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Popular privacy solution Monero has seen a development report for
the month of December came out only a couple of hours ago. The relationship was
published by Sarang Noether, mathematician and cryptographer who works at
project.
Noether emphasizes that this last month of the year has seen
activity reduced by contributors, who mostly had time to rest and
Celebrate winter holidays with their friends and families. However, the job was
carried out on the revision of the current software and on the planning of future updates.
"Rewritable substantial" and works on a document that establishes a bit of computation
limits transaction heuristics, generalizes some previous analyzes and establishes
the bases for future research were the key points of the period.
Other reviews have been completed on external requests that have not done so
still been released, submissions that include some ideas for return addresses
and other extensions to the original CryptoNote protocol, transaction
definition formalisations, protocols for swaps and others. The previous StringCT schema has been updated
with basic functionality of the invisible address, a function that was not included
the original version of the prototype.
Finally, Noether emphasizes that a discussion is underway within the Lab to determine ways to further increase the indistinguishability of Monero transactions. You can check the complete update here.
Future Monero
The holders of Monero are constantly disturbed by the possible regulatory effect that the project could receive due to its superior capacity for confidentiality. The FBI has already stated that it has trouble tracking down monote transactions that is a hymn of praise of the monero technology, but has left part of the community's disquiet as the authorities could deem the illegal monarch that would hamper its growth .
In the eyes of his owners, monero has a couple of paths that go on:
"Monero's use must increase and the price should follow: people would massively switch from transparent chains to confused chains for money transfer and store of value.The darknet that do not use Monero will become LE tracking tools.
It seems to be the only natural cause of the events. I keep telling myself, what is it, how can people use Bitcoin or any other open chain for this, when they get money from someone they can check how much their payer left in their hot wallet (maybe they smell their wallets too cold), how many exchanges they used recently and if they sent money to some of your friends' addresses. It is much worse than the classic banks.
At least your merchant does not instantly know your remaining balance or credit score when paying with a card. "
It seems to be the only natural cause of the events. I keep telling myself, what is it, how can people use Bitcoin or any other open chain for this, when they get money from someone they can check how much their payer left in their hot wallet (maybe they smell their wallets too cold), how many exchanges they used recently and if they sent money to some of your friends' addresses. It is much worse than the classic banks. At least your merchant does not instantly know your remaining balance or credit score when paying with a card. "
"The preferred currency for black markets. (Not just dark markets, but also in more authoritarian nations) If the value stabilizes enough, it could be the de facto currency for nations like Venezuela, whose currencies have completely collapsed."
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The writers and authors of CapitanAltcoin may or may not have a personal interest in any of the projects and activities mentioned. None of the contents on CaptainAltcoin is an investment advice, nor does it replace the advice of a certified financial planner.
The opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
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