Monero price: $132.028 USD (1.81%) | XMR price | Monero live price chart | Monero price today, exchanges, market capital, circulating supply, values, Monero current price, latest price, current updated price, Monero (XMR) rate, Monero (XMR) value, XMR/USD, XMR/BTC. price today

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Monero (XMR) Price

$132.028 0.0177911 BTC | 1.81%
1 hour -0.26%
24 hours 1.81%
7 days 7.64%
Market Cap
$2,144,980,000
Volume (24h)
$22,894,400
Add To Portfolio Add To Favourite
Circulating Supply
16,246,400 XMR
Total Supply
16,246,400 XMR
Max Supply
-- XMR

The Monero (XMR) price is $132.028. It has a current circulating supply of 16,246,400 XMR coins and a Market Cap of $2,144,980,000. Monero (XMR)'s price is up by (1.81%) today. $22,894,400 worth of Monero (XMR) has been traded in the past 24 hours. You can follow Monero (XMR)'s progress by adding it to your favourites and creating a free portfolio if you wish.

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Algorithm CryptoNight
Start Date N/A
Chat
BlockRR. -
Network H/s 685401599.31667
Mineable No
Token No
Website
Explorer Explorer
Proof Type PoW
Twitter N/A
DifficultyAdj. 2 blocks
BlockNo. 1488328
Block Reward 5.53838
Coin No
Wallet Wallet Wallet
Message Board

Introduction

Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. 

Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions.

Features

  • Privacy (Untraceable payments, Unlinkable transactions)
    Monero daemon uses the original CryptoNote protocol except for the initial changes (as the block time and emission speed). The protocol itself is based on ring signatures (Daniel J. Bernstein's Curve25519 + Ed25519, Schnorr signatures on a Twisted Edwards curve) and stealth addresses. The end result is passive, decentralised mixing based on heavily-tested algorithms.
  • Decentralisation
    The smart mining[20] forthcoming feature will allow transparent CPU mining on the user's computer, far from the de facto centralization of mining farms and pool mining, pursuing Satoshi Nakamoto's original vision of a true p2p currency.
  • Scalability
    Monero has no hardcoded limit, which means it doesn't have a 1 MB block size limitation preventing scalability.

Technology

Ring Signature 

The Basics

In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine which of the group members' keys was used to produce the signature.

For instance, a ring signature could be used to provide an anonymous signature from "a high-ranking White House official", without revealing which official signed the message. Ring signatures are right for this application because the anonymity of a ring signature cannot be revoked, and because the group for a ring signature can be improvised (requires no prior setup).

 

Application to Monero

A ring signature makes use of your account keys and a number of public keys (also known as outputs) pulled from the blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a "ring" of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there are no fungibility issues with Monero given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent).

To read how Monero gives you privacy by default (unlinkability), see stealth addresses.

Monero Trading Data

Monero Price USD Market Cap Circulating Supply Maximum Supply Volume (24h) %(1h) %(24h) %(7d)
$132.028 $2,144,980,000 16,246,400 XMR - $22,894,400 -0.26% 1.81% 7.64%