Monero is the world’s first cryptocurrency designed to provide complete privacy, and that remains its core mission today. Launched in 2014, it is built on the CryptoNote protocol, which introduced deep anonymity with Bytecoin.
Monero was initially developed as a privacy-focused alternative to Bitcoin. traceable
From a purely technical perspective, Monero operates on the Proof-of-Work algorithm, similar to Bitcoin. This distinguishes it from many modern blockchains that have switched to Proof-of-Stake instead.
What makes Monero truly special is its community-driven development: unlike many other projects, Monero thrives thanks to the hard work of its dedicated enthusiasts and supporters. Indeed, the developers are still here, yet the amount of effort the community is putting into the project is genuinely overwhelming.
If you’re familiar with the coin and want to buy it, you can use an exchange or trading platform to make the process quick and easy. Xgram is a great option, offering low commissions and fast transactions – you get what you need without the hassle. For example, you can swap LTC to XMR . This pair is one of the most popular, but Xgram.io supports over 20 others, too – no matter which asset you want to trade for XMR, you’ll have no trouble finding a match.
