Top Tweets for #fcmp

Monero is getting more attacks recently? Let's get one thing straight. The protocol itself isn't getting hacked. The "attacks" we are seeing right now are a coordinated mix of regulatory crackdowns -- specifically the EU's DAC8 directive and the new US IRS Form 1099-DA rules-- alongside massive FUD campaigns. In reality, large-scale hackers are actively using Monero to wash hundreds of millions (like that $282 million social engineering hit in January) because the network's privacy actually works. The panic from the outside is entirely about the FCMP++ (Full-Chain Membership Proofs++) upgrade. If you look at the math, it is completely obvious why they are terrified. FCMP++ takes Monero's anonymity set from a fixed ring size of 16 and blows it up to the entire ledger—over 150 million unspent outputs. It achieves this leap in cryptography without relying on a completely unproven architecture. Most importantly, it does it without introducing any VC-backed "admin keys" or forced transparent turnstiles. So, who is scared? - The Surveillance State: Tax enforcement heavily relies on AI algorithms to scan transparent blockchains in milliseconds. FCMP++ completely blinds them. They are losing total control of the ledger. - Chain Analysis Firms: Their multi-million dollar government contracts depend on probabilistic tracing and heuristics. When every single transaction hides in an anonymity set of 150 million, their proprietary tracking software instantly becomes a useless paperweight. - Corporate "Privacy" Competitors: The teams running heavily funded, VC-backed privacy pools. FCMP++ proves you can achieve forward secrecy and massive scalability on a decentralized network without shaking hands with Wall Street or selling out to regulators. The ecosystem isn't under attack because it is failing. It's under attack because it is the only primitive left that the state and their AI tools cannot natively penetrate. They are trying to regulate away what they mathematically cannot break. Keep it this way and let them terrified even more. monero:native