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

135 lines
5.3 KiB
Markdown

---
layout: custom
title: titles.technicalspecs
permalink: /technical-specs/index.html
---
<div class="about-monero">
<section class="container">
<div class="row">
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<div class="full col-xs-12">
<div class="info-block text-adapt">
<div class="row">
<div class="col">
<h3>No premine, no instamine, no token</h3>
</div>
</div>
<div>
<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>
</div>
<div class="row">
<div class="col">
<h3>Proof of Work</h3>
</div>
</div>
<div>
<ol>
<li>CryptoNight</li>
<li>may change in the future</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Difficulty retarget</h3>
</div>
</div>
<div>
<ol>
<li>every block</li>
<li>based on the last 720 blocks, excluding 20% of the timestamp outliers</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Block time</h3>
</div>
</div>
<div>
<ol>
<li>2 minutes</li>
<li>may change in the future as long as emission curve is preserved</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Block reward</h3>
</div>
</div>
<div>
<ol>
<li>smoothly decreasing and subject to penalties for blocks greater than median size of the last 100 blocks (M100)</li>
<li>see the <a href="https://moneroblocks.info/">latest block</a> coinbase transaction amount for current reward</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Block size</h3>
</div>
</div>
<div>
<ol>
<li>dynamic, maximum of 2 * M100</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Emission curve</h3>
</div>
</div>
<div>
<ol>
<li>first, main curve: ~18.132 million coins by the end of May 2022</li>
<li>then, tail curve: 0.6 XMR per 2-minute block, kicks in once main emission is done, translates to <1% inflation decreasing over time</li>
<li>see <a href="https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/">charts and details</a></li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Max supply</h3>
</div>
</div>
<div>
<ol>
<li>infinite</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Sender privacy</h3>
</div>
</div>
<div>
<ol>
<li>Ring signatures</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Recipient privacy</h3>
</div>
</div>
<div>
<ol>
<li>Stealth addresses</li>
</ol>
</div>
<div class="row">
<div class="col">
<h3>Amount obfuscation</h3>
</div>
</div>
<div>
<ol>
<li>Ring confidential transactions</li>
</ol>
</div>
</div>
</div>
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</div>
</section>
</div>