About Monero

Monero is a privacy-focused, open-source cryptocurrency launched in 2014. Originating from a small online tech community, it has grown significantly over time, gaining credibility and market share. One of Monero's main features is that users can send and receive transactions without public data on the blockchain. Essentially, XMR acts as a tool to hide user data, making transactions more difficult to trace. Monero employs innovative technologies to achieve this privacy. For example, it uses Ring Signatures to mix the digital signatures of senders with others before recording on the blockchain, making it appear as if any signer could have sent the transaction. Over time, the number of signatures involved in mixing has increased, with a current standard of 11 signatures per transaction. Anot...