• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    BlackRock CEO Predicts Bitcoin Could Hit $700,000

    BlackRock CEO Predicts Bitcoin Could Hit $700,000

    Larry Fink Suggests Bitcoin Could Reach $700,000

    Larry Fink Suggests Bitcoin Could Reach $700,000

    SpaceX Confirms $1 Billion Bitcoin Holdings Amid Price Surge

    SpaceX Confirms $1 Billion Bitcoin Holdings Amid Price Surge

    SpaceX Bitcoin Holdings Reach $1 Billion, Musk Silent

    SpaceX Bitcoin Holdings Reach $1 Billion, Musk Silent

    Bitcoin Reaches All-Time High of $125K Amid Market Surge

    Bitcoin Reaches All-Time High of $125K Amid Market Surge

    Bitcoin Surges to New High of $125,000

    Bitcoin Surges to New High of $125,000

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Solana to BNB Transfer Unconfirmed but AVAX and ETF Movements Noted

    Solana to BNB Fund Reports Lack Confirmation

    Unverified Report Claims $111M SOL Moved to BNB

    Unverified Report Claims $111M SOL Moved to BNB

    Tether Launches $200M Tokenized Gold Treasury

    Tether Launches $200M Tokenized Gold Treasury

    Tether Plans $200M Investment in Tokenized Gold Treasury

    Tether Plans $200M Investment in Tokenized Gold Treasury

    Tether's Tokenized Gold Treasury Initiative

    Tether Launches $200M Tokenized Gold Treasury Fund

    Tether Seeks $200 Million for Tokenized Gold Treasury

    Tether Seeks $200 Million for Tokenized Gold Treasury

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Monero Sets a Record as the First $1Billion Cryptocurrency to Implement the Bulletproofs Protocol

Aborisade G. by Aborisade G.
October 18, 2018
in Altcoin News
MONERO SETS A RECORD AS THE FIRST $ 1 BILLION CRYPTOCURRENCY TO IMPLEMENT THE BULLETPROOFS PROTOCOL

Smartereum.com

Bulletproofs is an advanced technology that makes each blockchain more scalable and efficient. Today, Monero will set the record for the first channel chain to implement the Bulletproofs protocol. The bulletproof protocol invented by Jonathan Bootle and Benedict Bunz aims to lighten the weight of confidential transactions. Monero has been developing this technology for more than a year. The idea is to reduce the size of confidential transactions up to 80%. The bulletproof protocol will solve one of the main problems of blockchains, namely the problem of scalability.

Levels of data protection and Monero scalability.

As you probably already know, Monero is the most privacy-friendly blockchain in the world. However, additional layers of security also complicate computing and storage. The billion-dollar chain has had to deal with scalability, which has resulted in high transaction costs and high storage costs. Sarang Noether, one of the cryptographers working on the integration of the Bulletproofs protocol, said:

“Monero has always been dealing with Blockchain Bloat because of its scalability, and one of the reasons we’re doing these updates every six months is to make sure we’re up to date, and I think that’s it. really exciting. “

The bulletproof protocol will replace the evidence of confidential transactions without any existing knowledge. Anyone can upgrade to the new system after the next global update, which requires the introduction of new software.

In addition to maximum scalability, Sarang said that Monero’s research laboratory is also working on payment channels, nuclear exchanges between channels and many other aspects of development. One of the topics on which the laboratory works is what Sarang calls the mitigation horizon. According to him, building on innovation is one thing, but taking everyone with you is another. The bottom line is that Monero’s bulletproof protocol will change everything now and in the future

Tags: BlockchainCryptocurrencyMoneroMonero (XMR)
Previous Post

The Founder of Cardano [ADA] Shares his Thoughts on Working with Hyperledger

Next Post

Why Should You Use Bitcoin Instead of Cash?

Aborisade G.

Aborisade G.

I excel in researching cryptocurrencies and enjoy writing about them...

Related Posts

Solana to BNB Transfer Unconfirmed but AVAX and ETF Movements Noted

Solana to BNB Fund Reports Lack Confirmation

by Joshua T.
October 5, 2025

No confirmed $111M transfer from Solana to BNB. Fund movements involve AVAX, large ETF outflows.

Unverified Report Claims $111M SOL Moved to BNB

Unverified Report Claims $111M SOL Moved to BNB

by Solomon M.
October 5, 2025

Unverified report suggests $111M transfer from Solana (SOL) to Binance (BNB).

Tether Launches $200M Tokenized Gold Treasury

Tether Launches $200M Tokenized Gold Treasury

by Solomon M.
October 5, 2025

Tether expands its tokenized gold offerings with a $200M Digital Asset Treasury Company in collaboration with Antalpha.

Tether Plans $200M Investment in Tokenized Gold Treasury

Tether Plans $200M Investment in Tokenized Gold Treasury

by Solomon M.
October 5, 2025

Tether partners with Antalpha to invest $200 million in a tokenized gold treasury, enhancing institutional access and expanding its real-world...

Tether's Tokenized Gold Treasury Initiative

Tether Launches $200M Tokenized Gold Treasury Fund

by Solomon M.
October 5, 2025

Tether seeks $200M for tokenized gold treasury, partnering with Antalpha. Key insights and market impact analyzed.

Tether Seeks $200 Million for Tokenized Gold Treasury

Tether Seeks $200 Million for Tokenized Gold Treasury

by Adriana M.
October 5, 2025

Tether partners with Antalpha to raise $200M for expanding its gold-backed crypto treasury XAUT.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.