Monero is a privacy-focused cryptocurrency that can be used to send and receive payments without revealing the sender, recipient, or amount of the transaction. This makes it a valuable tool for promoting financial inclusion and equal access, as it can be used by people who are unable to access traditional financial services due to their personal circumstances or location. Read More
Monero transactions come with network fees.
We’ll describe Monero network fees, explaining what they are, how they work, and how to optimize them. Read More
Creating a Monero fee calculator involves some programming knowledge and access to real-time Monero network data.
Here’s a high-level overview of the steps to create one: Read More
To estimate the fee for a Monero transaction, you can use a Monero wallet that provides a fee estimation feature.
Follow these general steps:
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Monero, renowned for its robust privacy features, employs a unique approach to transaction fees, distinguishing it from other cryptocurrencies. Unlike fixed-fee structures, Monero’s fees are dynamic, adapting to the network’s current demands and the size of each transaction. This flexibility is crucial in maintaining Monero’s efficiency and scalability, especially given the larger transaction sizes due to its privacy enhancements. Read More
I will show you how to use a simple Python script to call an API and get the current price of Monero in US dollars. Read More
Long Payment IDs (LPIDs) were a feature of Monero transactions that allowed users to specify a unique identifier for a transaction. This identifier could be used to track the transaction and to prevent double-spending. LPIDs were 64-byte hexadecimal strings that were generated randomly. Read More
The technical analysis of Monero’s code audits reveals a comprehensive examination of its robust and complex system. Monero, known for its privacy and security features, undergoes regular audits to ensure its integrity and reliability. Read More
The rise of Monero, a privacy-focused cryptocurrency, has the potential to disrupt and challenge traditional financial institutions and regulators in several ways.
We will give an overview of the wallet API and show some examples of how to use it in different scenarios. We will assume that you have already installed the Monero software and have a running daemon and wallet RPC server. If you need help with setting up your environment, you can refer to the official documentation here. Read More