I have a question for you guys. Monero was forked

Question

I have a question for you guys. Monero was forked

from bitcoin. Are the blockchain was also copied. So all the private keys which were on Bitcoin are also on Monero? (of course the private keys before the fork)

#cryptocurrency #english #xmr

0

21.02.2024

12 ответов

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A T1000

Why would you think that?

0

4 месяца назад

Anton Автор вопроса

A T1000
Why would you think that?

Oh ok, I was wrong. I had the impression since DGB is indirectly a fork from BTC. I thought so is Monero

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4 месяца назад

Parham

Why would you think "private keys" is something to be copied at ledger level anyways?!

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4 месяца назад

Parham

Parham
Why would you think "private keys" is something to...

You don't "Create" one, you actually "Choose" one from the range :)

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4 месяца назад

Anton Автор вопроса

Parham
Why would you think "private keys" is something to...

If a blockchain is copied so will be the private keys

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4 месяца назад

Parham

Anton
If a blockchain is copied so will be the private k...

That's not correct, There's nothing regarding private keys that can be copied. Private keys are simply a number between 0 -> 2^256 which you choose randomly, then use it to get the corresponding public key (wallet address) it proves ownership, and use it to sign outgoing txs for that public key. It's just mathematics, nothing is being copied, just a history ledger :)

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4 месяца назад

Anton Автор вопроса

Parham
That's not correct, There's nothing regarding priv...

If the blockchain is copied so are the transaction records and in this case then also the private keys you can access the wallets

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4 месяца назад

Parham

Anton
If the blockchain is copied so are the transaction...

transaction records doesn't include raw private keys (though there is security suggestions not to use the same address twice), it just uses some math algorithms to prove a correct pk is used to sign a tx but doesn't reveal the actual pk and it's not practical to reverse engineer what would the actual pk used on the tx be (you can search more on this topic on how cryptography works in the security industry, first time I saw how it works it blew my mind how genius it is tbh!)

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4 месяца назад

Anton Автор вопроса

Parham
transaction records doesn't include raw private ke...

I told you its not that deep but you can't leave it 😂

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4 месяца назад

Parham

Anton
I told you its not that deep but you can't leave i...

it actually is a deep idea and a very clever one dude! the whole security of blockchains is built on top of this topic :))

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4 месяца назад