COINRAIL TO LIST MONERO ($XMR) Soon!!!!
Coinrail will list Monero ($XMR) on November 22nd.
A secure, private, and untraceable Cryptocurrency . It is open-source and accessible to all. With Monero, you are your own bank. Only you control and are responsible for your funds. Your accounts and transactions are kept private from prying eyes.
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Why Monero is different
A decentralized Cryptocurrency , meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus, and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.
It uses ring signatures and ring confidential transactions to obfuscate the amounts, origins, and destinations of all transactions. They provides all the benefits of a decentralized Cryptocurrency , without any of the typical privacy concessions.
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.
It is fungible because it is private by default. In its current state, it is extremely unlikely that it will ever be blacklisted by exchanges or vendors due to its association in previous transactions.
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The leading cryptocurrency with a focus on private and censorship-resistant transactions.
Most existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains, meaning that transactions are openly verifiable and traceable by anyone in the world. Furthermore, sending and receiving addresses for these transactions may potentially be linkable to a person’s real-world identity.
It uses cryptography to shield sending and receiving addresses, as well as transacted amounts.
Transactions are confidential and untraceable.
Every transaction, by default, obfuscates sending and receiving addresses as well as transacted amounts. This always-on privacy means that every user’s activity enhances the privacy of all other users, unlike selectively transparent cryptocurrencies (e.g. Z-Cash).
Monero is fungible. By virtue of obfuscation, Monero cannot become tainted through participation in previous transactions. This means Monero will always be accepted without the risk of censorship.
The Kovri Project, currently in development, will route and encrypt transactions via I2P Invisible Internet Project nodes. This will obfuscate a transactor’s IP address and provide further protection against network monitoring.