Tag: RIngCT

What Is RuffCT and How Will It Affect Monero?

Achieving anonymity with cryptocurrency is not straightforward at all. It often requires either the involvement of third-party service providers or some advanced technology and cryptography. In the case of Monero, anonymity is mainly provided thanks to the use of Ring Confidential Transactions, or RingCT. It appears the developers are looking for ways to further improve upon this technology. A new proposal by Tim Ruffing dubbed “RuffCT” aims to achieve this goal. …
[Read More]

Monero Soars 50% on Bithumb Announcement and Future Improvements

When glancing over the cryptocurrency market caps, one has to look beyond Bitcoin, Ethereum, and Bitcoin Cash. In fact, it appears some of the major action is taking place beyond the top 10, as Monero is undergoing a massive bull run right now. With the Monero price going up by as much as 51.1%, it is evident good things are on the horizon for this currency. Its market cap also surpassed the US …
[Read More]