Symbol XMR
Price $287.71
Market Cap $4,535,419,902.15
24h Volume $37,331,600.00
Supply 15,763,366
24h % 4.81%


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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