Altcoins News

Story: Monero (XMR) Efficiency Improves with CLSAG Good for Reasons Related to Privacy

By Maheen Hernandez

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Monero (XMR) and Tari Labs to Release Guides to Help Exchanges

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CLSAG is set to improve the efficiency of Monero (XMR).  This is yet another dimension to innovate in the Monero ecosystem.

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CLSAG is the abbreviation for Concise Linkable Spontaneous Anonymous Group.  MLSAG is the old version of the linkable ring signature scheme.

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The Ring Signatures Concept permits for non-interactive inputs, which are witness indistinguishable and very useful in helping with user anonymity, based on previous outputs.

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However, when the user is looking to construct a ring structure with all the outputs, the question that arises is whether the unknown sender who does not have the authority to…

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Sydney Ifergan, the crypto expert tweeted:  “Monero (XMR) is good for reasons related to privacy and they have the math and method in place to ensure that fake transactions are…

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The CLSAG is a much faster way than the MLSAG (Multilayered Linkable Spontaneous Anonymous Group) and also safe and efficient.

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Meanwhile, Monero and Tari Labs are set to release guides to help exchanges list their privacy coins.

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The guide will let the exchanges know about how they will be able to list Monero while at the same time complying with regulations.

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