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Monero(XMR) Major Upgrade
Release
Saturday's scheduled upgrade will introduce several features. Here are some of the expected changes and improvements:
- The number of signers for a ring signature will increase from 11 to 16 for every transaction.
- Bulletproofs+, an upgrade to the current Bulletproofs algorithm, will be introduced. Bulletproofs+ reduces transaction size and increases transaction speed. Overall performance is expected to improve by 5%-7%.
- View tags will be a new way to speed up wallet syncing by 30%-40%.
- Fee changes will minimize fee volatility and improve overall network security.
- Multisignature functionality will be improved and critical security patches will be added.
Approval:93% Votes:303
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