Upcoming Monero Hard Fork Lays Foundation For Complete Anonymity

Upcoming Monero Hard Fork Lays Foundation For Complete Anonymity

Monero network blocks will enforce coinbase transactions to be split into new denominations. Doing so will prevent unmixable inputs from being created. Over the past few weeks, there has been a significant interest in Monero. Not only did the alternative currency gain significant value in recent weeks, but it also got accepted on various darknet markets. The developers have announced a hard fork, which will bring several changes to the ecosystem. The Monero hard fork will go into effect on September 21st. Users and miners will need to update their clients on that date – or close to it at....


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Quotes

Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up.

Satoshi Nakamoto, Bitcoin Developer