When will Monero hard fork?

Privacy protocol Monero will undergo a tentative hard fork in July which would see improved network security and fee changes, developers confirmed in a GitHub post. A testnet deployment is expected in May. No separate coin will be issued after the mainnet hard fork at a block height of 2,668,888, which is expected to be in July.

What happened to Monero XMR?

XMR, the native tokens of Monero, surged some 11% in the past 24 hours as developers confirmed the July hard fork. Prices spiked to as much as $277 on Monday night, breaking over a major resistance level at $240. Prices slumped to the $257 level at the time of writing. Monero broke above a major resistance at $240.

Did Monero create a new cryptocurrency?

Keep in mind that cryptocurrency investors were well-aware of Monero’s hard fork. Unlike the Ethereum hard fork that created Ethereum (ETH) and Ethereum Classic (ETC), the Monero hard forkdid not create a new cryptocurrency.

What is Monero hard fork ring size?

As such, the Monero hard fork will require miners to update their software. Monero (XMR) has also bumped up its ring size from 10 to11. This will be a fixed size. As such, pool operators must ensure payouts use a ring size of 11.