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 -

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.

- Advertisement -

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.

"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 -

Latest News

JPM Coin Moves to Canton Network for Near-Instant Use Today!

JPMorgan’s Kinexys will bring its JPM Coin to the privacy-enabled Canton Network in a...

Radix Consultation Live: Vote on Season 1 End & Vesting ASAP

Radix has opened a formal consultation to set the Season 1 end date and...

Prosecutors Appeal Judge’s Acquittal of Mango Exploiter Case

Prosecutors have appealed the judge’s decision that overturned the conviction of Avraham Eisenberg for...

China Asks Firms Pause Nvidia H200 Orders, Boost Local Chips

Chinese authorities have asked domestic tech firms to pause new orders for NVIDIA’s H200...

Ripple Rules Out IPO After $500M Round, Keeps Private Still.

Ripple Labs president Monica Long said the company will remain private after a recent...
- Advertisement -

Must Read

7 Best NFT Marketplaces for Every Need

Open Sea | Pianity | Foundation | Magic Eden | SuperRare | Rarible | Theta Drop | Other Platforms | About NFTs | FAQ...
Bitcoin (BTC) $ 91,049.00 0.90%
Ethereum (ETH) $ 3,137.70 2.39%
XRP (XRP) $ 2.19 2.31%
Bittensor (TAO) $ 272.05 2.99%
Polkadot (DOT) $ 2.15 0.16%
Cardano (ADA) $ 0.402855 0.99%
Chainlink (LINK) $ 13.38 1.87%
Hyperliquid (HYPE) $ 26.80 0.96%
Monero (XMR) $ 436.68 0.76%
Hedera (HBAR) $ 0.123083 2.58%
Toncoin (TON) $ 1.87 0.18%