Monero
#28
XMR
$170.79+0.63%
≈$170.79≈฿0.00294837
Today
Low:$169.39
High:$171.39
Yesterday
Low:$167.97
High:$171.56
Market information
Market Cap $3,150,522,531.14
Global Volume(24H)$50,989,176.16
All-Time Low$0.20336667
All-Time High$464.8
Initial Price$2.47
ROI 6814.58%
Circulating Supply 18,446,744 XMR
流通百分比 100.0000%
Max Supply 18,446,744 XMR
Total Supply 18,446,744 XMR
Price history
Information
Website https://www.getmonero.org/
Media Media
Explorer Explorer
Source Code https://github.com/monero-project/monero-site
Converter
XMR
USD
Project Introduction
Monero is a secure, secret and untraceable currency that is completely free and freely usable in the spirit of the original code.
Project Vision
One of the most private currencies in the industry in terms of transactions
Market Demand
Currently, cryptocurrencies in the market have poor privacy protection. Although the real identity of the trader is not shown on the public ledger, the wallet, amount and time of both parties can be found on the public ledger. Interested parties may be able to deduce the true identity of a trader based on the number of trades recorded in a public ledger, who trades with, and where their IP addresses are. Once your true identity is known, opening up your books shows everyone your bills, spending records, wealth, sources of funds, counterparties and so on. This creates a lot of security concerns, both financial and personal.
Solution
Using a technique called ring signature
Project Implementation Mechanism
Use a technique called "ring signature," which copies transactions to multiple users and makes them all appear valid. That makes it extremely difficult to trace the source of the currency.
Token Usage Scenarios
Mining, trading
Algorithm
Based on CryptoNote protocol PoW consensus (RandomX), this algorithm is designed to resist the centralization of mining pool.
Characteristic
1. Privacy 2. Distribution 3
Technical Characteristics
Ring signatures a type of ring digital signature assembled by the payer and other Signers of Monero. To authorize the transaction. However, only one transaction output is from the actual payer, and the rest are all old transaction outputs on the blockchain to create confusion and protect the payer's privacy. The instrument the payer actually uses to sign is the "one-time consumption key". It is worth noting that a "Key Image" is generated on each circular signature to prevent the same transaction output from being spent twice. Stealth addresses, or "one-time public keys," prevent the recipient's wallet address from being linked to the transaction. This public key will be recorded on the blockchain and used to prove that "control of the output Monero" has been transferred. Although the public key is recorded in the public ledger, everyone can see it, but only the two sides of the transaction know that they really have a transaction, outsiders are not able to know all the information about the transaction, including whether the money flow from Ming to Jin Xiaopang! 3. Ring trading can successfully conceal the transaction amount through financial Mask technology and Monero rule: total transaction output = total transaction input.
Project Highlights
1. Secure Menlo Coin is a decentralized cryptocurrency, meaning it is secure digital cash operated by a user's network. Transactions are confirmed by distributed consensus and then immutable records are made on the blockchain. Third parties don't need to be trusted to keep your Monero safe. 2. Private Menlo coins use ring signatures, ring secret transactions, and encrypted addresses to confuse the source, amount, and destination of all transactions. Monero offers all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions. By default, the send and receive addresses and the number of transactions are confused. Transactions on the Monero blockchain cannot be linked to a specific user or real identity. 4. Fungible Monero coins are fungible because they are private by default. Monero units cannot be blacklisted by suppliers or exchanges because of their association with previous transactions.
Market Commentary
1. Menlo coin is one of the famous anonymous coins. Through ring signature technology, it can achieve strong anonymity, especially in the dark net payment, accounting for a large proportion. The development of the project has always been adhering to the concept of decentralization, in order to achieve resistance to ASIC mining machine, even at many hard forks, resulting in large fluctuations in computing power, and ultimately derived a large number of forks, all claiming to be orthodox, sometimes in some small platforms, new users will even buy the wrong coins. 2. Anonymous Coin, which came out in 2014, enjoys a high reputation in the fields of hackers and dark web abroad, and is known as the king of anonymity. As for anonymous currency, I always insist that its excessive pursuit of freedom is against the political form and even a hotbed of crimes, so it is difficult to become the mainstream. XMR is not the first anonymous coin, but it is technically original and innovative. However, in the last year, Monroe also experienced several forking to combat the impact of ant mining power. Once forking, it is inevitable that the consensus will split, and if this phenomenon can not be completely solved, it may be a big hidden danger.
Project Risk
Code risk, susceptible to market conditions.
Pairs
Rank | Source | Pair | Price | 24h | Volume(24H) | Trading Percent | Updated | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
1 | Gate.io | 1 | Gate.io | XMR/USDT | 170.94 | 0.74% | $16,997,417.87 | 16.6954% | 2024-09-16 19:40:39 | ||
2 | KuCoin | 2 | KuCoin | XMR/USDT | 170.91 | 0.62% | $8,742,710.21 | 8.5873% | 2024-09-16 19:38:22 | ||
3 | MEXC | 3 | MEXC | XMR/USDT | 171.03 | 0.79% | $1,729,526.34 | 1.6988% | 2024-09-16 19:39:11 | ||
4 | Kraken | 4 | Kraken | XMR/USD | $171.09 | 0.65% | $1,172,851.3 | 1.1520% | 2024-09-16 19:41:22 | ||
5 | Kraken | 5 | Kraken | XMR/BTC | 0.00296000 | 4.26% | $648,854.7 | 0.6373% | 2024-09-16 19:40:52 | ||
6 | KuCoin | 6 | KuCoin | XMR/BTC | 0.00294900 | 3.98% | $629,108.03 | 0.6179% | 2024-09-16 19:37:16 | ||
7 | Kraken | 7 | Kraken | XMR/EUR | 153.94 | 0.36% | $506,815.79 | 0.4978% | 2024-09-16 19:41:22 | ||
8 | Bitfinex | 8 | Bitfinex | XMR/UST | 170.92 | 0.67% | $0 | 0.0000% | 2024-09-16 19:41:13 | ||
9 | KuCoin | 9 | KuCoin | XMR/ETH | 0.07463000 | 4.69% | $294,468.83 | 0.2892% | 2024-09-16 19:40:54 | ||
10 | Bitfinex | 10 | Bitfinex | XMR/USD | $171.43 | 0.66% | $269,776.2 | 0.2650% | 2024-09-16 19:40:53 | ||
11 | HitBTC | 11 | HitBTC | XMR/USDT | 171.02 | 0.66% | $213,486.19 | 0.2097% | 2024-09-16 19:40:28 | ||
12 | Gate.io | 12 | Gate.io | XMR/BTC | 0.00295100 | 4.28% | $125,995.46 | 0.1238% | 2024-09-16 19:41:13 |
Trading platform transaction information
Trading Percent
All Exchange
Exchange | Volume(24H) | Trading Percent | |||
---|---|---|---|---|---|
Bitfinex | Bitfinex | $327,238.58 | 0.6439% | Visit | |
Kraken | Kraken | $2,328,521.79 | 4.5819% | Visit | |
Gate.io | Gate.io | $17,123,413.33 | 33.6942% | Visit | |
KuCoin | KuCoin | $9,666,287.08 | 19.0206% | Visit | |
MEXC | MEXC | $1,729,526.34 | 3.4032% | Visit | |
HitBTC | HitBTC | $214,095.86 | 0.4213% | Visit | |
HTX | HTX | $2,528,168.34 | 4.9748% | Visit | |
WhiteBIT | WhiteBIT | $6,410,574.67 | 12.6143% | Visit | |
BigONE | BigONE | $113,516.05 | 0.2234% | Visit | |
XT.COM | XT.COM | $823,435.05 | 1.6203% | Visit | |
Indodax | Indodax | $2,684.88 | 0.0053% | Visit |