hide information about the sender, using a technique where a group of users sign the transaction. Instead of using real world identities as banks do, Bitcoin uses addresses to make transactions possible between wallets. When it comes to upgrading the protocol, for Monero a hard fork just means new features and bug fixing, making upgrading a breeze. Then came, monero private by default with untraceable transactions. Note : Bitcoin has surpassed the market cap of General Electric, which was once the largest company in the world and is currently level with Coca-Cola. Bitcoin is the first example of a cryptocurrency and it had a lot more time to build out its network. Bitcoin is pseudonymous rather than truly anonymous, which means that users can transact without providing their identities. Although users can make transactions without attaching their personal identity, it is now widely known that the Bitcoin blockchain is being data mined by blockchain analysis companies. It has an adaptive block size, its own codebase and only you control and are responsible for your funds, your accounts and transactions are kept private from prying eyes. Monero is now establishing itself as the coin of choice for people that want privacy in their transactions or that want to use Dark Markets.
Bitcoin vs monero