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.

A Small Bug was Found in Monero (XMR) Recently! Details and More Inside

6 hours ago 3 minute read 0 comments Michael @ CryptoEQ

In July 2021 a bug with the ability to expose users’ transactions was discovered by U.S. software developer Justin Berman. The bug exists in Monero's decoy selection algorithm and enables users that spend newly received XMR within 20 minutes to be po...

Discreet Privacy Coin: A new project that seeks to be Monero with Smart Contracts

3 Aug 2021 1 minute read 0 comments Brokenomix Youtube

Discreet $DIS token is a project that caught my eye after I randomly came across the founder on Telegram and decided to check it out. Zach who made the bulk of this video is very much an advocate of privacy coins and the tech behind this one looks s...

The Crypto Taxman Commeth: Incoming US Regulation

3 Aug 2021 2 minute read 5 comments Bread

The latest US Government Infrastructure Bill, apart from costing a ridiculous $1 trillion dollars that the government will have to borrow from the Federal Reserve (who prints it out of thin air as usual), contains some bad news for crypto. I know, yo...

Monero XMR is for the crooks, just not the ones you imagined

2 Aug 2021 3 minute read 3 comments Codeinmy

Why They Say Privacy Coins Are Evil Al Capone doesn't need XMR. He has cash. Turning cash into crypto is a lot of work and can be expensive. Plus cash is already hard to trace. The crooks who need privacy coins are the ones on screen at presidential...

How to start CPU Mining Monero

23 Jul 2021 2 minute read 5 comments Cal_tv93

In this post i will help you setup mining with Prohashing. However i will only show how to setup CPU mining. I will be including links to other miners for GPU mining too. Its fairly easy but i will still show you step by step how to get started. Anyw...

Where And How To Buy Altcoins?

22 Jul 2021 4 minute read 0 comments StealthEX

In this article, you will learn how and where to buy altcoins. By the way, the best place is StealthEX. Check out types of altcoins and which altcoins to buy now. All this and much more in our new article. So let’s roll. What Is Altcoin? Altcoins are...

Crypto to look into for the Long Term

17 Jul 2021 3 minute read 2 comments Lukros76

Something I like to tell anyone that wants to get into crypto is that they should do it as if profits will only come after 10 years or so. Not because there are no profits in-between or because it's impossible to get gains from trading or other metho...

Monero Is Hiding In Plain Sight

14 Jul 2021 2 minute read 1 comment fizzlstout

While doing some personal research on Monero, I came across an interesting sticker they sell on their website and curiosity had me the designer in me wondering if their brand identity says the same. Let's look. Color Monero's primary color is a brig...

Navigate the Market: Finding the Best Exchange with a Crypto Exchange Aggregator

30 Jun 2021 4 minute read 0 comments Swapzone

As the hype around cryptocurrency exchanges has been increasing over the last couple of years, the community’s demand for the services is rising and their needs are changing, making crypto exchange providers go to all lengths. People nowadays require...

E&S: XMR, A Private Digital Currency

27 Jun 2021 2 minute read 5 comments MikeZillo

Hey Publish0x community! Welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. In this article we talk about more features of Monero! In the last E&S article I introduced you Monero (XMR) and I said that Monero...