CryptoNote
CryptoNote is an application layer protocol designed for use with cryptocurrencies that aims to solve specific problems identified in Bitcoin. Namely:
- Traceability of transactions
- The proof-of-work function (see Bitcoin network)
- Irregular emission
- Hardcoded constants
- Bulky scripts
- Financial privacy
| Original author(s) | Nicolas van Saberhagen |
|---|---|
| Repository | |
| Written in | C++ |
| Operating system | Windows, Unix-like, OS X |
| Type | Cryptocurrency, anonymity |
| License | MIT License |
| Website | cryptonote |
The protocol powers several decentralized privacy-oriented cryptocurrencies, including Monero, MobileCoin and Safex Cash.
Nothing is known about the original author of CryptoNote, "Nicolas van Saberhagen." Its mathematical component and motivation are described in the article "CryptoNote Whitepaper", released in two editions: in 2012 and in 2013. Launched in the summer of 2012, Bytecoin was the first cryptocurrency to use this technology. Later, several teams launched their networks, based on the Bytecoin code.
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