finished cn translations and set up multi-lang page titles

parent 090108cd
......@@ -5,7 +5,7 @@ global:
copyright: Copyright
monero_project: The Monero Project
sitename: getmonero.org, The Monero Project
wiki: Moneropedia
wiki: 门罗百科
tags: Articles By Tag
wikimeta: on Moneropedia, the open encyclopedia of Monero knowledge
tagsmeta: All Monero blog articles that are tagged
......@@ -24,21 +24,21 @@ menu:
devdiaries: Dev Diaries
missives: Monero Missives
uncategorised: Uncategorized
choose: How to Choose a Monero Client
running: How to Run a Monero Node
donations: Donating and Sponsorships
downloads: All Monero Downloads
merchants: Merchants and Services Directory
accepting: Accepting Monero Payments
about: About Monero
people: The People Behind Monero
userguides: User Guides
developerguides: Developer Guides
goals: Design & Development Goals
openalias: The OpenAlias Project
lab: Monero Research Lab
choose: 如何选择门罗币(Monero)客户端
running: 如何运行门罗币网络节点(Monero Node)
donations: 募捐及赞助
downloads: 门罗币下载大全
merchants: 商家及服务目录
accepting: 接受门罗币(Monero)付款
about: 关于门罗币(Monero)
people: 门罗币(Monero)幕后团队
userguides: 用户指南
developerguides: 开发者指南
goals: 设计及发展目标
openalias: 公开别名项目
lab: 门罗币研究室
alternative: Alternative Clients
projects: External Projects
projects: 对外项目
irc: IRC on Freenode
irc-general: "#monero (General)"
irc-development: "#monero-dev (Development)"
......@@ -91,8 +91,7 @@ gs:
how_to: 如何
choose:
mobile_web_lightweight: "手机版,网页版,和轻巧版客户端"
mobile_web_lightweight_text_1: "如您是门罗币(Monero)的初次使用者,以下便介绍的客户端便是理想之选,同时适用于设备"
mobile_web_lightweight_text_2: "性能有限,不能运行完整网络节点的用户"
mobile_web_lightweight_text: "如您是门罗币(Monero)的初次使用者,以下便介绍的客户端便是理想之选,同时适用于设备 [性能有限,不能运行完整网络节点的用户](/cn/getting-started/running)"
my_monero_text_1: "MyMonero.com"
my_monero_text_2: " 使用方法简单,可直接在浏览器总打开,无需下载安装。 此网页无法代替您支配您的门罗币资金,因此安全度高。网站由门罗币核心团队成员之一 Riccardo Spagni 负责操作运营。"
full_client: "完整门罗币客户端"
......@@ -130,12 +129,12 @@ gs:
donate_sponsor_text_1: "如果您愿意捐献一份力量,可以通过以下任何一种方式:"
donate_sponsor_text_2: "- 门罗币捐款:您可以向 [donate.getmonero.org](monero:46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em?recipient_name=Monero%20Development&tx_description=Donation%20to%20Monero%20Core%20Team), 捐赠 XMR,或直接向我们的门罗币地址捐 - [46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em](monero:46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em?recipient_name=Monero%20Development&tx_description=Donation%20to%20Monero%20Core%20Team)"
donate_sponsor_text_3: "- 比特币捐款:您可以想 [donate.getmonero.org](bitcoin:1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb?label=Monero%20Development&message=Donation%20to%20Monero%20Core%20Team), 捐赠 BTC,或直接向我们的比特币地址捐款: [1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb](bitcoin:1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb?label=Monero%20Development&message=Donation%20to%20Monero%20Core%20Team)"
donate_sponsor_text_4: "- 信用卡,电汇,或支付宝捐款,请直接致邮件给核心团队 [{{ site.email }}]({{ site.email }})"
donate_sponsor_text_5: "同时,我们也非常感谢赞助商,包括向我们提供免费或折扣的开发硬件,网页寄存等服务,以及 软件许可证。如您愿意以任何方式赞助门罗币的开发,请您致邮件给核心团队 [{{ site.email }}]({{ site.email }})"
donate_sponsor_text_4: "- 信用卡,电汇,或支付宝捐款,请直接致邮件给核心团队 [[email protected]](mailto:[email protected])"
donate_sponsor_text_5: "同时,我们也非常感谢赞助商,包括向我们提供免费或折扣的开发硬件,网页寄存等服务,以及 软件许可证。如您愿意以任何方式赞助门罗币的开发,请您致邮件给核心团队 [[email protected]](mailto:[email protected])"
current_sponsors: "当前赞助商"
current_sponsors_text: "目前有部分矿池向门罗币提供免费服务。矿池赞助商详细列表请 [Bitcointalk Monero 线程的第一篇帖子](https://bitcointalk.org/index.php?topic=583449.0). 除此之外,我们的赞助商也包括:"
hall_of_fame: "门罗币社区之名人堂"
hall_of_fame_text: "所有捐赠者的名字会荣登 [社区名人堂](getting-started/donate/hall-of-fame). 最富盛名的捐赠者 8th Dan 也在此列。查看完整的 [名人 堂请点击此处](http://getmonero.dev/getting-started/donate/hall-of-fame)"
hall_of_fame_text: "所有捐赠者的名字会荣登 [社区名人堂](/cn/getting-started/donate/hall-of-fame). 最富盛名的捐赠者 8th Dan 也在此列。查看完整的 [名人 堂请点击此处](/cn/getting-started/donate/hall-of-fame)"
accepting:
basics: "基础"
basics_text_1: "门罗币与您之前接触的加密货币略有不同。其他电子货币,如比特币及其多种衍生物,会为每笔 交易或每个接收人创建一个新的地址。"
......@@ -170,6 +169,53 @@ gs:
goods: "商品"
entertainment: "娱乐"
merchants_text: "所有的商家按字母顺序排列。如果有任何商家不再提供门罗币服务或有意加盟,请 [Github repository](https://github.com/monero-project/monero-site/issues) 来提醒我们"
kb:
about:
about_title: "ABOUT MONERO"
about_text_1: "To most people, financial privacy is very important. Yet in recent years, we have seen a staggering amount of big corporations, banks and governments having their records compromised, at every time leaking information about their users, their practices, their balance sheets. The unfortunate but undeniable conclusion is that there is no safe place to conduct private transactions."
about_text_2: "There was no safe place to conduct private transactions. Monero provides a place where your financial activities are private. Monero is one of the leading cryptocurrencies in the post-Bitcoin world, and it is built on principles of privacy, decentralization, and scalability. From an economic point of view, a currency needs to be fungible. Fungibility is a property of money that makes all units 'equal'. Without fungibility, money flows can be tracked and tainted, making it very difficult to use the digital tokens as money."
about_text_3: "Monero is a secure, private, untraceable currency. It is open-source and freely available to all. It’s fairly launched on april 18th 2014, without premine or instamine. The Monero technology already spiked the interest of several established people in the bitcoin development world and cryptography community. The development is completely based on donations, community driven and with a strong focus on decentralization and scalability. With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes."
about_text_4: "Read on to find out how Monero is helping to solve real problems and limitations of existing cryptocurrencies, and building a more private blockchain."
privacy_title: "PRIVACY"
privacy_text_1: "Monero seeks to provide absolute transactional privacy in an effort to create true electronic cash. With Bitcoin, as well as with the vast majority of cryptocurrencies that have been established since, any and all transactions are entirely traceable. Any casual observer can read through the Bitcoin blockchain, and for any transaction, this observer can find out the exact amount that was transacted, as well as the precise transaction origin (sender address) and destination (recipient address)."
privacy_text_2: "With Monero, for any private transaction, the same observer has no means to uncover the origin, destination, or amount transacted. As such, transactions on the Monero blockchain, are private and fundamentally untraceable. But Monero is more than a currency. Driving the official slogan: 'secure, private, untraceable', there are a multitude of applications where the parties involved wish to remain private. The Monero blockchain can keep confidential contracts confidential. While the forthcoming, blockchain-powered internet of things will certainly place the cloud all around us, it is then increasingly important that open access tools exist to provide a secure boundary for private settlements."
privacy_text_3: "An often overlooked, but nonetheless important layer of privacy in a connected world, is that of the networking infrastructure. We have teamed up with Privacy Solutions, and development is well underway to incorporate an i2p router in Monero. In a world where ill intentioned governments and ISPs can void an individual’s basic privacy rights on a whim, it then becomes necessary to establish a private communication platform."
privacy_text_4: "The underlying technologies and cryptography upon which Monero is built, has been (and continues to be) the subject of extensive analysis and review by numerous individuals and research groups. It has garnered favorable attention by some of the most prominent figures of the Bitcoin & cryptography world, such as Andrew Poelstra (andytoshi), Gregory Maxwell & Nicolas Courtois."
privacy_text_5: "With Monero, transactions are private by default. However, each user has the ability to select different levels of privacy, optionally disclosing their transaction information, or even provide audit access (view only) to his full Monero account."
decentralization_title: "DECENTRALIZATION"
decentralization_text_1: "While most cryptocurrencies align to theoretical principles of decentralization, the reality is, that most fall short of such a claim. More often than not, it is not just one branch of a cryptocurrency system that is centralized in one form or another, is that that many branches are so."
decentralization_text_2: "With Proof of Stake currencies, irregular emission and distribution models cause most of the staking power to end up in the hand of a privileged few. Participants of lesser weight are reduced to second class citizens, with little chance of ever obtaining similar returns."
decentralization_text_3: "With Proof of Work currencies, of which Bitcoin remains the most significant reference, the mining process is largely concentrated in a handful of pools. This centralization of mining power, combined with a transparent blockchain, has already lead to various occurrences of transaction censorship."
decentralization_text_4: "Other currencies opt for a closed development model, thus centralizing the invention process itself. These closed platforms commonly fail to meet any form of public audit or expert review. More importantly, these are platforms that will anytime swing left and right, in order to satisfy the interests of the restricted group that holds control of development."
decentralization_text_5: "Monero contrasts with these examples in various and meaningful ways. Monero is powered strictly by Proof of Work, but specifically, it employs a mining algorithm that has the potential to be efficiently tasked to billions of existing devices (any modern x86 CPU). This very characteristic, and more so once it is coupled with @Smart Mining, has the potential to ensure that for long years to come, the process of mining new Monero coins is within reach of the common individual, and not an exclusive opportunity to the owners of large mining operations."
decentralization_text_6: "Further, as transactions are private by default on the Monero blockchain, transaction censorship is inherently void. The Monero development landscape on the other hand, is very much the opposite of a closed or restricted access model. The core branch currently enjoys more than 30 contributors, pushing 1000+ commits over the past year. The project is happy to take on new contributors and any future plans, long term direction and priorities are openly discussed with the community. Indeed, the policy that governs contribution to the Monero codebase is exhaustingly inclusive - all contributions are accepted into the development branch, where new code can be scrutinized and tested by the entire community."
decentralization_text_7: "Most contributors in the Monero development landscape are quite passionate for an open source philosophy, and in this rich creative environment, new projects have sparked to life. OpenAlias is one notable example, which has seen adoption by (amongst others) a major Bitcoin related software product."
scalability_title: "SCALABILITITY"
scalability_text_1: "One of the problems with cryptocurrencies is scaleability. Most cryptocurrencies are derived from the Bitcoin codebase and thus have a 'block size limit'. This limit has become a big issue in the bitcoin community and lead to fierce discussions. Monero doesn't suffer from this block size debate, because it has a dynamic block size limit. This limit is automatically recalculated regularly based on a look-back window. A penalty system prevents out of control growth of the block size. Another issue with most cryptocurrencies is the development of a fee market. This issue is somewhat linked to the block size debate: the narrative is that when you limit the block size, a fee market will eventually develop. But this claim is highly debatable. When the transaction fees are supposed to be the main incentive for miners to secure the blockchain, it is possible the current consensus model will not be sustainable. At the moment, miners still act as they are expected: they mine on the longest chain. When they don't do that, they risk loosing the block reward. But when that block reward becomes small compared to the mining fees, it's possible miners will have an incentive to not mine on the longest chain and start a fork trying to 'steal' high transaction fees which were included in the latest blocks. Therefore, monero implements a 'permanent block reward'. The block reward will never drop below 0.3 XMR, making monero a disinflationary currency: the inflation will be roughly 1% in 2022 and go down forever, but the nominal inflation will stay at 0.3 XMR per minute. This means that there will always be an incentive for miners to mine monero and thus keeping the blockchain secure, with or without a fee market."
fungibility_title: "FUNGIBILITY"
fungibility_text_1: "Fungibility is an important property of any functioning currency. You can try to hide your bitcoins as much as you want, if you tried to mix your non-fungible coins using a mixer, coinjoin or another type of 'anonymity enhancing feature', these transactions can still be flagged as 'possible suspicious activity on the blockchain', even if you are anonymous. Using non-fungible tokens as currency can eventually lead to blacklisting/whitelisting either by governments or through self-censorship. Some examples of these measures could be payment procssors or exchanges refusing your tainted coins as a payment or deposit or miners refusing to include your suspicious transaction. Monero will enforce a minimum mixing across the network, so all outputs are mixed by default. This is possble due to the nature of the mixing: monero mixing is 'passive' and can even be done offline! Transaction outputs have 'plausible deniability' about their state: you can't tell if they are spent or unspent in a certain transaction or not. This leads to an opaque (non-transparent) blockchain making all coins 'equal'. Fungibility is built into Monero at protocol level, making it real 'digital cash'."
people:
core_title: "门罗币(Monero)幕后团队"
core_text_1: "门罗币不受任何基金会或中央机构的控制,而是由七人核心成员带领的团队,不断研发及维护,七位核心成员同时也向本项目提供资金支持。"
core_text_2: "核心团队中的五名成员目前会使用昵称,但另外两位都公布了自己的真实身份。以下列表中将这 两位(Riccardo David)的名字至于顶部,以便参考。除此之外,该列表并无特定顺序:"
core_person_1: "Riccardo “fluffypony” Spagni([email protected]):现居南非,Riccardo 具商业头脑,并对加密货币见解独到,善于软件及及加密货币的开发。 2012 年以来, 他一直致力于与加密货币相关的项目。"
core_person_2: "David Latapie([email protected]):David Latapie 是一位法国出版商,超人 类主义者。参与过多个加密货币开发项目的他,同时也对密码极具热忱,关注密码和区 块链技术对社会的影响。"
core_person_3: "smooth([email protected]):软件开发者,企业家和投资家,2011 年以来 smooth 参与了多个加密货币项,其中包括最早期的多币种交易(比特币 Bitcoin 和域 名币 Namecoin 的首要支持技术)。因其长期活跃于加密货币领域而众所周知,备受信 赖。"
core_person_4: "othe([email protected]):现居德国,自 2011 年年初,othe 就对加密货币产 生了极大兴趣,目前为多种加密货币相关项目做独立顾问。作为前绿币(Vertcoin)开 发商而闻名。"
core_person_5: "tacotime([email protected]):来自多伦多的生物信息学爱好者,软件开发 商,自 2011 年起,tacotime 便开始从事加密货币行业,因对 MC2,PoS /PoW 混合 加密货币,Conformal 公司项目(如,btcd)作出的贡献而著名。"
core_person_6: "NoodleDoodle([email protected]):前硅谷工程师。NoodleDoodle 是一位资深的硬件和软件开发员。于 2012 年开始涉入加密货币领域,目前致力于一所 大学的“cool aerospace stuff”项目。"
core_person_7: "eizh([email protected]):美国研究者与学者,致力于物理和科学计算,eizh 加密货币的学术意义有浓厚的兴趣,尤其侧重于比特币的替代品。"
contributors_title: "开发者"
contributors_text_1: "多为开发者曾为门罗币代码的编写作出了贡献;完整名单请见本网站 [Github Contributors page](https://github.com/monero-project/bitmonero/graphs/contributors)."
contributors_text_2: " : [moneromooo](http://github.com/moneromooo-monero/bitmonero/branches), [Thomas Winget](https://github.com/tewinget), [mikezackles](https://github.com/mikezackles), [oranjuice](https://github.com/oranjuice), [warptangent](https://github.com/warptangent), [rfree](https://github.com/rfree2monero), [jakoblind](https://github.com/jakoblind), and [tomerkon](https://github.com/tomerkon)."
research_lab_title: "门罗币研究室"
research_lab_text: "门罗币核心团队固然是研究室的一个重要组成部分,但主要致力于门罗币研发的研究者,科学家 以及学者目前希望以昵称的方式出现在以下列表中:"
researcher_1: "Surae Noether:门罗币研究室的首席研究员,持有数学科学博士学位,并将对加密技 术的丰富理解和同调代数的融会贯通。"
researcher_2: "Shen Noether:主修代数几何的博士生,Shen对于密码学的全面理解使他成为门罗币 研究室重要的组成部分。"
researcher_3: "Simba Noether: A Masters candidate pursuing research in cryptography and cryptocurrencies. Simba's previous work includes theoretical research in lattice cryptography and decentralized authentication."
researcher_4: "Sarang Noether:完成数学学士学位的 Sarang,目前正在修物理学博士学位,利用业 余时间研究门罗币。"
other_title: "其他贡献者"
other_text: "门罗币自初始阶段以来有大量的贡献者参与其中,其中包括:zone117x, LucaseJones, wolf`, Professor David Andersen, Atrides, wallet42, Neozaru, Gingeropoulos, cAPSLOCK, 等诸多 参与者。"
downloads:
core: "门罗币下载大全"
core_text_1: "门罗币(Monero)核心由多个应用程序组成,包括 bitmonerod(如运行完整的网络结点,则 需此后台程序进行与门罗币网络连接),和 simplewallet(门罗币帐户管理程序),以及若干其 它辅助应用程序。"
......@@ -180,5 +226,5 @@ downloads:
coming_soon: "即将推出"
other_downloads: "其他下载资料"
other_text_1: "- 下载数据区块连请参照上表。"
other_text_2: "- 查看门罗币研究室出版物,请您点击 [门罗币研究室区](http://getmonero.dev/research-lab)"
other_text_2: "- 查看门罗币研究室出版物,请您点击 [门罗币研究室区](/cn/research-lab)"
other_text_3: "- 高清版门罗币标志图请 [点此下载](https://downloads.getmonero.org/resources/branding.zip)"
......@@ -91,8 +91,7 @@ gs:
how_to: How to
choose:
mobile_web_lightweight: "Mobile, Web, and Lightweight Clients"
mobile_web_lightweight_text_1: "The clients below are ideal if you are using Monero for the first time. They are also useful if you are on a device that cannot run a "
mobile_web_lightweight_text_2: "full Monero node."
mobile_web_lightweight_text: "The clients below are ideal if you are using Monero for the first time. They are also useful if you are on a device that cannot run a [full Monero node](/getting-started/running)."
my_monero_text_1: "MyMonero.com"
my_monero_text_2: " is easy-to-use and works in your browser without you needing to install anything. It can be used with some measure of safety, as MyMonero are unable to spend your funds on your behalf. It is owned and operated by Riccardo Spagni, one of the Monero Core Team members."
full_client: "Full Monero Client"
......@@ -130,12 +129,12 @@ gs:
donate_sponsor_text_1: "If you would like to make a donation you can do so by using any of the methods below:"
donate_sponsor_text_2: "- Donating in Monero: you can send XMR donations to [donate.getmonero.org](monero:46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em?recipient_name=Monero%20Development&tx_description=Donation%20to%20Monero%20Core%20Team), or directly to our Monero donation address - [46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em](monero:46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em?recipient_name=Monero%20Development&tx_description=Donation%20to%20Monero%20Core%20Team)"
donate_sponsor_text_3: "- Donating in Bitcoin: you can also send BTC donations to [donate.getmonero.org](bitcoin:1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb?label=Monero%20Development&message=Donation%20to%20Monero%20Core%20Team), or directly to our Bitcoin address: [1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb](bitcoin:1FhnVJi2V1k4MqXm2nHoEbY5LV7FPai7bb?label=Monero%20Development&message=Donation%20to%20Monero%20Core%20Team)"
donate_sponsor_text_4: "- To donate via credit card, wire transfer, or PayPal, please email the core team at [{{ site.email }}]({{ site.email }})"
donate_sponsor_text_5: "Sponsorships are also greatly appreciated, including those companies that give us free or reduced-cost access to development hardware, hosting and other services, and software licenses. If you would like to sponsor Monero development in some form, please email the core team at [{{ site.email }}]({{ site.email }})"
donate_sponsor_text_4: "- To donate via credit card, wire transfer, or PayPal, please email the core team at [[email protected]](mailto:[email protected])"
donate_sponsor_text_5: "Sponsorships are also greatly appreciated, including those companies that give us free or reduced-cost access to development hardware, hosting and other services, and software licenses. If you would like to sponsor Monero development in some form, please email the core team at [[email protected]](mailto:[email protected])"
current_sponsors: "Current Sponsors"
current_sponsors_text: "Current sponsors include several mining pools that contribute a portion of their fees to development. You can find a list of these pools in [the first post on the Monero thread on Bitcointalk](https://bitcointalk.org/index.php?topic=583449.0). Over and above that, our sponsors include:"
hall_of_fame: "The Monero Community Hall of Fame"
hall_of_fame_text: "All donators to Monero development are also eligible to be listed in the [Community Hall of Fame](getting-started/donate/hall-of-fame). Members of the most prestigious level of donators, 8th Dan, are also listed below. The full [Hall of Fame can be viewed at this link.](http://getmonero.dev/getting-started/donate/hall-of-fame)"
hall_of_fame_text: "All donators to Monero development are also eligible to be listed in the [Community Hall of Fame]({{ site.baseurl }}getting-started/donate/hall-of-fame). Members of the most prestigious level of donators, 8th Dan, are also listed below. The full [Hall of Fame can be viewed at this link.](/getting-started/donate/hall-of-fame)"
accepting:
basics: "The Basics"
basics_text_1: "Monero works a little differently to what you may have become accustomed to from other cryptocurrencies. In the case of a digital currency like Bitcoin and its many derivatives merchant payment systems will usually create a new recipient address for each payment or user."
......@@ -170,6 +169,53 @@ gs:
goods: "Goods"
entertainment: "Entertainment"
merchants_text: "All of the merchants are organised alphabetically. If there are any merchants that no longer provide Monero services, or a merchant that wishes to be added, please open an issue on this website's [Github repository](https://github.com/monero-project/monero-site/issues) to alert us."
kb:
about:
about_title: "ABOUT MONERO"
about_text_1: "To most people, financial privacy is very important. Yet in recent years, we have seen a staggering amount of big corporations, banks and governments having their records compromised, at every time leaking information about their users, their practices, their balance sheets. The unfortunate but undeniable conclusion is that there is no safe place to conduct private transactions."
about_text_2: "There was no safe place to conduct private transactions. Monero provides a place where your financial activities are private. Monero is one of the leading cryptocurrencies in the post-Bitcoin world, and it is built on principles of privacy, decentralization, and scalability. From an economic point of view, a currency needs to be fungible. Fungibility is a property of money that makes all units 'equal'. Without fungibility, money flows can be tracked and tainted, making it very difficult to use the digital tokens as money."
about_text_3: "Monero is a secure, private, untraceable currency. It is open-source and freely available to all. It’s fairly launched on april 18th 2014, without premine or instamine. The Monero technology already spiked the interest of several established people in the bitcoin development world and cryptography community. The development is completely based on donations, community driven and with a strong focus on decentralization and scalability. With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes."
about_text_4: "Read on to find out how Monero is helping to solve real problems and limitations of existing cryptocurrencies, and building a more private blockchain."
privacy_title: "PRIVACY"
privacy_text_1: "Monero seeks to provide absolute transactional privacy in an effort to create true electronic cash. With Bitcoin, as well as with the vast majority of cryptocurrencies that have been established since, any and all transactions are entirely traceable. Any casual observer can read through the Bitcoin blockchain, and for any transaction, this observer can find out the exact amount that was transacted, as well as the precise transaction origin (sender address) and destination (recipient address)."
privacy_text_2: "With Monero, for any private transaction, the same observer has no means to uncover the origin, destination, or amount transacted. As such, transactions on the Monero blockchain, are private and fundamentally untraceable. But Monero is more than a currency. Driving the official slogan: 'secure, private, untraceable', there are a multitude of applications where the parties involved wish to remain private. The Monero blockchain can keep confidential contracts confidential. While the forthcoming, blockchain-powered internet of things will certainly place the cloud all around us, it is then increasingly important that open access tools exist to provide a secure boundary for private settlements."
privacy_text_3: "An often overlooked, but nonetheless important layer of privacy in a connected world, is that of the networking infrastructure. We have teamed up with Privacy Solutions, and development is well underway to incorporate an i2p router in Monero. In a world where ill intentioned governments and ISPs can void an individual’s basic privacy rights on a whim, it then becomes necessary to establish a private communication platform."
privacy_text_4: "The underlying technologies and cryptography upon which Monero is built, has been (and continues to be) the subject of extensive analysis and review by numerous individuals and research groups. It has garnered favorable attention by some of the most prominent figures of the Bitcoin & cryptography world, such as Andrew Poelstra (andytoshi), Gregory Maxwell & Nicolas Courtois."
privacy_text_5: "With Monero, transactions are private by default. However, each user has the ability to select different levels of privacy, optionally disclosing their transaction information, or even provide audit access (view only) to his full Monero account."
decentralization_title: "DECENTRALIZATION"
decentralization_text_1: "While most cryptocurrencies align to theoretical principles of decentralization, the reality is, that most fall short of such a claim. More often than not, it is not just one branch of a cryptocurrency system that is centralized in one form or another, is that that many branches are so."
decentralization_text_2: "With Proof of Stake currencies, irregular emission and distribution models cause most of the staking power to end up in the hand of a privileged few. Participants of lesser weight are reduced to second class citizens, with little chance of ever obtaining similar returns."
decentralization_text_3: "With Proof of Work currencies, of which Bitcoin remains the most significant reference, the mining process is largely concentrated in a handful of pools. This centralization of mining power, combined with a transparent blockchain, has already lead to various occurrences of transaction censorship."
decentralization_text_4: "Other currencies opt for a closed development model, thus centralizing the invention process itself. These closed platforms commonly fail to meet any form of public audit or expert review. More importantly, these are platforms that will anytime swing left and right, in order to satisfy the interests of the restricted group that holds control of development."
decentralization_text_5: "Monero contrasts with these examples in various and meaningful ways. Monero is powered strictly by Proof of Work, but specifically, it employs a mining algorithm that has the potential to be efficiently tasked to billions of existing devices (any modern x86 CPU). This very characteristic, and more so once it is coupled with @Smart Mining, has the potential to ensure that for long years to come, the process of mining new Monero coins is within reach of the common individual, and not an exclusive opportunity to the owners of large mining operations."
decentralization_text_6: "Further, as transactions are private by default on the Monero blockchain, transaction censorship is inherently void. The Monero development landscape on the other hand, is very much the opposite of a closed or restricted access model. The core branch currently enjoys more than 30 contributors, pushing 1000+ commits over the past year. The project is happy to take on new contributors and any future plans, long term direction and priorities are openly discussed with the community. Indeed, the policy that governs contribution to the Monero codebase is exhaustingly inclusive - all contributions are accepted into the development branch, where new code can be scrutinized and tested by the entire community."
decentralization_text_7: "Most contributors in the Monero development landscape are quite passionate for an open source philosophy, and in this rich creative environment, new projects have sparked to life. OpenAlias is one notable example, which has seen adoption by (amongst others) a major Bitcoin related software product."
scalability_title: "SCALABILITITY"
scalability_text_1: "One of the problems with cryptocurrencies is scaleability. Most cryptocurrencies are derived from the Bitcoin codebase and thus have a 'block size limit'. This limit has become a big issue in the bitcoin community and lead to fierce discussions. Monero doesn't suffer from this block size debate, because it has a dynamic block size limit. This limit is automatically recalculated regularly based on a look-back window. A penalty system prevents out of control growth of the block size. Another issue with most cryptocurrencies is the development of a fee market. This issue is somewhat linked to the block size debate: the narrative is that when you limit the block size, a fee market will eventually develop. But this claim is highly debatable. When the transaction fees are supposed to be the main incentive for miners to secure the blockchain, it is possible the current consensus model will not be sustainable. At the moment, miners still act as they are expected: they mine on the longest chain. When they don't do that, they risk loosing the block reward. But when that block reward becomes small compared to the mining fees, it's possible miners will have an incentive to not mine on the longest chain and start a fork trying to 'steal' high transaction fees which were included in the latest blocks. Therefore, monero implements a 'permanent block reward'. The block reward will never drop below 0.3 XMR, making monero a disinflationary currency: the inflation will be roughly 1% in 2022 and go down forever, but the nominal inflation will stay at 0.3 XMR per minute. This means that there will always be an incentive for miners to mine monero and thus keeping the blockchain secure, with or without a fee market."
fungibility_title: "FUNGIBILITY"
fungibility_text_1: "Fungibility is an important property of any functioning currency. You can try to hide your bitcoins as much as you want, if you tried to mix your non-fungible coins using a mixer, coinjoin or another type of 'anonymity enhancing feature', these transactions can still be flagged as 'possible suspicious activity on the blockchain', even if you are anonymous. Using non-fungible tokens as currency can eventually lead to blacklisting/whitelisting either by governments or through self-censorship. Some examples of these measures could be payment procssors or exchanges refusing your tainted coins as a payment or deposit or miners refusing to include your suspicious transaction. Monero will enforce a minimum mixing across the network, so all outputs are mixed by default. This is possble due to the nature of the mixing: monero mixing is 'passive' and can even be done offline! Transaction outputs have 'plausible deniability' about their state: you can't tell if they are spent or unspent in a certain transaction or not. This leads to an opaque (non-transparent) blockchain making all coins 'equal'. Fungibility is built into Monero at protocol level, making it real 'digital cash'."
people:
core_title: "The Monero Core Team"
core_text_1: "Monero is not governed by any foundation or central body, but ongoing development, maintenance, and research is primarily directed and often funded by a core team of seven individuals."
core_text_2: "Five members of the Core Team prefer to stay pseudonymous for the moment, but two of them are more public and have revealed their real identities. For ease of reference those two members (Riccardo and David) are at the top of the list below, but beyond that the list is presented in no particular order:"
core_person_1: "Riccardo 'fluffypony' Spagni ([email protected]): Based out of South Africa, Riccardo brings a strong business acumen and a deep understanding of cryptocurrency, software development, and cryptography to the table. He has been involved with cryptocurrency-related projects since 2012."
core_person_2: "David Latapie ([email protected]): David Latapie is a French publisher, transhumanist, and crypto enthusiast who has worked on various cryptocurrencies. He focuses on the societal changes brought about by cryptos and the blockchain technology."
core_person_3: "smooth ([email protected]): A software developer, entrepreneur, and investor, smooth has been involved in several cryptocurrency projects since 2011, including development of the first multicurrency exchange (initially supporting Bitcoin and Namecoin). By virtue of his long-standing involvement in the cryptocurrency community, he is well known and trusted by many."
core_person_4: "othe ([email protected]): Based in Germany, othe has been interested in cryptocurrency since early 2011. Currently he works as an independent consultant for various cryptocurrency-related businesses. He is known for his previous work as a core Vertcoin developer."
core_person_5: "tacotime ([email protected]): A bioinformatics enthusiast and software developer from Toronto, tacotime has been involved in cryptocurrency since 2011. He is well known for his work on MC2, a hybrid PoS/PoW cryptocurrency, and his contributions to various Conformal projects such as btcd."
core_person_6: "NoodleDoodle ([email protected]): A former Silicon Valley engineer, NoodleDoodle is a seasoned hardware and software developer. He started his involvement with cryptocurrencies in 2012 and currently spends his time working on 'cool aerospace stuff' for a university."
core_person_7: "eizh ([email protected]): An American researcher and academic who focuses on physics and scientific computing by day, eizh holds an academic interest in cryptocurrencies, especially serious alternatives to Bitcoin."
contributors_title: "Development Contributors"
contributors_text_1: "There have been many individuals that have contributed to Monero code; a complete list of which can be found on our [Github Contributors page](https://github.com/monero-project/bitmonero/graphs/contributors)."
contributors_text_2: "Some that have made outstanding contributions include: [moneromooo](http://github.com/moneromooo-monero/bitmonero/branches), [Thomas Winget](https://github.com/tewinget), [mikezackles](https://github.com/mikezackles), [oranjuice](https://github.com/oranjuice), [warptangent](https://github.com/warptangent), [rfree](https://github.com/rfree2monero), [jakoblind](https://github.com/jakoblind), and [tomerkon](https://github.com/tomerkon)."
research_lab_title: "The Monero Research Lab"
research_lab_text: "The Core Team forms an integral part of the Monero Research Lab, but the researchers, scientists, and academics that are primarily focused on Monero research are listed below. They have chosen to remain pseudonymous for the moment. They are:"
researcher_1: "Surae Noether: Lead researcher for the Monero Research Lab, Surae holds a PhD in Mathematical Sciences and brings a rich understanding of cryptography and homological algebra to the mix."
researcher_2: "Shen Noether: A graduate student focused on algebraic geometry, it is Shen's command and knowledge of cryptography that lends itself so well to his involvement in the Monero Research Lab."
researcher_3: "Simba Noether: A Masters candidate pursuing research in cryptography and cryptocurrencies. Simba's previous work includes theoretical research in lattice cryptography and decentralized authentication."
researcher_4: "Sarang Noether: Having completed his Masters in Mathematical Sciences, Sarang is currently completing his doctoral degree in Physics, while devoting time on the side to the advancement of Monero research."
other_title: "Other Contributors"
other_text: "There have been massive contributions to Monero from its inception from so many people, including: zone117x, LucasJones, wolf`, Professor David Andersen, wallet42, Neozaru, Gingeropolous, cAPSLOCK, and many, many others."
downloads:
core: "Monero Core"
core_text_1: "Monero Core consists of several applications, including bitmonerod (the daemon used if running a full node, as it maintains the connection to the Monero network) and simplewallet (a Monero account manager application), as well as several other helper applications."
......@@ -180,5 +226,5 @@ downloads:
coming_soon: "Coming Soon"
other_downloads: "Other Downloads"
other_text_1: "- If you'd prefer to use a blockchain bootstrap, instead of syncing up from scratch, you can [use this link for the most current bootstrap.](https://downloads.getmonero.org/blockchain.raw)"
other_text_2: "- For Monero Research Lab publications please visit the [Monero Research Lab](http://getmonero.dev/research-lab) section of this site."
other_text_2: "- For Monero Research Lab publications please visit the [Monero Research Lab](/research-lab) section of this site."
other_text_3: "- High resolution and vector copies of the Monero logo [can be downloaded at this link.](https://downloads.getmonero.org/resources/branding.zip)"
......@@ -15,38 +15,38 @@
<li class="dropdown">
<input type="checkbox" class="dropdown-input" id="drop-1"/><label for="drop-1" class="purple">{% t menu.blog %} <span class="caret"></span></label>
<ul class="dropdown-menu" role="menu">
<li><a href="/blog">{% t menu.allblog %}</a></li>
<li><a href="/blog/tags/monero%20missives">{% t menu.missives %}</a></li>
<li><a href="/blog/tags/dev%20diaries">{% t menu.devdiaries %}</a></li>
<li><a href="{{ site.baseurl }}/blog">{% t menu.allblog %}</a></li>
<li><a href="{{ site.baseurl }}/blog/tags/monero%20missives">{% t menu.missives %}</a></li>
<li><a href="{{ site.baseurl }}/blog/tags/dev%20diaries">{% t menu.devdiaries %}</a></li>
</ul>
</li>
<li class="dropdown">
<input type="checkbox" id="drop-2"/><label for="drop-2" class="red">{% t global.getting_started %} <span class="caret"></span></label>
<ul class="dropdown-menu" role="menu">
<li><a href="/getting-started/choose">{% t menu.choose %}</a></li>
<li><a href="/getting-started/running">{% t menu.running %}</a></li>
<li><a href="/getting-started/donate">{% t menu.donations %}</a></li>
<li><a href="{{ site.baseurl }}/getting-started/choose">{% t menu.choose %}</a></li>
<li><a href="{{ site.baseurl }}/getting-started/running">{% t menu.running %}</a></li>
<li><a href="{{ site.baseurl }}/getting-started/donate">{% t menu.donations %}</a></li>
<li class="divider"></li>
<li><a href="/downloads">{% t menu.downloads %}</a></li>
<li><a href="{{ site.baseurl }}/downloads">{% t menu.downloads %}</a></li>
<li class="divider"></li>
<li><a href="/getting-started/accepting">{% t menu.accepting %}</a></li>
<li><a href="/getting-started/merchants">{% t menu.merchants %}</a></li>
<li><a href="{{ site.baseurl }}/getting-started/accepting">{% t menu.accepting %}</a></li>
<li><a href="{{ site.baseurl }}/getting-started/merchants">{% t menu.merchants %}</a></li>
</ul>
</li>
<li class="dropdown">
<input type="checkbox" id="drop-3"/><label for="drop-3" class="orange">{% t menu.knowledge_base %} <span class="caret"></span></label>
<ul class="dropdown-menu" role="menu">
<li><a href="/knowledge-base/about">{% t menu.about %}</a></li>
<li><a href="/knowledge-base/people">{% t menu.people %}</a></li>
<li><a href="/knowledge-base/moneropedia">{% t global.wiki %}</a></li>
<li><a href="{{ site.baseurl }}/knowledge-base/about">{% t menu.about %}</a></li>
<li><a href="{{ site.baseurl }}/knowledge-base/people">{% t menu.people %}</a></li>
<li><a href="{{ site.baseurl }}/knowledge-base/moneropedia">{% t global.wiki %}</a></li>
<li class="divider"></li>
<li><a href="/knowledge-base/user-guides">{% t menu.userguides %}</a></li>
<li><a href="/knowledge-base/developer-guides">{% t menu.developerguides %}</a></li>
<li><a href="{{ site.baseurl }}/knowledge-base/user-guides">{% t menu.userguides %}</a></li>
<li><a href="{{ site.baseurl }}/knowledge-base/developer-guides">{% t menu.developerguides %}</a></li>
<li class="divider"></li>
<li><a href="/design-goals">{% t menu.goals %}</a></li>
<li><a href="/research-lab">{% t menu.lab %}</a></li>
<li><a href="/knowledge-base/openalias">{% t menu.openalias %}</a></li>
<li><a href="/knowledge-base/projects">{% t menu.projects %}</a></li>
<li><a href="{{ site.baseurl }}/design-goals">{% t menu.goals %}</a></li>
<li><a href="{{ site.baseurl }}/research-lab">{% t menu.lab %}</a></li>
<li><a href="{{ site.baseurl }}/knowledge-base/openalias">{% t menu.openalias %}</a></li>
<li><a href="{{ site.baseurl }}/knowledge-base/projects">{% t menu.projects %}</a></li>
</ul>
</li>
<li class="dropdown">
......
......@@ -8,10 +8,17 @@
{% include header.html %}
<div class="container main-content">
{% if site.lang == "cn" %}
<div class="page-title">
{{ page.cn-attribution }}
<img src="//static.getmonero.org/images/{{ page.icon }}.svg" class="title-icon"><h2 class="inline">{{ page.cn-title-pre-kick }} <span class="{{ page.kick-class }}">{{ page.cn-title-kick }}</span> {{ page.cn-title-post-kick }}</h2>
</div>
{% else %}
<div class="page-title">
{{ page.attribution }}
<img src="//static.getmonero.org/images/{{ page.icon }}.svg" class="title-icon"><h2 class="inline">{{ page.title-pre-kick }} <span class="{{ page.kick-class }}">{{ page.title-kick }}</span> {{ page.title-post-kick }}</h2>
</div>
{% endif %}
{{ content }}
</div>
......
......@@ -4,6 +4,10 @@ title: "All Monero Downloads"
title-pre-kick: "All Monero"
title-kick: "Downloads"
title-post-kick: ""
cn-title: "门罗币下载大全"
cn-title-pre-kick: "门罗币"
cn-title-kick: "下载大全"
cn-title-post-kick: ""
kick-class: "red-kicks"
icon: "icon_all_downloads"
attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and is licensed under Creative Commons BY 3.0 -->"
......
......@@ -4,6 +4,10 @@ title: "Accepting Monero Payments"
title-pre-kick: "Accepting Monero"
title-kick: "Payments"
title-post-kick: ""
cn-title: "接受门罗币(Monero)付款"
cn-title-pre-kick: "接受门罗币(Monero)"
cn-title-kick: "付款"
cn-title-post-kick: ""
kick-class: "kicks"
icon: "icon_accepting"
attribution: "<!-- Icon is based on work by Icons8 (http://www.icons8.com) and is licensed under Creative Commons BY 3.0 -->"
......
......@@ -4,6 +4,10 @@ title: "How to Choose a Monero Client"
title-pre-kick: "How to "
title-kick: "Choose "
title-post-kick: "a Monero Client"
cn-title: "如何选择门罗币(Monero)客户端"
cn-title-pre-kick: "如何"
cn-title-kick: "选择"
cn-title-post-kick: "门罗币(Monero)客户端"
kick-class: "green-kicks"
icon: "icon_client"
attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and is licensed under Creative Commons BY 3.0 -->"
......@@ -11,7 +15,7 @@ attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and
### {% t gs.choose.mobile_web_lightweight %}
{% t gs.choose.mobile_web_lightweight_text_1 %} [{% t gs.choose.mobile_web_lightweight_text_2 %}](/getting-started/running).
{% t gs.choose.mobile_web_lightweight_text %}
---
......@@ -31,7 +35,7 @@ attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and
{:.text-center .client-list #monerocore}
[![](//static.getmonero.org/images/logo.svg)](/downloads)
{% t gs.choose.monero_node_text_1 %} [{% t gs.choose.monero_node_text_1 %}](/getting-started/running), {% t gs.choose.monero_node_text_3 %} [{% t gs.choose.monero_node_text_4 %}](/downloads).
{% t gs.choose.monero_node_text_1 %} [{% t gs.choose.monero_node_text_1 %}]({{ site.baseurl }}/getting-started/running), {% t gs.choose.monero_node_text_3 %} [{% t gs.choose.monero_node_text_4 %}]({{ site.baseurl }}/downloads).
---
......
......@@ -4,6 +4,10 @@ title: "Donating and Sponsorships"
title-pre-kick: "Donating and "
title-kick: "Sponsorships"
title-post-kick: ""
cn-title: "募捐及赞助"
cn-title-pre-kick: "募捐及"
cn-title-kick: "赞助"
cn-title-post-kick: ""
kick-class: "kicks"
icon: "icon_donations"
attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and is licensed under Creative Commons BY 3.0 -->"
......
......@@ -4,6 +4,10 @@ title: "Monero Merchants and Services Directory"
title-pre-kick: "Monero "
title-kick: "Merchants and Services "
title-post-kick: "Directory"
cn-title: "门罗币(Monero)商家及服务目录"
cn-title-pre-kick: "门罗币(Monero)"
cn-title-kick: "商家及服务"
cn-title-post-kick: "目录"
kick-class: "purple-kicks"
icon: "icon_merchants"
attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and is licensed under Creative Commons BY 3.0 -->"
......
......@@ -4,6 +4,10 @@ title: "How to Run a Monero Node"
title-pre-kick: "How to Run a "
title-kick: "Monero Node"
title-post-kick: ""
cn-title: "如何运行门罗币网络节点(Monero Node)"
cn-title-pre-kick: "如何运行"
cn-title-kick: "门罗币网络节点(Monero Node)"
cn-title-post-kick: ""
kick-class: "yellow-kicks"
icon: "icon_node"
attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and is licensed under Creative Commons BY 3.0 -->"
......
......@@ -4,58 +4,56 @@ title: "About Monero"
title-pre-kick: "About "
title-kick: "Monero"
title-post-kick: ""
cn-title: "关于门罗币(Monero)"
cn-title-pre-kick: "关于"
cn-title-kick: "门罗币(Monero)"
cn-title-post-kick: ""
kick-class: "kicks"
icon: "icon_about"
attribution: "<!-- Icon is based on work by Freepik (http://www.freepik.com) and is licensed under Creative Commons BY 3.0 -->"
---
## About Monero
## {% t kb.about.about_title %}
To most people, financial privacy is very important. Yet in recent years, we have seen a staggering amount of big corporations, banks and governments having their records compromised, at every time leaking information about their users, their practices, their balance sheets. The unfortunate but undeniable conclusion is that there is no safe place to conduct private transactions.
There was no safe place to conduct private transactions. Monero provides a place where your financial activities are private. Monero is one of the leading cryptocurrencies in the post-Bitcoin world, and it is built on principles of privacy, decentralization, and scalability.
From an economic point of view, a currency needs to be fungible. Fungibility is a property of money that makes all units "equal". Without fungibility, money flows can be tracked and tainted, making it very difficult to use the digital tokens as money.
{% t kb.about.about_text_1 %}
Monero is a secure, private, untraceable currency. It is open-source and freely available to all. It’s fairly launched on april 18th 2014, without premine or instamine.
The Monero technology already spiked the interest of several established people in the bitcoin development world and cryptography community.
The development is completely based on donations, community driven and with a strong focus on decentralization and scalability.
With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes.
{% t kb.about.about_text_2 %}
Read on to find out how Monero is helping to solve real problems and limitations of existing cryptocurrencies, and building a more private blockchain.
{% t kb.about.about_text_3 %}
## PRIVACY
{% t kb.about.about_text_4 %}
Monero seeks to provide absolute transactional privacy in an effort to create true electronic cash. With Bitcoin, as well as with the vast majority of cryptocurrencies that have been established since, any and all transactions are entirely traceable. Any casual observer can read through the Bitcoin blockchain, and for any transaction, this observer can find out the exact amount that was transacted, as well as the precise transaction origin (sender address) and destination (recipient address).
## {% t kb.about.privacy_title %}
{% t kb.about.privacy_text_1 %}
With Monero, for any private transaction, the same observer has no means to uncover the origin, destination, or amount transacted. As such, transactions on the Monero blockchain, are private and fundamentally untraceable.
But Monero is more than a currency. Driving the official slogan: “secure, private, untraceable”, there are a multitude of applications where the parties involved wish to remain private. The Monero blockchain can keep confidential contracts confidential. While the forthcoming, blockchain-powered internet of things will certainly place the cloud all around us, it is then increasingly important that open access tools exist to provide a secure boundary for private settlements.
{% t kb.about.privacy_text_2 %}
{% t kb.about.privacy_text_3 %}
{% t kb.about.privacy_text_4 %}
{% t kb.about.privacy_text_5 %}
An often overlooked, but nonetheless important layer of privacy in a connected world, is that of the networking infrastructure. We have teamed up with Privacy Solutions, and development is well underway to incorporate an i2p router in Monero. In a world where ill intentioned governments and ISPs can void an individual’s basic privacy rights on a whim, it then becomes necessary to establish a private communication platform.
## {% t kb.about.decentralization_title %}
The underlying technologies and cryptography upon which Monero is built, has been (and continues to be) the subject of extensive analysis and review by numerous individuals and research groups. It has garnered favorable attention by some of the most prominent figures of the Bitcoin & cryptography world, such as Andrew Poelstra (andytoshi), Gregory Maxwell & Nicolas Courtois.
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With Monero, transactions are private by default. However, each user has the ability to select different levels of privacy, optionally disclosing their transaction information, or even provide audit access (view only) to his full Monero account.
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## DECENTRALIZATION
While most cryptocurrencies align to theoretical principles of decentralization, the reality is, that most fall short of such a claim. More often than not, it is not just one branch of a cryptocurrency system that is centralized in one form or another, is that that many branches are so.
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With Proof of Stake currencies, irregular emission and distribution models cause most of the staking power to end up in the hand of a privileged few. Participants of lesser weight are reduced to second class citizens, with little chance of ever obtaining similar returns.
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With Proof of Work currencies, of which Bitcoin remains the most significant reference, the mining process is largely concentrated in a handful of pools. This centralization of mining power, combined with a transparent blockchain, has already lead to various occurrences of transaction censorship.
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Other currencies opt for a closed development model, thus centralizing the invention process itself. These closed platforms commonly fail to meet any form of public audit or expert review. More importantly, these are platforms that will anytime swing left and right, in order to satisfy the interests of the restricted group that holds control of development.
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Monero contrasts with these examples in various and meaningful ways. Monero is powered strictly by Proof of Work, but specifically, it employs a mining algorithm that has the potential to be efficiently tasked to billions of existing devices (any modern x86 CPU).
This very characteristic, and more so once it is coupled with @Smart Mining, has the potential to ensure that for long years to come, the process of mining new Monero coins is within reach of the common individual, and not an exclusive opportunity to the owners of large mining operations.
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Further, as transactions are private by default on the Monero blockchain, transaction censorship is inherently void.
The Monero development landscape on the other hand, is very much the opposite of a closed or restricted access model. The core branch currently enjoys more than 30 contributors, pushing 1000+ commits over the past year. The project is happy to take on new contributors and any future plans, long term direction and priorities are openly discussed with the community. Indeed, the policy that governs contribution to the Monero codebase is exhaustingly inclusive - all contributions are accepted into the development branch, where new code can be scrutinized and tested by the entire community.
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Most contributors in the Monero development landscape are quite passionate for an open source philosophy, and in this rich creative environment, new projects have sparked to life. @OpenAlias is one notable example, which has seen adoption by (amongst others) a major Bitcoin related software product.
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## SCALEABILITY
One of the problems with cryptocurrencies is scaleability. Most cryptocurrencies are derived from the Bitcoin codebase and thus have a "block size limit". This limit has become a big issue in the bitcoin community and lead to fierce discussions.
Monero doesn't suffer from this block size debate, because it has a dynamic block size limit. This limit is automatically recalculated regularly based on a look-back window. A penalty system prevents out of control growth of the block size.
Another issue with most cryptocurrencies is the development of a fee market. This issue is somewhat linked to the block size debate: the narrative is that when you limit the block size, a fee market will eventually develop. But this claim is highly debatable. When the transaction fees are supposed to be the main incentive for miners to secure the blockchain, it is possible the current consensus model will not be sustainable. At the moment, miners still act as they are expected: they mine on the longest chain. When they don't do that, they risk loosing the block reward. But when that block reward becomes small compared to the mining fees, it's possible miners will have an incentive to not mine on the longest chain and start a fork trying to "steal" high transaction fees which were included in the latest blocks. Therefore, monero implements a "permanent block reward". The block reward will never drop below 0.3 XMR, making monero a disinflationary currency: the inflation will be roughly 1% in 2022 and go down forever, but the nominal inflation will stay at 0.3 XMR per minute. This means that there will always be an incentive for miners to mine monero and thus keeping the blockchain secure, with or without a fee market.
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## FUNGIBILITY
Fungibility is an important property of any functioning currency. You can try to hide your bitcoins as much as you want, if you tried to mix your non-fungible coins using a mixer, coinjoin or another type of "anonymity enhancing feature", these transactions can still be flagged as "possible suspicious activity on the blockchain", even if you are anonymous. Using non-fungible tokens as currency can eventually lead to blacklisting/whitelisting either by governments or through self-censorship. Some examples of these measures could be payment procssors or exchanges refusing your tainted coins as a payment or deposit or miners refusing to include your suspicious transaction.
Monero will enforce a minimum mixing across the network, so all outputs are mixed by default. This is possble due to the nature of the mixing: monero mixing is "passive" and can even be done offline! Transaction outputs have "plausible deniability" about their state: you can't tell if they are spent or unspent in a certain transaction or not. This leads to an opaque (non-transparent) blockchain making all coins "equal". Fungibility is built into Monero at protocol level, making it real "digital cash".
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