1 Monero to USD Dollars Price Converter | What is Price of 1 XMR in USD?

Monero (XMR) to USD Dollar Price Converter

What is Monero [XMR]?

It is  is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.

 

Convert 1 or More XMR (Monero) To USD :

Price of XMR in USD:

Graph:

 

Monero is private

It uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.

Monero is untraceable

Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

Xmr  is fungible because it is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.

Milestones

 

It is important to realize that the security of the Monero network and your own Monero is dependent on the security of your Monero keys. Your Monero keys are MONERO keys. Do NOT use them for any other purpose, including claiming coins from a Monero fork

Using your keys to spend the same outputs twice on different forked blockchains will damage your privacy, and others’, as both spends will bear the same key image, but different rings, with only your spent output in common (this does not impact stealth addresses nor confidential transactions, just ring signatures). Moreover, by using such a “same keys” fork, the security of your Monero private keys now depends on those third parties.

Leave a Reply

Your email address will not be published. Required fields are marked *