This looks more and more like Quarkcoin.
except its called Monero.
What a dumb name. It sounds like an underpowered sedan driven by senior citizens.
I wouldn't focus that much on the name, although I consider in class with Litecoin branding name.
What I would focus on is CryptoNote, do some research about it.
"Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips."
^ The statement here I consider in line with Monero and especially the CryptoNote protocol.
Anonymity is a wild goose chase. All electrical and broadcast communications are traceable. You can't change the laws of physics. Zerocoin sacrifices speed for additional layers of obfuscation. It will never be perfect anonymity, but it will be pretty good. Cryptonote started off sacrificing trustlessness for privacy. It appears it protocol may be evolving into something more like Zerocoin.
The CryptoNote 2.0 whitepaper's criticisms of Bitcoin are wishy-washy. The author wants to fix problems that don't exist. It creates a laundry list of things that are already planned improvements of Bitcoin. It's great to test these ideas, but not to promote them as an investment.