1985 cryptocurrencies
Total Market Cap $243,329,678,738
Total Volume 24h $526,359,035

Monero Monero

$52.16
-1.19 (-2.23%)

Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. 

Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions.

  • Privacy (Untraceable payments,¬†Unlinkable transactions)
    Monero daemon uses the original CryptoNote protocol except for the initial changes (as the block time and emission speed). The protocol itself is based on ring signatures (Daniel J. Bernstein's Curve25519 + Ed25519, Schnorr signatures on a Twisted Edwards curve) and stealth addresses. The end result is passive, decentralised mixing based on heavily-tested algorithms.
  • Decentralisation
    The smart mining[20] forthcoming feature will allow transparent CPU mining on the user's computer, far from the de facto centralization of mining farms and pool mining, pursuing Satoshi Nakamoto's original vision of a true p2p currency.
  • Scalability
    Monero has no hardcoded limit, which means it doesn't have a 1 MB block size limitation preventing scalability.
Visit website open_in_new
Market share 0.37%
Proof type PoW
Open $53.35
Low $51.94
High $54.18
Price in BTC 0.00638024862909 BTC
Current Supply 17,260,299 XMR
Market cap $900,297,191
24h Volume (coin) 8,708 XMR
24h Volume (currency) $462,165
Last updated 2019-10-16 03:30:05
Date Price Volume