Please note: the guides below have been recently refreshed and are maintained almost up-to-date by the community. However, mMethods are often added / removed / updated and may not be accurately describedhere.
Methods are often added / removed / updated and may not be accurately described.
what-is-monero->electronic_para1
There areWith Monero, there are no wire transfer or check clearing fees, no multi-day holding periods, and no risk offraudulent chargebacks. It is safe from ‘capital controls’ - these are measures that restrict the flow of traBecause Monero is decentralized, it is not constrained by any particular legal jurisdictional currencies, sometimes to an extreme degree, in countries experiencing economic instability and provides safety from capital control.
With Monero, there are no wire transfer or check clearing fees, no multi-day holding periods, and no fraudulent chargebacks. Because Monero is decentralized, it is not constrained by any particular legal jurisdiction and provides safety from capital control.
faq->a8
No, Monero does not have a hard @block size limit. Instead, the block size can increase or decrease over time based on demand. It is capped at a certain growth rate to prevent outrageous growth (@scalability).
No, Monero does not have a hard @block size limit. Instead, the block size can increase or decrease over time based on demand. It is capped at a certain growth rate to prevent outrageous growth (@scalability).
faq->a4
Monero uses three different privacy technologies: @ring-signatures, ring confidential transactions (@RingCT), and @stealth-addresses. These hide the sender, amount, and receiver in the @transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.
Monero uses three different privacy technologies: @ring-signatures, ring confidential transactions (@RingCT), and @stealth-addresses. These hide the sender, amount, and receiver in the @transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.
what-is-monero->leading_para2
Monerouses cryptography to shield sending and receiving addresses, as well as transacted amount, on the other hand, uses various technologies to ensure the privacy of its users.
Monero, on the other hand, uses various technologies to ensure the privacy of its users.
about->decentralization_para
Monero is committed to providing the maximum amounthighest degree of decentralization. With Monero, you do not have to trust anyone else on in bothe network, and it is not run by any large group. An accessible “ security and code development. Its Proof of Work” algorithm makes it easy to mine Monero on normal computers, which makes it more difficult for someone to purchase a large amount of mining power. Nodes connect toprevents specialized mining hardware from dominating the network and allows for fair distribution of block rewards. Additionally, Monero's development and research other with I2P to lower the risks of revealing sensitive transaction information and censorship (tba). Development decisions are extremely clear andare conducted via global collaboration, and the project is carried out with utmost transparency. Each development decision is open to public discussion. D, and every major developer meeting logs areis published onlinein their entirety and visible by all.
Monero is committed to providing the highest degree of decentralization in both network security and code development. Its Proof of Work algorithm prevents specialized mining hardware from dominating the network and allows for fair distribution of block rewards. Additionally, Monero's development and research are conducted via global collaboration, and the project is carried out with utmost transparency. Each development decision is open to public discussion, and every major developer meeting is published online.
faq->a7
Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic @block size and dynamic fees, an ASIC-resistant proof of work (@randomx), and a @tailcoin-emission, among several other changes.
Monero is not based on Bitcoin. It is based on the CryptoNote protocol. Bitcoin is a completely transparent system, where people can see exactly how much money is being sent from one user to another. Monero hides this information to protect user privacy in all transactions. It also has a dynamic @block size and dynamic fees, an ASIC-resistant proof of work (@randomx), and a @tail-emission, among several other changes.
faq->q13
Is Monero magic and protects my privacy no matter what I do?
MostThe majority of existing @cryptocurrencies, including Bitcoin and Ethereum, have transparent @blockchains, meaning that t. Transactions are openlycan be verifiabled and/or traceabled by anyone in the world. Furthermore,This means that the sending and receiving @addresses ofor these @transactions maycould potentially be linkable to a person'sed to real-world identityies.
The majority of existing @cryptocurrencies, including Bitcoin and Ethereum, have transparent @blockchains. Transactions can be verified and/or traced by anyone in the world. This means that the sending and receiving @addresses of these @transactions could potentially be linked to real-world identities.
faq->a11
@Fungibility is a simple property of money such that there are no differences between two amounts of the same value. If two people exchanged a 10 and two 5’s, then no one would lose out. However, let’s suppose that everyone knows the 10 was previously used in a ransomware attack. Is the other person still going to make the trade? Probably not, even if the person with the 10 has no connection with the ransomware. This is a problem, since the receiver of money needs to constantly check the money they are receiving to not end up with tainted coins. Monero is fungible, which means people do not need to go through this effort.
@Fungibility is a simple property of money such that there are no differences between two amounts of the same value. If two people exchanged a 10 and two 5’s, then no one would lose out. However, let’s suppose that everyone knows the 10 was previously used in a ransomware attack. Is the other person still going to make the trade? Probably not, even if the person with the 10 has no connection with the ransomware. This is a problem, since the receiver of money needs to constantly check the money they are receiving to not end up with tainted coins. Monero is fungible, which means people do not need to go through this effort.
user-guides->qubes
CLI wallet/daemon isolatiHow to use Monero CLI/daemon with Qubes + Whonix
In Monero, every @transaction output is uniquely associated with a key image that can only be generated by the holder of that output. Key images that are used more than once are rejected by the miners as double-spends and cannot be added to a valid @block. When a new transaction is received, miners verify that the key image does not already exist for a previous transaction to ensure it's not a double-spend.
In Monero, every @transaction output is uniquely associated with a key image that can only be generated by the holder of that output. Key images that are used more than once are rejected by the miners as double-spends and cannot be added to a valid @block. When a new transaction is received, miners verify that the key image does not already exist for a previous transaction to ensure it's not a double-spend.
user-guides->import-blockchain
IHow to importing the Monero blockchain (advanced)
Implementation of @Bulletproofs to reduce transaction sizes
what-is-monero->confidential_para2
Monero is fungible. By virtue of obfuscation, Monero cannot become tainted through participation in previous transactions. This means Monero will always be accepted without the risk of censorshipBecause every transaction is private, Monero cannot be traced. This makes it a true, @fungible currency. Merchants and individuals accepting Monero do not need to worry about blacklisted or tainted coins.
Because every transaction is private, Monero cannot be traced. This makes it a true, @fungible currency. Merchants and individuals accepting Monero do not need to worry about blacklisted or tainted coins.
research-lab->mrl6_abstract
Users of the Monero cryptocurrency who wish to reuse wallet addresses in an unlinkable way must maintain separate wallets, which necessitates scanning incoming transactions for each one. We document a new address scheme that allows a user to maintain a single master wallet address and generate an arbitrary number of unlinkable subaddresses. Each transaction needs to be scanned only once to determine if it is destinated for any of the user’s subaddresses. The scheme additionally supports multiple outputs to other subaddresses, and is as efficient as traditional wallet transactions.
Users of the Monero cryptocurrency who wish to reuse wallet addresses in an unlinkable way must maintain separate wallets, which necessitates scanning incoming transactions for each one. We document a new address scheme that allows a user to maintain a single master wallet address and generate an arbitrary number of unlinkable subaddresses. Each transaction needs to be scanned only once to determine if it is destinated for any of the user’s subaddresses. The scheme additionally supports multiple outputs to other subaddresses, and is as efficient as traditional wallet transactions.
