Monero

Monero (; abbreviation: XMR) is a blockchain-based cryptocurrency which is private, untraceable, fungible, and decentralized.

AI overview

Monero is a digital currency that operates on blockchain technology and is designed to keep transactions private and untraceable, making it different from more transparent cryptocurrencies like Bitcoin. It matters because it prioritizes user privacy and financial anonymity in a way that many other cryptocurrencies do not, though this feature has also made it controversial due to potential misuse.

AI-generated from the Wikipedia summary — may contain errors.

Key facts

Cryptocurrency.currency_name: Monero
Cryptocurrency.image_1: Monero-Logo.svg
Cryptocurrency.plural: moneroj
Cryptocurrency.ticker_symbol: XMR
Cryptocurrency.code: XMR
Cryptocurrency.author: Nicolas van Saberhagen
Cryptocurrency.white_paper: "CryptoNote v 2.0"
Cryptocurrency.forked_from: Bytecoin
Cryptocurrency.latest_release_version: 0.18.4.6
Cryptocurrency.status: Active
Cryptocurrency.operating_system: Linux, Windows, macOS, Android, FreeBSD
Cryptocurrency.platforms: x86, x86-64, ARM, RISC-V
Cryptocurrency.source_model: FOSS
Cryptocurrency.license: MIT License
Cryptocurrency.timestamping: Proof-of-work
Cryptocurrency.hash_function: RandomX
Cryptocurrency.block_time: 2 minutes
Cryptocurrency.block_reward: XMR 0.6 ≥

via Wikipedia infobox

Source code

github.com →

Link to the source-code README · not written by Vinony

Wikidata facts

Instance of: decentralized autonomous organization
Named after: money
Based on: Cryptonote
Official website: getmonero.org

Show 17 more facts

software version identifier: 0.18.4.6
name in kana: モネロ
uses: ring signature
inception: 2014-04-18
source code repository URL: github.com/monero-project/monero
programmed in: C++
WordLift URL: data.thenextweb.com/tnw/entity/monero
web feed URL: getmonero.org/feed.xml
Commons category: Monero
operating system: macOS
Stack Exchange site URL: monero.stackexchange.com
social media followers: 290795
copyright license: 3-clause BSD License
data size: 224
Lemmy instance URL: monero.town
OpenStreetMap tag: payment=monero
IPA transcription: məˈnɛroʊ

Sources (10)

via Wikidata · CC0

~11 min read

Encyclopedic overview

12 sections

Contents

Background
Privacy
Transaction tracing research
Mining
Use
Darknet markets
Mining malware
Ransomware
Regulatory responses
See also
References
External links

Monero (; abbreviation: XMR) is a blockchain-based cryptocurrency which is private, untraceable, fungible, and decentralized.

The protocol is open source and based on CryptoNote v2, a concept described in a 2013 white paper authored by Nicolas van Saberhagen. Developers used this concept to design Monero, and deployed its mainnet in 2014. The Monero protocol includes various methods to obfuscate transaction details, though users can optionally share view keys for third-party auditing. Transactions are validated through a miner network running RandomX, a proof-of-work algorithm. The algorithm issues new coins to miners and was designed to be resistant against application-specific integrated circuit (ASIC) mining.

Excerpted from Wikipedia’s “Monero” article, available under the CC BY-SA 4.0 licence.

Monero

Key facts

Source code

Wikidata facts

Encyclopedic overview

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