Italo XTA

Rank #3480

$ 0.00025355

Italo Price (XTA)

Italo to USD Price Chart

Has the price of Italo (XTA) changed today?

As of today, the price of Italo (XTA) is $ 0.00025355, which has increased by +0.00% in the last 24 hours. The current trading volume over the same period is 1.5.

What is Italo (XTA)?

Italo (XTA) is a secure, private, untraceable cryptocurrency that is based on the CryptoNote protocol and leverages Monero technology. The focus of Italo is to provide robust privacy protections and enhanced security features, which make it a suitable choice for individuals who prioritize anonymity in their digital transactions.

Who created Italo?

The team behind Italo does not present an explicit list of founders or key members. This aligns with the project's commitment to privacy and anonymity. Just as with most of the cryptocurrencies that put emphasis on privacy, the creators of Italo prefer to remain anonymous.

How does Italo work?

Italo operates using the principles of the CryptoNote protocol, which focuses on privacy and decentralization. Transactions on the Italo network are untraceable thanks to ring signatures and stealth addresses, borrowed from Monero technology.

Ring signatures ensure transaction privacy by mixing the sender's input with a group of others, making it highly challenging to establish a link between each subsequent transaction. Stealth addresses add an additional layer of privacy by creating a one-time address for each transaction on behalf of the recipient.

What are some unique aspects of Italo?

Italo's primary uniqueness stems from its commitment to anonymity and security in digital transactions. It employs advanced privacy protection technologies to maintain the confidentiality of its users.

CryptoNote, an open-source technology underlying Italo, allows creating and signing messages on behalf of several parties, ensuring transaction untraceability.

In addition to this, Italo benefits from Monero's technology, employing ring signatures and stealth addresses, effectively shielding the identities of senders and recipients, as well as the transaction amounts.

How much Italo (XTA) is currently in circulation?

Currently, there are approximately 159.7M XTA coins in circulation.

How is the Italo network secured?

The security of the Italo network is ensured through its use of cryptographic technology. Italo uses CryptoNote's protocol that favors egalitarian computing, making it resistant to ASIC and therefore allowing a wider range of people to mine the coins, hence enhancing network security.

How valuable is Italo in the market?

In terms of market capitalization, Italo is ranked at position #3481 with a total market value of $ 40.5K.

Where can you purchase Italo (XTA)?

Italo (XTA) can be purchased on any of the exchanges included in the CREX24, TradeOgre list. Remember to do your research on the exchange you choose to ensure it is reputable and secure.

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