Monero is a freely available, secure, untraceable currency that uses Cryptonight algorithm. The currency is based on proof-of-work and there are slight variations in block rewards. Thanks to ring signatures, no one can see your balance on the blockchain, which is one of the main differences between Monero and Bitcoin, along with the absence of block size limit.
It is the only cryptocurrency featured on StackExchange, apart from Bitcoin and Ether. Given that Monero is based on a novel protocol, it shows great potential as a hedge against Bitcoin and is attractive to users who seek privacy.
Monero Exchange Rates
With our additional Monero resources, the freshest information on this popular coin is just a click away. Whether you are looking to get better acquainted with the way Monero works or you want to get a glimpse into the future of this cryptocurrency, you can quickly find all the details you may need with the Monero resources available below.