diff --git a/knowledge-base/user-guides/index.md b/knowledge-base/user-guides/index.md index e7e7a286..1f1429cd 100644 --- a/knowledge-base/user-guides/index.md +++ b/knowledge-base/user-guides/index.md @@ -18,3 +18,4 @@ attribution: "" +--- + +When you send money to a party who then disputes the payment was made, you need to be able to prove the payment was made. + +With Bitcoin, this is typically done by looking up the transaction ID, where the origin and destination addresses are +shown, along with the amount transacted. + +Monero, however, is private: that information is not available publicly on the blockchain. The steps are therefore a bit +more involved. + +To prove to Charlie that she made a payment to Bob, Alice must supply Charlie three pieces of information: + +- the transaction ID, as is done in Bitcoin +- Bob's address, as is done with Bitcoin +- the transaction's key, which is new with Monero and other Cryptonote currencies + +When Alice made the transaction, a one time key was automatically generated just for this transaction. Alice can +query it thus in monero-wallet-cli (new name for the old simplewallet): + +> get_tx_key TXID + +Alice would plug in her actual transaction ID instead of this TXID placeholder. All being well, the one time transaction key +will be displayed. + +Note that this will only work if monero-wallet-cli is set to save transaction keys. To double check: + +> set + +If it's set to 0, set it to 1: + +> set store-tx-info 1 + +Alice can now send Charlie the transaction key along with transaction ID and Bob's address. + +Note: if several transactions were made, this needs repeating for each such transaction. + + +--- + +Charlie now received those three pieces of information, and wants to check Alice is telling the truth: on an up to date +blockchain, Charlie types in monero-wallet-cli: + +> check_tx_key TXID TXKEY ADDRESS + +The information supplied by Alice plugs neatly instead of the placeholders. monero-wallet-cli will use the transaction +key to decode the transaction, and display how much this particular transaction sent to this address. Obviously, +Charlie will want to double check with Bob the address is really his - same as with Bitcoin. + +Note: if several transactions were made, this needs repeating for each such transaction. + +