Monero is all about secure, private, and instant cash for a connected world. With this private digital currency, you are, essentially, your own bank. It allows you to spend your money safely with the full knowledge that other people cannot track your activity or see your account balances.
As a decentralized cryptocurrency, Monero is secure digital cash run by a network of users. Distributed consensus confirms transactions and records them on the blockchain. You do not need to trust third parties to keep your Moreno safe. The network uses stealth addresses, confidential transactions, and ring signatures to obscure the destinations, amounts, and origins of all financial transactions.
Monero is private by default; therefore, exchanges and vendors cannot blacklist units of the cryptocurrency because of their connection to previous transactions. Essentially, it is fungible.