The technical aspects of Monero and Zcash explained
Monero, also known as XMR, and Zcash, are two popular crypto currencies that use different technical approaches to protect transactions. In this article, we will deepen the fundamental mechanics of these two crypto currencies, exploring their main resources, security measures and implications.
MONERERO (XMR) Technical approach
Monero is a private curine curine that uses an exclusive algorithm of encryption called the ring signatures. This approach provides anonymous transactions without discovering any personal or identification information about the sender or recipient.
Here’s how it works:
- Creating a transaction : When a transaction creates, the monet generates a “ring signature” using a pre -calculated ring for hashes. Each hash point in the ring corresponds to a specific data structure.
- Cryption : The generated ring signature is then encrypted using a custom encryption scheme called MPC (multi -party computer). This ensures that only authorized parties can access and check the transaction information.
- Verification : A group of us, common known as “consensus” or “network”, checks the signature of the ring. They use their collective computer power to deal with complex mathematical violation, ensuring the integrity of the transaction.
Zcash Technical Argion
Zcash is another private crypto currency that uses a different technical approach. Uses a combination of techniques, including:
- UnsPrazing knowledge of knowledge : Zcash depends on zero systems of evidence of knowledge, such as the ZK-Garks (non-inkicative knowledge of the knowledge of zero knowledge). These evidence enables the transfer of private data without discovering anyone.
- Homomorphic encryption : Zcash uses a homomorphic encryption, which allows calculating directly on encrypted data. This allows safe and effective transactions processing.
Security Resources
Both Monero and Zcash have impressive security features:
- Private Transactions : As mentioned above, these crypto currencies use the signatures of the ring and zero knowledge tests to ensure anonymity.
- Homomorphic cryptography
: Your homomorphic resources for encryption allow safe calculation in encrypted data, which makes it difficult for invades to compromise the system.
Comparison MONETO and ZCASH
Although both crypto currencies share some similarities, there are also significant differences:
- Scalability
: Access to the signature of the MONTY Ring is more scalable than a solution based on zero knowledge.
2.
Conclusion
Monero and Zcash are two different crypto currencies, with unique technical approaches to securing transactions. Although they both offer impressive security features, they have different strengths and weaknesses.
Access to signing a monet of the ring provides anonymous transactions with a higher scalability rate, but may be slower in processing transactions due to an intense calculation process.
The solution based on a solution based on zero knowledge allows for faster processing of transactions, but depends on more complex mathematical puzzles to check the transactions. As the CRIPTO currency scenario continues to develop, it is crucial to developers and users to understand these technical aspects of Monero and Zchash to make informed decisions about which cryptocurrency adopt.
References
- [1] Team MONETO. (2018). Ringing signatures.
- [2] Zcash team. (2020). Zero knowledge tests.
Note: This article is intended only for information purposes and should not be used as an advisory or investment orientation. The above data is based on sources available to the public and cannot reflect the most market conditions.
