Masari-A currency which can be to Monero what Litecoin is to Bitcoin

in #cryptocurrency7 years ago (edited)

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As many of you know Monero, one of the best privacy focused cryptocurrency has had it shares of clones like any other coins and all of them claiming to be trying to fix the various issues with it. Some go even one step further claiming to be better than Monero. As its evident with all these projects failing to deliver their promise or better yet become a dead coin, there is no currency trying to complement or contribute to the parent project. I thought this was the case too. That is until I came to know about Masari. A cryptocurrency actually trying to contribute back to the Monero code. I have been following them for over a three months and to tell you the the truth they forked monero and they forked it right. During the time I observed the project there was no blockchain stuck situation similar to ETN nor there were any claims of improved privacy such as sumokoin or any other funny business. In fact its even stated in the Bitcointalk ANN page as follows

"Masari (MSR) is a scalability-focused and privacy-ensured cryptocurrency based on Monero".

"One of the first major contributions is a necessary update implementing one of the best known difficulty algorithms in order to mitigate flash mining issues as a new altcoin. MSR will track most changes upstream from Monero, as well as contribute back whenever possible (such as the WHM difficulty algorithm). Future features will include uncle mining (using the DECOR+ protocol) and a pending whitepaper regarding a Blocktree protocol which is aimed at solving on-chain scalability."

Hey if you dont believe me, just look at the tweet by Monero Lead Dev Riccardo Spagni

![Screenshot-2018-3-19 Riccardo Spagni on Twitter Even if this never gets past the Monero Research Lab’s review (its consensu[...].png](https://steemitimages.com/DQmZdwsQXxWBddz9jK1YeG5EXchtBxNUFDx3FHNbjBt38FK/Screenshot-2018-3-19%20Riccardo%20Spagni%20on%20Twitter%20Even%20if%20this%20never%20gets%20past%20the%20Monero%20Research%20Lab%E2%80%99s%20review%20(its%20consensu%5B...%5D.png)

Here is a Link To the tweet by @fluffypony AKA Riccardo Spagni

https://twitter.com/fluffypony/status/971103127947669505

Here is a Link to the Pull Request submitted by Masari upstream to Monero
https://github.com/monero-project/monero/pull/2887

So why am I here talking about Masari
-Is it to make money of this post?
-Or Is it to shill about Masari?
-Or is it because i'm just drunk and way over my head?

Anyway the answer is YES,YES and Possibly YES

But the real reason for me to post this is because while there is 21 open pull request in Monero Github not including the 2303 closed pull requests there is only 2 open pull requests currently in Masari Github as of this writing.
Now I know this is because Monero is a well established coin and has been around for a long time tha Masari. All I want to convey to all those super genius Devs and Coders who are actively trying to contribute code to Monero is to take some time to look at Masari and maybe, just maybe if they think its good they can test their codes and functionalities in Masari before Monero. It can be like a testbed. Since Masari is based of Monero it will be easy to apply these and more over the Masari Dev is very active in the community and will respond to you as soon as possible. I hope this post is helpful and helps the Masari community to grow which thereby helps Monero in a meaningful way.

For those of you interested in Masari here are some details about it.

Bitcointalk ANN
Website https://getmasari.org/

Specifications

Most specifications are equivalent to Monero's

  • PoW algorithm: CryptoNight
  • Max supply: ~18.5 million (with tail emission)
  • Block reward: Smoothly varying recurrence relation starting at around 35 MSR per block, block_reward(block_height) = (2^64 - 1 - total_supply(block_height - 1)) * 2 ^ -19 * 10 ^ -12
  • Block time: 120 seconds
  • Difficulty: Re-targets at every block
  • Genesis block: Saturday, 2 September 2017 21:20:46 UTC

Release Notes

  • The fork is based off Monero's latest v0.11.0.0 versioned code, which is set to be the hard fork version for September 2017.
    This release cleans up and refactors all legacy Cryptonote implementations that are superseded by Monero's RingCT (for example: splitting amounts and dust outputs related code is removed), therefore Masari only uses RCT transactions.
  • All core tests have been re-written to support RingCT code coverage.
  • RCT outputs are randomized (sorted by amount in original Monero implementation), as well as tx fee sources.
  • The default mixin is set to 12, and in contrast to Monero is static and cannot be changed. This is something that the end user does not need to worry about, is relatively inexpensive in storage and computational costs, and a homogeneous mixin increases anonymity of transactions.
  • Fluffy blocks are on by default. This has been in Monero's testnet for quite some time, is mature, and is now optional in the latest release.
  • New WHM difficulty algorithm implemented to solve flash mining issues stemming from high hashrate volatility

Exchanges
https://www.southxchange.com/Market/Book/MSR/BTC
https://stocks.exchange/trade/MSR/BTC

Thanks you and see you in the next post.

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For future viewers: price of bitcoin at the moment of posting is 8201.00USD

fluffypony Riccardo Spagni tweeted @ 06 Mar 2018 - 19:20 UTC

Even if this never gets past the Monero Research Lab’s review (its consensus critical after all) *THIS* is how you… twitter.com/i/web/status/9…

Disclaimer: I am just a bot trying to be helpful.

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