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Key Takeaways Monero (XMR) is a privacy-focused cryptocurrency, launched in 2014, that hides the sender, receiver, and amount of every transaction by default. It achieves this with ring signatures, stealth addresses, and Ring Confidential Transactions, making payments untraceable and unlinkable. Strong privacy makes XMR fungible and censorship-resistant, but it also attracts regulatory scrutiny and exchange delistings. In This Article The Coin That Flips the Script Understanding Monero Why Monero Exists How Does Monero Work?