Monero’s Hard Fork Decreases its Transaction Fees by 97%

Monero’s Hard Fork Decreases its Transaction Fees by 97%

Monero’s transaction fees have significantly fallen down after the coin’s hard forл was executed last week. Particularly, the fee has decreased by 97% from $0.60 to just $0.02. The hard fork, according to reports, exercised a special zero-knowledge model, which helped to hide XRM transaction inside information from public ledger approval.

Monero’s Become More Accessible

Monero, the tenth most valuable cyber-coin in the world, has become more accessible to its users. As per CCN. In fact, Monero developers want to make it possible for all users to mine XMR coins, not like it is with bitcoin, which only ASIC miners can produce. 

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