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

Monero (XMR)

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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.

CC249 - Monero The Digital Cash Completely Private WOW!

12 hours ago 1 minute read 0 comments Chesatochi

⏰ Time Stamps ⏰ 00:00 Introduction00:52 The main page of Monero05:42 What is Monero09:52 Improving Monero13:20 Mining Monero14:16 Downloads16:50 Blog of Monero17:32 About Monero19:25 Roadmap Introduction of Monero It is a cool feeling to be your own...

Crypto Weekly Update #9 - 20/04/2021

21 Apr 2021 2 minute read 1 comment jag28

News: In the news this week, PayPal-owned Venmo launched their cryptocurrency trading platform, in conjunction with the Paxos Trust Company, a well reputable company in the space. Furthermore, Venmo also now holds a conditional "Bitlicense" from the...

The Rumor That Satoshi Nakamoto is The Creator of Monero

19 Apr 2021 1 minute read 2 comments Cryptopeach

Hello, Today I'm talking about something controversial, there are people that believe that Satoshi created Monero. This sounds like a conspiracy theory but like every theory it has some valid points. When Satoshi disappear from the web he said that h...

The only coin that MIGHT unseat Bitcoin: Monero

19 Apr 2021 3 minute read 1 comment Cryptolohy

Bitcoin is the number one coin within crypto since forever, it has the liquidity, the fans, the maximalists, and the corporations. At this point you might think that this trend will only continue, and personally, I think that's more than likely,...

XMR Miner Severe Threat on Windows PC

17 Apr 2021 1 minute read 0 comments Smiley314

4/17/2021: Today I learned that the XMR Cryptocurrency Miner is actually a Trojan Downloader. This is a severe threat as it is capable of downloading other unwanted and potentially dangerous applications. Many of these applications can have the abili...

Cryptowriter: The Last Gasps of GPU Mining - NOT!

14 Apr 2021 7 minute read 13 comments Thomas Wolf

Is GPU mining really dead with Ethereum in constant delay and alternative currencies that are still profitable to mine? “Renewable energy is a clear winner when it comes to boosting the economy and creating jobs.” ― Tom Steyer I recently wrote about...

Mine crypto from any computer

13 Apr 2021 1 minute read 5 comments tokyobitcoiner

If you want to try mining an easy way is to just download Cudo Miner. It's free and runs on MacOS, Windows and Linux and almost any computer, desktop or laptop.The company is UK-based and is legit. You can get payouts in BTC, ETH and these options!!!...

[HOWTO][MINING] Mining with CPU - XMR Mining

9 Apr 2021 1 minute read 0 comments crasherstaym

How so ? Is mining with a processor? Yes exactly. Wouldn't you like to turn a computer in your home or office into a money-saving system? Come so let's examine it together. Let's talk about the importance of the operating system you use first. The op...

NFTs Aren't Cool Anymore; Privacy is the Next Wave

7 Apr 2021 1 minute read 5 comments AlucardLife

I'm officially calling a local top on the NFT market. The tech will definitely bring a new utility to the crypto space, but it's time to scale back on your NFT plays, I think. I got out of a project that I've been in for months (with major gains) and...

Don't Forget About Privacy Coins

2 Apr 2021 3 minute read 3 comments AlucardLife

I know it's hard to keep up with all of the different things goin on in crypto, but there is one strategy you should never forget. No matter what else I'm doing, I'm always always always dollar cost averaging into privacy projects.  I'm not saying th...