Monero (XMR) news, price prediction, opinion and analysis created by users.

Monero (XMR)

299 Articles 44 Followers

Monero (XMR) is a privacy-focused cryptocurrency made by Riccardo Spagni (AKA FluffyPony), David Lotapie and 5 other anonymous developers in April 2014. It is a decentralized open-source blockchain network that makes all transaction details on the blockchain opaque, making transaction details untraceable and private.

In a world where we have no idea who is using our data and for what purpose, it is important to keep the privacy of our finances at the forefront of our mind. Monero intends to help keep finances and payments private as this will become paramount as our right to privacy continues to erode. 

Forked from Bytecoin in 2014, Monero seeks to create a fully anonymous cryptocurrency in which users can send value to each other without the ability to be traced as it disguises identities and transaction amounts to the public. Monero uses a suite of privacy technology to achieve the high level of privacy they have currently reached. 

The first privacy technology they use are Ring Signatures which help to conceal the identity of the sender from other parties in the group (or the “ring”). Using Ring Signatures helps to hide the user’s identity because parties in the ring do not know who signed the original transaction. The second privacy feature that Monero have implemented are Stealth Addresses which are one-time-use addresses created for each transaction on behalf of the recipient. Therefore, Stealth Addresses help to conceal the receiver’s identity. The last privacy technology used by Monero, only implemented in January 2017, is RingCTs (Ring Confidential Transactions). RingCTs help to hide the transaction amount in the details. These three privacy features combined help to bring anonymity to the cryptocurrency industry and wider world.

In this tag you can discover Monero (XMR) news, price prediction, opinion and analysis created by users.


Russia: Authority tells Monero and Dash to fight

12 Aug 2020 1 minute read 0 comments SylarHeisenberg

Russian authorities are apparently a thorn in the side of Privacy Coins. Now a new program is to be launched that aims to "significantly reduce" the anonymity of certain transactions. According to a report by the Russian news service RBC, the Russian...

Ways for keeping cpu/gpu mining profitable

9 Aug 2020 1 minute read 4 comments yanis

Some cryptocurrencies like monero or ethereum allows CPU/GPU miners to stay profitable. But, how is it made ?   Algorithm change An ASIC is made for only one algorithm (a sha256 asic cannot compute scrypt), so algo changes make last-gen ASICs unusabl...

Monero Blocks - XMR Block Explorer | Crypto Wallets Info

9 Aug 2020 2 minute read 0 comments Crypto wallets info

  Monero Blocks - XMR block explorer. in this video i am giving to information about Monero Block Explorer. you cancheck your all transaction with your Public ID, Hash Id, Monero is a cryptocurrency that Show transactions. That means the sender, rec...

How to Create Monero Wallet | Monero Wallet, XMR | Crypto Wallets Info

9 Aug 2020 3 minute read 0 comments Crypto wallets info

  How to Create Monero Wallet. MONERO Private Digital Currency Monero is a secure, private, and untraceable cryptocurrency. It is open-source and accessible to all. With Monero, you are your own bank. Only you control and are responsible for your fu...

How To Make Monero Address Book | Crypto Wallets Info

9 Aug 2020 2 minute read 0 comments Crypto wallets info

  How To Make Monero Address Book. This is makes it easier to send or receive Monero and Reduces error when typing in addresses muanually. and save your most used addresses. Monero is a secure, private, and untraceable cryptocurrency. It is open-sou...

How To Change Monero App Password | Crypto Wallets Info

9 Aug 2020 2 minute read 0 comments Crypto wallets info

  How To Change Monero App Password. CLI: The new version (v0.11.0.0 at the time of writing) has an option to change your password. Simply type password and it'll provide you with an option to change your password. As a general remark, you can type...

How To Send Receive Monero Coin | Monero Crypto Currency

9 Aug 2020 3 minute read 0 comments Crypto wallets info

  How To Send Receive Monero Coin. If someone has given you their Monero address, also known as their "public address" or "wallet address", you can send funds to them using the "Send" button. All you need to do is enter a Monero amount, enter their...

Price analysis 8, August EOS, cardano, stellar and monero

8 Aug 2020 1 minute read 0 comments haidernasir

Monero is on a uptrend, while, EOS, Cardano and stellar is on a downtrend. Here a price analysis of four cyptocurrencies. EOS/USD EOS is at $3.05 at 03:29 PM GMT, with a loss of -0.64% in its price in the previous 24 hours, EOS with its 24 hours high...

How To Create Monero Multiple Accounts | Monero GUI Wallet

7 Aug 2020 2 minute read 0 comments Crypto wallets info

  How To Create Monero Multiple Accounts. The multiple accounts feature is currently only available in monero-wallet-cli. The GUI does allow for a user to generate and subsequently use multiple subaddresses though (confined to the same account for n...

How To Import Monero Paper Wallet | Crypto Wallets Info

7 Aug 2020 3 minute read 0 comments Crypto wallets info

  How To Import Monero Paper Wallet. when you restore it in a GUI/any live method its not a cold wallet anymore. So be very extra careful that the computer you are working has an anti-virus and you are positively sure that it is clean from malwares/...