Monero (XMR) is a privacy-focused, peer-to-peer crypto currency designed to be untraceable and anonymous. The fact that there is a method that does not record our transaction information is a great blessing in the cryptocurrency world, although not with Bitcoin, but thanks to Monero!
A transaction on the Monero blockchain cannot be tied to a particular user or real identity because the cryptocurrency is fungible. This term describes a currency each unit of which is identical and mutually interchangeable with any other unit of that currency. So while bitcoin purchased on the darknet can be distinguished from bitcoin purchased on Coinbase through blockchain transaction analysis, two separate Monero coins look exactly the same and cannot be distinguished.
To ensure this protection, Monero relies on its own blockchain. This conceals the details of all transactions. The identity of the sender and the recipient and also the amount of the transaction is all-over masked.
