Monero developers are moving forward with activation of a new mining algorithm known as RandomX, designed to render ASICs non-competitive.
The new code is based off the work of Howard Chu - CTO and founder of computer software firm Symas Corporation - who also developed the database type the Monero blockchain presently runs on.
Four different audits of the RandomX code are now being completed for an expected code freeze date by July. As it stands, the algorithm could go live in October.
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