Monero or XMR, is the open source Cryptocurrency launched in 2014. Considered as a secure, private and untraceable Cryptocurrency, this Coin utilizes extra security features thus offering completely untraceable feature unlike Bitcoin. Using a technique ‘Ring Singatures’, it conceals all sorts of transactions related aspects, like amount, origin and destinations, thus offering a complete privacy. Currently showing its presence at 13th place in the Cryptocurrency market cap, with the total market cap of $2,106,861,016, the price for each currently stands at $130.16.
- Rashid Hassan
- May 5, 2020
- Comments Off on Monero