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Monero (XMR) is a decentralized, open-source cryptocurrency renowned for its strong emphasis on privacy and anonymity. Launched in 2014, Monero distinguishes itself from more transparent blockchains like Bitcoin by making user privacy the default and mandatory setting for all transactions. This focus on confidentiality has cultivated a dedicated community of users and developers, while also placing it at the center of debates surrounding financial privacy and its potential for illicit use.