From 2e20ca90098819286e202e6def20a2b15ad4be5f Mon Sep 17 00:00:00 2001 From: lethos3 Date: Mon, 3 Oct 2016 06:41:56 +0900 Subject: [PATCH] Update README.md mnemonic wallets have 25 words. --- README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/README.md b/README.md index df957d9d..88640f97 100644 --- a/README.md +++ b/README.md @@ -19,7 +19,7 @@ Monero is a private, secure, untraceable, decentralised digital currency. You ar **Privacy:** Monero uses a cryptographically sound system to allow you to send and receive funds without your transactions being easily revealed on the blockchain (the ledger of transactions that everyone has). This ensures that your purchases, receipts, and all transfers remain absolutely private by default. -**Security:** Using the power of a distributed peer-to-peer consensus network, every transaction on the network is cryptographically secured. Individual wallets have a 24 word mnemonic seed that is only displayed once, and can be written down to backup the wallet. Wallet files are encrypted with a passphrase to ensure they are useless if stolen. +**Security:** Using the power of a distributed peer-to-peer consensus network, every transaction on the network is cryptographically secured. Individual wallets have a 25 word mnemonic seed that is only displayed once, and can be written down to backup the wallet. Wallet files are encrypted with a passphrase to ensure they are useless if stolen. **Untraceability:** By taking advantage of ring signatures, a special property of a certain type of cryptography, Monero is able to ensure that transactions are not only untraceable, but have an optional measure of ambiguity that ensures that transactions cannot easily be tied back to an individual user or computer.