Monero (XMR) Intro
Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.
Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.
Circulating Supply 17,347,857 XMR | Total Supply 17,347,857 XMR | Circulating supply ratio 100% | Turnover rate 447.51% |
Max Supply 17,125,519 XMR | Algorithm CryptoNight-V7 | Consensus Mechanism PoW | Project Start Date 2014-06-02 |
Trading Start Date 2014-04-18 | Online exchange number 68 | ||
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Roadmap
GUI port to android Subaddresses Multi-signatures (multisig) Kovri alpha release Additional MRL research papers Second-layer solutions for speed and scalability More efficient range proofs for RingCT to reduce transaction sizes |
