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Additionally, the concept of atomic swaps is also gaining traction as solutions for decentralized cryptocurrency exchanges. These swaps enable cross-blockchain transactions without the need for intermediary exchanges, laying the groundwork for a future where users can transact in privacy without fear of regulation or censorship.

Embracing Direct Transactions

While centralized exchanges have shaped the market, they have also influenced how cryptocurrencies are perceived—moving from a medium of exchange to an asset to be traded. Monero, however, was designed as a currency from the outset, revealing a more decentralized use case that emphasizes real-world transactions.