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Monero (XMR) - Secure, Private Untraceable Crypto Currency

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  • Monero (XMR) - Secure, Private Untraceable Crypto Currency

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    Most existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains, meaning that transactions are openly verifiable and traceable by anyone in the world. Furthermore, sending and receiving addresses for these transactions may potentially be linkable to a person's real-world identity.
    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. This always-on privacy means that every Monero user's activity enhances the privacy of all other users, unlike selectively transparent cryptocurrencies (e.g. Z-Cash).

    Community

    Facebook - https://www.facebook.com/monerocurrency

    Twitter - https://twitter.com/monerocurrency

    Reddit - https://www.reddit.com/r/Monero/

    Blog - https://getmonero.org/blog/


    Resources

    Github - https://github.com/monero-project/

    Wallet - https://getmonero.org/downloads/

    Block Explorer - https://xmrchain.net/

    https://moneroblocks.info/

    Market Capitalisation and Charts


    Coinmarketcap - https://coinmarketcap.com/currencies/monero/


    Specifications

    Ticker - XMR

    Algorithm – CryptoNight. Proof of Work

    Max Supply - Infinite. First, main curve: ~18.132 million coins by the end of May 2022. Then, tail curve: 0.6 XMR per 2-minute block, kicks in once main emission is done, translates to <1% inflation decreasing over time

    Block Reward - smoothly decreasing and subject to penalties for blocks greater than median size of the last 100 blocks (M100). Current value 5.05XMR
    Target Block Time – 2min

    Some of the exchanges in which coin is traded are below.

    Binance

    Livecoin

    Bittrex

    Bitfinex

    The complete list can be found from here

    Monero Markets
    Welcome to ADZbuzz!!
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