Part 3/9:
Monero employs several innovative technologies:
Ring Signatures: These obscure the sender's identity by mixing the user's account keys with others, making it nearly impossible to pinpoint the actual sender.
Stealth Addresses: For every incoming transaction, a new, one-time address is created, further concealing the recipient's identity.
Ring Confidential Transactions (RingCT): This allows for the anonymity of transaction amounts, securing both sender and receiver identities without revealing actual values.
Currently, Monero is trading at around $161, with a market capitalization ranking it at number 30. However, it still lies approximately 68% below its all-time high of $518 recorded in May 2021.