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What is Monero?
Monero is one of the leading cryptocurrencies with a focus on private transactions. Most existing cryptocurrencies, including Bitcoin and Ethereum, have a transparent blockchain, which means that transactions can be openly verified and tracked by anyone in the world. Besides, the sending and receiving addresses of these transactions can potentially be associated with a person's identity in the real world.Visit Monero Website
What is Monero used for?
The creators of Monero have made a lot of effort to make their currency more secure.
The use of ring signatures. This technology allows you to "confuse" public keys and thus avoid the possibility of identification of any user of the system
One-time address generation
A unique protocol is used that to create a one-time addresses, which allows you to hide information about the recipient of the transaction, the balance of your account and others.
A unique protocol is used that creates one-time addresses, which allows you to hide information about the recipient of the transaction, the balance of your account and others.
How to prove Monero XMR payment?
To confirm the payment, you need to have a record of TXKEY, which is stored only in a local copy of your Monero wallet. If you have created several portfolios for the same address, you cannot use any other wallet to receive the TXKEY, which you will need to confirm the payment.
Monero transaction key
If you pay the subject and he claims that he did not receive the funds, you may need to prove to a third party. Monero is a private network, so you can't just indicate your transaction on the blockchain. However, it is possible to provide a TX key (transaction key), where if you are the owner of the account, you can check on it whether the money has arrived in your account or not.
Monero view key
Monero has public and private keys. The public one is used to generate a unique public key where funds will be sent, and the private is transferred to the recipient to unlock the funds.
How to use Monero (XMR)
A long-term investment in XMR with the expectation of it increasing in value. You can safely store your XMR in Guarda Wallet.
Instantly exchange Monero with the best XMR exchange rates. We offer many trading pairs for Monero trading through our exchange partners.
Guarda allows you to easily send XMR to anyone and anywhere with their Monero address.
Send you public Monero address to whoever you want and receive XMR from them.
Buy with SEPA
You can easily purchase Monero through our SEPA provider.
Learn more about Monero
You can read more detailed articles about Monero and blockchain as a whole in our Academy.
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