Monero (XMR) is an open-source cryptocurrency designed to provide higher privacy and anonymity. It is one of the most privacy-focused cryptocurrencies in the market, aiming to protect users' transaction records and identity information through the use of privacy technologies. Unlike other cryptocurrencies, Monero employs a range of privacy protection measures, including ring signatures, stealth addresses, and RingCT (Ring Confidential Transactions). These technologies ensure that each transaction generates a one-time address and mixes with other random transactions, while also obfuscating the transaction amounts to hide the actual value. This makes every transaction untraceable and unlinkable, providing users with enhanced privacy protection.

Monero was created in April 2014 by an anonymous development team. However, the identity of Monero's founder remains unknown, as they adopted an anonymous developer team pseudonym, "Nicolas van Saberhagen."

In July 2023, Monero released version v0.45, which improves the transparency of ring signature technology, hybrid technology and privacy protection features.

In August 2024, Monero released version v0.18.3.4, known as "Fluorine Fermi." This update introduced support for Trezor Safe 5, enabled blockchain pruning by default to optimize storage requirements, and fixed several minor bugs to enhance stability and usability. The upgrade also included significant updates to P2Pool, the decentralized mining pool system, and an improved compatibility with OpenAlias domains. The community-driven development continues to focus on further strengthening the privacy features and expanding the ecosystem through ongoing research and active community contributions

Above are only for introduction, not intended as investment advice.