Monero

CryptocurrencyDigital2014
OriginGlobal
First Minted2014
MaterialDigital
TypeCryptocurrency

About Monero

The leading privacy focused cryptocurrency. Monero uses ring signatures, stealth addresses, and confidential transactions to obscure sender, receiver, and amount. Unlike Bitcoin, Monero transactions cannot be traced on the public ledger. This privacy has made Monero popular for legitimate privacy advocates and criminal enterprises alike. Several exchanges have delisted Monero due to regulatory pressure. Monero uses a proof of work algorithm called RandomX that is optimized for CPU mining, making ASIC mining impractical.

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