Monero XMR
Cryptocurrency · Layer 1 · Proof of Work (PoW) · launched in 2014
№12of 40 004
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- Price —
- $11.57 billion
- Capitalization
- $104.71 million
- Volume over 24 hours
- 0.43%
- Dominance
About the coin
- Circulating supply
- 18.82 million XMR
- Total supply
- 18.82 million XMR
- Maximum supply
- Unlimited
- Fully diluted capitalization
- $11.57 billion
- 24h high
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- 24h low
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Monero (XMR) is a leading decentralized cryptocurrency focused on enhanced privacy and transaction anonymity. The project was launched in 2014 by a group of developers without an ICO or pre-mining. Unlike Bitcoin, where transaction history is transparent, Monero hides the sender's address, recipient's address, and transfer amount.
Security is provided through cryptographic technologies: ring signatures, stealth addresses, and RingCT. The network operates on a Proof-of-Work (PoW) consensus algorithm with a RandomX function that makes mining efficient on regular processors (CPU) and protects the network from ASIC device monopoly. Monero remains the leading standard for private digital money worldwide.
Additional information
FAQ
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Monero is a decentralized open-source cryptocurrency created in 2014. Its primary priority is complete confidentiality, anonymity, and untraceability of financial transactions. Unlike most other blockchains, all transactions in the Monero network are strictly confidential by default.
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Monero hides all transaction details using three main cryptographic technologies: Ring Signatures mask the sender, Stealth Addresses protect the recipient's identity, and RingCT technology hides the exact transfer amount from external observers.
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Bitcoin's blockchain is public and transparent: anyone can see participant addresses and transfer amounts in a block explorer. Monero's blockchain is completely closed to external analysis — the history of coin movements cannot be traced, making XMR a fungible asset where each coin has no "history".
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Yes, Monero operates on the Proof-of-Work (PoW) consensus algorithm. The network uses a unique RandomX algorithm, developed specifically to protect against industrial ASIC equipment. This allows ordinary users to effectively mine XMR on standard central processors (CPU) of home computers.
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Monero's cryptographic architecture provides the highest level of security. Wallet access is controlled exclusively by its owner using private keys and a mnemonic phrase (seed phrase). Since transaction data is not published openly, hackers cannot track user balances to conduct targeted attacks.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .