➡️ "Monero accelerates the FCMP upgrade after a 51% attack attempt from Qubic"

$XMR

🔒 The most famous privacy coin in the market, Monero, announced the acceleration of the development of the major upgrade Full-Chain Membership Proofs (FCMP++) after concerns arose about a 51% attack attempt by the Qubic mining pool.

💡 What does this mean?

The FCMP will make privacy stronger: the sender disappears among all network transactions, not just among a small group.

Transaction proofs will be faster: the time will decrease from over 5 minutes to about just 1 minute when dealing with large transactions.

Technical improvements in the code to reduce errors and facilitate future network development.

⚡ Why now?

After the danger of the Qubic mining pool controlling over 51% of the hash power appeared, Monero rushed to enhance security and support the decentralization of the network more swiftly.

📌 Next step:

Launching the alpha stressnet for FCMP++ soon to test the upgrade on the network.

More updates are on the way to enhance privacy and speed.

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📊 Summary:

Monero continues to defend its position as the strongest privacy coin in the market 💪, and this new step proves its seriousness in facing any threats and ensuring the safety of its users.