News

Bitcoin to Monero Atomic Swaps - How this Enables Private Bitcoin Transactions

Bitcoin to Monero Atomic Swaps - How this Enables Private Bitcoin Transactions

Monero cryptographers recently discovered how to conduct “atomic swaps” between Bitcoin and Monero. This means that any two people can swap Bitcoin for Monero between them without relying on any third-party service, using only software they run themselves.As Monero is the god of privacy coins (and the blockchain we develop products for), this naturally led to speculation that this innovation would enable Monero to become a layer-2 privacy solution for bitcoin, which is itself notoriously traceable.Over the past week I have read all manner of incorrect information from uninformed commenters about if this is possible, how it will work, and...

Read more →

Why Monero is Untraceable

Why Monero is Untraceable

For most people, using Monero to maintain privacy and anonymity requires a leap of faith - few people understand exactly how the cryptography and security of the Monero blockchain protects them from being tracked. We hope this post demystifies the magical qualities of Monero and provides an increased sense of trust for users who aren't mathematicians or computer scientists. Why Monero is Secure - 3 Pillars of Privacy Monero's privacy technology is based on 3 core cryptographic techniques: Ring Confidential Transactions (RingCT) - Hides the amount being sent Ring Signatures - Hides the sender's address Stealth Addresses - Hides the...

Read more →

How to Use a Monero Remote Node with the Command Line Wallet

How to Use a Monero Remote Node with the Command Line Wallet

This post describes in detail how to use a Monero remote node from the command line wallet (monero-wallet-cli). If you would like more information about what a Monero remote node is, and why you would use one, please read the companion post "Monero Remote Node - Everything You Need to Know". Essentially, while remote nodes save your computer the burden of syncing the blockchain, using insecure remote nodes can compromise your anonymity. Running your own Monero node is safer and faster. Connecting to a Monero Remote Node Once you have the IP address and port of the remote node, download...

Read more →

Monero is Not Illegal

Monero is Not Illegal

There have been a lot of misinformed people spreading rumors about Monero and how it will be banned - or is already. Let me state this clearly - Monero is not illegal! When people say Monero (or any other cryptocurrency) is "banned", what they really mean is that politicians make it illegal to accept for payment. In Western countries, no cryptocurrency has been declared illegal. Is Monero illegal in Texas? NO. Monero is 100% legal in Texas! This misinformation is because of HB 4371, a bill brought to the Texas Pensions, Investments & Financial Services committee by a state representative....

Read more →

Monero Remote Node - Everything You Need to Know

Monero Remote Node - Everything You Need to Know
Monero remote nodes are often used as a convenience to avoid running a fully-synced blockchain node. We explain the risks involved and why running a local node is better and safer.

Read more →