Monero

XMR Launched 2014 source

What this page is: neutral, sourced facts about Monero. Every line links where it was checked. 10 facts, 0 from primary sources. Educational, not financial advice.

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Launch

Launched in 2014. secondary source source

Founders and creators

Seven developers were initially involved in creating Monero, five of whom decided to remain anonymous. secondary source source

Origin story

Forum users disagreed with thankful_for_today's direction for BitMonero and decided to fork it in 2014, leading to the creation of Monero. secondary source source

Stated purpose

Privacy-focused cryptocurrency. secondary source source

Consensus mechanism

Proof of work using RandomX. secondary source source

Supply model

A token sale wasn't held for XMR and no tokens were premined; miners are incentivized using "tail emissions". secondary source source

Main uses today

The Monero protocol includes various methods to obfuscate transaction details, though users can optionally share view keys for third-party auditing. secondary source source

Key milestones

Encryption of transaction amounts began in 2017 with the implementation of ring confidential transactions (RingCTs). secondary source source

Notable events and controversies

Binance delisted XMR as of Feb. 20, 2024; OKX delisted XMR at the end of 2023. secondary source source
On 20 February 2024, the cryptocurrency exchange Binance delisted Monero, citing regulatory compliance. secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.