Monero Releases CLI v0.15.0.0 ‘Carbon Chamaeleon’ Amidst Approaching Network Upgrade and Hard Fork

Leading privacy coin Monero (XMR) announces new Carbon Chamaeleon upgrade with new features ahed of the network changes set to take place in November

On Saturday, November 9, 2019, it was revealed on the Monero Reddit page that the CLI v0.15.0.0 Carbon Chamaeleon has been officially released. As for the release itself, anyone can run it and it is a suggested step to better prepare for the scheduled network upgrade. The latter is expected to take place on Saturday, November 30, 2019.

In particular, it was shared that:

“A user, service, merchant, pool operator, or exchange should run [the CLI v0.15.0.0 Carbon Chamaeleon] to be sufficiently prepared for the scheduled protocol upgrade on November 30.”

The main goal of the new release is to launch new features while ensuring that performance is enhanced, and any existing bugs are rectified. To be more specific, here’s a list of benefits that arise from the release, shared roughly a month ago:

New long-term Proof-of-Work algorithm (i.e. RandomX)

Long payment IDs to be phased to promote user privacy and experience and reduce support work for services and exchanges

Transactions to require two outputs

Ten block lock time for incoming transactions to be implemented on the protocol level for the same reasons as #2

AMB Crypto also reported on this matter, with focus given to the GPG-signed hashes and the GUI v0.15.0.0. With the former, users are urged to check the ‘integrity of binaries by verifying that they were signed in by Fluffypony,’ mentions the news outlet. As for the latter, it is expected to be launched next week. That said, Monero processes need to be closed before using the aforementioned tool and the directory to be used is ‘—data-dir flag.’

As for the hard fork, KuCoin has shared that it will support Monero during this time by putting a hold on XMR deposit services, while the likes of Huobi, Bittrex, and others have yet to respond.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Nirmala Velupillai
Nirmala Velupillai
Nirmala is a blogger who has been fascinated by the world of technology and its contributions to societal development. While a novice, her eager to learn about the crypto world has led her to write a number of pieces on its positive and negative aspects. On her spare time, she indulges in understanding and building statistical models and enhancing her painting skills.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Canada Regulates Crypto Exchanges & Companies as Money Service Providers

Canada is now legally recognizing cryptocurrency exchanges and payment processors as Money Service Businesses (MSB). The new regulation, which is the amendments to Proceeds of...

Ripple Execs, Led By CEO Brad Garlinghouse, Meet With Central Bank Of Brazil Officials in ‘Closed to the Press' Meeting

Ripple Inc.’s, Brad Garlinghouse held a ‘closed to the press’ meeting with Brazil’s Central Bank officials on May 30th to discuss “institutional matters” in...

Tezos (XTZ) Class-Action Securities Lawsuit for the $232M ICO Sees $25M Settlement Pending

A class-action lawsuit against Tezos during its 2017 ICO may end in a $25 million settlement. The lawsuit was filed against Tezos for the...

Two Top Cryptocurrencies with the Worst Serial Market Performance

After the crypto winter of 2018, digital assets started recovering last year and continued the behavior into 2020. Although still far from their all-time highs,...

Chainlink, IBM, ING, Microsoft, NASDAQ, and R3 Among First to Join InterWork Alliance to Set Tokenization Standards

Top financial and blockchain industry companies have formed the InterWork Alliance (IWA) in a bid to standardize the business and enterprise tokenization market. The alliance...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today