monero-site/technical-specs/index.md
rehrar a22d7eda73 OH MY GOSH THIS LOCALIZATION REIMPLEMENTATION TOOK FOREVER
- Deleted flippin' template directories (unnecessary now)
- Moved all cussin' HTML to root files instead of in _i18n folder (except for guides)
- Replaced all freakin' strings with liquid translation tags
- Added all Kevin' strings for each language already merged to their respective .yml files
- 40 seconds of testing before sending PR

Signed-off-by: rehrar <rehrar@tuta.io>
2018-05-26 16:32:58 -06:00

5.3 KiB

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No premine, no instamine, no token

  • Monero had no premine or instamine
  • Monero did not sell any token
  • Monero had no presale of any kind

Proof of Work

  1. CryptoNight
  2. may change in the future

Difficulty retarget

  1. every block
  2. based on the last 720 blocks, excluding 20% of the timestamp outliers

Block time

  1. 2 minutes
  2. may change in the future as long as emission curve is preserved

Block reward

  1. smoothly decreasing and subject to penalties for blocks greater than median size of the last 100 blocks (M100)
  2. see the latest block coinbase transaction amount for current reward

Block size

  1. dynamic, maximum of 2 * M100

Emission curve

  1. first, main curve: ~18.132 million coins by the end of May 2022
  2. then, tail curve: 0.6 XMR per 2-minute block, kicks in once main emission is done, translates to <1% inflation decreasing over time
  3. see charts and details

Max supply

  1. infinite

Sender privacy

  1. Ring signatures

Recipient privacy

  1. Stealth addresses

Amount obfuscation

  1. Ring confidential transactions