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Monero Successfully Upgrades Its Protocol

Mar 10, 2019😃Bullish

Monero (XMR), a privacy-focused cryptocurrency launched in 2014, announced that it has successfully performed a protocol upgrade on March 9, 2019.

Monero (XMR) strives to differentiate itself from other cryptocurrencies by focusing on privacy and security. With the aim of enhancing these features, the Monero team has completed a network upgrade - involving about a million updates.

Specifically, Monero underwent a hard fork at block 1788000 to improve its privacy, security, and ASIC resistance by introducing four key changes to the network.

Upon completion of the hard fork, Monero informed its users that, for the next 24-48 hours, they should expect slower block times.

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