At its core, a cryptocurrency allows any individual to transfer value directly to a recipient anywhere in the world, without needing to rely on a trusted third party in the middle to facilitate the exchange. This seemingly simple function introduces possibilities for a great variety of solutions and improvements in areas of payments, law, security, business processes, and much more.
- Monero Means Money
Monero is a private, decentralized cryptocurrency that keeps your finances confidential and secure. Monero is the leading cryptocurrency focused on private and censorship-resistant transactions. Unlike the majority of existing cryptocurrencies that have transparent blockchains, XMR uses various privacy-enhancing technologies to ensure the anonymity of its users. Monero uses various privacy-enhancing technologies to ensure the anonymity of its users. Monero transactions are confidential and untraceable and the only cryptocurrency where every user is anonymous by default.
Launched in 2014 with a simple goal: to allow transactions to take place privately and with anonymity, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. Obfuscation is achieved through the use of ring signatures. To ensure that transactions cannot be linked to one another, stealth addresses are created for every single transaction that are only used once. A participant on the Bitcointalk forum going by the username “Thankful_for_today” forked Bytecoin to create Monero, which was later maintained by the decentralized developer community. Monero is fungible, meaning that involvement in previous transactions does not affect the value of any one coin as all transaction history is completely unknowable. Monero uses a proof of work consensus algorithm to issue new coins and secure transactions.
What an attractive project this is. Show your support for Monero by sporting their Official Logo. This casual T-shirt puts a new spin on comfort and style. This classic slim fit shirt features short sleeves, a round neck, and the fabric is a blend of 95% Cotton and 5% Spandex. Available in 2 colors and 7 sizes. Makes a great gift.
- Runs SMALL - We recommend getting one size larger than you normally would.
• Care instructions: Machine wash in warm water with like colors (max 40C or 105F), non-chlorine bleach as needed. Tumble dry at medium heat, cool iron or steam as needed. Do not dry clean.
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