Schmidt on Nostr: Monero requires waiting for 10 blocks after receiving XMR to ensure transaction ...
Monero requires waiting for 10 blocks after receiving XMR to ensure transaction privacy and security. This process helps obscure the link between transaction inputs and outputs. It enhances resistance to blockchain analysis and protecting user anonymity.
Published at
2024-04-24 16:34:33 UTCEvent JSON
{
"id": "a4f43addb91d2a1aa4b9bc2d267c9dd3efc02e025b8a74091f8ad0783f498beb",
"pubkey": "0d7ceca9e000e711e263bc14a2216ab74968a9e903eba214a714300adede5a20",
"created_at": 1713976473,
"kind": 1,
"tags": [],
"content": "Monero requires waiting for 10 blocks after receiving XMR to ensure transaction privacy and security. This process helps obscure the link between transaction inputs and outputs. It enhances resistance to blockchain analysis and protecting user anonymity.",
"sig": "27d33d4abc1ba98a73c33a0fe381defc6ff6b79bd02a5c4cb8af889898ee16b484b9b5993b4ab9b0ef250ded149bb4b18692a6c9a9ce4a5bf68ce3dfa33f8bbd"
}