading up and taking control of your $XMR:

localmonero.co/knowledge/hold…

Here are some excellent wallets depending on your preference to start using today 👇
2/ First off, no matter what wallet you use *save your seed*!!!

Always do so in multiple locations, in ways that you can find and recover, and inform your family or loved ones of how to recover funds as well, just in case.
3/ The first wallet recommendation is @cakewallet (or @MoneroCom), both of which are very simple to use and beautiful, work on both Android and iOS, and have native exchange functionality.

I personally use @MoneroCom.

More at cakewallet.com and monero.com:
Read 7 tweets
RandomX was created to prevent ASICs from dominating mining of #Monero, and has proven to be the longest-lived ASIC-resistant mining algorithm ever implemented, preventing ASICs on the Monero network for 2y and counting.

RandomX is key to the mining decentralization of Monero.
Unlike other "resistant" algorithms, RandomX was built from the ground up to serve this exact purpose by people with decades of computing experience.

We're immensely grateful for the innovation and incredible work by @hyc_symas, sech1, tevador, and other contributors.
@hyc_symas To learn more about RandomX, check out the following two helpful resources:

- monerooutreach.org/stories/Random… by @xmroutreach
- localmonero.co/knowledge/mone… by @LocalMoneroCo
Read 4 tweets

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