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.


Increase CryptoTab Mining Power with Cloud Boost

27 May 2020 1 minute read 0 comments Crypto Rookie

New Feature of CryptoTab The develpoers of CryptoTab Browser have come up with something new again.After the Update of the Browser you should be able to activate the "cloud boost" feature.   Cloud Boost subscription However, this service requires a...

How to mine crypto with botfarms and is it worth it?

27 May 2020 1 minute read 0 comments 777yeet

For this example, we will be using a Amazon AWS free tier Microsoft Windows Server 2019 Base with 1 vCPU running XMRig non-stop for a week.  Requirements: a computer XMRig Monero mining software A Amazon AWS account (requires credit card) Luck. Hop...

Privacy Coin Weekly Recap: Monero, Dash & Zcash performance

24 May 2020 2 minute read 6 comments Cryptonite

  Hello everyone, today I want to make a recap of the top 3 privacy coin, privacy is always a big concern for everyone in crypto world but also in everyday life. In this post I will touch all the 3 main coins of this category in a brief review, this...

Cryptocurrency Updates - 24/05/2020

24 May 2020 1 minute read 0 comments Gamer boy1110

      Binance Mobile Apps Updates for iOS & Android Binance released iOS App Version 2.12.0 Android app version 1.22.3 Details:   Monero (XMR) Released GUI Version 0.16.0.0   Update Nitrogen Nebula, GUI   Update here:         Tezos Development AMA...

Why Monero (XMR) is the future Bitcoin 🚀

23 May 2020 1 minute read 0 comments FatherFreedom

CRYPTOCryptocurrencies allow quick, low cost payments to and from just about anywhere in the entire world. With crypto there are no wire money transfers or costly clearing fees, and there are certainly no several day, long periods of waiting time. Th...

Price analysis 22, May Bitcoin SV, EOS, Ethereum classic, Tron and Monero.

22 May 2020 1 minute read 0 comments haidernasir

Bitcoin SV, EOS, tron, monero and ethereum classic is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin SV/USD Bitcoin SV is at $192.07 at 7:45 PM GMT, with a loss of -4.80% in its price in the previous 24 hours. Bitcoin SV with...

Price analysis 21, May Bitcoin SV, EOS, Ethereum classic, Tron and Monero.

21 May 2020 1 minute read 0 comments haidernasir

Bitcoin SV, EOS, tron, monero and ethereum classic is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin SV/USD Bitcoin SV is at $192.07 at 7:45 PM GMT, with a loss of -4.80% in its price in the previous 24 hours. Bitcoin SV with...

ONLINE MINING SITES THAT GENUINELY PAYS - PART 2 (Screenshot Added)

20 May 2020 1 minute read 0 comments Khan Fahad

1. MINING UP - LINK This is best site for mining, you dont have to invest any money or funds to replenish, you will get a bonus contract of 50 Gh/s I.e 10$ worth, but there is a catch, you cant withdraw your bonus mining earnings until you buy anothe...

HTC made it possible to extract the Monero cryptocurrency through the Exodus blockchain

19 May 2020 1 minute read 0 comments Queen CZ🍒

According to a statement released t by HTC, a well-known mobile phone maker, users can use the Exodus blockchain to extract Ramzarz Monero (XMR). According to the announcement, thanks to a partnership with Midas Labs, which designs ASIC chips, Taiwan...

Bithumb will delist Monero (XMR) following Sex Scandal.

16 May 2020 1 minute read 2 comments alberdioni8406

Bithumb crypto exchange will delist Monero (XMR) following Sex Scandal in June 1st, 2019. The crypto exchange based in South Korea will take the same way Huobi China did and delist the privacy coin and help also the authorities track and arrest the s...