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.


Monero (XMR) Price Prediction 2020 - $141 Possible?

1 week ago 8 minute read CryptoChartWizard91 $4.84 tipped

Monero has witnessed a pretty depressing year during 2019 as the cryptocurrency plummetted by a total of 49% against Bitcoin from the yearly open and is only up by a total of 10% from the yearly opening price against the USD. Monero trades at around...

Cryptomining Malware Moves into Software Containers

5 days ago 1 minute read Matthew Rosenquist $1.36 tipped

Security researchers at Palo Alto Networks have discovered the Graboid worm that spreads through Docker software containers and mines Monero cryptocurrency for the attackers.  This is a new tactic and territory for crypto-mining worms.  It is the fi...

You'd rather not have your crypto balance in public? Meet these 5 privacy coins [A Guide To Monero, Zcash, PIVX, Dash and Deep Onion]

3 days ago 3 minute read DoRi $0.46 tipped

Image Source Governments, but also tech giants like Facebook and Google can easily take a look at your private life. They can find out where you've been, what you've done and which websites you visit. This has crept into society over the years, and w...

What Is Verge? - [A Comprehensive Guide to Understanding Verge]

2 weeks ago 6 minute read Mr.CryptoWiki $6.52 tipped

image source Verge is another privacy-focused cryptocurrency that offers anonymous transactions to its users. Unlike its competitors, Verge uses a different approach to achieve its goals. Verge is not utilizing the internet as we know it but rather...

Is Monero (XMR) a Good Investment? In-depth Analysis and Future Prospects (2020/2021)

2 weeks ago 8 minute read CryptoBoomer $8.77 tipped

  Monero is a community-driven privacy-oriented crypto-hawala that was launched in April 2014. It started off as a Bytecoin fork adopting the CryptoNight hashing algorithm for proof-of-work. Monero is also a practical implementation of the CryptoNot...

MONERO XMR

3 weeks ago 1 minute read Ulu_Olcayto $0.10 tipped

  What is Monero?    It would not be wrong to say that Monero is among the oldest altcoins. Monero began trading in May 2014, using a protocol called CryptoNote in its infrastructure. Monero is also mining based like many other crypto currencies. Ho...

XMR / USDT technical analysis [BINANCE]

14 Sep 2019 1 minute read MrBullishSail $1.53 tipped

XMR seen from the temporality of 1D we can observe the figure of a descending wedge, currently the price is moving with bullish impulse in search of a new test of the resistance of the same figure, we also have the resistance in horizontal locate...

XMR / USDT technical analysis [BINANCE]

6 Sep 2019 1 minute read MrBullishSail $1.55 tipped

XMR seen from the temporality of 1D we can see how the price has made a correct pullback recovery of the support located in the 70.95, the previous wing has found resistance at the base of the SHS, the horizontal I have traced in the 77, to get t...

Bitcoin getting blacklisted, @whale_alert teaming up with #BitcoinAbuse, $23 mill for AI to start tracing and locating

5 Sep 2019 1 minute read Spigfish $0.07 tipped

Coindesk reports:Crypto Sleuthing Firm Elliptic Raises $23 Million. Elliptic uses artificial intelligence and machine learning to trace and locate suspicious transactions on blockchains..Yet another argument for the need of private currencies, the ne...

Monero: A Step-by-Step Guide to XMR

21 Aug 2019 5 minute read MintDice $4.47 tipped

Monero (XMR) is a private decentralized digital currency that ensures the total anonymity of its users and the details of their transactions. It addresses the need to protect one’s identity when carrying out financial transactions and uses a series o...

Bakkt to add more crypto futures contract depending on what customers wants. Here's how you vote for your coin!

17 Aug 2019 1 minute read Spigfish $0.15 tipped

In interview information just came that Bakkt will add more crypto future contract's depending on what customers need, We just need to mail them with our request!Take a minute and send them your request! "We’ll consider additional contracts as the la...

Monero to become second biggest crypto ? Governments tracking down cryptocurrency users

14 Aug 2019 1 minute read Spigfish $0.55 tipped

Court orders Coinbase to leave out user information to IRS  SEC installing their own bitcoin nodes to be able to scan the blockchain and track movements of funds IRS sending out letters to cryptocurrency users expecting them to pay upEvery month we g...

Epstein co-conspirators are now in the aim of civil lawyers. With many of the suspects being millionaires, where will they hide their assets?

13 Aug 2019 1 minute read Spigfish $0.16 tipped

24 hours before Epstein was found dead in his cell 2000 pages of documents related to his case was released. The documents are said to contain names of people who enabled Epstein to proceed with his crimes. many these people are supposedly millionair...