What is Monero?

What is Monero?

Being the fork of Bytecoin, Monero (XMR) is an anonymous and decentralized cryptocurrency with CryptoNight (64-bit CPU-only) PoW hash algorithm and based on CryptoNote protocol. It also has the fastest (1 minute) block generation speed among all CryptoNotes. Monero was known as BitMonero for the first 5 days of its release. Nowadays it is the second most successful CryptoNote currency in terms of market cap, with very active community around the coin.

You can read more about Monero on Getmonero.org

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