common-close-0
BYDFi
รับแอปและเทรดได้ทุกที่!

How has Monero's hard fork on August 13 strengthened its security and privacy?

avatarMuhammad MuhammadDec 15, 2021 · 3 years ago1 answers

Can you explain how Monero's hard fork on August 13 has improved the security and privacy features of the cryptocurrency?

How has Monero's hard fork on August 13 strengthened its security and privacy?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    As an expert in the field, I can confidently say that Monero's hard fork on August 13 has significantly bolstered its security and privacy features. The introduction of RandomX has made Monero mining more resistant to ASICs, ensuring a more decentralized network and preventing mining centralization. Additionally, the implementation of Dandelion++ has enhanced transaction privacy by obscuring the origin of transactions, making it harder for anyone to trace them back to their source. These improvements have solidified Monero's position as a leading privacy-focused cryptocurrency, providing users with a secure and private digital currency for their transactions.