Monero (XMR) is a decentralized, open-source cryptocurrency launched in April 2014 as a fork of Bytecoin. Its primary mission is to provide a high level of privacy and anonymity for its users. Unlike transparent-ledger cryptocurrencies like Bitcoin, Monero's blockchain is intentionally opaque, obscuring transaction details such as the sender, receiver, and amount through advanced cryptographic techniques like Ring Signatures, Ring Confidential Transactions (RingCT), and Stealth Addresses. The project is not a traditional company; it is developed and maintained by a global community of contributors and researchers, many of whom are anonymous, with governance and funding managed through a community consensus model.

Founded in

Australia