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Former Monero Lead Maintainer Talks on CBDCs & Privacy

Australia are now demanding customers to provide detailed invoices about the use of their funds as a condition for honouring transactions. Riccardo Spagni recently spoke on the state of privacy in the context of many problems that have come up over the past few months. Over the past 30 years, we have seen many advancements in technology. This includes things that are day-to-day uses such as smartphones, computers and of course, cryptocurrency. In a recently surfaced report, it indicates that banks in Australia are now demanding customers to provide detailed invoices about the use of their funds as a condition...

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Is Trezor Prone to Breaches? Ex-Monero Maintainer Riccardo Spagni Seems to Think so 

Ever since the leading cryptocurrency came into existence more than a decade ago, breaching attacks have always been able to make the headlines. The rising trend of hacks and security breaches alone show there has always been some pretty substantial development in regards to avoiding such activities. Ever since the leading cryptocurrency came into existence more than a decade ago, breaching attacks have always been able to make the headlines. Even when it comes from established platforms that have seen security compromised due to malicious actors, it seems that no one is able to escape the dreaded scammers. The rising...

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Europol Might Hinder Monero's Progress

An Europol official recently found that Monero (XMR) transactions could not be traced between the sender and receiver. Europol is said to be looking closely at anonymous coins, which was why officials were looking at Monero. In recent years, Europol has made efforts to reduce the usage of anonymous coins, including Bestmixer which was one of the most popular Bitcoin mixing services. New legislation is expected to come in 2020 in the U.S. Congress which would push coin exchanges to record crypto assets’ transaction history and origins to cut down on the usage of cryptocurrencies for illegal activities. Monero would...

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Popular Key Monero Maintainer Changes Roles

Monero is going to see Riccardo Spagni step down as the project’s lead maintainer in an upcoming change for the project.  Representatives confirmed that Riccardo Spagni will be serving as a backup maintainer in the future. Spagni spent five years with the current workflow of the Monero protocol. Following a blog post published earlier this week, it is believed that the privacy-focused cryptocurrency, Monero is going to see Riccardo Spagni step down as the project’s lead maintainer in an upcoming change for the project.  Representatives confirmed that Riccardo Spagni, known as fluffypony in cryptocurrency circles and arguably one of the...

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Monero Network Upgrade Is Providing Pros And Cons For Different Miners

Monero is staying in line with its persistent efforts to get as far away from ASIC centralisation as possible. The change of the mining algorithm was just one of the big network upgrades included.  The new algorithm doesn’t just put the aforementioned miners at a disadvantage but it will also put a limit to GPU mining After recently upgrading its network, Monero is staying in line with its persistent efforts to get as far away from ASIC centralisation as possible. The change of the mining algorithm from CryptoNightR to RandomX was just one of the big network upgrades included.  Moreover,...

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