Monero Project

Monero is the leading cryptocurrency with a focus on private and censorship-resistant transactions

Most existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains, meaning that transactions are openly verifiable and traceable by anyone in the world. Furthermore, sending and receiving addresses for these transactions may potentially be linkable to a person's real-world identity. Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts.


Monero transactions are confidential and untraceable

Every Monero transaction, by default, obfuscates sending and receiving addresses as well as transacted amounts. This always-on privacy means that every Monero user's activity enhances the privacy of all other users, unlike selectively transparent cryptocurrencies (e.g. Z-Cash).

Monero is fungible

By virtue of obfuscation, Monero cannot become tainted through participation in previous transactions. This means Monero will always be accepted without the risk of censorship.

Monero blocksize is scalable

Monero is also decentralized due to the ASIC-resistant proof of work algorithm, therefore the network will never be controlled by a small number of entities. Important thing is that the blocksize is scalable so Monero will NEVER reach a transaction limit imposed by the blocksize.

Exantech contribution to Monero

Exantech Monero remote nodes

Exantech contribution to Monero development

The Monero software architecture allows for an easy way to use Monero without downloading the entire blockchain. This is called «using a remote node».

Essentially, your wallet program connects to someone else's monero (blockchain) program, a.k.a node, a.k.a. network service. How does it work? The open node addresses actually point to many different nodes — when you request one, one in the list is selected. So if it doesn't work once, just try again.

To use remote nodes with the Monero CLI:

./monero-wallet-cli --daemon-address monero.exan.tech:18081

Stagenet / Testnet remote nodes:

./monero-wallet-cli --daemon-address monero-stagenet.exan.tech:38081 --stagenet

./monero-wallet-cli --daemon-address monero-testnet.exan.tech:28081 --testnet

Monero via TOR:

torsocks ./monero-wallet-cli --daemon-address monero5sjoz5xmjn.onion:18081

or

torsocks ./monero-wallet-gui

While torsocks/torify is available on MacOSX/Linux, Windows users can use

https://github.com/cpatulea/TorCap2

Monero features

Fresh Codebase

Written from the ground up to deliver genuine privacy and anonymity. Not just another Bitcoin clone.

Stealth Addresses

Your wallet address never appears on the public blockchain. This means no one that knows your wallet address can see how rich you are or you spend.

Always-On Privacy

All transactions are confidential, which means every Monero user’s activity enhances the privacy of other users.

Untraceable

The source of funds for each transaction is concealed using established and proven ring signature cryptographic techniques. This is achieved without the need for a trusted setup, safeguarding against malicious currency fabrication.

Confidential Amounts

Transaction amounts are encrypted to prevent transactions from being traced by the amount sent.

High Security ED25519 Curve Encryption

Cutting edge Elliptic Curve Cryptography that protects your funds from theft.

Dynamic Blocksize

Transaction volume is not restricted by an arbitrary cap, ensuring transactions are processed quickly and inexpensively.

Asic Resistance

CryptoNight mining algorithm is resistant to special-purpose hardware that would result in unhealthy mining centralization.

View Key Auditing

Dual key system allows you to provide other computers or people with the ability to view your incoming funds without risk of theft.

Network Invisibility

Monero’s Kovri project encrypts and routes transactions through the I2P Invisible Internet Project nodes to protect you from network monitoring (coming soon).

Lightning Memory Mapped Database

Built on an ultra high performance, low memory footprint database developed by a core Monero contributor who worked on the NASA space shuttle.

Rapid, Efficient Node Interconnect

High performance, high scalability messaging protocol for node communication.

Light Wallets, Hardware Wallets

Monero supports both light wallet technology and will be available on future hardware wallet technology.

Openalias Identity

A Monero project that makes paying someone else as easy as knowing their email address (no complicated strings of random numbers and letters required).

Monero Research Lab

World class academic researchers that are pushing the frontier of what is possible with cryptocurrency privacy and security.

Grassroots Community

Over 240 developers have contributed to the Monero project. Forums and chat channels are welcoming and active.

Fungibility

Monero’s untraceability means that you do not have to fear that coins you receive are tainted by association with the activity of their previous owners.

Exchange Traded

Accepted widelity at exchanges, allowing you to get your funds in and out of Monero easily.