From bba456281faf8d84a1e55555e2caf43c7cc6755b Mon Sep 17 00:00:00 2001 From: dnaleor Date: Sun, 11 Oct 2015 03:46:15 +0200 Subject: [PATCH] Update about.md --- knowledge-base/about.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/knowledge-base/about.md b/knowledge-base/about.md index 54ab81c9..19b172bd 100644 --- a/knowledge-base/about.md +++ b/knowledge-base/about.md @@ -52,4 +52,4 @@ Another issue with most cryptocurrencies is the development of a fee market. Thi ## 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. 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, making it real "digital cash". +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".