MONERO: THE BEST MINNING CRYPTO
Monero is a cryptocurrency that has attracted a lot of attention from thousands of traders and miners, since it uses a CryptoNote cryptographic protocol. This allows you to make transactions like other cryptocurrencies, only without revealing neither the sender nor the receiver nor the actual amount: you can only know that the amount shown is always less than the true amount.
Its market capitalization is more than 4 billion dollars, placing it in position 12 of the most valued currencies. It's the equivalent of 448,246 BTC
The initial price of Monero was $ 2.47 and today it is $ 315.5. A significant increase that has left many gains to those who believed in this project in its infancy.
Monero is very used to make transactions. Although everything is registered in the Blockchain, you do not have the slightest idea who executes the transaction and what part of the world it comes from.
This technology that allows the absolute privacy of Monero is called "ring signatures" (ring signatures). This is a group of cryptographic signatures in which only one of the ones that appears is real, but there is no way to indicate which one it is or where it came from, because when they are mixed, they all seem valid. So when making a transaction anonymity is maintained except for the parties involved.
In addition to this it hides the IP address of the user making the platform more hermetic.
Monero mining has become popular recently due to its large profits, but with the entry of new miners the dividends are not the same. On the website of the cryptocurrency there is a special program for mining Monero on a PC. This program requires certain computer skills and must be well managed to achieve the objectives.