nihilist/monero
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5c79abe5 update readme to include blurb on decentralization (Gingeropolous)
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Riccardo Spagni 2019-03-21 14:43:11 +02:00
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@ -73,6 +73,8 @@ Monero is a private, secure, untraceable, decentralised digital currency. You ar
**Untraceability:** By taking advantage of ring signatures, a special property of a certain type of cryptography, Monero is able to ensure that transactions are not only untraceable, but have an optional measure of ambiguity that ensures that transactions cannot easily be tied back to an individual user or computer. **Untraceability:** By taking advantage of ring signatures, a special property of a certain type of cryptography, Monero is able to ensure that transactions are not only untraceable, but have an optional measure of ambiguity that ensures that transactions cannot easily be tied back to an individual user or computer.
**Decentralization:** The utility of monero depends on its decentralised peer-to-peer consensus network - anyone should be able to run the monero software, validate the integrity of the blockchain, and participate in all aspects of the monero network using consumer-grade commodity hardware. Decentralization of the monero network is maintained by software development that minimizes the costs of running the monero software and inhibits the proliferation of specialized, non-commodity hardware.
## About this project ## About this project
This is the core implementation of Monero. It is open source and completely free to use without restrictions, except for those specified in the license agreement below. There are no restrictions on anyone creating an alternative implementation of Monero that uses the protocol and network in a compatible manner. This is the core implementation of Monero. It is open source and completely free to use without restrictions, except for those specified in the license agreement below. There are no restrictions on anyone creating an alternative implementation of Monero that uses the protocol and network in a compatible manner.