Most big coins are mined by warehouse machines.
@monero took a different path. On November 30, 2019, it switched to RandomX, a mining method built for ordinary computer processors, so a regular laptop or desktop can still mine it.
BitMonero was Monero's original 2014 name. BMR today is a homage coin.
@vikrantnyc Hey Vik, would love for you to check out what we are building!
We consider ourselves a coin that pays homage to the early days of Monero, while taking pride in informing people about todays Monero.
Since June 2022, @monero has issued a fixed 0.6 XMR every two minutes. That tail emission never ends, so miners still get a block reward even when fees are low.
By then the main emission had produced about 18.1 million XMR. New supply is now only about 0.8% a year, and that rate keeps falling.
Bitcoin works differently. Its supply caps at 21 million around 2140, and after that miners are paid by fees alone.
BitMonero was Monero's original 2014 name. BMR today is a homage coin.
This coin is really about informing people of the greatness of Monero, while also telling people about the history and lore of XMR. Join us for the ride, we are building a dedicated community that wants success for BMR & XMR alike!
Hahah why you so mad? We are trying to build a fun and informative community not just for BMR but for the XMR eco as a whole. Look at Baton or CashCat, both pay homage to the early names of great crypto companies.
Its okay to disagree but calling us a pump and dump is just wrong. ๐ข
BitMonero launched in 2014 with privacy built in.
Ring signatures hid who sent a payment by mixing it in with decoys.
Stealth addresses hid who received it by giving every payment a fresh one-time address.
In 2017, after the rename to @monero, RingCT hid the amount too.
solana:3gPdCDA88Y1Sjy9ELsquTe31MkkxfEjwxSqECk56NsZw keeps that original name alive.