Monero developers are moving forward with activation of a new mining algorithm known as RandomX, designed to render ASICs non-competitive.“It’s our best shot to preserve monero as it was founded,” said monero contributor Justin Ehrenhofer. “If this fails then monero will probably move to an ASIC-friendly algorithm.”
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Noted cybersecurity expert and eccentric crypto fan John McAfee has just launched a cryptocurrency trading platform. Dubbed “Magic,” the site claims to let users “trade cryptocurrencies on multiple exchanges within a single dashboard, automatically and manually.
"Twenty year ago, you put the word 'internet' in front of everything and now you don't. Today, we're putting the word 'blockchain' in front of everything and I don't think we're going to in the future; it's just going to be the way it works."
The newly launched network reportedly enables privacy for general computations, which enables DApp developers to create secure applications.