/biz/ - Business & Finance

>>53144614
>Wouldn’t the Monero trackers that provide total XMR show this increase?

Yep, every time you sync a node the total supply is validated. There's a more in-depth rundown on what measures are in place to ensure supply reliability here:

>Check the ring signatures
The goal here is to validate the transactions by checking its signature. We will need to understand the ring signature scheme in the Pre-RingCT Era, the adoption of the generalization of ring signatures MLSAG (Multilayered Linkable Spontaneous Anonymous Group) and a more concise ring signature scheme CLSAG (Concise Linkable Spontaneous Anonymous Group).

>Check the amounts
The goal here is to confirm that the amount of XMR in the inputs are equal to the amount of xmr in the outputs. We will understand rangeproofs and how the amounts are hidden.

>Check the uniqueness of key images
The goal here is to scan the blockchain and confirm that every key_image is unique in the key_images set to prevent a double-spending transaction.

>Check the emission
The goal here is to scan the blockchain and confirm that the miners generated up to the maximum XMR values allowed according to the pre-stablished emission curve. We also want to verify that the collected fees match the equation fees = inputs - outputs.

https://www.moneroinflation.com/approach

Updated and reupped to the Info-Dump.