What is Monero XMR? A Detailed Guide to How It Works (2024)

What is Monero XMR? A Detailed Guide to How It Works (2024)

What Is Monero (XMR)? Monero (XMR) is a cryptocurrency that launched in 2014. It is an open-source, privacy-oriented cryptocurrency that is built using blockchain technology. Monero is known for its opaque blockchain, which makes transaction details and the amount of every transaction anonymous by disguising the addresses used by participants. Key Takeaways One of Monero’s…