Monero Adds Multisignature Technology

The multisignature function will allow Monero to compete better with cryptocurrencies, in which this technology has already been integrated
18 December 2017   4151

Yesterday the Monero developers team announced that multisignature technology will be included in the next release. It is stated that multisig transactions and addresses will be indistinguishable from normal transactions and addresses.

Monero Twit

Multisignature Wallet structure offers an additional layer of security to cryptocurrency wallets. Such wallets require authorization from multiple users before transferring of funds.

The multisignature technology development project has been funded by the community itself and has not received any financial backing.

It is expected that the multisignature function will allow Monero to compete better with cryptocurrencies, in which this technology has already been integrated.

Monero chartsMonero Charts

At the moment of press, these are main market parameters of Monero:

Average price: $347,25

Marketcap: $5 379 859 990 USD

24h volume: $180 927 000 USD

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   99

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.