Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,071 trillion. Bitcoin is up by over 3% after a successful week. Ethereum decreased by almost 2% over the past seven days. XRP gained nearly 2% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
XMR
What is Monero (XMR)?
Monero (XMR) is a decentralized cryptocurrency that uses a technique called "ring signatures" to provide anonymity for its users. This means that when a transaction is made, it is not linked to a specific person or entity, making it difficult to trace the transaction's origin. It also uses a technique called "stealth addresses" to further protect the privacy of its users. Monero uses the CryptoNight proof-of-work algorithm to mine new coins, designed to resist specialized mining hardware (ASICs) use. This…
Block Education
@BlockEducation
3 weeks ago 64 views