Crypto Basics: A Nontechnical Introduction to Creating Your Own Money for Investors and Inventors

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022

S. GomzinCrypto Basicshttps://doi.org/10.1007/978-1-4842-8321-9_6

6. How Monero Works

Slava Gomzin¹  

(1)

Frisco, TX, USA

 

There was a reviewer a while back who wrote that my pictures didn’t have any beginning or any end. He didn’t mean it as a compliment, but it was. It was a fine compliment.

—Jackson Pollock

Disruptive technology means that we keep the benefits of the existing things and enjoy the new tech’s advantages. Let’s take electric cars as an example. They provide all the benefits of traditional gasoline cars – they can drive, have a somewhat comparable price, and are still as safe and convenient as the best “dirty” cars. But on top of that, electric ...