What is Monero?

According to Monero’s site: Monero is a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable. In this guide, we will see the mechanics behind Monero and see what makes it so special. Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on fungibility, privacy and decentralization. Monero uses an obfuscated public ledger, meaning  

anybody can broadcast or send transactions, but no outside observer can tell the source, amount or destination.

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