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monero-lws

This project is NOT a part of the official monero "core" code, but will hopefully be merged into that project as a new repository seperate from the monero-project/monero repository.

Table of Contents

Introduction

Monero is a private, secure, untraceable, decentralised digital currency. You are your bank, you control your funds, and nobody can trace your transfers unless you allow them to do so.

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 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.

Decentralization: The utility of monero depends on its decentralised peer-to-peer consensus network - anyone should be able to run the monero software, validate the integrity of the blockchain, and participate in all aspects of the monero network using consumer-grade commodity hardware. Decentralization of the monero network is maintained by software development that minimizes the costs of running the monero software and inhibits the proliferation of specialized, non-commodity hardware.

About this project

This is an implementation of the Monero light-wallet REST API (i.e. MyMonero compatible). Clients can submit their Monero viewkey via the REST API, and the server will scan for incoming Monero blockchain transactions.

Differences from OpenMonero:

  • LMDB instead of MySQL
  • View keys stored in database - scanning occurs continuously in background
  • Uses ZeroMQ interface to monerod with chain subscription ("push") support
  • Uses amd64 ASM acceleration from Monero project, if available
  • Supports webhook notifications, including "0-conf" notification

License

See LICENSE.

Compiling Monero-lws from source

Dependencies

The first step, when buiding from source, is installing the dependencies of the monero project. monero-lws depends on the monero project for building, so the dependencies of that project become the dependencies of this project transitively. Only the "non-vendored" dependencies need to be installed. There are no additional dependencies that need installing.

Beginner Build

The easiest method for building is to use git submodules to pull in the correct Monero project dependency:

git clone https://github.com/vtnerd/monero-lws.git
mkdir monero-lws/build && cd monero-lws/build
git submodule update --init --recursive
cmake -DCMAKE_BUILD_TYPE=Release ../
make -j$(nproc)
  • On macOS replace -j$(nproc) with -j8 or the number of cores on your system.
  • Each branch (master, and develop) should have the correct submodule for building that particular branch.
  • The submodule step is being run inside of the monero-lws directory, such that all of vendored dependencies are automatically fetched.
  • The instructions above will compile the master (beta) release of monero-lws
  • The resulting executables can be found in monero-lws/build/src

Advanced Build

The monero source and build directories can be manually specified, which cuts the build time in half and potentially re-uses the same source tree for multiple builds. The process for advanced building is:

git clone https://github.com/monero-project/monero.git
git clone https://github.com/vtnerd/monero-lws.git
mkdir monero-lws/build
mkdir monero/build && cd monero/build
git submodule update --init --recursive
cmake -DCMAKE_BUILD_TYPE=Release ../
make -j$(nproc) daemon multisig lmdb_lib
cd ../../monero-lws/build
cmake -DCMAKE_BUILD_TYPE=Relase -DMONERO_SOURCE_DIR=../../monero -DMONERO_BUILD_DIR=../../monero/build ../
make -j$(nproc)

The master/develop branches of lws should compile against the master branch of monero. The release branches specify which monero branch to compile against - release-v0.3_0.18 indicates that monero 0.18 should be used as the source directory. The beginner build process handles all of this with git submodules.

  • On macOS replace -j$(nproc) with -j8 or the numebr of cores on your system.
  • Notice that the submodule step is only being run in the monero project; monero-lws intentionally does not initialize submodules in the advanced mode of building.
  • The instructions above will compile the master (beta) release of monero-lws.
  • The resulting executables can be found in build/src

Running monero-lws-daemon

The build places the binary in src/ sub-directory within the build directory from which cmake was invoked (repository root by default). To run in foreground:

./src/monero-lws-daemon

To list all available options, run ./src/monero-lws-daemon --help.

About

Monero Light Wallet Server (scans monero viewkeys and implements mymonero API). Fast LMDB backend.

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