XMR Price Index and Live Chart

XMR is the native cryptocurrency of the privacy-focused blockchain network Monero.

Today, Monero is an open-source project maintained by a decentralized developer community.

Monero is a privacy-focused, censorship-resistant blockchain that enables anonymous transactions for users of its cryptocurrency, XMR. XMR is an inflationary asset and issues tokens based on two schedules.

Monero uses the RandomX proof-of-work algorithm, which was developed by Monero community members to prevent application-specific integrated circuit mining equipment dominating the network hashrate.

ASIC miners are capable of producing significantly higher hashes per second than laptops and other ordinary devices used by Monero miners.

Like most cryptocurrencies, Monero price didn't reach its first peak until January 2018, right around the time all other assets in the market were experiencing huge surges in price.

In addition to RingCT, Monero also uses stealth addresses to add further protections to user privacy.

Five days after the launch of Bitmonero, a new community-led fork of Bitmonero was created and called just Monero.

Monero is maintained by a mostly anonymous group of developers, although software developer David Latapie and crypto developer Riccardo Spagni are publicly known contributors to the project.

Fluffypony was the CEO of XMR wallet MyMonero and the lead maintainer of Monero for five years starting in 2014.