Home About Monero

The money that
can't be watched.

Monero is the gold standard of financial privacy in the digital age. Every transaction is invisible by default, every coin is fungible, and no one can ever trace where your money comes from or goes.

What is Monero?

Monero (XMR) is an open-source, privacy-focused cryptocurrency launched in April 2014. Unlike Bitcoin, where all transactions are permanently visible on a public blockchain, Monero was built from day one with a single goal: genuine financial privacy for every user.

The word "Monero" means "coin" in Esperanto — a language designed to belong to everyone. That philosophy is baked into XMR itself. It is decentralized, community-governed, and has never had a pre-mine, an ICO, or founder rewards. Every coin in existence was earned by network participants.

At its core, Monero uses three cryptographic technologies — Ring Signatures, Stealth Addresses, and RingCT — to make every transaction unlinkable and untraceable by default. You cannot opt out of privacy, and neither can anyone spying on you.

Open Source No Pre-mine Community Governed ASIC-Resistant
Monero
XMR
Since 2014
Max Supply ~18.4M + tail
Algorithm RandomX
Block Time ~2 minutes
Privacy Default
Fungibility Full
KYC None

Three layers of
cryptographic privacy

Monero does not ask you to trust its developers, its government, or its exchange. It asks you to trust math — and math has never broken.

01

Ring Signatures

When you send XMR, your transaction is cryptographically mixed with 15 other past transactions. An external observer cannot determine which of the 16 possible senders actually signed. The sender is hidden in a crowd.

Ring size 16 members
02

Stealth Addresses

Every transaction generates a one-time address on behalf of the recipient. Even if you give your public address to the whole world, no one can link incoming transactions to you or to each other on the blockchain.

Receiver privacy One-time keys
03

RingCT

Ring Confidential Transactions hide the amount being transferred. The network can verify that inputs equal outputs (no coins created from thin air) without ever knowing the actual values involved.

Amount visibility Zero
Dandelion++ Network Propagation

Before a transaction even hits the public peer-to-peer network, Dandelion++ obscures which IP address originated it — making network-level surveillance dramatically harder.

Network Layer

Monero vs Bitcoin —
an honest comparison

Bitcoin is excellent digital money. But it is transparent by design. Every wallet balance, every payment, every merchant relationship is forever public on-chain. Monero solves this.

Feature
Bitcoin
Monero
Transaction Privacy
Transparent (opt-in mixers)
Mandatory & default
Sender Visibility
Public address linkable
Hidden via Ring Signatures
Receiver Visibility
Address reuse trackable
One-time stealth addresses
Amount Visibility
Fully public on-chain
Hidden via RingCT
Fungibility
Coins can be blacklisted
Every coin identical
Mining
ASIC-dominated (SHA-256)
CPU-friendly (RandomX)
Supply Tail
Hard cap at 21M
Tail emission (0.6 XMR/block)
Block Time
~10 minutes
~2 minutes

A decade of
privacy innovation

2013

CryptoNote Whitepaper

The anonymous "Nicolas van Saberhagen" publishes the CryptoNote protocol — the foundational cryptography that would enable untraceable transactions using ring signatures and one-time keys

2014

Monero Is Born

BitMonero launches as a fork of Bytecoin — itself a CryptoNote implementation. The community quickly rebrands it to "Monero." No ICO, no pre-mine, no developer allocation. A fair launch by design

2017

RingCT Activated

Ring Confidential Transactions go live, hiding transaction amounts on-chain for the first time. Monero achieves the full privacy trifecta: hidden sender, hidden receiver, hidden amount

2019

RandomX Mining Algorithm

Monero adopts RandomX, a proof-of-work algorithm specifically designed to be efficient on CPUs and inefficient on ASICs and GPUs. Mining democratizes — anyone with a laptop can participate meaningfully

2021

Dandelion++ & CLSAG

Dandelion++ adds network-layer privacy, obscuring which node originated a transaction. CLSAG ring signatures reduce transaction size by ~25%, making Monero faster and cheaper without sacrificing privacy

2022

Triptych & Seraphis Research

The Monero Research Lab publishes Triptych and begins work on Seraphis — next-generation ring signature schemes that will dramatically increase ring size and provide even stronger anonymity guarantees

Today

LocalMonero Returns

The original LocalMonero peer-to-peer marketplace closes in 2024. We bring it back — rebuilt from scratch as a native desktop app. No web custodian, no KYC gateway. Just private P2P XMR trading the way it was meant to work

Financial privacy
is a human right.

Every time you pay with a card, use a bank transfer, or send Bitcoin, you leave a permanent record that can be accessed by governments, corporations, hackers, and data brokers — often without your knowledge or consent.

Cash solved this for physical transactions. Monero solves it for the digital world. When you receive your salary, buy medication, donate to a cause, or pay a contractor — no one else's business but yours and theirs.

10+ Years in development
500+ Active researchers & contributors
$0 Founder allocation

Censorship Resistant

No exchange can blacklist your XMR. No government can freeze a Monero wallet from the outside. Funds are truly yours.

Truly Fungible

Every XMR is identical and interchangeable. No coin carries a "dirty" history. Merchants cannot discriminate based on where your money came from.

Non-Custodial

On LocalMonero, your keys never leave your device. Trade directly from your wallet. Not your keys, not your coins — and with Monero, your keys are private by default.

Open Source Forever

The entire Monero codebase is public on GitHub. Hundreds of researchers audit it every day. The protocol cannot hide backdoors — and neither can LocalMonero.

Ready to put Monero's
privacy to work?

Download the LocalMonero desktop app and start trading XMR peer-to-peer with no KYC, no custodial risk, and no compromise on privacy.