/biz/ - Business & Finance

CLSAG in two days.
Outperforming Bitcoin for over a month.
Buying pressure from dark net markets.
Are you comfy anons?

Welcome to the Monero General, the meet up thread for the anti-pajeet cypherpunks who want the ideal form of cryptocurrency – one that is fungible, private, and decentralized. If you are new, feel free to stop by and ask questions and a Monero anon will help you out.
This week has been the most bullish of 2020. Our BTC ratio and price is at levels not seen since the tail end of the bull run, and our daily transactions totals are breaking all time highs. Adoption has grown significantly on the dark net and from people who are becoming tired of Bitcoin’s refusal to take privacy seriously.
On October 17, Monero will implement CLSAG. This is a major scaling update that will reduce the typical transaction size by ~25% and improve verification performance by ~10%, thereby making Monero transactions lighter and faster. Monero has had several other improvements this past year from their researchers and developers, including the network layer privacy-enhancing tech Dandelion ++ and the anti-ASIC proof of work algorithm Random X.

Oh, and make sure to say hi to our newest Monero Waifu! She especially likes anons with unknown amounts of Monero ;).