What Is Monero?

Monero is a grassroots community attracting the world’s best cryptocurrency researchers and engineering talent.

Monero is the best cryptocurrency, ever. Seriously. 99% percent of the problems that other cryptocurrencies have, Monero has either fixed or the core team is working on fixing them soon.  It is open-source and accessible to all. With Monero, you are your own bank. Only you control and are responsible for your funds. Your accounts and transactions are kept private from prying eyes.

Monero is the leading cryptocurrency with a focus on private and censorship-resistant transactions.

Primarily, to me, the important thing is that Monero is fungible. One Monero can not be distinguished from another Monero. There is no transaction history. This is a fundamental principle of money. Anything that is inherently traceable (such as bitcoin) is not money – it is an asset. Privacy is a side effect of fungibility. Oh yeah, and the blocksize is scalable so Monero will NEVER reach a transaction limit imposed by the blocksize.

Monero transactions are confidential and untraceable.

Monero is also decentralized due to the ASIC-resistant proof of work algorithm, therefore the network will never be controlled by a small number of entities.

Monero transactions are confidential and untraceable

 

Getting Started

Welcome! Getting started with Monero is not hard, but can take a couple of minutes. The Monero Stack Exchangeis a great resource for beginners.

Get a Monero Account (Address)

There are many ways to get a Monero address. The best way is to download and run the Monero wallet. This program is available at the official Monero website. There are also excellent guides on the official website. For more information on getting started with Monero, please checkout this MoneroEric.com website or watch the video linked below.

Excellent guide for the Monero GUI