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there's no proxy services listed and a proxy merchant lets you use XMR for anything
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FCMP++ features:
- Massive anonymity set increase - sender anonymity set goes from 16 to over 160 million per transaction input (a 10-million-fold increase), giving Zcash-level sender privacy
- Carrot addressing protocol and new addresses - new address scheme with new view keys (also fixes issues like the burning bug and Janus attack, and enables outgoing view keys and offline address generation)
- Transaction relay v2 - bandwidth-efficient transaction relay (32-byte tx IDs instead of full ~10 KB transactions)
- RandomX v2 - improved ASIC resistance
- Proof-of-work commitments - better DoS/spam resistance for nodes; easier SPV-style wallet verification since proof-of-work can be checked without running a full RandomX hash (important for resource-constrained devices)
- Vastly improved multisig - no need for all parties to be online (or recently online) to sync key images; far fewer interaction rounds between participants
- Simplified hot/cold wallets and hardware wallet support - cold signing and vaults become much easier (part of why projects like XMR Bazaar and hardware wallet integrations struggled before)
- Signing before proving (decoupled signatures/proofs) - transactions can be signed ahead of time and membership proofs attached later, with no on-chain fingerprint distinguishing old vs. new signatures
- Transaction chaining / conditional spends - enables simple payment channel-style constructions (lock-time conditions, atomic-swap-style escapes) - an open PR by Teodor adds a basic version
- Faster wallet scanning - via the mx25519 library (~40% faster scanning compute in the assembly backends)
- Fungibility/privacy parity - closes the "Zcash is more private" sender-side gap; amounts and receivers were already protected
several of these (multisig relief, hot/cold simplicity, sign-then-prove) are the exact features Serai DEX is waiting on before launching its Monero integration.
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Great episode with Jeffro and Doug to get the latest updates from a Monero dev on the path towards FCMP++
The GAANT chart is also great visual aid to follow whats currently happening
We put together timestamps to quickly dig into specific sections of the episode
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SovStack's proxy shipper is expanding ๐๐
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