Monero is a privacy-focused, open-source, decentralized cryptocurrency launched in April 2014. The name is Esperanto for "coin." It is based on the CryptoNote protocol and is not a fork of Bitcoin. Monero is the only major cryptocurrency where all transactions are private by.
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Monero is a privacy-focused, open-source, decentralized cryptocurrency launched in April 2014. The name is Esperanto for "coin." It is based on the CryptoNote protocol and is not a fork of Bitcoin. Monero is the only major cryptocurrency where all transactions are private by.
Short answer — Monero is a privacy-focused, open-source, decentralized cryptocurrency launched in April 2014. The name is Esperanto for "coin." It is based on the CryptoNote protocol and is not a fork of Bitcoin. Monero is the only major cryptocurrency where all transactions are private by. Answered
About
About — Monero is a privacy-focused, open-source, decentralized cryptocurrency launched in April 2014. The name is Esperanto for "coin." It is based on the CryptoNote protocol and is not a fork of Bitcoin. Monero is the only major cryptocurrency where all transactions are private by default. The sender, receiver, and amount are hidden on every transaction using ring signatures, stealth addresses, and RingCT. There is no opt-in or opt-out -- privacy is enforced at the protocol level. No company or fou...
Community & Development
Community & Development — Monero has no company, CEO, or foundation. Development is organized through open workgroups: - Monero Research Lab (MRL) -- protocol research and cryptographic improvements. - Seraphis Wallet Workgroup -- next-generation wallet implementation. - Development Workgroup -- CLI/GUI wallet and daemon development. - Community Workgroup -- non-technical community coordination. - Localization Workgroup -- translations (13+ languages). - Monero Policy Working Group -- regulatory engagement. Funding co...
Frequently Asked Questions
Frequently Asked Questions — Monero is a privacy-focused cryptocurrency launched in 2014 based on the CryptoNote protocol (not a Bitcoin fork). The key difference: Bitcoin has a transparent blockchain where all transactions are publicly visible. Monero hides the sender, receiver, and amount on every transaction by default using ring signatures, stealth addresses, and RingCT. This makes Monero fungible -- every XMR is identical regardless of its transaction history, unlike Bitcoin where coins can be traced and flagged. Mo...
How Monero Privacy Works
How Monero Privacy Works — Ring Signatures -- When you spend XMR, your transaction output is mixed with decoy outputs from the blockchain. Currently 16 ring members are included (increased from 11 in the April 2025 hard fork). An outside observer sees 16 equally valid possible senders. A unique key image per spend prevents double-spending without revealing the actual signer. Stealth Addresses -- Each Monero account has a private view key, a private spend key, and a public address. Senders create a random one-time addre...
Market Data (as Of March 17, 2026)
Market Data (as Of March 17, 2026) — Monero hit its all-time high of $797.73 on January 14, 2026. Year-to-date, XMR has declined approximately 14% from its January peak, roughly in line with Bitcoin's year-to-date performance. Over the past 30 days, XMR has gained approximately 12%. Monero's 24-hour trading volume of ~$103 million reflects activity across centralized exchanges (Kraken, Bitfinex), decentralized platforms (Haveno, Bisq), and instant swappers. Note that privacy coin volumes on centralized exchanges understate actua...
Mining
Mining — Monero uses RandomX, an ASIC-resistant proof-of-work algorithm optimized for consumer CPUs. No specialized hardware is needed -- anyone with a standard computer can mine XMR. - Block reward: 0.6 XMR per block (tail emission, started June 9, 2022). This creates ~157,680 XMR/year, less than 1% inflation that trends toward 0% over time. - Block time: ~2 minutes. - Software: XMRig is the most popular mining software. - Pool options: P2Pool (decentralized, no central pool operator). Traditional po...
Recent Updates
Recent Updates — March 2026 -- Hard Fork (Ring Size Increase) Stricter minimum ring sizes, enhanced signature generation efficiency, compression techniques reducing average transaction size. Counters evolving statistical attacks on ring signatures. April 2025 -- v0.18.4.0 "Fluorine Fermi" Hard Fork Ring size increased from 11 to 16. Wallet sync times reduced by 30%. Transitioned to Bulletproofs+ algorithm. Security patches and multisig fixes. October 2025 -- v0.18.4.3 Spy Node Defense Improved peer selection...
Wallets
Wallets — Official Monero Project Wallets - GUI Wallet v0.18.4.7 "Fluorine Fermi" -- Windows, macOS (Intel + ARM), Linux. Simple and advanced modes, hardware wallet support, 30+ languages, blockchain pruning. Download from getmonero.org. - CLI Wallet v0.18.4.6 -- Windows, macOS, Linux, Android, FreeBSD. For developers and advanced users. Mobile Wallets (non-custodial, open-source) - Cake Wallet (iOS, Android) -- multi-coin wallet with built-in exchange and Cake Pay (spend crypto at ~150,000 merchants)....
Where To Buy Monero
Where To Buy Monero — Built-in Wallet Exchange - Cake Wallet / Monero.com -- swap BTC, ETH, LTC, USDT and more to XMR directly in the wallet. No account or limits required. Buy with credit/debit card (country-dependent). Centralized Exchanges - Kraken, Bitfinex, DV Chain. Supports fiat pairs (USD, EUR, CAD). Note: Monero has been delisted from some exchanges (Binance, OKX) due to regulatory pressure on privacy coins. Decentralized / Peer-to-Peer - Haveno -- decentralized P2P exchange built around Monero, uses mult...
Key facts
Key facts pulled out of the legacy artist profile.
Official website — https://getmonero.org official
Official links
Links preserved from the legacy profile.
Official website — https://getmonero.org official
Official link — https://x.com/monero official
Official link — https://reddit.com/r/Monero official
Official link — https://telegram.me/monero official
Official link — https://discord.gg/SyGUMWBqvF official
Official link — https://www.facebook.com/monerocurrency/ official
Official link — https://github.com/monero-project official
Official link — https://monero.stackexchange.com/ official
Official link — https://monero.com official
Related questions
What is Monero (XMR), and what does it offer?
Monero is a privacy-focused, open-source, decentralized cryptocurrency launched in April 2014. The name is Esperanto for "coin." It is based on the CryptoNote protocol and is not a fork of Bitcoin. Monero is the only major cryptocurrency where all transactions are private by.