The Monero @blockchain is always growing so there is no fixed size. As of 20212, the full blockchain is around 95140-1050GB. A pruned blockchain is about 350GB. Check out Moneropedia entry @pruning to learn the difference between a full and a pruned blockchain.
The Monero @blockchain is always growing so there is no fixed size. As of 2022, the full blockchain is around 140-150GB. A pruned blockchain is about 50GB. Check out Moneropedia entry @pruning to learn the difference between a full and a pruned blockchain.
faq->ahf1
The dev community and the Core Team agree that the protocol is stable and mature enough and biannual hard forks are not necessary anymore. Furthermore, the ecosystem around Monero has grown exponentially during the years and frequent protocol changes would be increasingly hard to coordinate, could be detrimental to the growth of the ecosystem and to the user experience. Cherry on the top, the new algorithm @RandomX is ensuring long term ASIC-resistance, so regular changes are not needed anymore. Network upgrades will still be used to add important protocol improvements and consensus changes, but at a lower and less strict frequency (every 9-12 months). The last hard fork was on OctoberAugust 183th 20202.
The dev community and the Core Team agree that the protocol is stable and mature enough and biannual hard forks are not necessary anymore. Furthermore, the ecosystem around Monero has grown exponentially during the years and frequent protocol changes would be increasingly hard to coordinate, could be detrimental to the growth of the ecosystem and to the user experience. Cherry on the top, the new algorithm @RandomX is ensuring long term ASIC-resistance, so regular changes are not needed anymore. Network upgrades will still be used to add important protocol improvements and consensus changes, but at a lower and less strict frequency (every 9-12 months). The last hard fork was on August 13th 2022.
Miners process transactions on the Monero network by @mining blocks. The miner of a @block is paid the constant block reward of .6 XMR, and the @transaction fees of the users who have transactions in that block. Monero has the block reward rather than relying solely on the transaction fees to give the miners incentive to keep securing the network with their hashrate, and keep transaction fees low.
The @tail-emission caused by this constant block reward creates an inflation rate of less than 1% which trends towards 0% over time. The fixed emission of the currency ensures human corruption cannot over inflate the supply. Keeping the network predictable, decentralized, and secure.
mining->hardwarep
Monero can be mined on both CPUs and GPUs, but the latter is much less efficient than the former. You can get an idea of how your hardware performs compared to others, using <a href="https://monerobenchmarks.info/">monerobaxmrig.com/benchmark">xmrig benchmarks page</a> (some results might be out of date).
Monero can be mined on both CPUs and GPUs, but the latter is much less efficient than the former. You can get an idea of how your hardware performs compared to others, using <a href="https://xmrig.com/benchmark">xmrig benchmarks page</a> (some results might be out of date).
what-is-monero->leading_para2
Monero, on the other hand, uses various privacy-enhancingtechnologies to ensure the anonymitprivacy of its users.
