Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target.
Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions.
- Privacy (Untraceable payments, Unlinkable transactions)
Monero daemon uses the original CryptoNote protocol except for the initial changes (as the block time and emission speed). The protocol itself is based on ring signatures (Daniel J. Bernstein's Curve25519 + Ed25519, Schnorr signatures on a Twisted Edwards curve) and stealth addresses. The end result is passive, decentralised mixing based on heavily-tested algorithms.
The smart mining forthcoming feature will allow transparent CPU mining on the user's computer, far from the de facto centralization of mining farms and pool mining, pursuing Satoshi Nakamoto's original vision of a true p2p currency.
Monero has no hardcoded limit, which means it doesn't have a 1 MB block size limitation preventing scalability.
|Current Supply||15,481,770 XMR|
|Total Supply||0 XMR|
|24h Volume (coin)||79,263 XMR|
|24h Volume (currency)||$23,963,557|
|Last updated||2017-12-16 01:35:06|
Why use coins rating system?Working with cryptocurrencies is mostly unpredictable, risky and uncertain. While this new market is emerging, tens of new coins just like Monero are showing up to compete for a share every single day, thus making it harder for cryptocurrency investors, traders and buyers to spot opportunities or even protect their capital. We provide different crypto market tools to help anyone in this uncertain environment, but we find the rating system very important for all crypto users as the human race learning process was developed through out the years using other people experiences' as well as other sources.
Why voting?Help others benefit from your knowledge and experience in Monero, others will help you in other coins.
Who needs this system?In addition to Monero investors, traders and buyers as we said before, anyone who deals with crypto coins can use it, for instance technical analysts, economists, coin miners, coins users, cryptocurrency coders, security assurance people, writers, bloggers, vloggers, websites, community members, etc...
Can i share this data?Absolutely! Feel free to use all Monero data online or offline as you see fit. We kindly ask and trust you will credit us as a source.
How to use the system?Well it's simple, rate the aspects related to Monero that you have experience in, you might rate all aspects, it depends on the person knowledge in a particular cryptocurrency (in this case Monero). You also might only need the data and don't have the required information to rate, its totally up to you.
Can i change my votes?Sure, you can change your votes within 14 days of your vote date, that won't count as a new vote.
Can i revote?Ya sure, as we all know the human learning process and experience would change the way he/she looks at things, also the crypto currency market is a fast paced market and cryptocurrencies are appearing, growing and changing rapidly, to monitor coins changes properly we allow you to vote again (same coin and subcategory) after 14 days of your first vote date, and it would count for a new vote, so you can come back every two weeks or month and let's know how you experienced Monero lately.
What coins rating categories mean?We have classified important aspects into five main categories to make things easier for you:
Cryptocurrency Technical Analysis: Using different methods in analyzing the moving of prices in charts to determine trends and speculate future movements.
- Cryptocurrency Accessibility :The ease of reach to cryptocurrencies indicated by its popularity, online and offline community, ability to mine or purchase.
- Cryptocurrency Coding & Security: The quality of a cryptocurrency code which can be determined through its developers activity, code updates and structure, the code documentation and security aspects.
- Storing Cryptocurrency: Simply, how easy its to store this coin? are there enough physical wallets (like printing and hardware) and digital wallets (like apps and websites) to store your owned coins?
- Cryptocurrency Investment: Potential of profitability in long-term and short-term timeframe investments in cryptocurrencies, the quality and diversification it adds to an investing portfolio, and its predictability which means the volatility of a coin.
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