Story: Monero has transaction fees, and Miners Tend to Pick High Priced Blocks

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On November 30, 2019, there is a scheduled network upgrade on the Monero network.  RandomX, a new long-term proof of work algorithm, will be introduced.

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All the benefits of decentralized cryptocurrency are available without any privacy concessions.

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One of the tweets read, “U.S. customers of Abra (a crypto wallet and investment app provider) are now able to deposit, withdraw, or trade Monero!”

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The price of Monero XMR/USD is heading towards can upward channel formation.  The RSI indicator was trending somewhere around 62.15.

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Monero has transaction fees. Miners tend to pick on the blocks that have high transaction fees. A secure transaction fee takes place between 20 and 25 minutes.

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Monero has achieved a market capitalization of $1.14 billion.  About $212.50 million worth in Monero was traded on the exchanges over the past 24 hours.

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The official post read:  "CLI v0.15.0.0 'Carbon Chamaeleon' released. To be prepared sufficiently for the scheduled protocol upgrade on November 30, 2019, the exchange,…

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There will be no need for a resync of the blockchain, and the new version will pick from where you left off.

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One of the tweets read:  "Yeah, Monero does not rely on pump n dumps; it just works as intended. Love the no-nonsense approach.

The Currency Analytics

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