What is Monero (XMR)?
Monero (XMR) was an evolution of the first anonymous cryptocurrency, it is private and untraceable, where you cannot see the balances of different Monero addresses. In an increasingly transparent world, privacy coins like Monero are becoming more desirable.
Real World Example
Monero can protect both users data and privacy, if a company suffers a data breach, payments with Monero will protect users from exposure. Also as you cannot see the balance on a Monero address, it does not incentivise attempts at hacking or theft of the owner.
Of the seven core Monero developers, two are publicly known – Riccardo Spagni and Francisco Cabañas, while the other five are pseudonymous.
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