当蒙罗（Monero）庆祝其11岁生日时，加密货币发现自己在十字路口

从成为数字融资隐私的旗杆，到面对越来越多的监管挑战，Monero的旅程真是令人动荡。

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.

以隐私为重点的加密货币蒙罗罗（Monero）庆祝今年的11岁生日。自2012年创建以来，硬币已经走了很长一段路，但是随着监管压力的支配和加密货币市场面临更广泛的挑战，它面临着不确定的未来。

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.

从成为数字融资隐私的旗杆，到面对越来越多的监管挑战，Monero的旅程真是令人动荡。让我们仔细看看Monero的11年奥德赛。

The Birth of Monero: A Privacy Revolution

蒙罗（Monero）的诞生：一场隐私革命

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.

蒙罗（Monero）出生于Bytecoin社区中的分歧，Bytecoin社区是基于加密顿协议的第一个加密货币。虽然Bytecoin具有自己的愿景，但Monero的创建者认为，它并没有朝着与权力下放和隐私的真正承诺保持一致的方向。这导致他们创建了一个叉子，并于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.

蒙罗（Monero）因其高级隐私功能而迅速引起了人们的关注。与可以通过区块链探险家追踪的比特币不同，Monero旨在为其用户提供完全的匿名性。它引入了戒指签名和隐身地址等功能，这有助于使交易和屏蔽用户的身份掩盖。这些创新使Monero成为试图在数字时代保持财务隐私的个人，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.

当时，蒙罗（Monero）对隐私和匿名性的重视很快将其确立为Altcoins界的主要人物。它还引起了自由主义者，隐私倡导者以及对赛博朋克文化深感兴趣的人们的兴趣。在其顶峰时，蒙罗（Monero）在2018年1月达到了542美元的历史最高高点，就市值而言，排名第13位，并拥有不断增长的用户群和专门的社区。但是，随着登上它的速度，蒙罗罗的旅程即将面临严重的障碍。

At a glance: Monero price in 2023

一目了然：2023年的Monero价格

* Beginning of year: $144

*年初：$ 144

* High of year: $280 (January)

*高年级：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（最后一次更新12月28日）

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

* Monero价格现在：$ 133（最后一次更新12月28日）

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

* Monero历史最高高：$ 542（2018年1月）

Monero's journey - a timeline

Monero的旅程 - 时间表

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

* 2011年：Bytecoin是基于加密顿协议的第一枚硬币。

* 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作为Bytecoin的叉子发射。它因其高级隐私功能而迅速引起了人们的关注，并向其用户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完成了其第一个硬叉，引入了新功能并提高了硬币。

* 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：随着几个国家开始打击隐私硬币，蒙罗开始面临监管压力。韩国完全禁止隐私硬币，而美国和欧盟也施加了限制。

* 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在内的几次主要加密货币交易所因监管压力而在某些司法管辖区中划分了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完成了第二个主要硬叉，引入了Monero View链和批处理交易，以提高性能和可伸缩性。

* 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启动了其软件的0.17版，引入了新的隐私增强功能，并使硬币对量子计算攻击具有更大的抵抗力。

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

* 2021：Monero完成了其第三个主要硬叉，引入了新的交易类型和绩效和效率的优化。

* 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继续由一个充满激情的开发商和志愿者社区开发和维护。它仍然是加密货币市场中最受欢迎和使用的隐私硬币之一。

The threat of regulation

监管的威胁

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.

随着Monero的受欢迎程度越来越大，对世界各地的监管机构的审查也是如此。加密货币作为合法金融资产的兴起被认为是有兴趣确保金融交易透明度的政府和监管机构的威胁。

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.

像比特币这样的加密货币虽然经常被吹捧为“伪匿名”，但仍然具有一定程度的可追溯性，尤其是通过公共区块链探险家。但是，Monero的隐私功能几乎无法追踪交易，这引起了关注非法活动的金融监管机构的注意。

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,

在包括美国，欧盟和韩国在内的几个国家中，监管机构开始打击隐私硬币，而Monero处于这些讨论的最前沿。例如，韩国甚至对隐私硬币施加了毯子禁令，这最终导致了几次主要的加密货币交易所，例如Coinbase和Kraken，在某些司法管辖区中脱颖而出。此举是Monero的挫折，