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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[–] xFxD 5 points 1 year ago

I highly recommend reading about it from the official monero website https://www.getmonero.org/

[–] [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.

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

Check out the library on getmonero.org for some books/papers about high level overviews, and perhaps the series "breaking monero" on youtube if you want a depper dive. The monero research lab on matrix would be a good place to ask technical questions if you have them.