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Saberhagen The Nameless 1y ago

Big things on the way 🚀

https://github.com/monero-project/monero/pull/9436

https://nostrcheck.me/media/af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85/e203d2f17ae0296d8b71d3df31c5113a70d8c43059010d1c9656d8cbb91437c0.webp

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Lucky Kite 1y ago

What is this in layman's terms please?

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Saberhagen The Nameless 1y ago

Much better sender privacy

FCMP++ replaces ring signatures. Potential senders in a transaction go up from 16 to 100,000,000

Plus a lot of other cool things like transaction chain (2nd layers become possible), outgoing view keys, and forward secrecy

https://www.getmonero.org/2024/04/27/fcmps.html

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Lucky Kite 1y ago

Oh wow, that is nice. Monero devs are so far ahead of Bitcoin I see no reason for using Bitcoin if monero gets L2 scaling. The only advantage Bitcoin has is the network first mover effect on asset storage. And that might not even be an advantage.