Monero’s ecosystem will undergo major changes in the coming months. Many new features and updates have been released, all of which have their impact. The first release is the update Helium Hydra client which Offers a tons of new features under the hood will lift Monero to a whole new level.
Monero’s new development and implementation of Helium Hydra is the next big thing in the Cryptocurrency industry. We’ve often seen in the digital-money world over the last few years that the developers often announce “important client updates”. This type of releases introduce major changes as well as bug fixes bug fixes, and most importantly forks, both soft and hard forks. In Monero’s case, the release of Helium Hydra is important and Hydra Helium is meant is meant to shake a few but significant things in the network. These changes opens a doorway for building a better Monero ecosystem that will move forward to its users. The users here are going to adapt to an intuitive GUI in the future.
Some of the important features are:
- Fixed intermittently canceling synchronization that occurred when the transaction was already in the mempool.
- Added the feature of checking underflow on low blocks of blocks.
- Added a guard against the mined block that did not find all the transactions in the mempool.
- Fixed the transaction size estimation for transactions with a large number of input data.
- Fixed LMDB issue on 32-bit systems.
- The call get_tx_backlogRPC was unrestricted.
- Threads currently protect against exceptions during transaction verification.
- The crash occurring before validating transactions is now fixed.
- And other bug fixes.
Necessary fixes of the GUI:
- Fixed an error, in which case the wallet will not see the first transaction with it.
- addiED an option to change the wallet creation height and the rescan wallet cache.
- changed the default request confirmation into 10 testnet settings.
- has been modified in the wizard.
- has updated the Windows installer which makes the slider more private than the password.
- Dialog is currently displayed when performing a Romanian translation.
One of the major improvements in client 0.11.0.0 is speeding up the process of synchronization. Since most digital money users are aware that the initial blockchain synchronization of any cryptocurrency can be incredibly slow and frustrating. Not so long ago, the average user took about a week to synchronize with the first bitcoin block. The situation has slowly improved, and this is the exact same thing that Monero developers are doing the same for their own blockchain.
In addition, the new client reduces the risk of privacy leak when using an untrusted node. Each node on the Monero network transmits transactions to other nodes in one way or another. For a cryptography based Cryptocurrency that focuses on privacy, any leak of information would be catastrophic. This new update reduces the likelihood of such leaks occurring, regardless of whether unused remote joints are used. It welcome the change in paving a way for the developers to continue improving Monero’s anonymity and privacy in the near future.
Perhaps the biggest change for the average non-tech person is to focus on the additional node support of iOS and Android platforms. With mobile phones for Monero coming out on the market, soon there will be an increased focus on Android and iOS. When people will be provided with an opportunity to run a full-fledged network node from a mobile device will be quite an interesting feat. We do not see something like this everyday, especially when it is about a cryptocurrency focusing more and more on privacy and anonymity.
Helium Hydra is a compulsory update for all service providers, Monero owners, wallets and exchanges. This new user is also prepared and accepted hard fork of the Monero ecosystem which will increase the minimum size of the ring signature on the grid (increase the minimum ring signature size to 5 on the entire network). This fork will also list and blacklist the unauthorized and the ring members who are not authentic. It will also enforce the use of ringCT as far as the transactional output are concerned. Along with a long list of fixes to the bugs, the Helium Hydra is going to introduce a number of other tools that people will fully enjoy and benefit from in the years and decades to come.
There is also an introduction of “fluffy blocks”, which are also known as the optional compact compact blocks. Anyone who is operating in one node will see a slight reduction in bandwidth requirements, and this is very much useful and beneficial for the development of the ecosystem. It is even interesting to see how the so-called fluffy blocks affect the entire network as they will be moving forward. These optional fluffy blocks will also contribute to synchronize time once the future mobile full nodes become more relevant in the due course of time. This is a very attractive add-on and has shown a lot of potential.
Some of the major highlights of release of Helium Hydra:
- major synchronisation speed-up from reducing bandwidth used.
- massively improved the blockchain import function.
- changed terminology from “mixin” to “ring size.”
- add a –fluffy-blocks option to relay blocks as fluffy blocks if possible.
- allow for password verification without loading the subsequently unencrypted wallet into RAM.
- reduced privacy leak risks when using untrusted remote nodes.
- added an Esperanto wordlist for mnemonic seed choices.
- decreased memory demands for the getblocks RPC call.
- added a “fee” command to display fee information.
- transfer CLI command warns if there’s a tx backlog for selected fee.
- add average seconds per block in bc_dyn_stats.
- added an on_get_alt_blocks_hashes RPC call.
- added an Italian translation for the CLI.
- return the per-tx amount in the transfer_split RPC call.
- switched to readline for the CLI.
- automatically switch to SAFE db-sync-mode once daemon catches up to network.
- added a histogram to poolstats.
- major speed-up for poolstats and coinbase_tx_sum.
- enable support for macOS smart mining.
- added the ability to build a Snap package.
- added a Vulnerability Response Process, with bug bounties available via a dedicated HackerOne portal.