this post was submitted on 17 Jun 2023
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Monero Security (lemmy.one)
submitted 1 year ago by [email protected] to c/[email protected]
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What is a technical overview for how monero is different than bitcoin? What in its implementation makes transactions untraceable?

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[–] [email protected] 1 points 1 year ago

Ghe mining algo is called randomx and its designed to work best on CPUs. The transaction amounts are secured with RingCT, the receiver is secured by stealth addresses, and the sender is secured by selecting 15 decoy transactions from others while the real output is the 16th.