Monero’s Beryllium Bullet Hard Fork Brings the Transaction Fees to Almost Nil-5.21

The tenth-largest cryptocurrency by market cap – Monero – has a great news for its investors! After the successful execution of Moner’s hard fork last week on October 18, transaction fees for XMR users has dropped considerably by 96% from 60 cents to just 2 cents, according to data provided by CoinMetrics.

The latest hard fork on Monero is named “Monero 0.13.0 Beryllium Bullet” which implements a non-interactive, trustless, zero-knowledge framework called “Bulletproofs” for the XMR cryptocurrency. This allows XMR transaction details to hide from the public blockchain validation.

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