Monero RandomXalgorithm upgrade got focused on banning ASIC mining from the network.
Monero recentlytweeted, “The latest @Monero network upgrade introduced a new impressivefeature. RPC-Pay is an innovative way to incentivize server operators to earnMonero as an alternative to ad revenue. This has the potential to berevolutionary.”
The feature gotexpected to facilitate a revolutionary effect. Previously, the public Monero node did not generate any income directly,and it was a matter of concern for the operators. The incentive facilitated by RPC-payis believed to motivate operators of the public Monero Node.
Payment is made inhashes. The hashes are calculated by theRPC client itself. The feature is said to contribute in a great deal for thedecentralization of Monero. Privacy is yet another advantage.
Mastering Monero tweeted: “It's a pleasure for us to announce the Chinese translation of Mastering Monero, translated by wonderful members of the Chinese Monero community.”
The PDF is available for free download or donation by thosewho are willing to donate.
Sydney Ifergan, the Crypto Expert, tweeted: "The best technology sounds dumb when people do not understand it. It is nice that the Chinese translation of Mastering Monero is now available, thereby improving reach.”
Monero continues to be the favorite privacy coin. There isextensive data obfuscation, and the blockchain facilitates absoluteanonymity. "CryptoNote isthe basis for Monero’s inner modus operandi.”
The credits to the correctfunctioning of the Ring transactions in Monero goes to CryptoNote codebase.Monero works with several types of wallets. The official PC wallet is accessible in CLI and GUI versions.
The ring signatures consist ofreal persons, bots, or mixins. With time, every transaction becomes mixins.Mixin is the shadow of the previous XMR transaction, which the wallet adds tothe transaction. For instance, it is the ghost of the transaction, which takesits roots in the past.
Riccardo Spagni tweeted:“Turns out DeFi was actually CeFi allalong." This, he stated in responseto another tweet from Chris Blec.
Chris Blecconveys that almost every DeFi smart contract consists of an admin key and thatthe admin key can be used maliciously if it falls into the wrong hands. Blecfurther tweeted that it is tough to know how these keys are protected.
The priceof Monero XMR/USD has improved from $61 to $71. The price has gained 17% in a short period. On the daily chart, theprice is trending in the critical supply area at $70 to $73. This is consideredto be a potential double top structure, and it is important for the bulls tobreak out to pass the bearish trend indicator.
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