Monero Announces Network Updates
Hello guys, finally an update from Monero.
Privacy coin Monero (XMR) has announced an hardforks to take place on October 18th and 19th, which will improve network efficiency, and update XMR’s algorithm, making it more ASIC resistant.
The update will also introduce Bulletproofs concept, which will verify the amount without revealing any details.
Investors expect the update to increase XMR adoption, as users search for a reliable, secure privacy coin, and possibly a ‘pump’ in price as well.
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I love to see activity from the devs. Communication is key to keep the community happy and to show that the project is still alive and well.