XMR Community to Hold Breath While Hard Fork's Ongoing

A hard fork of Monero executed recently, but the success of the implementation is still unclear
06 April 2018   407

The controversial hard fork of Monero's anonymous crypto currency was initiated this night, but its results are still unclear. This is reported by CoinDesk.

On the block number 1 546 000, a crypto currency software update was launched. Taking into account the ambiguity of this update, the community continues to monitor its dissemination process.

Although hard forks are not uncommon for the Monero blockchain, the last one stands out against the general background, as it is designed to introduce a new consensus algorithm that will protect the network from the ASIC-miners usage.

The decision to conduct hard fork was made in the light of the announcement by the Bitmain ob the release of the device aimed at Monero, which was made last month. After that, several groups of users announced that they don't support the new development vector of Monero and launch their own projects that will use the old code, including Monero Classic and Monero Original.

Consequently, the community continues to monitor the hash rate and the rate of release of blocks in the main Monero network to determine what percentage of miners could go to third-party blockchains.

Fluctuations in the hash-rate caused a panic on Reddit, but the developer "hyc" said that "a couple hours for us to see how the network overall hash rate settles out."

Observers also track activity in the old Monero blockchain and maintain a list of pools that have not yet updated their software to join the new chain.

The update also increased the size of the Monero ring from 5 to 7, which should help to increase the reliability of anonymous cryptocurrency tools and protect it from deanonimization, which in theory may occur with the launch of the MoneroV hardfork.

Confirmed: Ledger Hardware Wallet to Support Monero

Riccardo Spagni, a member of Monero Core Team, confirmed that Monero will be supported in Ledger hardware wallet
12 April 2018   246

In September of 2017 we have reported about GitHub page from LedgerHQ called blue-app-monero, according to which on Monday, September 4, the process of integration of Monero in Ledger and Blue Ledger Nano S has begun. Now we can certainly say that Monero will be supported in Ledger hardware wallet, as that was confirmed by Riccardo Spagni, a member of Monero Core Team.

...We have to do a bunch of work for it and it becomes painful. We've seen it with Ledger. It has taken a year to get Monero support on Ledger and that's only really coming together now. And it is because of the amount of work and effort that is needed to go into doing that.
 

Riccardo Spagni

Riccardo Spagni was talking about Monero and privacy on Doug Polk Podcast on April 9, 2018. The member of Monero Core Team said that Monero is already on Ledger, and there are some commits being performed to fix a couple of small issues. He stated that the official Ledger support will go live alongside the Monero 0.12.1 release. Moreover, Riccardo Spagni said some words about Trezor support, stating that Trezor team is currently working on it.

I think that Ledger has kind of blazed the way, there is a lot of stuff that Trezor can suck in from that.
 

Riccardo Spagni

What is more, he stated that there is a group in Monero community that is also building a hardware wallet which is based on the Trezor's schematics. We believe that it is great news for Monero community as the privacy coin will be finally officially supported on hardware wallet Ledger.