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      Monero(XMR) Major Upgrade

      https://s1.coincarp.com/logo/1/monero.png?style=36's logo Monero(XMR)
      $229
      0.24%
      13 August 2022 UTC Liberación

      Saturday's scheduled upgrade will introduce several features. Here are some of the expected changes and improvements:

      • The number of signers for a ring signature will increase from 11 to 16 for every transaction.
      • Bulletproofs+, an upgrade to the current Bulletproofs algorithm, will be introduced. Bulletproofs+ reduces transaction size and increases transaction speed. Overall performance is expected to improve by 5%-7%.
      • View tags will be a new way to speed up wallet syncing by 30%-40%.
      • Fee changes will minimize fee volatility and improve overall network security.
      • Multisignature functionality will be improved and critical security patches will be added.

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