BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Monero Launches Competition to Optimize Crucial FCMP++ Crypto Libraries

Monero Launches FCMP++ Optimization Contest with 350 XMR in Rewards

  • Monero announces optimization competition for FCMP++ libraries with rewards of 100 XMR and 250 XMR for winners.
  • Contest focuses on optimizing helioselene and ec-divisors libraries to improve transaction construction and sync efficiency.
  • Competition runs from April 28 to June 30, 2025, with funding from the Monero General Fund.

Justin Berman has announced an optimization competition for two key libraries used in Monero’s proposed FCMP++ upgrade. The contest will offer rewards of 100 XMR for optimizing the helioselene library and 250 XMR for improving the ec-divisors library. The competition begins April 28 and ends June 30, 2025, with prize money coming from the Reddit.com/r/Monero/comments/1iixgk9/monero_general_fund_transparency_report_february/”>Monero General Fund.

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading

The competition aims to enhance performance in components critical to Monero’s FCMP++ upgrade. Participants can find complete rules and submission guidelines on the official competition repository. The contest welcomes submissions from anyone, including anonymous contributors, as long as all competition rules are followed.

Technical Focus Areas

The helioselene library implements the "Helios" and "Selene" curves that form a tower cycle over Ed25519. This design allows Monero to maintain its existing Anonymity set while upgrading to FCMP++. Optimizing this library will benefit all user-facing components of the upgrade, including daemon synchronization, wallet synchronization, and transaction construction.

The ec-divisors library calculates divisors of elliptic curve points, enabling efficient verification of scalar multiplications based on research published by Liam Eagen. Competition efforts for this library will focus specifically on optimizing divisor construction, which affects transaction creation performance.

Participation Details

The competition is designed to be accessible to anyone with experience optimizing cryptographic libraries or interest in contributing to Monero’s development. Participants should review all requirements before submitting their optimized implementations.

- Advertisement -

"This is a good chance for anyone interested in contributing to Monero," notes the announcement post. The contest organizers have provided comprehensive documentation on getting started, submission processes, and evaluation criteria in the competition repository.

All submissions must comply with the competition rules outlined in the official documentation. The optimization efforts will help improve performance in Monero’s planned upgrade to FCMP++, potentially benefiting the entire Monero ecosystem through faster transaction processing and more efficient synchronization.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

SEC Approves Nasdaq Plan to Tokenize Russell 1000 Stocks

Nasdaq received formal approval from the U.S. SEC to begin trading tokenized versions of...

Polymarket Acquires DeFi Infrastructure Startup Brahma

Polymarket, a prediction markets platform valued at around $20 billion, is acquiring the DeFi...

Groups Urge OpenAI To Drop Calif. AI Safety Ballot Measure

Advocacy groups demand OpenAI fully withdraws a controversial California AI safety ballot initiative.The measure...

Bullish Bitcoin Outlook Amid Market Correction

Spot demand from ETFs and corporate buyers like Strategy sustains Bitcoin's bullish momentum.Low leverage...

SEC Approves Nasdaq Tokenized Stock Trading

The SEC approved a Nasdaq rule allowing tokenized stock trading, concluding it aligns with...

Must Read

How to Buy Dedicated Hosting With Crypto

In this article I am going to show you how to buy dedicated hosting with crypto from one of the best European hosting providers...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading