Eduard Watson

4 months ago

We've recently reported that Monero will be holding a conference on June 22 and 23 at Denver, Colorado.

According to the Monero team, the conference is targeting all the enthusiasts of privacy who believe that this is a fundamental right.

Monero is in the spotlight again, but this time it’s about its efforts to enhance scalability.

The development team has recently added blockchain pruning to its software.

Blockchain pruning

This is a feature that allows users to optionally prune about 2/3 of the blockchain data while still contributing to the network.

An additional feature that is called I2P-zero has also been “bundled” with Monero as CryptoNewsZ puts it.

This allows users to use Monero nodes in a more private way by securing metadata and obfuscating the users’ IP address.

Things seem to be going good for Monero these days.

The online publication mentioned above notes that the latest RandomX protocol update and few fundamental changes in the security patched, and the auditing of the blockchain – all these will trigger enhanced interest and trust from potential investors.

Overcoming scalability issues

Not too long ago, the Monero (XMR) development team addressed the phasing out of long payment IDs.

These are reportedly not beneficial at all for privacy, and they are also a source for unpleasant user experience.

The team recommended an upgrade to sub-addresses soon, and CryptoNewsZ online publication addressed the issues and saw this as a positive step from the dev team in order to enhance scalability.

Other than this, Monero was also recently placed under the spotlight following a report by Reuters but which has not been received with open arms by the Monero Outreach community because it was focusing too much on illegal use of XMR and less on the coin's massive benefits.

Monero Outreach responded with a whole new blog post titled A Response to Reuters and which was published on 20th May.

People Mentioned

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

Justin Sun

Founder of TRON (TRX)

Companies Mentioned

Justin Sun

Founder of TRON (TRX)

Justin Sun

Founder of TRON (TRX)

+ 1.45%
Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
SportBet.io

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Binance

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Kraken

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Trending news

Advertise

Trending news

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Icon
Gemini

4.85

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
7bitcasino

4.20

Read Review - Website

Top Sportsbook
Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
1xBit

4.0

Read Review - Website

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1366 Articles
7255 Followers