EPISODE · Dec 27, 2017 · 23 MIN
How Does Monero Work?
from Siraj Raval
Monero is a cryptocurrency that enables private transactions. That means the sender, receiver, and transaction amount are not publicly viewable, unlike Bitcoin's blockchain. Monero's transactions stay private using the technology of ring signatures, ringCT, stealth addresses, and I2P routing. I'll explain how all of this works in this video. I do not condone the use of this technology for illegal transactions. This is powerful stuff, ideally, we start using this as a stepping stone towards a world where we get paid for our transactional data (and all the rest of our data). You'll find the jupyter notebook for this video and the associated code that I demo in the github link below. Code for this video: https://github.com/llSourcell/how_does_monero_work More learning resources: https://getmonero.org/ https://github.com/monero-project/monero https://www.monero.how/tutorial-how-to-use-the-monero-gui-wallet https://www.monero.how/tutorial-how-to-mine-monero https://99bitcoins.com/beginners-guide-to-monero/ Please Subscribe! And like. And comment. That's what keeps me going. Want more inspiration & education? Connect with me: Twitter: https://twitter.com/sirajraval Facebook: https://www.facebook.com/sirajology Instagram: https://www.instagram.com/sirajraval/ Join us in the Wizards Slack channel: http://wizards.herokuapp.com/ And please support me on Patreon: https://www.patreon.com/user?u=3191693
What this episode covers
Monero is a cryptocurrency that enables private transactions. That means the sender, receiver, and transaction amount are not publicly viewable, unlike Bitcoin's blockchain. Monero's transactions stay private using the technology of ring signatures, ringCT, stealth addresses, and I2P routing. I'll explain how all of this works in this video. I do not condone the use of this technology for illegal transactions. This is powerful stuff, ideally, we start using this as a stepping stone towards a world where we get paid for our transactional data (and all the rest of our data). You'll find the jupyter notebook for this video and the associated code that I demo in the github link below. Code for this video: https://github.com/llSourcell/how_does_monero_work More learning resources: https://getmonero.org/ https://github.com/monero-project/monero https://www.monero.how/tutorial-how-to-use-the-monero-gui-wallet https://www.monero.how/tutorial-how-to-mine-monero https://99bitcoins.com/beginners-guide-to-monero/ Please Subscribe! And like. And comment. That's what keeps me going. Want more inspiration & education? Connect with me: Twitter: https://twitter.com/sirajraval Facebook: https://www.facebook.com/sirajology Instagram: https://www.instagram.com/sirajraval/ Join us in the Wizards Slack channel: http://wizards.herokuapp.com/ And please support me on Patreon: https://www.patreon.com/user?u=3191693
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How Does Monero Work?
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