Monero Multisignature implementation testing started

Multisignature will help Monero to to compete better with cryptocurrencies, in which this technology has already been integrated
07 November 2017   648

The terms for adding the multisignature function to the Monero cryptocurrency have not yet been determined, but work in this direction is underway, and users are already offered the opportunity to test this option. This is reported by Merkle.

The multisignature function has been known for a long time to users of bitcoin and allows wallet owners to enhance their security by signing up of a third party to confirm transactions.

At the same time in Monero, this functionality has not been implemented so far, as its implementation is complicated by the structural features of the cryptocurrency. However, recent events suggest that at some stage this will still happen.

In particular, some time ago, changes were made to the records in the Monero repository on Github. So, earlier all files related to the multi-signature technology were accompanied by the "DO NOT MERGE" tag, but at the end of last week this tag was deleted.

Additionally, the developer with nickcname "Moneromoo" who is responsible for the implementation of the multi-signature asked the community to test and evaluate the new option.

According to the publication, the introduction of the multi-signature function will allow Monero to compete better with cryptocurrencies, in which this technology has already been integrated. In addition, a multi-signature can in the long run affect the state of affairs in the darknet. It is possible that a number of marketplaces can go along the way of abandoning bitcoin and wider adoption of Monero with its higher level of anonymity.

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   146

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.