Do you know you can use Monero XMR wallet in TOR browser? If not, this article is for you. Today we will talk about why Should Monero (XMR) Owners Use Tor and whether Monero XMR wallet uses Tor. Let’s find out.
Does Monero XMR Wallet use Tor?
Yes, users can send and receive private and untraceable cryptocurrency through what claims to be the first Monero web wallet for the anonymous Tor network. On the Tor network, Monero (XMR) is the cryptocurrency of choice for many users. For advocates of a truly decentralized future and financial anonymity, this pairing has proven extremely popular in the community.
Why Should Monero (XMR) Owners Use Tor?
Online privacy is a big issue today, especially when there are more than 5 billion people online worldwide (Statista). Nobody wants entities, or worse, cybercriminals using their personal and financial data without their consent for their own ends. There are also risks in the cryptocurrency space. Since cryptocurrencies are digital cash, malicious individuals prey on owners and users.
Unsurprisingly, Monero users place a high value on online anonymity. Mainstream media portrays privacy coin owners as engaging in illegal activities, which is an unfair description. Some people simply don't want to leave a digital footprint in their online financial activities. Anonymous digital currencies are also crucial for those fleeing abusive environments or living in countries with authoritarian regimes. Just as you don't want strangers to know what's in your house, it's also online and encrypted.
The Onion Router or Tor is a free and open-source web browser that hides a user's internet activity. David Goldschlag, Mike Reed, and Paul Syverson of the US Naval Research Laboratory (NRL) came up with the idea of onion routing in the 1990s. It's clear that the internet lacks security and can be used to track and spy on people surfing the Internet. Onion routing enables privacy for those who use the internet. This is accomplished by routing internet traffic to multiple servers and encrypting it every step of the way.
I hope now you will understand why Should Monero (XMR) Owners Use Tor and whether Monero XMR wallet uses Tor. You just need to download Tor and run it like you would download Firefox or Chrome. It is available for Windows, macOS, Linux and Android. Once downloaded, you can visit websites available on the Tor network.
