Monero Price today is $147.49 - Monero exchanges, Monero Price prediction, market live

monero Monero (XMR)

$147.49
-5.52% (24H)
Watch
Market CapVolumeAvailable Supply
$2.67 B $178.80 M18.07 M XMR

Monero price today is $147.49, Monero price -5.52% down in 24h, Monero market cap is $2.67 B, Monero exchanges, Monero price prediction, price charts, market live

Monero coin is similar to Bitcoin but it is far safer, private and untraceable cryptocurrency.

Monero can be said as the more private version of Bitcoin.

Monero manages details of transactions in such a way that only sender and receiver can verify the transaction, while this information is not available to the third party.

That's how Monero differentiate itself from Bitcoin and other promising cryptocurrencies

Monero is completely crowd funded and donation based. Monero is based on the CryptoNote protocol algorithm.

This algorithm was invented to add multiple privacy features not seen in most cryptocurrencies.

For this, it uses a special technique called ring signatures, ring confidential transactions, and stealth addresses to secure the origin and destination of the transaction as well as the transaction amount.

Unlike Bitcoin where a transaction can be tracked.

This algorithm makes it nearly impossible to track any kind of processed transactions between addresses.

Neither the number of funds on an address can be determined.

 

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