Monero hard fork with updated mining algorithm will take place …

Monero hard fork with updated mining algorithm will take place on November 30

Developers cryptocurrencies Monero has officially set a launch date for the next update, which will require a hard fork. The twelfth version of the protocol should be activated in the evening of November 30 on block number 1978433.

Besides of this, in open access the current version of the client based on the command line was posted, which is necessary for participating in a hard fork. Users should install customer Carbon Chamaeleon to continue to participate in consensus building networks after updates.

Monero hard fork with updated mining algorithm will take place ...

The most notable part new protocol versions is an implementation of the RandomX mining algorithm, which “Will promote resistance to ASIC miners” on step forward. According to the idea of ​​developers, the owners of specialized equipment for mining cryptocurrency should not have an advantage over miners with publicly available CPU and GPU. For achievement this tasks semiannually they are partially change mining algorithm. According to the announcement, most AMD and Intel CPUs after 2011 of the year should be competitive enough with the launch of RandomX.

A number of more minor improvements to privacy and user experience. So, long payment identifiers will be excluded, which should have a positive effect on working with services and exchanges. Starting next month transactions Monero will be require by at least two outputs. Besides Togo, at the protocol level will be the blocking period for incoming payments is set at 10 blocks, which corresponds about 20-25 minutes.

Previously Monero support was added to Bity payment terminals.