Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy, decentralization, and scalability that runs on Windows, MacOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
The focus on privacy has attracted illicit use by people interested in evading law enforcement. The egalitarian mining process made it viable to distribute the mining effort opening new funding avenues for both legitimate online publishers and malicious hackers who covertly embed the mining code into websites and apps.
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Summary
Type
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State
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Country
Worldwide
Founded
2014
Dlt Type
Blockchain
Exchanges
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Regulator
N/A
Blockchain
Own network
Product Stage
Completed
Blockchain Necessity
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OTC Index Position
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CoinMarketCap Position
13
Last ReportLast Report
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Token Appreciation
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Financial Summary
Price
$54.01
Fair value
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Market cap
$936,711,115
24H Change
-0.98%
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About project
Core team

Riccardo "fluffypony" Spagni
Core Developer

Francisco "ArticMine" Cabanas
Core Developer

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Core Developer

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Core Developer

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Community

Justin Ehrenhofer
Community

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Community
Advisors & CM
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