Monero is a special cryptocurrency. It doesn't have the network as big as Bitcoin, and it doesn't have the complex and perfect system as Ethereum, but it has a feature that many people like very much, that is, it completes transactions safely and confidentially, which is why Monero has become the most used cryptocurrency in the currency circle.
Monero (code name XMR) is an open source cryptocurrency, which was established in April 20 14, focusing on privacy, decentralization and expansibility. Different from many cryptocurrencies derived from bitcoin, Monero is based on CryptoNote protocol, and there are significant algorithm differences in blockchain fuzzification.
Monero is committed to becoming an alternative untraceable electronic currency. Monero is more anonymous than Bitcoin and its bifurcation. Monero has made some major improvements since its launch. Monero continues to aim at privacy and security, followed by ease of use and efficiency.
Blockchain is migrated to different database structures to provide higher efficiency and flexibility, the minimum ring signature size is set to be private according to authorization, and RingCT is implemented to hide the transaction amount. Almost all the improvements have improved the security or privacy, or promoted the use.