Upcoming Monero (XMR) Hard Fork Aims for Faster, Cheaper, and More Private Transactions | CryptoGlobe

in dlike •  last year 


"Approximately" scheduled for October 18th, Monero's (XMR) upcoming hard fork aims to "tweak" its current proof-of-work (PoW) protocol. This will be done to "further preserve ASIC resistance." The hard fork will also increase ring signature size to 11 (mixin 10) to make transactions more private and BulletProofs, instead of Borromean range proofs, will be used - which will reduce transaction data size by about 80% and enable faster transactions.

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Increasing the pace of their work day by day hard fork