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monero-inflation-checker.md 6.51 KiB 
layout: cp
title: Creation of Python tools and educational material for checking and explaining the absence of money leakage (a.k.a. inflation) in Monero.
author: DangerousFreedom
date: March 25, 2022
amount: 43.2
milestones:
  - name: MLSAG
    funds: 14.4
    done: 31 May 2022
    status: finished
  - name: CLSAG
    funds: 14.4
    done: 3 July 2022
    status: finished
  - name: Seraphis / Optimizations / Functional website delivery
    funds: 14.4
    done: 4 September 2022
    status: finished
payouts:
  - date: 2 June 2022
    amount: 14.4
  - date: 6 July 2022
    amount: 14.4
  - date: 7 September 2022
    amount: 14.4

TLDR

Minimal Python tools and educational material for checking inflation in Monero. Check the initial scratch here. I would like your support to finish it :)

What and Why ?

I will try to address the following issues:

  1. Provide solid information about inflation. This project is highly focused on building the minimum necessary tools in Python to prove that there is no money leakage (inflation) occurring or that has occurred. Therefore, the community is welcome to use the tools provided here and also make improvement suggestions on how to answer this question in the most decisive way.

  2. Educational material. This work also intends to convey the message that Monero is as safe or more as Bitcoin (cryptographically speaking). Therefore some educational material is provided for the layman and for someone looking to understand the code. Convincing someone about something may require different levels of explanations. This work tries to address this issue.

  3. Provide more transparency and ease the fear of users and investors. Nobody heavily invests into something that they do not understand. This work provides more transparency and education on how the blockchain works with the focus on the inflation issue. Therefore, users would feel safer by investing and using Monero.

  4. Abstraction of the C++ code and further implementations using Python. This work also gives more independence from the C++ code, which the great majority of people heavily relies on to verify the blockchain. If useful functions are implemented here, it could also help, in the future, other people to make different implementations like wallets and nodes in Python.

  5. Overview of blockchain history focused on the inflation issue. Any successful project has to be able to tell its history in the most detailed way for the newcomers that did not live the events that happened in the past. Therefore, scanning the whole blockchain looking for leakages and providing some educational material with codes, some stats and insights is crucial not only for the new members but actually for anyone who wants to revisit the history.

Who

  • I would like to stay anonymous for the moment. I believe that the goal of the CCS is to fund an idea instead of a person so if I do not do the job, the CCS can fund someone else to do it in the way it was proposed here.
  • I have never contributed to Monero and I actually got on-board recently although I know its existence for some years.
  • I started investigating after this post on reddit.
  • I have a broad set of experiences like web design, Python coding, applied math and economics.
  • I am highly motivated to work on this project as it is almost an existential question for me.
  • I am pretty sure that I am capable of doing it following the proposed time schedule as I have been working in this project for the past two months already.

About the proposal

First, I would like to thank everyone in the MRL channel for pointing me some directions. I believe that basically what needs to be done is the creation of Python scripts and educational materials in order to: check the ring signatures, check the amounts involved, check the uniqueness of key images and check the emission curve.