mirror of
https://github.com/monero-project/monero-docs.git
synced 2024-12-22 19:49:22 +00:00
248 lines
7.7 KiB
HTML
248 lines
7.7 KiB
HTML
|
<!DOCTYPE html>
|
||
|
|
<!--[if IE 8]><html class="no-js lt-ie9" lang="en" > <![endif]-->
|
||
|
|
<!--[if gt IE 8]><!--> <html class="no-js" lang="en" > <!--<![endif]-->
|
||
|
|
<head>
|
||
|
|
<meta charset="utf-8">
|
||
|
|
<meta http-equiv="X-UA-Compatible" content="IE=edge">
|
||
|
|
<meta name="viewport" content="width=device-width, initial-scale=1.0">
|
||
|
|
|
||
|
|
<meta name="author" content="Piotr 'Qertoip' Włodarek">
|
||
|
|
<link rel="shortcut icon" href="../img/favicon.ico">
|
||
|
|
<title>Technical Specs - Monero Docs</title>
|
||
|
|
<link href='https://fonts.googleapis.com/css?family=Lato:400,700|Roboto+Slab:400,700|Inconsolata:400,700' rel='stylesheet' type='text/css'>
|
||
|
|
|
||
|
|
<link rel="stylesheet" href="../css/theme.css" type="text/css" />
|
||
|
|
<link rel="stylesheet" href="../css/theme_extra.css" type="text/css" />
|
||
|
|
<link rel="stylesheet" href="../css/highlight.css">
|
||
|
|
|
||
|
|
<script>
|
||
|
|
// Current page data
|
||
|
|
var mkdocs_page_name = "Technical Specs";
|
||
|
|
var mkdocs_page_input_path = "Technical-Specs.md";
|
||
|
|
var mkdocs_page_url = "/Technical-Specs/";
|
||
|
|
</script>
|
||
|
|
|
||
|
|
<script src="../js/jquery-2.1.1.min.js"></script>
|
||
|
|
<script src="../js/modernizr-2.8.3.min.js"></script>
|
||
|
|
<script type="text/javascript" src="../js/highlight.pack.js"></script>
|
||
|
|
|
||
|
|
</head>
|
||
|
|
|
||
|
|
<body class="wy-body-for-nav" role="document">
|
||
|
|
|
||
|
|
<div class="wy-grid-for-nav">
|
||
|
|
|
||
|
|
|
||
|
|
<nav data-toggle="wy-nav-shift" class="wy-nav-side stickynav">
|
||
|
|
<div class="wy-side-nav-search">
|
||
|
|
<a href=".." class="icon icon-home"> Monero Docs</a>
|
||
|
|
<div role="search">
|
||
|
|
<form id ="rtd-search-form" class="wy-form" action="../search.html" method="get">
|
||
|
|
<input type="text" name="q" placeholder="Search docs" />
|
||
|
|
</form>
|
||
|
|
</div>
|
||
|
|
</div>
|
||
|
|
|
||
|
|
<div class="wy-menu wy-menu-vertical" data-spy="affix" role="navigation" aria-label="main navigation">
|
||
|
|
<ul class="current">
|
||
|
|
|
||
|
|
|
||
|
|
<li class="toctree-l1">
|
||
|
|
|
||
|
|
<a class="" href="..">Unofficial Monero Documentation</a>
|
||
|
|
</li>
|
||
|
|
|
||
|
|
<li class="toctree-l1">
|
||
|
|
|
||
|
|
<a class="" href="../Monero-Base58/">Base58</a>
|
||
|
|
</li>
|
||
|
|
|
||
|
|
<li class="toctree-l1">
|
||
|
|
|
||
|
|
<a class="" href="../Multisignature/">Multisignature</a>
|
||
|
|
</li>
|
||
|
|
|
||
|
|
<li class="toctree-l1">
|
||
|
|
|
||
|
|
<a class="" href="../Public-Address/">Public Address</a>
|
||
|
|
</li>
|
||
|
|
|
||
|
|
<li class="toctree-l1">
|
||
|
|
|
||
|
|
<a class="" href="../Subaddress/">Subaddress</a>
|
||
|
|
</li>
|
||
|
|
|
||
|
|
<li class="toctree-l1 current">
|
||
|
|
|
||
|
|
<a class="current" href="./">Technical Specs</a>
|
||
|
|
<ul class="subnav">
|
||
|
|
|
||
|
|
<li class="toctree-l2"><a href="#technical-specs">Technical Specs</a></li>
|
||
|
|
|
||
|
|
<ul>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#no-premine-no-instamine-no-token">No premine, no instamine, no token</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#proof-of-work">Proof of Work</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#difficulty-retarget">Difficulty retarget</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#block-time">Block time</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#block-reward">Block reward</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#block-size">Block size</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#emission-curve">Emission curve</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#max-supply">Max supply</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#sender-privacy">Sender privacy</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#recipient-privacy">Recipient privacy</a></li>
|
||
|
|
|
||
|
|
<li><a class="toctree-l3" href="#amount-obfuscation">Amount obfuscation</a></li>
|
||
|
|
|
||
|
|
</ul>
|
||
|
|
|
||
|
|
|
||
|
|
</ul>
|
||
|
|
</li>
|
||
|
|
|
||
|
|
</ul>
|
||
|
|
</div>
|
||
|
|
|
||
|
|
</nav>
|
||
|
|
|
||
|
|
<section data-toggle="wy-nav-shift" class="wy-nav-content-wrap">
|
||
|
|
|
||
|
|
|
||
|
|
<nav class="wy-nav-top" role="navigation" aria-label="top navigation">
|
||
|
|
<i data-toggle="wy-nav-top" class="fa fa-bars"></i>
|
||
|
|
<a href="..">Monero Docs</a>
|
||
|
|
</nav>
|
||
|
|
|
||
|
|
|
||
|
|
<div class="wy-nav-content">
|
||
|
|
<div class="rst-content">
|
||
|
|
<div role="navigation" aria-label="breadcrumbs navigation">
|
||
|
|
<ul class="wy-breadcrumbs">
|
||
|
|
<li><a href="..">Docs</a> »</li>
|
||
|
|
|
||
|
|
|
||
|
|
|
||
|
|
<li>Technical Specs</li>
|
||
|
|
<li class="wy-breadcrumbs-aside">
|
||
|
|
|
||
|
|
<a href="https://github.com/monerodocs/monerodocs/edit/master/docs/Technical-Specs.md"> Edit on monerodocs/monerodocs</a>
|
||
|
|
|
||
|
|
</li>
|
||
|
|
</ul>
|
||
|
|
<hr/>
|
||
|
|
</div>
|
||
|
|
<div role="main">
|
||
|
|
<div class="section">
|
||
|
|
|
||
|
|
<h1 id="technical-specs">Technical Specs</h1>
|
||
|
|
<h2 id="no-premine-no-instamine-no-token">No premine, no instamine, no token</h2>
|
||
|
|
<ul>
|
||
|
|
<li>Monero had no premine or instamine</li>
|
||
|
|
<li>Monero did not sell any token</li>
|
||
|
|
<li>Monero had no presale of any kind</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="proof-of-work">Proof of Work</h2>
|
||
|
|
<ul>
|
||
|
|
<li>CryptoNight</li>
|
||
|
|
<li>may change in the future</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="difficulty-retarget">Difficulty retarget</h2>
|
||
|
|
<ul>
|
||
|
|
<li>every block</li>
|
||
|
|
<li>based on the last 720 blocks, excluding 20% of the timestamp outliers</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="block-time">Block time</h2>
|
||
|
|
<ul>
|
||
|
|
<li>2 minutes</li>
|
||
|
|
<li>may change in the future as long as emission curve is preserved</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="block-reward">Block reward</h2>
|
||
|
|
<ul>
|
||
|
|
<li>~6 XMR as of Dec 2017, see the <a href="https://moneroblocks.info/">latest block</a> coinbase transaction amount for current reward</li>
|
||
|
|
<li>smoothly decreasing and subject to penalties for blocks greater then median size of the last 100 blocks (M100)</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="block-size">Block size</h2>
|
||
|
|
<ul>
|
||
|
|
<li>dynamic, maximum of two times median size of the last 100 blocks (2 * M100)</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="emission-curve">Emission curve</h2>
|
||
|
|
<p><strong>Main curve</strong></p>
|
||
|
|
<p>First, the main emission is about to produce ~18.132 million coins by the end of May 2022.</p>
|
||
|
|
<p>As of Dec 2017 the emission is about 30 XMR per 10 minutes.</p>
|
||
|
|
<p>See <a href="https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/">charts and details</a>.</p>
|
||
|
|
<p><strong>Tail curve</strong></p>
|
||
|
|
<p>The tail emission kicks in once main emission is done.</p>
|
||
|
|
<p>It will produce 0.6 XMR per 2-minute block.</p>
|
||
|
|
<p>This translates to <1% inflation decreasing over time.</p>
|
||
|
|
<h2 id="max-supply">Max supply</h2>
|
||
|
|
<ul>
|
||
|
|
<li>infinite</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="sender-privacy">Sender privacy</h2>
|
||
|
|
<ul>
|
||
|
|
<li>Ring signatures</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="recipient-privacy">Recipient privacy</h2>
|
||
|
|
<ul>
|
||
|
|
<li>Stealth addresses</li>
|
||
|
|
</ul>
|
||
|
|
<h2 id="amount-obfuscation">Amount obfuscation</h2>
|
||
|
|
<ul>
|
||
|
|
<li>Ring confidential transactions</li>
|
||
|
|
</ul>
|
||
|
|
|
||
|
|
</div>
|
||
|
|
</div>
|
||
|
|
<footer>
|
||
|
|
|
||
|
|
<div class="rst-footer-buttons" role="navigation" aria-label="footer navigation">
|
||
|
|
|
||
|
|
|
||
|
|
<a href="../Subaddress/" class="btn btn-neutral" title="Subaddress"><span class="icon icon-circle-arrow-left"></span> Previous</a>
|
||
|
|
|
||
|
|
</div>
|
||
|
|
|
||
|
|
|
||
|
|
<hr/>
|
||
|
|
|
||
|
|
<div role="contentinfo">
|
||
|
|
<!-- Copyright etc -->
|
||
|
|
|
||
|
|
</div>
|
||
|
|
|
||
|
|
Built with <a href="http://www.mkdocs.org">MkDocs</a> using a <a href="https://github.com/snide/sphinx_rtd_theme">theme</a> provided by <a href="https://readthedocs.org">Read the Docs</a>.
|
||
|
|
</footer>
|
||
|
|
|
||
|
|
</div>
|
||
|
|
</div>
|
||
|
|
|
||
|
|
</section>
|
||
|
|
|
||
|
|
</div>
|
||
|
|
|
||
|
|
<div class="rst-versions" role="note" style="cursor: pointer">
|
||
|
|
<span class="rst-current-version" data-toggle="rst-current-version">
|
||
|
|
|
||
|
|
|
||
|
|
<span><a href="../Subaddress/" style="color: #fcfcfc;">« Previous</a></span>
|
||
|
|
|
||
|
|
|
||
|
|
</span>
|
||
|
|
</div>
|
||
|
|
<script>var base_url = '..';</script>
|
||
|
|
<script src="../js/theme.js"></script>
|
||
|
|
<script src="../search/require.js"></script>
|
||
|
|
<script src="../search/search.js"></script>
|
||
|
|
|
||
|
|
</body>
|
||
|
|
</html>
|