Monero

Monero
Symbol XMR
Established 25.04.2014
Website URL Link
Block explorer Link
Off. announcement​ Link
Founder monero
Algorithm CPU mining, CryptoNight
Protocol POW
Reviews 0 / 0

Monero is a new cryptocurrency that cherishes privacy. It is based on the CryptoNote protocol. CryptoNote features an entirely new code base and is not a fork of Bitcoin.

Monero uses a cryptographically sound system for facilitating money transfers which aren’t shown on the blockchain. This means that your purchases, receipts and transfers remain private by default.

Taking advantage of Monero’s peer-to-peer consensus network, every transaction within the network is kept cryptographically secure. An individual wallet has a 24-word mnemonic code that is shown only once, and should be written down in order to backup the wallet. Wallet files are encrypted with passphrases that render them useless if stolen.

Thanks to the so-called “ring signatures”, all transactions have a certain optional degree of ambiguity that ensures that they can not easily be traced back to an individual or a computer.

With Monero, you are your own bank. You are the only one in control. Your transactions are kept private from prying eyes.

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    News and Tweets

    Below you can find news and recent tweets related to this cryptocurrency, obtained from various sources.

    Monero adoption rate still a worry for Monero team

    bitcoinwarrior, Wednesday, January 15, 2020 8:15 PM

    Monero’s Salazar: Education on privacy crucial to Monero making headway

    bitcoinwarrior, Sunday, January 5, 2020 1:32 PM

    Europol: Monero Payments Cannot be Traced

    bitcoinist, Monday, December 30, 2019 5:40 PM

    Europol: Monero Payments Cannot be Traced

    thebitcoinnews, Monday, December 30, 2019 5:40 PM

    Privacy-Focused Zcoin Launches Funding Project Similar to Monero CCS

    cointelegraph, Thursday, December 26, 2019 8:16 PM

    Ethereum, Bitcoin, Litecoin, and Monero giveaway X’mas scams arrive

    bitcoinwarrior, Thursday, December 26, 2019 12:34 PM

    Monero 2020: Monero privacy and ASIC mining battle is far from over

    bitcoinwarrior, Tuesday, December 24, 2019 6:40 PM
    news No tweets so far.