From ad5fc9626b5f39149c80726301a1e5fd94d56181 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?Piotr=20W=C5=82odarek?= Date: Sat, 18 Aug 2018 17:25:30 +0200 Subject: [PATCH] Update technical specification --- docs/technical-specs.md | 22 +++++++++++++--------- 1 file changed, 13 insertions(+), 9 deletions(-) diff --git a/docs/technical-specs.md b/docs/technical-specs.md index 543c303..d47cdfb 100644 --- a/docs/technical-specs.md +++ b/docs/technical-specs.md @@ -13,12 +13,14 @@ ## Proof of Work * CryptoNight -* may change in the future + * v0 since block height 0 + * v1 since block height 1546000 (forked on 2018-04-06) +* Changes every ~6 months to discourage ASIC-s ## Difficulty retarget * every block -* based on the last 720 blocks, excluding 20% of the timestamp outliers +* based on the last 720 blocks (24h), excluding 20% of the timestamp outliers ## Block time @@ -28,20 +30,20 @@ ## Block reward * smoothly decreasing and subject to penalties for blocks greater then median size of the last 100 blocks (M100) -* ~6 XMR as of Dec 2017; for the current reward check the coinbase transaction of the [latest block](https://moneroblocks.info/) +* ~4 XMR as of Aug 2018; for the current reward check the coinbase transaction of the [latest block](https://moneroblocks.info/) ## Block size * dynamic * maximum of two times the median size of the last 100 blocks (2 * M100) -* ~150KB as of Dec 2017; check [the latest block size](https://bitinfocharts.com/comparison/monero-size.html#3m) +* ~100KB as of Aug 2018; check [the latest block size](https://bitinfocharts.com/comparison/monero-size.html#3m) ## Emission curve ### Main emission * first, the main emission is about to produce ~18.132 million coins by the end of May 2022 -* as of Dec 2017 the emission is about 30 XMR per 10 minutes +* as of Aug 2018 the emission is about 20 XMR per 10 minutes * see [charts and details](https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/) ### Tail emission @@ -53,22 +55,24 @@ ## Max supply * ~18.132 million XMR + 0.6 XMR per 2 minutes -* technically infinite -* practically might be deflationary if accounted for lost coins +* technically infinite but practicaly deflationary if accounted for lost coins ## Sender privacy * ring signatures +* assurance: probabilistic / plausible deniability ## Recipient privacy * stealth addresses +* assurance: strong ## Amount privacy * ring confidential transactions +* assurance: strong ## IP address privacy -* not built in - please use TOR or I2P -* there is an ongoing effort to integrate I2P into Monero - the Kovri project +* there is an ongoing effort to integrate I2P into Monero - the [Kovri](https://github.com/monero-project/kovri) project +* assurance: none at the moment - please use TOR or I2P