Monero (XMR) is a cryptocurrency that allows anonymous and confidential transactions using advanced cryptography. Monero means “coin” in Esperanto, an international language created to facilitate communication between people. Monero is based on the code of Bytecoin, another privacy-focused cryptocurrency, but has been improved and developed by a community of volunteers since its launch in 2014. Monero uses several techniques to protect the identities of senders and recipients, as well as the amount of transactions. For example, it uses ring signatures to mix transactions with other transactions, stealth addresses to hide the real addresses of participants, and zero-knowledge proofs to prove that a transaction is valid without revealing any information. sensitive information. Monero aims to be a secure, private, untraceable digital currency that can be used by anyone without fear of censorship or surveillance.