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A to Z Full Forms and Acronyms

What is Monero ? | All about Monero in Short | Crypto Currency Monero

Jul 21, 2021 Monero, 156 Views
What is Monero ? | All about Monero in Short | Crypto Currency Monero

What is Monero ? | All about Monero in Short | Crypto Currency Monero

What is Monero?

Monero (XMR) is an open-source, privacy-oriented cryptocurrency. It is built and operates on the concept. These blockchains, forms the underlying technology behind digital currencies, and are public ledgers of participants' activities that will allow us to view all the transactions on the network. Monero is a digital currency that offers their users, a high level of anonymity for their transactions.

When was Monero invented Monero?

Monero was launched in 2014 as a fork of Bytecoin. Monero was created as a grassroots movement with no pre-mine and no VC Funding.

Importance of Monero?

Monero is a digital currency that offers their users, a high level of anonymity for their transactions. Like Bitcoin, Monero is a decentralized peer-to-peer cryptocurrency, but unlike Bitcoin, Monero is characterized as a more anonymous or privacy-oriented digital cash.

Future of Monero ?

Monero (XMR) is not just a cryptocurrency but it's also a great investment tool. The value of the crypto has risen by 8900%, throughout its existence. Many leading experts suggest including XMR in investment portfolios since it's one of the most reliable and confidential cryptocurrencies.

Monero Logo

File:Monero-Logo.svg - Wikimedia Commons

A to Z Full Forms and Acronyms