Wednesday, 7 October 2015

Monero Overview

(launched April 18, 2014), a descendent of , is a privacy-centric cryptocurrency which uses the CryptoNight(64-bit CPU-only) PoW hash algorithm. The use of this algorithm, combined with the anonymity of the CryptoNote system, gives Monero a number of key features, including: Untraceable Payments Unlinkable Transactions Double-Spending Immunity Blockchain Analysis Resistance Egalitarian Proof-of-Work Adaptive Parameters Monero means "coin" in Esperanto(International Auxiliary Language) and was the name adopted by the community after it"s original inception as BitMonero.
Monero Overview

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