Monero (XMR)

  • Market Cap: 765,610,112.00
  • Available Supply: 16,726,596.00

  • Last Price: 45.8392
  • Total Supply: 16,726,596.00

Monero is designed for security, privacy and touted to be untraceable. It is open-source and puts ownership of the currency in its users' hands. Unlike Bitcoin and Ethereum, which have transparent blockchains, Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts. Every Monero transaction, by default, obfuscates sending and receiving addresses as well as transacted amounts. Monero is fungible. This means Monero will always be accepted without the risk of censorship. Monero is not a corporation. It is developed by cryptography and distributed systems experts from all over the world that donate their time or are funded by community donations. This means that Monero can't be shut down by any one country and is not constrained by any particular legal jurisdiction.

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