Monero (XMR) is a new privacy-centric cryptocurrency based on the CryptoNote protocol.
Monero is competing directly with coins like Darkcoin, AnonCoin, and LibertyCoin in solving the problem of making digital cash transaction anonymous.
CryptoNote features an entirely new code base and is not a fork of Bitcoin.
CryptoNote uses Ring Signatures to conceal sender identities via mixing and it also has unlinkable transactions that is achieved using 1-time keys for each individual payments.
CryptoNote should not be confused with CoinJoin. Although they are both aiming to make digital transaction anonymous, they are two entirely different implementation.
Monero (XMR) Coin Market Cap and Now Price Value
(21 January 2018)
Monero (XMR) Coin Now Price
$371.74
-11.582%
MARKET CAPITALIZATION
$5,809,543,624.87
Monero (XMR) Coin Today Now Price Chart
MARKET CAP
$5,809,543,624.87
24H LOW / 24H HIGH
$365.2883 / $438.4226
24 HOUR TRADING VOLUME
$165,999,724.30
