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Cryptocurrency

Atomic Units – Moneropedia

July 31, 2023 ZP Enterprises Webmin

The Basics Atomic Units refer to a minuscule fraction of 1 XMR. One atomic unit is currently 1e-12 XMR (0.000000000001 XMR, or one piconero). It may be changed in the…

Cryptocurrency

Tail Emission

July 31, 2023 ZP Enterprises Webmin

The Basics Monero block rewards will never drop to zero. Block rewards will gradually drop until tail emission commences at the end of May 2022. At this point, rewards will…

Cryptocurrency

Pedersen Commitment – Moneropedia

July 31, 2023 ZP Enterprises Webmin

The Basics Pedersen commitments are cryptographic algorithms that allow a prover to commit to a certain value without revealing it or being able to change it. When you spend Monero,…

Cryptocurrency

Transactions – Moneropedia

July 30, 2023 ZP Enterprises Webmin

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…

Cryptocurrency

Mnemonic Seed

July 30, 2023 ZP Enterprises Webmin

The Basics A 13 or 25-word phrase used to back up a Monero account, available in several languages. This 25-word phrase (13 words in the case of MyMonero) has all…

Cryptocurrency

Spend Key – Moneropedia

July 30, 2023 ZP Enterprises Webmin

The Basics Each account has one of the two pairs of private and public cryptographic keys, with the private spend key used to spend any funds in the account. In-depth…

Cryptocurrency

RandomX – Moneropedia

July 30, 2023 ZP Enterprises Webmin

RandomX is a Proof Of Work algorithm developed by Monero contributors and adopted by Monero from release 0.15. This innovative POW is optimized for CPUs and based on the execution…

Cryptocurrency

Pruning – Moneropedia

July 30, 2023 ZP Enterprises Webmin

‘Pruning’ allows Monero node operators to save 2/3 of storage space while keeping the full transaction history. Pruning works by removing 7/8 of unnecessary ring signature data. The 1/8 remaining…

Cryptocurrency

View Key – Moneropedia

July 30, 2023 ZP Enterprises Webmin

The Basics Each account has one of two sets of private and public cryptographic keys, with the private view key required to view all transactions related to the account. Monero…

Cryptocurrency

Moneropedia – Node

July 30, 2023 ZP Enterprises Webmin

The Basics A device on the Internet running the Monero software, with a full copy of the Monero blockchain, actively assisting the Monero network. A node not running on your…

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