Monero Fees Fall to Almost Zero After ‘Bulletproofs’ Upgrade

Transaction fees on the monero network have fallen sharply after last Thursday’s system-wide update.

The reduction comes in the wake of the activation of a highly-anticipated form of cryptography named “bulletproofs” on the privacy-centric cryptocurrency Thursday.

As reported by CoinDesk, the new technology seeks to make the monero network’s privacy features more scalable by restructuring how its confidential transactions are verified.

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