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Monero

Finance and Accounting

A decentralized cryptocurrency launched in 2014 that emphasizes privacy and untraceability through technologies like ring signatures, stealth addresses, and confidential transactions that obscure sender, receiver, and transaction amount. Unlike Bitcoin, whose blockchain is fully transparent, Monero is designed so transaction details are not publicly visible. It is used by privacy-focused individuals and has drawn regulatory scrutiny due to its use in illicit transactions.

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