Monero(XMR) is an open source cryptocurrency created in April 2014 that focuses on privacy, decentralization and scalability. Unlike many cryptocurrencies derived from bitcoin, Monero is based on the CryptoNote protocol and has significant algorithmic differences in blockchain fuzzification. Monero's modular code structure was appreciated by Wladimir J. van der Laan, one of the Bitcoin core maintainers. Monero is committed to being an irreplaceable electronic currency that can be replaced. Compared to Bitcoin and its forks, Monero has a higher degree of anonymity.
2. Basic Information
- Name: Monero
- Abbreviation: XMR
- Developer: Riccardo Spagni
- Core Algorithm: CryptoNight
- Issue Date: 2014-04-18
- Total Supply: 17,125,519
- Consensus Mechanism: PoW
- Currency Unit: XMR
3. Related Links
Official website: https://getmonero.org
White paper: github.com/monero-project/monero
Block explorer: http://moneroblocks.info/
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