Monero
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Monero XMR is an open-source privacy-oriented cryptocurrency that was launched in 2014.
Monero has the third-largest community of developers, behind Bitcoin and Ethereum.
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Owner of Monero
Original author: Nicolas van Saberhagen
Initial release
18 April 2014
Latest release
11 August 2022
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Monero Safety
Monero transactions are untraceable and confidential.
Any observer cannot read details of trading.
This makes it a true, fungible currency.
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Monero Coin is a good investment?
XMR has fair growth potential.
Crypto market experts forecasting the average XMR rate of $285 during 2023.
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Monero XMR:
Its Block Explorer is xmrchain.net,
carries White Paper "CryptoNote v 2.0"
and Circulating supply approx 18.20 M.
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% How much Monero is left?
Miners have extracted 90 % of privacy-focused cryptocurrency and will net the remainder by 2022.
Data from monitoring resource Monero Blocks confirmed this.
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Monero mining Time required to mine 1 Unit
Currently it would take approximately 137 days to mine 1 Monero at the current Monero difficulty level.
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Is Monero better than Bitcoin?
The major difference is that while Bitcoin is open-source and decentralized, Monero is the most anonymous cryptocurrency in the market, being truly private
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Disclaimer
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