WHAT IS MONERO ?
Monero is a secure, private, untraceable currency. It is open-source and freely available to all.
With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes.
Want to find out more? An overview of Monero’s main features are below.
Using the power of a distributed peer-to-peer consensus network, every transaction is cryptographically secured. Individual accounts have a 25 word mnemonic seed displayed when created, which can be written down to back up the account. Account files are encrypted with a passphrase to ensure they are worthless if stolen.
Monero uses a cryptographically sound system that allows you to send and receive funds without your transactions being publicly visible on the blockchain (the distributed ledger of transactions). This ensures that your purchases, receipts, and other transfers remain private by default.
By taking advantage of ring signatures, a special property of certain types of cryptography, Monero enables untraceable transactions. This means it’s ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to particular user.
HOW DO I
GET STARTED ?
Alternatively, if you would like to run a full Monero node you can download the client and a kick-starter blockchain. An easy way is to use genesis-mining.com to buy a mining contract and send your money direct to an exchange like Poloniex.com or bittrex.com
To mine Monero (XMR) with profit you need some serious hashing power. It expensive and loud equipment that draws a lot of power.
Let some professionals do it for you instead. Genesis-mining.com offer 2 year monero contracts for a reasonable price.
If you use our discount code you will get 3% off every contract at genesis-mining.com