mirror of
https://github.com/monero-project/monero-site.git
synced 2024-12-28 22:49:28 +00:00
41 lines
1.7 KiB
Markdown
41 lines
1.7 KiB
Markdown
---
|
|
summary: 'a cryptographically signed container that details the transfer of Monero to a recipient (or recipients)'
|
|
terms: ["transaction", "transactions"]
|
|
---
|
|
|
|
{% include disclaimer.html translated="no" translationOutdated="no" %}
|
|
|
|
### The Basics
|
|
|
|
A cryptographically signed container that details the transfer of Monero to
|
|
a recipient (or recipients).
|
|
|
|
The parameters of a transaction contain one or more recipient addresses with
|
|
corresponding amounts of funds and a @ring-size parameter that specifies the
|
|
number outputs bound to the transaction. The more outputs that are used, a
|
|
higher degree of obfuscation is possible, but that comes with a cost. Since
|
|
a transaction gets larger with more outputs, the transaction fee will be
|
|
higher.
|
|
|
|
It is possible to form a transaction offline, which offers additional
|
|
privacy benefits.
|
|
|
|
A transaction can be uniquely identified with the use of an optional
|
|
Transaction ID, which is usually represented by a 32-byte string (64
|
|
hexadecimal characters).
|
|
|
|
### In-depth Information
|
|
|
|
Every transaction involves two keys: a public @spend-key, and a public
|
|
@view-key. The destination for an output in a transaction is actually a
|
|
one-time public key computed from these two keys.
|
|
|
|
When a wallet is scanning for incoming transactions, every transaction is
|
|
scanned to see if it is for "you". This only requires your private view key
|
|
and your public spend key, and this check is immutable and cannot be
|
|
faked. You cannot receive transactions and identify them without a
|
|
corresponding private view key.
|
|
|
|
In order to spend the funds you have to compute a one-time private spend key
|
|
for that output. This is almost always done automatically by the Monero
|
|
Wallet software.
|