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Celebrating Monero’s Birthday with some Cake7 (MT 348)

TODAY’S 🎙SHOW:Douglas Tuman and Seth from Cake Wallet discussing Monero’s 11th birthday and recent developments in the Cake Wallet ecosystem. Seth discussed several major updates to Cake Wallet, including background sync for Monero which allows wallets to stay synchronized automatically, and the implementation of a unified 12-word seed phrase system for all supported cryptocurrencies. The conversation covered the upcoming FCMP (Full Chain Membership Proofs) implementation in Monero, with Seth estimating a timeline of 6-9 months for full deployment. Seth shared insights about Cake Wallet’s integration with the Open Crypto Pay system, enabling seamless point-of-sale transactions in Switzerland. He also discussed the importance of maintaining a symbiotic relationship between Monero and other cryptocurrencies, particularly Bitcoin and Litecoin, as they serve as valuable on-ramps to Monero. The discussion concluded with Seth emphasizing the need for the Monero community to focus on improving user experience without compromising privacy, and to be more open to integration with existing cryptocurrency infrastructure like BTC Pay Server.

Watch Here (YouTube)➡️ https://youtube.com/live/xW1ifKvI_yk Listen Here 🎧: https://www.monerotalk.live/monerotalk-348

Coffee & Monero, Go to Gratuitas.org today!

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