Complex sentence: Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is CryptoNight (64-bit CPU-only) PoW hash algorithm based on CryptoNote protocol and possesses significant algorithmic differences relating to blockchain obfuscation.
Split into simpler sentences: Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNight PoW hash algorithm, which comes from the CryptoNote protocol. It possesses significant algorithmic differences relating to blockchain obfuscation.