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  • Name of channel

    Monero
    Cryptocurrency
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    Monero is a privacy-focused cryptocurrency released in 2014. It is an open-source protocol based on CryptoNote. It uses an obfuscated public ledger, meaning anyone can send or broadcast transactions, but no outside observer can tell the source, amount, or destination. A proof of work mechanism is used to issue new coins and incentivize miners to secure the network and validate transactions. Monero uses different privacy-enhancing technologies to achieve anonymity and fungibility. It has attracted users desiring privacy measures that are not provided in more popular cryptocurrencies. Website: www.getmonero.org
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