Monero is a cyptocurrencies design for the connected world. It ensures efficiency, safety and privacy. With Monero, users control their own accounts. Transactions and activities could not be tracked.
1.Monero is secure
Monero is an encrypted and decentralized currency. It operates on a platform controlled by all users collectively. The distributed consensus confirms every transaction, including sending, receiving, exchanging and purchasing. All records are stored on the Monero blockchain.
2.Monero is private
Monero uses several methods to obscure the senders, amounts and receivers of all transactions. Without any compromises of privacy, Monero offers a decentralized cryptocurrency with all kinds of benefits.
3.Monero is untraceable
Details of every transaction are confused using ring signatures, ring confidential transactions, and stealth addresses. Transactions are entirely discrete. A user’s deals will never be connected to his real-world identity unless he himself reveals the records voluntarily.
4.Monero is fungible
The private feature of the Monero ensures its fungibility. Users and exchanges cannot blacklist the units of Monero because of their connection in transactions before.
The price of Monero to USD was originally quite steady. In Aug 2017, the price started to rocket and reached the historical high at 495.84 USD on Jan 07, 2018. And after that, it saw a considerable decline while greatly varying.