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Monero Protocol Upgrade Thwarts all Current ASIC Mining Attempts

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Any finance-oriented industry will need to undergo constant development, changes, and face new competitors. In the cryptocurrency world, that situation is no different, although things are done a bit differently. Monero, one of the more popular altcoins, has undergone another major fork, which makes the project further ASIC-resistant and privacy-oriented.  The trade-off is how its network hashrate has dropped off significantly in the process.

The Latest Monero Fork is Successful

When it comes to upgrading the core protocol of any cryptocurrency, a hard fork is usually the best way to go. Bitcoin has seen its fair share of ...

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