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Monero’s desktop app ready for release, updated version 1.0.0

Prerana Sarkar

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Monero’s desktop app ready for release, updated version 1.0.0
Source: Pixabay

On June 8th, Monero came up with its new JavaScript version 1.0.0 of ‘MyMonero’, the website. Monero is one of the leading cryptocurrency that is designed to build an anonymous and censorship-resistant transaction platform, which means there is no third party interference.

CryptoBoh announced on Twitter:

“Love the new JS app version of @MyMonero give it a try it looks amazing and @monero dev endogenic hinted it would be dropping on ios shortly…Keep up the awesome work!”

Monero uses specialized mining rigs that give way to an easier mining process with a market capitalization of $2.596 million and a circulating supply of 16,110,687 XMR, at the time of writing.

The new features of version 1.0.0 RC are:

  • Desktop Upgrades for Electron 2.0.2
  • Updated Max UI to view the amount estimate
  • Priority: Low [Default]
  • QR codes supporting plain addresses without “monero:” prefix
  • Fixed regression ["fox” instead of "foxes”]
  • Performance Improvements: Prevents UI lag while starting the app with the wallet containing hundreds of outputs
  • Improved OpenAlias address lookup by adding [des[desktop]tform-level DNS resolve and [bro[browser]-over-HTTPS for TXT record lookup.
  • Minor other fixes and improvements made.

Members of the Monero Core Team announced that migration to Github might work if the XMR developer’s team supports it. The Monero project is a decentralized platform where the team supports anyone who is willing to contribute to their existing database and codes, to allow smooth and continuous transactions.

Paul Shapiro, a Twitter user commented saying:

“Lots of goals with downloadable apps but that one is important. Having desktop apps gives us access to platform features and a persistent environment the user has saved on their machine so we can get a lot more featureful with it.”

With Microsoft joining forces with GitHub, they are keen on providing a more free, open, and innovative platform where millions of developers can contribute and discover new coders across the globe. Monero is an open-source network that runs on Windows, Linux, Android, and macOS.



Monero updates were announced in April, where users witnessed the increase of the minimum ring signature size to 7, giving way to private transactions and also made changes to their already working algorithms.

Another Twitter user, CryptoRush writes:

“I am guessing the main goal is to get rid of phishing and it solves the problem perfectly.”





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Prerana Sarkar is a part of AMBCrypto's News Reporting Team from January 2018. She is a Journalism major from Mount Carmel with two years of writing experience in Bitcoin and Blockchain related articles. Prerana does not hold any value in cryptocurrency or its projects

Altcoins

Bitcoin SV [BSV] gets hit with another reorg as multiple blocks get orphaned, including a 128 MB block

Akash Anand

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Bitcoin SV [BSV] gets hit with another reorg as multiple blocks get orphaned, including a 128 MB block
Source: Pixabay

Bitcoin SV [BSV] and its proponents have been making headlines over the past couple of weeks, either due to developments or because of comments made by its major proponents, Craig Wright, the chief scientist at nChain, and Calvin Ayre.

The network was also hit with several members of the cryptocurrency community alleging that the cryptocurrency itself is a sham without any use cases, as evidenced by its delisting on several popular cryptocurrency exchanges like Binance, Kraken and Shapeshift.

The latest news added salt to BSV’s wounds after it was revealed that the network went through another blockchain reorganization on a 128 MB block. This fact was pointed out by Nikita Zhavoronkov, the lead developer of Blockchair, who had tweeted:

“Whoops! $BSV has experienced yet another reorg, this time 6 (six!) consecutive blocks were orphaned (#578640–578645), this chain included a 128 MB block #578644 🤦‍♂️ The network was basically stuck for 1.5 hours, and this shows that even 6 confirmations are not enough.”

Orphaned blocks are valid blocks which are not part of the main chain. There are ways that they can occur naturally when two miners produce blocks at similar times or they can be a result of an attacker with enough hashing power using it for nefarious activities like reversing transactions.

A major reason why this reorg event made news was that a major 128 MB block was stuck in transaction, something that was not supposed to occur according to the initial claims made by the SV camp. Supporters of the cryptocurrency, however, have stated that despite being slower than promised, the transactions on the block settled faster than that on a Bitcoin Core block.



One supporter of BSV, mboyd1, tweeted:

“Orphaned blocks are a feature, not a bug”

To this tweet, Zyo, another cryptocurrency enthusiast replied:

“yes, but orphaning 6 blocks in a row is not good, that means that 6 confirmations is not safe. It’s a bug because the 100+ MB take way too long to propagate and validate. There is a reason why BCH doesn’t have [yet] 100+ MB blocks.”





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