Dynamic and history value of price XMR. Maximal value of price monero was 103.93$ - 2020-08-21 09:00:12, Minimal price of XMR was 61.31$ value and fixed at 2020-07-13 01:00:21. Today price of monero is : 91.94$
Monero (XMR) is an open source cryptocurrency that offers greater decentralization and privacy to other cryptocurrencies. XMR is basically an update of Bitcoin’s basic privacy and security principles. The transactions carried out in the Monero blockchain are completely private and impossible to trace thanks to the implementation of ring signatures and hidden addresses. Monero is based on the CryptoNote protocol and was launched in April 2014 by an anonymous user of the Bitcointalk forum. Originally known as BitMonero, the name soon changed by community consent. Monero suffered an attack in September 2014, but a patch was quickly launched to fix the vulnerability. Monero works to hide the identity of the sender and the recipient, as well as the amount of each transaction made on its network. Ring signatures mix the user’s transaction value among other transactions, making it impossible to identify the origin or destination of each transaction. XMR’s privacy strengths make it a target for the illicit use of those seeking to evade the authorities, and it was accepted as a payment in AlphaBay before the site was closed by the police.