Good question, according to https://tradebrains.in/features/whats-the-difference-between-bitcoin-and-monero/ the differences between bitcoin and monero are many, but first it is worth understanding that the main difference between the two lies in the area of privacy. Bitcoin, although decentralized, is not anonymous, meaning that all transactions can be tracked through the public blockchain. This means that although transaction information is stored online, the addresses and payment amounts can be viewed by every user. This is important if you want to use cryptocurrency for investment, but when it comes to the private and anonymous transfer of funds, this is where bitcoin starts to lose out. Unlike bitcoin, monero (XMR) uses completely different technology to ensure privacy. It is a cryptocurrency focused on complete anonymity and hiding transaction information. It utilizes Ring Signatures, RingCT (Ring Confidential Transactions) and Stealth Addresses. These technologies allow you to hide not only the amount of the transfer, but also its sender and recipient. For example, when you send a monero, the recipient cannot know who sent the funds, and the sender cannot see who received them. Moreover, all transactions on the Monero network are completely hidden and cannot be traced. An important point is that Monero does not use public addresses or blocks, as in the case of bitcoin. Each user has a “hidden address” that is created for each transaction, making it difficult to track transaction history.
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