Neutrino is a virtual currency that offers enhanced privacy and security features and is designed to make financial transactions private by default in much the same way that secure connections (SSL) are the default choice for most Internet communication and commerce.
Neutrino is focused on protecting the privacy of financial transactions, including implementing Transaction Isolation, ensuring your personal transaction data is not revealed to third parties.
All communication on the Neutrino network is encrypted using Tor, an open-source utility trusted by millions to help protect their privacy on the Internet.
Neutrino breaks the link between the end users and the rest of the network, allowing users to transact without revealing their location.
Neutrino directly integrates Tor making each Neutrino node a Tor hidden service on the network. This enables a distributed, anonymous and end-to-end encrypted network that is highly resistant to third party eavesdropping and censorship.
You can read more about how Neutrino uses Tor in the white paper: Neutrino: Peer-to-peer private cryptographic currency with integrated Tor hidden services.
Getting started with Neutrino is as easy as downloading and installing a Neutrino wallet on your computer. The wallet will create your first Neutrino address and you can begin to receive payments with that address from anyone with whom you share your address. After your first address is created, you can create as many addresses as you’d like in your wallet. it is recommended that you only use a single Neutrino address once.
A transaction is a transfer of neutrinos between wallets that is recorded and validated (confirmed) in a distributed ledger known as the block chain. All of your transactions are signed by a secret piece of data, known as a private key, that is unique to each Neutrino address. This private key is used to digitally sign each of your transactions, proving that the transaction belong to you and only you. Signed transactions are bundled into blocks of transactions and confirmed by the rest of the network through a process called mining. A new block of transactions is confirmed approximately every 2.5 minutes.
All transactions in the Neutrino network are confirmed and included in the block chain through a distributed consensus system called mining. Transactions are bundled into blocks and each transaction is verified with cryptographic rules that prevent tampering. To learn more about mining including how to mine Neutrino yourself, visit How To Mine Neutrino.
Neutrino wallets calculate their spendable balance by adding up the net total of all confirmed transactions associated with Neutrino addresses in the wallet. When you receive neutrinos, they will initially appear in your wallet as 'Unconfirmed'. This means that the transaction has yet to be confirmed by the network.
Neutrino is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
Neutrino's source code is available publicly on GitHub: