Author: Monero Coin

Understanding Long Payment IDs in Monero Transactions

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

Technical Analysis of Monero’s Code Audits

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 impact of Monero on traditional financial institutions and regulators

The rise of Monero, a privacy-focused cryptocurrency, has the potential to disrupt and challenge traditional financial institutions and regulators in several ways.

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How to use monero wallet api

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

How to Generate a Monero Wallet Paper Offline for Maximum Security

Monero is a privacy-focused cryptocurrency that is often used for storing large amounts of value. One of the most secure ways to store Monero is to generate a paper wallet offline.

A paper wallet is a physical copy of your Monero wallet that is not stored on a computer or other electronic device. This makes it much more difficult for hackers to steal your funds. Read More

How to Use Monero Transaction Explorer to Verify Transactions and Confirmations

Monero Transaction Explorer is a website that allows you to verify Monero transactions and confirmations. To use it, you will need to know the transaction ID or the address of the sender or recipient.

Once you have the transaction ID or address, you can enter it into the search bar on the Monero Transaction Explorer website. The website will then display information about the transaction, including the sender, recipient, amount, and number of confirmations. Read More

How to Choose the Right XMR Mining Hardware for Your Needs

If you are interested in mining XMR, also known as Monero, you might be wondering what kind of hardware you need to get started. XMR is a privacy-focused cryptocurrency that uses a proof-of-work algorithm called RandomX, which is designed to be resistant to specialized mining devices such as ASICs. This means that you can mine XMR with your CPU or GPU, as long as they meet the minimum requirements.

We will explain the pros and cons of different types of XMR mining hardware, and how to choose the best one for your needs. We will also give you some tips on how to optimize your mining performance and profitability. Read More

How to Build Your Own XMR Mining Rig

If you are looking for a way to earn some passive income with your spare computing power, you might want to consider mining XMR, or Monero, a privacy-focused cryptocurrency that is resistant to ASICs and can be mined with CPUs and GPUs.

In this blog post, I will show you how to build your own XMR mining rig from scratch, with a budget of around $1000. Read More

Monero’s impact on the global economy and financial systems

Monero is a cryptocurrency that offers privacy and anonymity to its users. Unlike Bitcoin, which records every transaction on a public ledger, Monero uses cryptographic techniques to hide the identities of the sender, receiver, and amount of each transaction. Monero also has a dynamic block size and fee structure, which makes it more scalable and adaptable to changing market conditions.

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How Dual-Key Stealth Addresses Enhance Monero’s Privacy Features

Monero is a cryptocurrency that aims to provide strong privacy and anonymity for its users and transactions. Unlike Bitcoin, which uses a transparent ledger that reveals the sender, receiver, and amount of every transaction, Monero employs various cryptographic techniques to hide this information and protect the users from being traced or censored.

One of these techniques is stealth addresses. Stealth addresses create an additional layer of privacy by generating a one-time public key for each transaction. This means that the recipient of a Monero transaction cannot be linked to the transaction, even if the sender’s address is known. Read More