Docs - Monero cryptocurrency
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@ -4,7 +4,8 @@ title: Cryptocurrency
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subtitle: Introduction to Cryptocurrency terminology
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subtitle: Introduction to Cryptocurrency terminology
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tags: [introduction,cryptocurrency,terminology]
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tags: [introduction,cryptocurrency,terminology]
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gh-badge: [star, fork, follow]
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gh-badge: [star, fork, follow]
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---## 3 Monero Cryptocurrency
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---
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## 3 Monero Cryptocurrency
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Monero is an open-source cryptocurrency that is developed under the Monero project to create a decentralized and anonymous currency. Its main goal is to make the user the one who has complete control over funds.
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Monero is an open-source cryptocurrency that is developed under the Monero project to create a decentralized and anonymous currency. Its main goal is to make the user the one who has complete control over funds.
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Meaning that every single digital transaction and the exact number of coins in users wallet cannot be traced back to the user without sharing the view key of the transaction [2]. Main distinctive points compared to other cryptocurrencies are:
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Meaning that every single digital transaction and the exact number of coins in users wallet cannot be traced back to the user without sharing the view key of the transaction [2]. Main distinctive points compared to other cryptocurrencies are:
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Next important moment was when a significant part of the developers decided to abandon the project in favor of creating a new fork named Monero in 06.23.2014. By this action, Monero cryptocurrency was created with publicly known blockchain from the start, strictly defined goals and motivated team of developers [6].
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Next important moment was when a significant part of the developers decided to abandon the project in favor of creating a new fork named Monero in 06.23.2014. By this action, Monero cryptocurrency was created with publicly known blockchain from the start, strictly defined goals and motivated team of developers [6].
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3. Monero Cryptocurrency
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### 3.2 Monero market cap
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### 3.2 Monero market cap
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As Monero is often mentioned for its privacy features, decentralization
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As Monero is often mentioned for its privacy features, decentralization
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transaction outputs [29].
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transaction outputs [29].
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3. Monero Cryptocurrency
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### 3.5 Transactions in Monero network
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### 3.5 Transactions in Monero network
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