Monero Begins Integration of New Privacy Feature (FCMP++) to Enhance Transaction Security
news.bitcoin.com 22 August 2024 16:03, UTC
The Monero team has announced the initiation of a new privacy feature integration, known as Full-Chain Membership Proofs (FCMP++). This feature aims to significantly enhance transaction security and privacy on the Monero network by proving that the output spent is one of any output on the chain. This effectively removes various risks and increases the anonymity set from 16 to 100,000,000. The integration is currently a work-in-progress, with ongoing reviews and improvements to ensure its robustness. This development marks a major step forward in Monero’s commitment to providing top-tier privacy for its users.