DeFi· ★★★· neutral·

Monero's October 5 fork hits only the FCMP++ stressnet, not XMR mainnet

  • —The October 5 fork is on the stressnet at block height 3102800; its coins have no value
  • —FCMP++ replaces 16-decoy ring signatures with a proof against the entire chain history of over 150 million outputs
  • —Carrot is a new addressing protocol that stays backward compatible with existing Monero addresses
  • —XMR trades near $550, with a weekly high of $563.50 and low of $525, up 0.4% over seven days
Why it matters: FCMP++ would sharply strengthen Monero's anonymity, a key issue for holders and for how EU venues treat the coin, though no mainnet date is set.
Source: CryptoTicker