Monero is a cryptocurrency that relies on proof-of-work mining to achieve distributed consensus. Below you'll find some information and resources on how to begin mining.
Monero is more than just a technology. It’s also what the technology stands for. Some of the important guiding philosophies are listed below.
faq->a7
Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic @block size and dynamic fees, an ASIC-resistant proof of work (@randomx), and a @tailcoin-emission, among several other changes.
Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic @block size and dynamic fees, an ASIC-resistant proof of work (@randomx), and a @tail-emission, among several other changes.
Monero has value because people are willing to buy it. If no one is willing to buy Monero, then it will not have any value. Monero’s price increases if demand exceeds supply, and it decreases if supply exceeds demand.
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 censorshipBecause every transaction is private, Monero cannot be traced. This makes it a true, @fungible currency. Merchants and individuals accepting Monero do not need to worry about blacklisted or tainted coins.
Because every transaction is private, Monero cannot be traced. This makes it a true, @fungible currency. Merchants and individuals accepting Monero do not need to worry about blacklisted or tainted coins.
"Please note: these links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement by the Monero community of any products, services or opinions of the corporations or organizations or individuals listed. The Monero community bears no responsibility for the accuracy, legality, or content of these external sites. Contact the external site for answers to questions regarding its content. As always, caveat emptor ('buyer beware'); you are responsible for doing your own research. Always use judgement when making online purchases."
In an effort to support organic workgroups, Monero has several resources that the community can use to meet and plan projects. Mattermost even has relays into the most popular Monero-related IRC channels.,
