Mirrors
/
wownero
mirror of https://git.wownero.com/wownero/wownero.git
1
0
Fork 0
Code Issues Packages Projects Releases Wiki Activity

Update README.md

This commit is contained in:
Justin Kat 2020-10-08 17:52:11 -04:00 committed by GitHub
parent 3cbb44a2fd
commit 3be170d778
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 2 additions and 2 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

4
README.md
View File

@ -71,9 +71,9 @@ If you need help/support/info about translations, contact the localization workg
Monero is a private, secure, untraceable, decentralised digital currency. You are your bank, you control your funds, and nobody can trace your transfers unless you allow them to do so.
**Privacy:** Monero uses a cryptographically sound system to allow you to send and receive funds without your transactions being easily revealed on the blockchain (the ledger of transactions that everyone has). This ensures that your purchases, receipts, and all transfers remain absolutely private by default.
**Privacy:** Monero uses a cryptographically sound system to allow you to send and receive funds without your transactions being easily revealed on the blockchain (the ledger of transactions that everyone has). This ensures that your purchases, receipts, and all transfers remain private by default.
**Security:** Using the power of a distributed peer-to-peer consensus network, every transaction on the network is cryptographically secured. Individual wallets have a 25-word mnemonic seed that is only displayed once and can be written down to backup the wallet. Wallet files are encrypted with a passphrase to ensure they are useless if stolen.
**Security:** Using the power of a distributed peer-to-peer consensus network, every transaction on the network is cryptographically secured. Individual wallets have a 25-word mnemonic seed that is only displayed once and can be written down to backup the wallet. Wallet files should be encrypted with a strong passphrase to ensure they are useless if ever stolen.
**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.