What is Monero (XMR)? Things to Know Before Trading Monero

What is Monero? Monero, formerly known as BitMonero, is an open-source, cryptocurrency launched in April 2014, which focuses on transactional privacy. The developers behind this innovative digital asset did not reserve any for themselves, relying solely on donations and its community to fund the development. Ring Signatures and Mixing Addresses Monero makes use of ring signatures …