About Monero

“Bitcoin” has been a successful implementation of the concept of electronic p2p cash. Both professionals and the general public have come to value the convenient combination of public transactions and proof-of-work as a reliability model. However, the mining of Bitcoins is only reserved for very extensive and specialized networks, so that in some way a decentralized centralization is created.Monero, XMR, is built on the basis of the CryptoNote protocol and makes it possible to minate from any PC. Moreover, the block size is adaptive to the number of transactions in order to avoid delays.Every actor, with many or few coins, in the Monero network is the same.These 2 points show that it can be said that Monero is 100% decentralized.CryptoNote uses ring signatures to ensure the privacy of every transaction:Ring signatures: the identity of the sender (payer) of the transaction is completely private.Ring confidential transactions (RingCT): the amount of the transaction is completely declined.Stealth addresses: the identity of the recipient of the transaction is completely private.The XMR whitepaper was written by Nicolas van Saberhagen.

Geo Heatmap

Visualisation Monero against world fiat currencies.

Technical information

Start Date02 June 2014 (appr. 3 years)Hashing AlgorithmCryptoNight-V7Hash Rate/Block Time2 minHomepagehttps://getmonero.org/Blockchain / Supplyhttps://moneroblocks.info/Discussion Forumhttps://forum.getmonero.org/Availability / Total Supply16 Million / 18,4 Million

Google trends Monero

Actual coin data

Price history

Trades (Live)

Australia blockchain roadmap

Australia Announces National Blockchain Roadmap and Further Boost to Government Funding

Australia has unveiled a national blockchain strategy and roadmap, with a boost of AU$100,000 (~$71,200) in further funding from the federal government.
Satoshi Nakamoto bitcoin

Satoshi’s Pre-Release Bitcoin Code Contains Fascinating Findings

Cryptocurrency supporters have been discussing an early version of the original Bitcoin source code that surfaced this week. An old forum post and mailing
Shell blockchain

Oil and Gas Giant Shell Wants Blockchain Analysts

As short-term cryptocurrency traders gear up for bitcoin’s charge past $4,000 (as of press time), other long-term cryptocurrency investors are interested

How Ethereum Applications Earn A+ Security Ratings

More than 1.2 million ethereum applications have used a little-known security tool to help them avoid the costly errors arising from self-executing lines ...
Andrew Yang for President

Andrew Yang is the Bitcoin-Friendly U.S. 2020 Presidential Candidate

With the exception of Wyoming and a handful of other states, blockchain regulation in the U.S. has been disappointing at best. Yet, there may be a ray of ...
JPM coin

Why JP Morgan’s ‘Bitcoin Killer’ isn’t Even a Real Cryptocurrency

JP Morgan Chase, the largest bank in the United States by a long shot, shocked the financial community on Thursday by launching its own blockchain product.
Jamie Dimon

Newsflash: Bitcoin Basher Jamie Dimon & JP Morgan Just Launched Their Own Cryptocurrency

One of Wall Street’s fiercest bitcoin critics may have been playing us all along. JP Morgan Creates ‘JPM Coin’ Cryptocurrency JP Morgan, the gargantuan ...
Mining farm

Report Claims 85% of the Monero Network Dominated by ASIC Miners

Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols.