How does Monero store its blockchain?

3 answers

• Dec 29, 2021 · 3 years ago
  Monero, like many other cryptocurrencies, stores its blockchain using a decentralized ledger system. This means that the blockchain is not stored in a single location, but rather distributed across multiple nodes in the network. Each node maintains a copy of the entire blockchain, ensuring redundancy and security. The blockchain is stored in a series of blocks, with each block containing a list of transactions. These blocks are linked together using cryptographic hashes, creating an immutable and tamper-proof record of all transactions. In Monero's case, the blockchain is stored using a technology called CryptoNote, which provides enhanced privacy and security features.
  678339
• Dec 29, 2021 · 3 years ago
  Monero's blockchain is stored using a technology called CryptoNote. This technology ensures that transactions are private and untraceable, making Monero a popular choice for those who value privacy. The blockchain is stored on multiple nodes in the network, ensuring redundancy and preventing a single point of failure. Each node maintains a copy of the entire blockchain, which is constantly updated as new transactions are added. This decentralized approach to storing the blockchain makes it resistant to censorship and tampering.
  533178
• Dec 29, 2021 · 3 years ago
  Monero's blockchain is stored using a decentralized ledger system, similar to other cryptocurrencies. This means that the blockchain is distributed across multiple nodes in the network, ensuring redundancy and security. Each node maintains a copy of the entire blockchain, which is constantly updated as new transactions are added. The blockchain is stored in a series of blocks, with each block containing a list of transactions. These blocks are linked together using cryptographic hashes, creating an immutable and tamper-proof record. Monero's blockchain storage system provides enhanced privacy and security features, making it a popular choice for those who value anonymity.
  680170