Loading cryptocurrency prices...

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

ACCC Sues Microsoft Over Hidden Cheaper Microsoft 365 Plans

Microsoft is being sued by the Australian competition regulator for allegedly misleading 2.7 million...

Is PI Returning to Normal?

Bitcoin (BTC) dropped to $104,000 on Oct. 17 but later recovered to $115,000.Pi Coin...

Lula: US-Brazil Trade Deal Near, Talks in DC After Trump Tariffs

Brazil's President Lula announced new talks with the U.S. on a pending trade agreement,...

Bitcoin rebounds modestly as whales accumulate, stable market seen

Bitcoin’s recent rise above $114,000 is a cautious reset rather than a major breakout.About...

Zelle Launches Cross-Border Payments Using Stablecoin Tech

Zelle is launching a new cross-border payment service powered by stablecoins.The service will be...
- Advertisement -

Must Read

Top 10 Best DeFi Tokens to Invest in 2022

Decentralized Finance (Defi), is one of the most talked-about topics in the crypto space alongside NFTs. So if you want to know the best...