Monero (XMR)

Monero (XMR) is a privacy-focused cryptocurrency that was launched in 2014. The aim of Monero is to provide users with a secure and private way to conduct transactions without the risk of their identities being revealed. It is built on a blockchain that is designed to keep transactions private, ensuring that the sender, receiver, and amount are all hidden. Monero also uses a unique mining algorithm that seeks to democratize the mining process, making it more accessible to individuals rather than large mining pools. Monero's privacy features and decentralized mining process have made it a popular cryptocurrency for those who value privacy and security in their transactions.