Monero (XMR)

Monero (XMR) is an open-source,privacy-enhanced cryptocurrency used for secure and anonymous transactions.

Monero utilizes a privacy protocol, Cryptonote, a set of privacy-focused technologies that use an obfuscated public ledger to maintain anonymity and transparency. Monero uses various mechanisms like ring signatures, stealth addresses, and confidential transactions to securely validate private transactions on the network.