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This wallet utilizes private ring transactions, stealth addresses, and ring signatures to consolidate the amounts, sources, and the intended target of the transactions. Still, the background and android app is labeled sweet spot due to its stunning features and tight security on its web page. Main features of MyMonero. Lightweight.
All of this is in addition to the macro challenges that Israeli startups had to deal with in 2023 even before October 7th, including international investor unease due to the proposed judicial reform (that has since been taken off the table), Ukraine war, global venture slowdown ( US VC investments were down 60% in 2023 ), etc.
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