Kryptopriser -Origin LGNS
lgns
Origin LGNS
NOK 18.67
NOK 17.34NOK 19.45
24h: -3.43%7d: -30.38%30d: -51.55%1y: -90.05%
NOK 18.67
Monero (XMR) is an open-source cryptocurrency launched in April 2014, focusing on privacy and fungibility. It utilizes a technology called ring signatures and stealth addresses to obscure transaction details, aiming to provide a high degree of anonymity for its users.
Due to its privacy-centric design, all units of Monero are considered equal and interchangeable. This means that the transaction history of individual units cannot be used to devalue them, unlike some other cryptocurrencies where traceable coins might be blacklisted.
Monero has a dynamic block reward that gradually decreases over time, eventually reaching a tail emission of 0.6 XMR per block. This ensures a continuous incentive for miners to secure the network. It uses a proof-of-work consensus mechanism designed to be ASIC-resistant, promoting more decentralized mining through general-purpose CPUs and GPUs.