Monero xmr

Monero monero|c|xmr is a blockchain-primarily focused on privacy. While blockchains like Bitcoin have their transactions public, Monero obfuscates it, making it impossible to see the source, amount, or destination

Monero was created in 2014 by seven anonymous developers. There are rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin

1. Monero uses advanced concepts such as “ring signatures” to hide transactions from the blockchain. It can also hide how much money there is in a public wallet address. 2. Monero is like Bitcoin, but transaction activity is kept private1. Monero is decentralized, which means that no individual, group, or entity is solely in charge of managing the coin. 2. Monero coin was built from scratch to build anonymity into the protocol of the currency. This means that any unscrupulous individuals or groups cannot hack or steal Monero in the same ways that can be done to even the most popular cryptocurrencies