Monero is a decentralized cryptocurrency. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility; observers cannot decipher transaction amounts or addresses involved. Monero was first released in 2014. Monero is a cryptocurrency focused on privacy. Transactions on the Monero blockchain can’t be tracked or traced. Monero uses a proof of work consensus algorithm to issue new coins and secure transactions. Learn why privacy is incredibly important and how Monero fixes this issue of anonymity "or lack thereof."
