Monero has been used and proven for over a decade.
No one wants to switch to some unknown tech with an unknown development team.
Monero has been used and proven for over a decade.
No one wants to switch to some unknown tech with an unknown development team.
The latter is arguably the more important of the two.
I remember a scare some years back around a Monero developer that turned out to be a nothingburger, but it goes to show how important it is that the core development team is trustworthy, or at least sticks to their beliefs and don't capitulate to third-parties (whether public or private in nature).
Monero is the one coin I can confidently say I trust the core developers on, it's had a strong history of making the right decisions where it counts in my opinion (breaking ASICs w/the monero-classic situation, making the official client default to downloading the entire chain, etc)
How much of the Monero development team is actually known? Last I checked some of their core team were anonymous but that might have changed
known as in have a proven reputation / track record.
Proven but pseudonymous, like Satoshi was.
Adopted and used first by darkweb pot dealers, like Bitcoin was.
Price supressed by government and banking hostility, like Bitcoin was.