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. Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts.
Every Monero transaction, by default, obfuscates sending and receiving addresses as well as transacted amounts. This always-on privacy means that every Monero user's activity enhances the privacy of all other users, unlike selectively transparent cryptocurrencies (e.g. Z-Cash).
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.
Monero is also decentralized due to the ASIC-resistant proof of work algorithm, therefore the network will never be controlled by a small number of entities. Important thing is that the blocksize is scalable so Monero will NEVER reach a transaction limit imposed by the blocksize.
The Monero software architecture allows for an easy way to use Monero without downloading the entire blockchain. This is called «using a remote node».
Essentially, your wallet program connects to someone else's monero (blockchain) program, a.k.a node, a.k.a. network service. How does it work? The open node addresses actually point to many different nodes — when you request one, one in the list is selected. So if it doesn't work once, just try again.
./monero-wallet-cli --daemon-address monero1.exan.tech:18081
./monero-wallet-cli --daemon-address monero3.exan.tech:18081
torsocks ./monero-wallet-cli --daemon-address monero5sjoz5xmjn.onion:18081
While torsocks/torify is available on MacOSX/Linux, Windows users can use
Written from the ground up to deliver genuine privacy and anonymity. Not just another Bitcoin clone.
Your wallet address never appears on the public blockchain. This means no one that knows your wallet address can see how rich you are or you spend.
All transactions are confidential, which means every Monero user’s activity enhances the privacy of other users.
The source of funds for each transaction is concealed using established and proven ring signature cryptographic techniques. This is achieved without the need for a trusted setup, safeguarding against malicious currency fabrication.
Transaction amounts are encrypted to prevent transactions from being traced by the amount sent.
Cutting edge Elliptic Curve Cryptography that protects your funds from theft.
Transaction volume is not restricted by an arbitrary cap, ensuring transactions are processed quickly and inexpensively.
CryptoNight mining algorithm is resistant to special-purpose hardware that would result in unhealthy mining centralization.
Dual key system allows you to provide other computers or people with the ability to view your incoming funds without risk of theft.
Monero’s Kovri project encrypts and routes transactions through the I2P Invisible Internet Project nodes to protect you from network monitoring (coming soon).
Built on an ultra high performance, low memory footprint database developed by a core Monero contributor who worked on the NASA space shuttle.
High performance, high scalability messaging protocol for node communication.
Monero supports both light wallet technology and will be available on future hardware wallet technology.
A Monero project that makes paying someone else as easy as knowing their email address (no complicated strings of random numbers and letters required).
World class academic researchers that are pushing the frontier of what is possible with cryptocurrency privacy and security.
Over 240 developers have contributed to the Monero project. Forums and chat channels are welcoming and active.
Monero’s untraceability means that you do not have to fear that coins you receive are tainted by association with the activity of their previous owners.
Accepted widelity at exchanges, allowing you to get your funds in and out of Monero easily.