Make earnings with no risk
Automated AI-driven system makes the trades, you earn the money
Join now
News

Privacy Protocol Monero Plans its 15th Hard Fork to Improve Network Security

0
Unlock gold metal padlock with key on modern white keyboard, plastic electronic circuit board on background. Digital data, encryption, online password, cyber security, information privacy concepts.

Privacy protocol Monero is set to undergo a tentative hard fork in July to improve network security and fee changes.

Source: Github.

XMR USD down -4.47%, BTC US down -0.04%

A testnet deployment is set for May. No separate coin will be issued after the mainnet hard fork at a block height of 2,668,888, which is set to be finalized in July.

Hard forks refer to the adjustments to a blockchain protocol that makes the older versions invalid.

Monero is a privacy-centric protocol that masks the wallet addresses of users, making it challenging to track transactions.

This contrasts with Bitcoin (BTC) and other cryptocurrencies, whereby wallet addresses and transactional behavior can be monitored to identify their users.

Monero’s fifteenth software version (V15) would see an increase in Monero’s ring size from 11 to 16 while fixing its multiple signature process.

The V15 upgrade would also establish “bulletproof+,” an upgrade to the bulletproof technology launched on Monero in 2018.

fxcoach

Bitcoin Rainbow Chart Trading Strategy: Make a Bundle

Previous article

How to Find New Crypto Coins: Profitable Listings 2022

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in News