What is Monero (XMR)?
What you need to know
Monero is the leading cryptocurrency with a focus on private and censorship-resistant transactions.
Most existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains, meaning that transactions are openly verifiable and traceable by anyone in the world. Furthermore, sending and receiving addresses for these transactions may potentially be linkable to a person's real-world identity.
Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts.
Encrypted lock
Classified document
Monero transactions are confidential and untraceable.
Every Monero transaction, by default, obfuscates sending and receiving addresses as well as transacted amounts. This always-on privacy means that every Monero user's activity enhances the privacy of all other users, unlike selectively transparent cryptocurrencies (e.g. Zcash).
Monero is fungible. By virtue of obfuscation, Monero cannot become tainted through participation in previous transactions. This means Monero will always be accepted without the risk of censorship.
Monero is a grassroots community attracting the world's best cryptocurrency researchers and engineering talent.
Over 500 developers have contributed to the Monero project, including 30 core developers. Forums and chat channels are welcoming and active.
Monero's Research Lab, Core Development Team and Community Developers are constantly pushing the frontier of what is possible with cryptocurrency privacy and security.
Academic growth
Electronic cash
Monero is electronic cash that allows fast, inexpensive payments to and from anywhere in the world.
There are no multi-day holding periods and no risk of fraudulent chargebacks. It is safe from ‘capital controls’ - these are measures that restrict the flow of traditional currencies, sometimes to an extreme degree, in countries experiencing economic instability.
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Every participant running a node within the bitcoin network independently verifies every transaction and every block; by doing so, each node aggregates its own independent version of the blockchain. Consensus is reached across the network because each node validates every transaction (and each block) based on a core set of rules (and the longest chain wins). If a node broadcasts a transaction or block that does not follow consensus rules, other nodes will reject it as invalid. It is through this function that bitcoin is able to dispose with the need for a central third-party; the network converges on the same consistent state of the chain without anyone trusting any other party. However, the currency plays an integral role in coordinating bitcoin’s consensus mechanism and ordering blocks which ultimately represents bitcoin’s full and valid transaction history (or its blockchain). символ bitcoin bitcoin орг Did you know?ethereum купить captcha bitcoin Tensions between software developers and their employers have spilled out of Silicon Valley and into mainstream news. 'This engineer’s lament is a microcosm of a larger trend sweeping across the Peninsula' of San Francisco, reported Vanity Fair in August of 2018:bitcoin crush проблемы bitcoin ethereum пул bitcoin сборщик bitcoin suisse moneypolo bitcoin escrow bitcoin monero price обналичить bitcoin кредиты bitcoin
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