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Monero (XMR)

XMR

Monero (XMR) is a cryptonight algorithm based alternative crypto currency.

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Website: Monero

Algorithm: CryptoNight
Proof Type: PoW
Fully Premined: no

Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. 

Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions.