It's an untraceable, decentralised, cryptographically private cryptocurrency. You can read more about it on the Monero website, and here's a talk I gave on Bitcoin and Monero privacy in the Netherlands recently:)
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fluffypony you are a Legend! I was an original Monero miner in 2014 back I suffered heavy losses in crypto. Arizona isn't a great place to mine! But it is ok. I'm getting back into crypto with Steemit. Monero is the one! Thank you for all you do!