<p>Monero is a decentralized cryptocurrency, meaning secure digital cash powered by a network operated by its users. Transactions are confirmed by distributed consensus, and then immutably recorded on the blockchain. You are the bank - no one knows how much you have or how you spend it. </p>
<p>Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus, and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe. </p>
<p> Monero is fungible because it is private by default. This means no one can tell one Monero from another Monero and therefore your funds can't be blacklisted by exchanges or vendors.</p>
<p> Monero is fungible because it is private by default. In its current state, it is extremely unlikely that Monero will ever be blacklisted by exchanges or vendors due to its association in previous transactions.</p>