The Currency Analytics
By Dan Saada
Monero Nitrogen Nebula Release
Monero Anonymity Vs. KYC
The Monero Audit Workgroup have been into lot of auditing tasks in the past. They are into a new auditing task now.
Justin Ehrenhofer named, ArticMine, BinaryFate, Justin Ehrenhofer, Sarang Noether (abstained), SerHack as members in the workgroup who do not receive compensation.
Justin Ehrenhofer, recently initiated a funding request for the Concise Linkable Ring Signatures (CLSAG) research process.
The CLSAG basically focuses on ensuring efficient Monero transactions without having to give up on privacy.
"Multilayered Linkable Spontaneous Anonymous Group" is abbreviated as MLSAG. The current CLSAG is an improvement for MLSAG.
The current auditing process is community-sponsored, and therefore the cost breakout has been submitted.
Sydney Ifergan, the crypto expert, tweeted: "Monero (XMR) working a lot on the technical side, while not missing out on the Monero General Fund."
Monero XMR tweeted about the CLI & GUI v0.16.0.0 'Nitrogen Nebula' release.
The Nitrogen Nebula features Dandelion++ and provides for major Bulletproof verification improvements.
Talking about Nitrogen Nebula, the level of work involved is huge. Therefore, anything which tightly integrates with the wallet2 code can actually be a daunting task.
Technical side apart, several investors were asking about how they can get XMR for free. For now, the only way to get free Monero is to mine the CPU using the GPU.
While Monero speaks about anonymity, they are asking for KYC. This appears contradicting. However, KYC is considered important to ensure long term support, and it is not…
Support is improving because Merchants are making money useful by accepting XMR, and they are exchanging goods and services for it, thus adding to the value of XMR.