Monero (XMR) is a privacy focused cryptocurrency based on the CryptoNote protocol, making it one of the most secure, private and untraceables virtual currencies of its kind.
Monero is the most wide
ly known fully private cryptocurrency, and started out of as a fork of Bytecoin in April 2014. It is also notoriously linked to many illicit activities on the internet, which only proves the capabilities of its privacy features.
The Monero ledger, unlike blockchain, does not record the addresses of the sender and the recipient, instead using randomly generated intermediary addresses specifically created for that transaction.
Though many similar privacy focused coins have appeared since its inception, Monero still claims the top spot as the most successful of them.
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