Monero has announced the release of its GUI 0.18.3.2 “Fluorine Fermi”. This new version includes support for the Trezor Safe 3, improvements to Tails, and various bug fixes. Users are encouraged to update their wallets to this latest version.

Refer to the official tweet by XMR:

XMR Info

Monero XMR is a digital cryptocurrency that was created in April 2014. Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNote protocol and has significant algorithmic differences in blockchain obfuscation. The focus of Monero is on privacy, decentralization, and scalability.

One of the major features of Monero is its commitment to privacy. Monero uses ring signatures and stealth addresses to obfuscate the details of transactions, including the identities of the sender and recipient, and the amount of each transaction. Ring signatures enable a sender to hide their identity from other participants in a group. Stealth addresses are randomly generated, one-time addresses created for each transaction on behalf of the recipient.

Because of these privacy features, Monero has developed a somewhat controversial reputation because it can be used for transactions on the dark web, where users want to remain completely anonymous. However, this does not detract from the potential legitimate uses of the currency. For instance, businesses can use Monero to make confidential transactions, and individuals may choose it for its privacy features as well.

In conclusion, Monero is an open-source cryptocurrency that prioritizes privacy and decentralization. While it has seen some controversy due to its extensive privacy features, it remains an important part of the cryptocurrency landscape, especially for those who value transactional privacy.