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.