當蒙羅（Monero）慶祝其11歲生日時，加密貨幣發現自己在十字路口

從成為數字融資隱私的旗桿，到面對越來越多的監管挑戰，Monero的旅程真是令人動盪。

Monero, the privacy-focused cryptocurrency, is celebrating its 11th birthday this year. The coin has come a long way since its creation in 2012, but it faces an uncertain future as regulatory pressure mounts and the cryptocurrency market faces broader challenges.

以隱私為重點的加密貨幣蒙羅羅（Monero）慶祝今年的11歲生日。自2012年創建以來，硬幣已經走了很長一段路，但是隨著監管壓力的支配和加密貨幣市場面臨更廣泛的挑戰，它面臨著不確定的未來。

From Being the Flagbearer of Privacy in Digital Finance to Facing Mounting Regulatory Challenges, Monero's Journey Has Been Nothing Short of Tumultuous. Let's Take a Closer Look at the 11-Year Odyssey of Monero.

從成為數字融資隱私的旗桿，到面對越來越多的監管挑戰，Monero的旅程真是令人動盪。讓我們仔細看看Monero的11年奧德賽。

The Birth of Monero: A Privacy Revolution

蒙羅（Monero）的誕生：一場隱私革命

Monero was born out of a disagreement within the community of Bytecoin, the first-ever cryptocurrency based on the CryptoNote protocol. While Bytecoin had its own vision, the creators of Monero felt that it wasn't moving in the direction that aligned with the true promise of decentralization and privacy. This led them to create a fork, launching Monero in February 2012.

蒙羅（Monero）出生於Bytecoin社區中的分歧，Bytecoin社區是基於加密頓協議的第一個加密貨幣。雖然Bytecoin具有自己的願景，但Monero的創建者認為，它並沒有朝著與權力下放和隱私的真正承諾保持一致的方向。這導致他們創建了一個叉子，並於2012年2月推出了Monero。

Monero quickly gained attention for its advanced privacy features. Unlike Bitcoin, which can be traced through blockchain explorers, Monero aimed to provide complete anonymity to its users. It introduced features like ring signatures and stealth addresses, which helped to obfuscate transactions and shield users' identities. These innovations made Monero the go-to choice for individuals who were seeking to maintain their financial privacy in the digital age, especially during the bull market of 2017.

蒙羅（Monero）因其高級隱私功能而迅速引起了人們的關注。與可以通過區塊鏈探險家追踪的比特幣不同，Monero旨在為其用戶提供完全的匿名性。它引入了戒指簽名和隱身地址等功能，這有助於使交易和屏蔽用戶的身份掩蓋。這些創新使Monero成為試圖在數字時代保持財務隱私的個人，尤其是在2017年牛市中。

At that time, Monero’s emphasis on privacy and anonymity quickly established it as a dominant figure in the world of altcoins. It also drew interest among libertarians, privacy advocates, and those with a deep interest in cyberpunk culture. At its peak, Monero reached an all-time high of $542 in January 2018, ranking 13th in terms of market capitalization and boasting a growing user base and a dedicated community. But as quickly as it ascended, Monero's journey was about to face serious hurdles.

當時，蒙羅（Monero）對隱私和匿名性的重視很快將其確立為Altcoins界的主要人物。它還引起了自由主義者，隱私倡導者以及對賽博朋克文化深感興趣的人們的興趣。在其頂峰時，蒙羅（Monero）在2018年1月達到了542美元的歷史最高高點，就市值而言，排名第13位，並擁有不斷增長的用戶群和專門的社區。但是，隨著登上它的速度，蒙羅羅的旅程即將面臨嚴重的障礙。

At a glance: Monero price in 2023

一目了然：2023年的Monero價格

* Beginning of year: $144

*年初：$ 144

* High of year: $280 (January)

*高年級：280美元（一月）

* Low of year: $126 (March)

*低年份：$ 126（3月）

* End of year: $134 (last updated December 28)

*年底：134美元（最後一次更新12月28日）

* Monero price now: $133 (last updated December 28)

* Monero價格現在：$ 133（最後一次更新12月28日）

* Monero all-time high: $542 (January 2018)

* Monero歷史最高高：$ 542（2018年1月）

Monero's journey - a timeline

Monero的旅程 - 時間表

* 2011: Bytecoin, the first coin based on the CryptoNote protocol, launched.

* 2011年：Bytecoin是基於加密頓協議的第一枚硬幣。

* 2012: Monero launched as a fork of Bytecoin. It quickly gained attention for its advanced privacy features, offering complete anonymity to its users.

* 2012年：Monero作為Bytecoin的叉子發射。它因其高級隱私功能而迅速引起了人們的關注，並向其用戶提供了完全的匿名性。

* 2014: Monero completed its first hard fork, introducing new features and making the coin more efficient.

* 2014年：Monero完成了其第一個硬叉，引入了新功能並提高了硬幣。

* 2017: Monero began to face regulatory pressure as several countries began cracking down on privacy coins. South Korea banned privacy coins entirely, while the US and EU also imposed restrictions.

* 2017年：隨著幾個國家開始打擊隱私硬幣，蒙羅開始面臨監管壓力。韓國完全禁止隱私硬幣，而美國和歐盟也施加了限制。

* 2018: Several major cryptocurrency exchanges, including Coinbase and Kraken, delisted Monero in certain jurisdictions due to regulatory pressures.

* 2018年：包括Coinbase和Kraken在內的幾次主要加密貨幣交易所因監管壓力而在某些司法管轄區中劃分了Monero。

* 2019: Monero completed its second major hard fork, introducing the Monero View Chain and Batch Transactions to improve performance and scalability.

* 2019年：Monero完成了第二個主要硬叉，引入了Monero View鍊和批處理交易，以提高性能和可伸縮性。

* 2020: Monero launched version 0.17 of its software, introducing new privacy-enhancing features and making the coin more resistant to quantum computing attacks.

* 2020年：Monero啟動了其軟件的0.17版，引入了新的隱私增強功能，並使硬幣對量子計算攻擊具有更大的抵抗力。

* 2021: Monero completed its third major hard fork, introducing new transaction types and optimisations for performance and efficiency.

* 2021：Monero完成了其第三個主要硬叉，引入了新的交易類型和績效和效率的優化。

* 2022: Monero continues to be developed and maintained by a passionate community of developers and volunteers. It remains one of the most popular and used privacy coins in the cryptocurrency market.

* 2022年：Monero繼續由一個充滿激情的開發商和志願者社區開發和維護。它仍然是加密貨幣市場中最受歡迎和使用的隱私硬幣之一。

The threat of regulation

監管的威脅

As Monero's popularity grew, so did scrutiny from regulatory bodies around the world. The rise of cryptocurrencies as legitimate financial assets was seen as a threat by governments and regulators who were interested in ensuring transparency in financial transactions.

隨著Monero的受歡迎程度越來越大，對世界各地的監管機構的審查也是如此。加密貨幣作為合法金融資產的興起被認為是有興趣確保金融交易透明度的政府和監管機構的威脅。

Cryptocurrencies like Bitcoin, though often touted as "pseudo-anonymous," still offer some level of traceability, especially through public blockchain explorers. However, Monero's privacy features made it nearly impossible to trace transactions, which drew the attention of financial regulators who were concerned about illicit activity.

像比特幣這樣的加密貨幣雖然經常被吹捧為“偽匿名”，但仍然具有一定程度的可追溯性，尤其是通過公共區塊鏈探險家。但是，Monero的隱私功能幾乎無法追踪交易，這引起了關注非法活動的金融監管機構的注意。

In several countries, including the United States, the European Union, and South Korea, regulators began to crack down on privacy coins, and Monero was at the forefront of these discussions. For example, South Korea went as far as to impose a blanket ban on privacy coins, which ultimately led to several major cryptocurrency exchanges, such as Coinbase and Kraken, delisting Monero in certain jurisdictions. This move was a setback for Monero,

在包括美國，歐盟和韓國在內的幾個國家中，監管機構開始打擊隱私硬幣，而Monero處於這些討論的最前沿。例如，韓國甚至對隱私硬幣施加了毯子禁令，這最終導致了幾次主要的加密貨幣交易所，例如Coinbase和Kraken，在某些司法管轄區中脫穎而出。此舉是Monero的挫折，