Symbol XMR
Price $44.93
Market Cap $666,407,918.63
24h Volume $9,877,620.00
Supply 14,831,477
24h % 0.05%


Monero is developed around an official slogan of "secure, private, untraceable". Transactions of the underlying currency - XMR - are fundamentally private & untraceable on the Monero blockchain by default using cryptography related to "ring signatures". Mining employs a proof of work algorithm used by CryptoNote (the protocol from which Monero is based on), the block size is dynamic, & block rewards smoothly decrease to a minimum to create a perpetually disinflationary supply.


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