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71
votes
2answers
10k views

What advantages does Monero offer that are not provided by other cryptocurrencies?

What are the advantages provided by using Monero compared with other popular cryptocurrencies such as Bitcoin? Specifically, what unique features does Monero have relating to privacy, PoW security ...
59
votes
3answers
8k views

How does Monero privacy and security compare to Zcash?

How does Monero privacy compare to Zcash? What are the key security risks associated with each design? Since important Monero improvements are in active development and Zcash has yet to launch, ...
49
votes
3answers
7k views

How is Monero compared to Dash?

There are 2 main privacy-centric Bitcoin-like payment blockchain and cryptocurrencies – Dash and Monero and are always being compared to one another. What are their similarities and differences?
47
votes
1answer
2k views

Why was I2P chosen over Tor for native Monero integration?

Tor is currently much more popular than I2P. Why was I2P chosen (Kovri project) over Tor for native Monero integration?
36
votes
3answers
3k views

Why are hard forks planned every 6 months?

As more code is written and the Monero technology advances (perhaps the pace of development will slow), will the need for biannual hard forks remain? Is there a particular purpose behind this?
35
votes
1answer
2k views

How vulnerable is Monero to Quantum Computing?

Elliptic curve cryptography, which is used in Monero, is vulnerable to QC. Would Monero be more vulnerable than Bitcoin, because the addresses contain public keys, not hashes of public keys? What ...
34
votes
4answers
16k views

What options are available for directly buying Monero with fiat currency?

What are options available to convert fiat currencies into Monero directly, without having to go through a Bitcoin transit hoop first? I am not looking for a recommendation for a particular service, ...
34
votes
1answer
30k views

Where is the blockchain saved, in windows?

I'm kind of mystified. Bitmonerod says it's up to date. I don't see anything in my monero folder that looks like a blockchain. I also searched, using the windows file explorer, for all files bigger ...
32
votes
3answers
338k views

How much CPU power to mine 1 coin a day?

I have been trying to calculate hashrates but it is a little confusing. I just want to get a general idea. What CPU / GPU would be required to solo mine 1 coin a day?
31
votes
1answer
14k views

Is there any way to construct a transaction manually?

With Bitcoin you can create an unsigned transaction, sign that transaction and then broadcast it. Is there anyway to do that with Monero? With all the fancy JSON, etc.
29
votes
4answers
26k views

What is the fastest way to synchronize the daemon?

Running the daemon without any modifications can take a long time to synchronize. Are there any faster options for synchronizing the daemon with the network?
28
votes
4answers
2k views

How much larger are Monero transactions compared to the average Bitcoin transaction?

We know that because of the way Monero's privacy works, transactions are larger than a Bitcoin one, but how much larger on average are they compared to Bitcoin transactions? How will this affect the ...
28
votes
2answers
7k views

How to Use Monero Multisignature Wallets (2/2 & 2/3)

Disclaimer: this is written for the pre-release version and for testing purposes only (at the present moment). Use at your own responsibility and don't play with big amounts. To test yourself, you ...
27
votes
3answers
7k views

What are the primary differences between Monero and Bitcoin?

Addressing each of the following factors, what are the major differences between Monero and Bitcoin? Privacy (including any limitations privacy may have on auditability) Scaling (including blockchain ...
27
votes
1answer
318 views

How would Monero verify transactions on a 2-way pegged sidechain?

From my understanding, in order to retrieve tokens on a side-chain, you would have to send your XMR to some address that would then be unlocked when you burn the side-chain tokens. How could Monero ...
26
votes
3answers
4k views

What are Fluffy Blocks?

I heard the term thrown around here and on Reddit, but I haven't found its definition anywhere. Could someone please clarify?
25
votes
2answers
2k views

Selective transparency in Monero vs Zcash

How does the view key functionalist in Monero compare to the view key functionality in Zcash? Does one system review more or less transaction details than the other? What are the differences?
25
votes
2answers
3k views

How to prove my Monero balance to the world?

Viewkey allow to disclose incoming txs. I need to solve a task of making transparent and provable address for our Monero funds. We are investment fund and this feature is mandatory for us.
25
votes
1answer
33k views

How can I use Monero without syncing the blockchain?

Suppose I have a computer that doesn't have a lot of storage space, or suppose I don't want to wait a while for the blockchain to be synced with my computer. What can I do to use Monero faster without ...
24
votes
6answers
8k views

What is fungibility and why does it matter?

Fungibility seems to be extremely important in the Monero world. Why does it matters for Monero and for the future of cryptocurrencies? Does any other cryptocurrency have that property? Does ...
24
votes
3answers
5k views

What is the purpose of the tail emission?

What is the purpose of the tail emission? How does it relate to dynamic block sizes and miners penalties?
23
votes
3answers
8k views

Does Monero have any mobile wallets available?

Mobile usage is growing very fast worldwide. Monero transactions should be easy to conduct from any device Does Monero have any Android or iOS wallets available? If there are no mobile wallets today,...
23
votes
3answers
7k views

What privacy or security trade offs are associated with not running your own full node?

If I choose to use a webwallet such as mymonero.com or connect to a Monero node run by someone else to make transactions, what are the unique privacy and security concerns I will face (compared to if ...
23
votes
3answers
767 views

Monero private key collision

Assuming a properly working RNG what are the chances of creating a Monero private key that is identical to one created by someone else (it corresponds and controls funds sent to the same XMR address)? ...
22
votes
2answers
4k views

Why did Monero choose LMDB over alternative database types?

Did the Monero development find LMDB architect and developer Howard Chu because of its interest in LMDB? Or was LMDB introduced to the Monero development team because of Howard Chu's interest in ...
21
votes
6answers
450 views

For newcomers to the Monero community, what can we do to help the project?

There are a lot of newcomers into the Monero community and I am sure many are interested in helping out where they can.
21
votes
3answers
2k views

If I saved my view key and spend key can I recover my wallet if my mnemonic seed is lost?

I accidentally deleted by my wallet file and mnemonic seed. Can I recover my wallet with my view key and spend key? If yes, then how do I do so?
21
votes
3answers
466 views

How many different developers have made contributions to Monero source code?

How many different developers have made commits to Monero source code? How does this level of developer contribution compare to other cryptocurrencies of a similar marketcap?
21
votes
2answers
3k views

Why was the block time changed from 1 to 2 minutes?

Faster block times lead to faster transaction confirmations. Why was the Monero block time changed from 1 to 2 minutes?
21
votes
2answers
2k views

What privacy issues did Monero have and still has?

Has there been any scientific research regarding the promised privacy and security of Monero? Have there been attacks on the Monero network in the past? If so, what has been done to combat those? ...
21
votes
3answers
24k views

What is an integrated address?

Some exchanges use integrated addresses, but what are they, and what are they useful for? Should they be used over regular addresses?
20
votes
4answers
1k views

Monero or Bitmonero?

If Monero is official name of this project, why is the name bitmonero still commonly used? Even the daemon is named bitmonerod. Are both names Monero or Bitmonero considered correct?
20
votes
3answers
222 views

Why are rich lists impossible to create for Monero?

What technical challenges prevent the creation of Monero rich lists? Without a rich list or transparent blockchain how can a business or charity publish proof of XMR reserves?
20
votes
2answers
31k views

Where can I find a description of the CryptoNight hash algorithm?

Where can I find a description of the CryptoNight hash algorithm? Both a thorough and ELI5 description of the hash algorithm would be appreciated
20
votes
1answer
371 views

Does Monero offer an equivalent of Check Lock Time Verify transactions?

Does Monero offer an equivalent of Check Lock Time Verify (CLTV) transactions? If not are there any major CryptoNote or RingCT specific obstacles that would prevent such a feature from being added in ...
20
votes
1answer
5k views

Approximate cost of developing Cryptonight ASICs

I have already seen reasons why Cryptonight is more resistant to ASICs as compared to SHA256 for example: Cryptonight takes advantage of the AES-NI instruction set available on most modern machines ...
20
votes
1answer
2k views

What is RingCT and how does it compare to Confidential Transactions?

What is RingCT and how does the addition of Ring Signatures enhance the privacy properties of RingCT compared to Confidential Transactions as designed by Greg Maxwell? https://people.xiph.org/~greg/...
20
votes
1answer
2k views

Understanding the structure of a Monero transaction

So I am trying to understand how Monero works under the hood, and I was looking at the transaction below. (If you would like to see it in your own daemon, switch to testnet and just type print_tx ...
19
votes
2answers
3k views

How was the Monero emission curve chosen?

The Monero block reward = (M - A) * 2-20 * 10-12, where A = current circulation. Approximately 86% of pre-tail Monero will be mined within 4 years of its launch. What was the stated rational of the ...
19
votes
3answers
14k views

What Ports Does Monero Use? (RPC, P2P, etc.)

What is the Monero P2P port? What is the Monero RPC port? What purposes do the different ports serve? Are there other ports Monero needs to have setup properly in order to use extra features?
19
votes
2answers
3k views

Why are Monero addresses so long?

A raw Monero address is 95 characters long compared to 26-34 characters for a Bitcoin address. Monero integrated address are even longer at 106 characters. What is the cryptographic reason that ...
19
votes
2answers
10k views

How does one go about setting up a mining pool?

There are already a number of mining pools out for Monero, are there instructions or software that people can use to set up their own mining pool?
19
votes
3answers
268 views

How will the temporal output alignment of ring partners (mixins) be addressed?

The Issue: If you only own outputs in a short span of blocks and you spend them, the mixin partners (the fake outputs / ring partners) will be different for each of the outputs and have a blockchain ...
19
votes
1answer
1k views

How can someone verify that the source downloaded from github is genuine?

When someone downloads the Monero source tree from github, there is a possible risk that this is not what the developers created. This could be MITM attacks, whether between developers and github or ...
19
votes
1answer
964 views

Can I fake a balance by giving the view key to an auditor but omitting some transactions and key images?

The viewkey can be used to see the outputs sent to my address, but not the outputs I generate when sending monero. If I need to know the balance I also need the private spendkey. It is suggested that ...
19
votes
1answer
3k views

ELI5: How does RingCT work?

Can someone explain simply how RingCT can make sure that a user has the specified amounts without seeing it? My mind starts to pause as soon as i see formulas on a whitepaper.
18
votes
11answers
49k views

Which type of hardware is the most efficient for mining Monero?

I'm not looking for any specific product recommendation, but I'm just curious in terms of type of hardware which has been proven as the most efficient in terms of mining Monero. Is it GPU, CPU, ASIC,...
18
votes
3answers
4k views

What is the difference between i2pd and Kovri?

I was looking through the contributors of Kovri, and saw that an account named Orignal had contributed a lot in the early days. Looking at his current projects, it appears that he is now working on ...
18
votes
2answers
202 views

Can simplewallet auto refresh?

Sometimes after I send a transaction, I like to use the "refresh" command so that I can see how many blocks (confirmations) have occurred for my transaction. Similarly, when I am expecting to receive ...
18
votes
1answer
22k views

How to change location of the Blockchain with monero GUI?

How can I set the daemon included with the GUI to sync the blockchain from a directory on a flash drive, rather than the default directory ?

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