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Share Your Experience: Take the 2024 Developer Survey
20 votes
Accepted

Are Monero Transaction Anonymous?

Short answer: yes, it will be anonymous Long answer: The following applies to all Cryptonote based coins, unless stated otherwise: On the blockchain, all addresses are one time addresses. In ...
user36303's user avatar
  • 786
10 votes
Accepted

Bitcoin migrating to a ASIC resistant mining algorithm like RandomX used on Monero

The bitcoin community would have to decide that they don't particularly care about having significant security anymore. ASIC-resistance weakens the security of proof of work chains because it ...
David Schwartz's user avatar
6 votes
Accepted

What database engine does Bitcoin and other top altcoins use?

It depends on the implementation. The network itself does not have a database engine. Bitcoin Core and software derived from it (most altcoin software is derived from Core) uses LevelDB to index the ...
Ava Chow's user avatar
  • 70.8k
5 votes

What are main advantages of Bitcoin over Monero?

So, what would be the main advantage of Bitcoin over Monero? Bitcoin is more scalable. Monero inherently requires every full node to maintain an ever-growing database of spent outputs, and is many ...
Pieter Wuille's user avatar
5 votes
Accepted

Would it be possible to do atomic swaps with Monero and Bitcoin?

To do an atomic swap, you essentially need two things: The ability to do 2-of-2 multisignatures. Basically every cryptocurrency supports this, including Bitcoin and Monero, though with varying ...
Andrew Poelstra's user avatar
4 votes
Accepted

Does Bitcoin + mixers = Monero?

No. Monero's ring signatures draw on Monero's complete TXO set to create a larger anonymity set. Monero's method has the disadvantage that since it is unclear which TXO were actually spent, they can ...
Murch's user avatar
  • 75.7k
3 votes

Difference between Monero, Dash and Zcash

Monero - A cryptocurrency that uses ring signatures, a type of cryptography that enables untraceable transactions. It is extremely unlikely that a transaction can be traced to a particular user. ...
user2716556's user avatar
3 votes

what are chaff coins in cryptocurrency?

The term is used specifically in Monero's ring signature based spending scheme. Monero transactions do not exactly specify which previous outputs are being spent. Instead, a list of alternative ...
Pieter Wuille's user avatar
3 votes

GPU mining slows down my ubuntu

Mining on a cpu at all is a bad idea, it can and will wear the cpu down, and is ridiculously slow compared to a gpu. Also mining with an Nvidia card isn't the smartest thing either as they are much ...
Dylan Ireland's user avatar
2 votes

GPU mining slows down my ubuntu

Just purchase a second computer specifically for Monero mining, and don't even run the GUI (Unity). If your mining efforts aren't profitable enough to warrant a dedicated computer, then you probably ...
Jestin's user avatar
  • 8,812
2 votes
Accepted

Coinhive for bitcoin/ethereum

I did this, actually! In terms of disclosure, @eric allam is absolutely correct, above; you should let your users know that's going on, at a minimum, and ideally have some sort of "Start mining" ...
Will Jobs's user avatar
  • 136
2 votes

Bitcoin migrating to a ASIC resistant mining algorithm like RandomX used on Monero

Agree with David's answer, but the security detriments of ASIC resistance (of which there are many) is somewhat besides the point. The entire value proposition of bitcoin, and what makes it so ...
hedgedandlevered's user avatar
1 vote

Mining on Linux with an USB hard-deive

That would probably work fine. Mining doesn't generally require fast disk access, especially if you are mining in a pool. Of course, you'll have to reboot into your Ubuntu installation each time you ...
Nate Eldredge's user avatar
1 vote

What information is available from the blockchains of privacy currencies?

Unlike many users might think, Bitcoin blockchain is completely transparent linking all your transaction history and those who you are transacting with. Everyone who has ever transacted with you or ...
janowitz's user avatar
  • 206
1 vote
Accepted

As of 2017-09, Has there been talks or test implementations of making Litecoin anonymous / untracable like Monero or Zcash?

Increasing fungibilty is a goal, there have been several proposals of differing seriousness and support. But this is generally seen as a goal for the project. That being said, BTC/LTC simply cannot ...
Luke Mlsna's user avatar
1 vote

How to setup USB Cold Storage for Bitcoin and Monero?

Neither currencies nor coins are stored anywhere but at addresses out on the blockchain. You may be talking about the secrets that give authority to send / spend those assets? Seed Recovery phrases, ...
HansBKK's user avatar
  • 423
1 vote
Accepted

No returns on Genesis Mining contract

Click on payouts tab and you will see the payouts there. Disregard the graph on dashboard. The graph will populate once you reach payout threshold of .4 xmr...
Rik's user avatar
  • 148
1 vote

Stealth addresses how does recipient use the bitcoins?

How does the recipient use the bitcoin he receives? Stealth addresses require you to scan all the transactions of the blockchain It is a fairly inefficient process but the stealth address ...
Penquin's user avatar
  • 671
1 vote

Difference between Monero, Dash and Zcash

From the Zcash protocol specification: The basis of the privacy properties of Zcash is that when a note is spent, the spender only proves that some commitment for it had been revealed, without ...
Daira-Emma Hopwood's user avatar
1 vote

How can I mine Monero or other altcoins using Azure Cloud Services?

Sure - you can run cpuminer-multi on Azure or AWS, and it will CPU mine. You will need to find a pool to mine with. Alternatively, if you want to solo mine, then you merely need to run a full Monero ...
fluffyponyza's user avatar
1 vote

Can you mine Monero using sgminer?

No you cannot. Monero uses a different PoW that is incompatible with sgminer, but also uses a different pool communication protocol that is Stratum-like but not actually Stratum.
fluffyponyza's user avatar

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