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Monero (XMR)
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Rubius (RUBY) 1 days
Daily Volume 2 954,21 Hour trend 0.98 Daily Trend -0.7 Week Trend 2.47
Monero Summary information
Ticker Coin Name Price, $ Coin Turnover 24H Market Cap, Available supply Total supply
XMR Monero 96.706669633 ~197 301,51 1 579 628 712,00 16,334,227 (100%) 16,334,227

Project Description

Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. 

Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions.

Technical specifications

Ring Signature 

The Basics

In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine which of the group members' keys was used to produce the signature.

For instance, a ring signature could be used to provide an anonymous signature from "a high-ranking White House official", without revealing which official signed the message. Ring signatures are right for this application because the anonymity of a ring signature cannot be revoked, and because the group for a ring signature can be improvised (requires no prior setup).

 

Application to Monero

A ring signature makes use of your account keys and a number of public keys (also known as outputs) pulled from the blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a "ring" of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there are no fungibility issues with Monero given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent).

To read how Monero gives you privacy by default (unlinkability), see stealth addresses.

Project Features

  • Privacy (Untraceable payments, Unlinkable transactions)
    Monero daemon uses the original CryptoNote protocol except for the initial changes (as the block time and emission speed). The protocol itself is based on ring signatures (Daniel J. Bernstein's Curve25519 + Ed25519, Schnorr signatures on a Twisted Edwards curve) and stealth addresses. The end result is passive, decentralised mixing based on heavily-tested algorithms.
  • Decentralisation
    The smart mining[20] forthcoming feature will allow transparent CPU mining on the user's computer, far from the de facto centralization of mining farms and pool mining, pursuing Satoshi Nakamoto's original vision of a true p2p currency.
  • Scalability
    Monero has no hardcoded limit, which means it doesn't have a 1 MB block size limitation preventing scalability.

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Monero Latest Updates
July 07, 2018

Logs for the Community Meeting Held on 2018-07-07

Community highlights, Forum Funding System updates, Dutch translations discussion, Monero Outreach discussion, Outreach workgroup report, Monero Marketing workgorup (including r/MoneroMarketing potential transfer) report, and miscellaneous

From: Monero

June 28, 2018

Overview and Logs for the Kovri Dev Meeting Held on 2018-06-28

Discussion of the latest Kovri development updates and the alpha release

From: Monero

June 23, 2018

Logs for the Community Meeting Held on 2018-06-23

Community highlights, Community workgroup developments, Forum Funding System updates, Localization workgroup report, Outreach workgroup report, and miscellaneous

From: Monero

June 09, 2018

Logs for the Community Meeting Held on 2018-06-09

Community workgroup and meeting purpose, Community highlights, Forum Funding System updates, New community meeting/event calendar, Localization workgroup report, PR, O&E workgroup report, Malware response workgroup report, Meeting date/time discussion, open ideas, and miscellaneous

From: Monero

June 06, 2018

Overview and Logs for the Kovri Dev Meeting Held on 2018-06-07

Discussion of the latest Kovri development updates and the alpha release

From: Monero

May 28, 2018

Overview and Logs for the Kovri DefCon Meeting Held on 2018-05-29

Discussion of the Kovri table, materials and presentation at DefCon

From: Monero

May 27, 2018

Overview and Logs for the Kovri PR Meeting Held on 2018-05-28

Discussion of Kovri public relations

From: Monero

May 26, 2018

Logs for the Community Meeting Held on 2018-05-26

Community highlights, Forum Funding System updates, Localization workgroup Q&A, Core Team FFS funds reallocation discussion, and miscellaneous

From: Monero

May 12, 2018

Logs for the Community Meeting Held on 2018-05-12

Community highlights, Forum Funding System updates, Localization workgroup Q&A, open ideas, and miscellaneous

From: Monero

April 28, 2018

Logs for the Community Meeting Held on 2018-04-28

Community highlights, Forum Funding System updates, Localization workgroup Q&A, Monero Integrations, Monero QR GUI discussion, and miscellaneous

From: Monero

April 14, 2018

Logs for the Community Meeting Held on 2018-04-14

Community highlights, Forum Funding System updates, Localization workgroup, Important update for the community workgroup, and miscellaneous

From: Monero

March 31, 2018

Logs for the Community Meeting Held on 2018-03-31

Community highlights, Forum Funding System updates, RFC-HWALLET-1, Localization workgroup, RIAT Monero workgroup, and miscellaneous

From: Monero

March 28, 2018

Monero 0.12.0.0 "Lithium Luna" Release

A major update that is ready for the April 5th network upgrade

From: Monero

Response to "An Empirical Analysis of Traceability in the Monero Blockchain", Version 2

A response to Malte Möser, et al.

From: Monero

March 27, 2018

A Scheduled Network Upgrade is Planned for April 6

A scheduled network upgrade is planned for April 6. To be sufficiently prepared, please run CLI v0.12.0.0 or GUI v0.12.0.0

From: Monero

February 28, 2018

Core Team Announcement

Small elaboration on the Core Team's role and an announcement on its membership

From: Monero

February 18, 2018

Logs for the Monero Research Lab Meeting Held on 2018-02-19

Multisig (paper), chain split (e.g. MoneroV), anonymity set, auditing options, and miscellaneous

From: Monero

February 16, 2018

Logs for the Community Meeting Held on 2018-02-17

Community highlights, Forum Funding System updates, RFC-HWALLET-1, Localization workgroup, March HF, chain split discussion (e.g. MoneroV), and miscellaneous

From: Monero

February 11, 2018

Logs for the Monero Research Lab Meeting Held on 2018-02-12

Bulletproofs, auditing Bulletproofs, dedicated Monero conference, and miscellaneous

From: Monero

February 10, 2018

PoW change and key reuse

Monero will tweak Cryptonight, and how key reuse can compromise your privacy

From: monero

February 04, 2018

Logs for the Monero Research Lab Meeting Held on 2018-02-05

Bulletproofs, dedicated Monero conference, increasing minimum ring size, making ring size static, and miscellaneous

From: Monero

February 02, 2018

Logs for the Community Meeting Held on 2018-02-03

Community highlights, Monero Integrations, Monero outreach initiative, Forum Funding System updates, RFC-HWALLET-1, Localization workgroup, open ideas, and miscellaneous

From: Monero

January 28, 2018

Logs for the Monero Research Lab Meeting Held on 2018-01-29

MRL direction, ideas for research, and miscellaneous

From: monero

January 27, 2018

Overview and Logs for the Dev Meeting Held on 2018-01-28

Discussion of open PRs and issues, Bulletproofs, March HF, fees, Debian package, GUI update, and miscellaneous

From: monero

January 20, 2018

Logs for the Bulletproofs Meeting Held on 2018-01-21

Bulletproofs, fees, hardforks, and miscellaneous

From: monero

January 19, 2018

Logs for the Community Meeting Held on 2018-01-20

Community highlights, Forum Funding System updates, RFC-HWALLET-1, Kasisto, open ideas, and miscellaneous

From: monero

January 13, 2018

Logs for the Dev Meeting Held on 2018-01-14

Discussion of open PRs and issues, Bulletproofs, March HF, and miscellaneous

From: monero

January 11, 2018

Logs for the Hardware Firmware Meeting Held on 2018-01-12

Discussion of the firmware for the dedicated hardware wallet and a discussion of Ledger's approach

From: monero

January 05, 2018

Logs for the Community Meeting Held on 2018-01-06

Community highlights, Forum Funding System updates, RFC-HWALLET-1, Rehrar's Kovri proposal, Serhack's integrations, Fondajo, community materials, and miscellaneous

From: monero

January 04, 2018

Logs for the Hardware Meeting Held on 2018-01-05

Poll conducted, Reddit summaries, status report(s), conclusion of name search, highlights of 34C3 in Leipzig, etherpads for groups, test plan discussion, recent firmware & FPGA research, mechanical engineering, recent logo contributions, and miscellaneous

From: monero

December 22, 2017

Logs for the Community Meeting Held on 2017-12-23

Community highlights, Forum Funding System updates, RFC-HWALLET-1, Malware Response Workgroup, Forum Funding System donor flairs, and miscellaneous

From: monero

December 16, 2017

Overview and Logs for the Dev Meeting Held on 2017-12-17

Discussion of open PRs and issues, Bulletproofs, March HF, dedicated HW wallet, and miscellaneous

From: monero

December 10, 2017

A note on fees

From: monero

Logs for the Monero Research Lab Meeting Held on 2017-12-11

From: monero

December 08, 2017

Logs for the Community Meeting Held on 2017-12-09

From: monero

December 06, 2017

Monero Compatible Bulletproofs

From: monero

December 02, 2017

Overview and Logs for the Dev Meeting Held on 2017-12-03

From: monero

November 26, 2017

Logs for the Monero Research Lab Meeting Held on 2017-11-27

From: monero

November 24, 2017

Logs for the Community Meeting Held on 2017-11-25

From: monero

November 18, 2017

Overview and Logs for the Dev Meeting Held on 2017-11-19

From: monero

November 12, 2017

Workgroups and Resources

From: monero

Logs for the Monero Research Lab Meeting Held on 2017-11-13

From: monero

November 10, 2017

Logs for the Community Meeting Held on 2017-11-11

From: monero

November 04, 2017

Overview and Logs for the Dev Meeting Held on 2017-11-05

From: monero

October 29, 2017

Logs for the Monero Research Lab Meeting Held on 2017-10-30

From: monero

October 27, 2017

Logs for the Community Meeting Held on 2017-10-28

From: monero

October 26, 2017

Monero 0.11.1.0 "Helium Hydra" Release

From: monero

October 21, 2017

Overview and Logs for the Dev Meeting Held on 2017-10-22

From: monero

October 13, 2017

Logs for the Community Meeting Held on 2017-10-14

From: monero

October 05, 2017

Logs for the Kovri Dev Meeting Held on 2017-10-06

From: monero