While many in the tech industry are familiar with Bitcoin and the many altcoins that have forked off its code base, fewer are aware of Monero. Monero is evolved from CryptoNote, which is a completely independent code base from Bitcoin emphasizing privacy as opposed to Bitcoin's transparent blockchain. Like Bitcoin, Monero is fully open source. The project is driven entirely by volunteers. The Monero team has developed further innovations over the CryptoNote code base making it the most private cryptocurrency ever, and the first in the world with true fungibility.