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Monero
XMR
Monero is a digital coin and a global payment system running on blockchain technology.
Circulating supply:
17 313 338 XMR
Total supply:
17 313 338 XMR
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Monero price

- Last price:
1 XMR =
-22.385%
0.00596601 BTC
Best price(KRAKEN):
Market cap
Volume 24h
Minimal price for 24h
Maximum price for 24h
Statistic
Monero course
Monero course in BTC
0.00596601 BTC
Market capitalization
Trade volume 24h
Minimal price for 24h
Maximum price for 24h
Market cap rank
#23
Absolute maximum
Absolute maximum date
From absolute maximum
-61.38%
1d Volatility
23.80%
7d Volatility
30.41%
Changes for 24h
-22.3847%
Changes for 7d
-27.0175%
Changes for 14d
-20.8087%
Changes for 30d
-15.7207%
Changes for 60d
-41.1666%
Changes for 1y
174.9664%
Monero (XMR) - USD Historical Price Chart
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Monero data

Monero (XMR) today is with a 24-hour trading volume of . XMR price is -22.3847% down in the last 24 hours. Lowest cost XMR is recorded on the crypto exchange KRAKEN. Leader in trading volume XMR is the exchange Binance. Cryptocurrency market capitalization is
About Monero (XMR)

Many inexperienced users mistakenly think that all cryptocurrencies are anonymous, but in fact, there are not many anonymous digital currencies. One such coin is Monero (XMR).

What is Monero?

Monero is a digital coin and a global payment system running on blockchain technology. The key feature of this coin is a unique ring signature algorithm providing the opportunity for anonymous transactions. The name of this currency is an Esperanto translation of the word "coin".

Monero working principle

In order to understand the principle of Monero, you need to possess at least basic knowledge of blockchain technology: what is a hash sum, transaction, ring signatures, cryptonote protocol, etc. So, let's make a brief and clear analysis of the Monero cryptocurrency work principle.

Monero payment system makes it possible to do XMR coin transactions within the network. As known, a chain of blocks is arranged in such a way that the data about previous coin transfers (hash amount) is stored directly in the transactions. Due to this, it is impossible to make a change in the block without affecting other elements in the chain. A full copy of the database (blockchain) is stored by each network member.

Understanding of the ring digital signature algorithm work helps to understand how anonymity is achieved. For comparison, transactions on the Bitcoin network have identifiers, if to analyze them, it is possible to see the movement of coins (from whom and to whom they were sent). The developers of the Monero payment system decided to use one-time addresses, which help hide the final recipient.

The system works in such a way that the user receives several “outputs” of the transaction at once, but he cannot find out which one was used. In other words, such transactions are connected with several other financial transactions at once. When carrying out transactions, users can independently choose the number of connections - the more they choose, the harder it is to track the transaction.

Technical Information on Monero

  • block size not less than 1 Mb;
  • SHA-3 hashing algorithm;
  • hash functions - Grøstl, JH, BLAKE, and Skein;
  • AES instruction system compatibility for x86 microprocessors;
  • the ability to carry out x86-64 multiplication operations.

Mining XMR

Monero network works on the PoW consensus protocol, like Bitcoin and many other cryptocurrencies. This means that XMR mining needs specific equipment.

The speed of finding the block is fixed and this happens once every two minutes. The miner who solves the equation gets 3.42 XMR. The total issue of coins is 18.4 million. Note, that after the miners get all the coins, the issue will not end and users will continue to receive a reward of 0.6 XMR per block. The developers took this step to prevent problems like in Bytecoin and other digital coins based on the CryptoNote protocol.

Monero statistics on the Neironix platform

The project ranks 13th in the global cryptocurrency rating, the XMR rate is $59, and the total capitalization is $1.022 billion, as of the time of writing.

The Neironix.io website provides detailed information about the Monero cryptocurrency:

  • current rate and capitalization of XRM;
  • price changes for a day, week, month, year, or all time;
  • the latest news on Monero;

The Neironix platform provides all the necessary information for investors.

 

 

 

 

 

 

 

 

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Comments
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Now, Monero looks very good, for a strong upward price movement, I think I’ll buy a little bit of a portfolio in front of a hardfork.
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Monero Cost

Would like to know the latest Monero price? Here is it as well as other useful data about this kind of cryptocurrency. At NEIRONIX, we collect and provide any valuable content on it such as 1 XMR to USD so that you could make a favorable investment and have a positive result. We invite you to the world of Monero value, by giving a real comprehension of its prospect and worthiness!

All Data You May Need about Monero Perspectives and Cost

Due to NEIRONIX, you will be aware of all the latest news. Firstly, everybody can get acquainted with Monero price today – these data are renewed with a high speed as we appreciate your wish to have up-to-date information at hand. Secondly, you are able to look through the following important aspects: market cap shows the collective value of all sold coins, low/high value demonstrates the minimal and maximal value of 1 coin among other stock exchanges, and volume is the total value of transactions on stock in a day. Thus, you won’t have a question: ‘How much is a Monero worth?’ All data are thoroughly analyzed and presented for your convenience!

If you keen on Monero price chart, we offer it – just choose the period you need (from 1 day to maximum) and get a full analysis of its falls and growth during the appropriate period. To add to it, NEIRONIX disposes of topical news about Monero current rate and its possible changes, current Monero value with future forecasts and growth perspectives. Thanks to us, you will be notified about the latest tendencies in the chosen cryptocurrency market!

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