Monero
Monero is a privacy-focused cryptocurrency that uses advanced cryptographic techniques to ensure anonymous transactions. It hides sender, receiver, and transaction amounts by default, making it a top choice for users seeking true financial privacy. XMR cannot be tracked on a public ledger, which has led to both praise and regulatory scrutiny. It is widely regarded as the leading privacy coin.
| Monero | |
|---|---|
| Available on Coinbase (2024)? | No |
| Creator(s) | User known as "thankful_for_today" |
| Start year | 2014 |
| Decentralized score (out of 5) | 5/5: Fully Decentralized |
| Influences or central authority | None |
| Can be mined? | Yes |
| New issuance method | Proof of Work (PoW) |
| Maximum supply (in millions) | None; no fixed maximum |
| Percentage already issued (2024) | Not applicable |
| Key functions (other than transactions) | none |
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