Get ready for a new and improved Monero this weekend. Here's what to expect from the scheduled upgrade to the privacy-focused protocol. FrederickMunawa reports.
), is an open-source project that launched in 2014 as “Bitmonero.” It claims XMR is a secure, private and untraceable cryptocurrency that keeps financial transactions confidential.
The upgrade will be implemented via a hard fork – a permanent change to the blockchain that isn’t backwards-compatible . “Upgrade your software today to Monero v0.18,” said one Monero developer in an interview with CoinDesk on Friday. He added that users should familiarize themselves with the MoneroMonero: The Privacy Coin ExplainedMonero uses innovative cryptography to offer a high level of privacy and security to its users. Some of the cryptocurrency’s key features include:digital signatures that can be produced by any member in a group.
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