CryptoIntermediate

Monero

a.k.a. XMR

A privacy-focused cryptocurrency that hides who sent what to whom, and how much.
In plain English

A privacy-focused cryptocurrency that hides who sent what to whom, and how much.

Monero (XMR) launched in 2014 with one obsession: privacy. On Bitcoin's blockchain, anyone can trace coins from address to address. Monero scrambles that trail by blending each payment with decoys, generating one-time addresses for receivers and hiding the amounts.

That makes it popular with people who want financial privacy, and unpopular with regulators worried about money laundering. Several exchanges have delisted it under that pressure, which can make it harder to buy and sell than coins of a similar size.

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