Category Archive : Tech

How Does RandomX Work?

RandomX is a proof-of-work (PoW) algorithm that was developed by the Monero (XMR) community to provide a more secure and decentralized mining process.

The RandomX algorithm is designed to be resistant to ASIC mining, which is a type of hardware specifically designed for mining cryptocurrencies. The goal of RandomX is to make it more difficult for a single entity or organization to gain control over the Monero network through mining. Read More

What Are Bulletproofs++?

Monero is a privacy-focused cryptocurrency that uses a variety of techniques to obscure the details of transactions, making it difficult to track the flow of funds. One of these techniques is bulletproofs, which are a type of cryptographic proof that allows Monero to verify the validity of transactions without revealing the sender, recipient, or amount of the transaction.

The original bulletproofs had a number of limitations, including large proof sizes and high computational overhead. This made them less efficient and less private than desired. Bulletproofs++ were introduced as an improved version of bulletproofs, offering several advantages over the original version.

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What are Ring Signatures?

Ring signatures are a type of digital signature used in cryptography to provide anonymity for the signer of a message or transaction. They are used in Monero to enhance the privacy of transactions by allowing a group of users to sign a message in such a way that it is not possible to determine which member of the group actually signed the message. Read More

How are Monero Transactions Validated?

Monero transactions are validated using a consensus mechanism called Proof of Work (PoW). PoW is a method of verifying transactions and adding them to the blockchain, where they are recorded and publicly visible. Read More

How Do Stealth Addresses Work?

Stealth addresses are a privacy feature used in Monero (XMR) to ensure that the recipient’s address remains hidden from the public eye. This protects the recipient’s privacy and prevents third parties from tracking the recipient’s transaction history. Read More