this post was submitted on 29 Sep 2024

9 points (76.5% liked)

Monero

1667 readers

21 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago

MODERATORS

admin@monero.town

9

What is Carrot and Why It's Important for Monero (kewbit.org)

submitted 1 month ago by chillband@monero.town to c/monero@monero.town

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] ReversalHatchery@beehaw.org 3 points 1 month ago* (last edited 1 month ago) (1 children)

Carrot (...) is an upcoming upgrade for Monero's FCMP++ protocol.

that's interesting to say. isn't FCMP itself an upcoming upgrade?

edit: did not intend this as a response

[–] chaser@monero.town 3 points 1 month ago

good point. FCMP++ will be an upgrade to the Monero protocol through a network upgrade. to realize the privacy benefits of it, you need a new addressing scheme. so far the scheme was planned to be Jamtis-RCT. Carrot is a separate addressing scheme to be used with FCMP++. nothing prevents the simultaneous use of both, and they look the same to outside observers. FCMP++ was basically "upgraded" by adding another potential addressing scheme to it.

this doesn't guarantee that both will be used. my guess would be that the industry will converge on one addressing scheme.