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Price $
Price BTC
Market Cap
Liquidity
Sharpe Ratio 30d
Volume 24h $
Telegram Hype
Monero

Monero

XMR
rank 12
$70
(1.9%)

B-

veryHappy
0.012 ₿
(-2.5%)
market cap
$1.2B
210 766.7 ₿
vol 24h
$195.2M
(87.6%)
34 720.4 ₿
99.7%
570.5%
$70
ATL
$0.22
ATH
$469.2
buy
Trade 300+ coins without creating an account on any exchange
website
Available Supply
16.9M
Max Supply
-
Total Supply
16.9M

Description for currency

Cryptocurrency Monero is a fork of another coin - Bytecoin. The separation network occured on April 18, 2014, and was due to the fact that 80% of Bytecoin cryptocurrency coins were issued in just 1.5 years, so the community decided to restart the coins with the name “BitMonero”.

The main idea of ​​this cryptocurrency is that nobody can not track transactions into the network (for example, as in Bitcoin), so Monero is considered anonymous cryptocurrency along with Dash and ZCash.

Almost immediately after Monero was launched, a serious hacker attack was made on it, but this only helped, because the developers were able to improve the cryptocurrency algorithm - CryptoNote. In the algorithm of this network, there is no restriction by the amount of coins, this was done so that the miners continue work for supported main network and receive a reward in Monero. Monero has no centralized organizations, the project is being developed by a group of ideological developers who initially did this as a hobby.

Currency type % Pie

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