Monero Collaborates With Arweave to Validate Cryptocurrency Proof-of-Work Algorithm “RandomX”

Cryptocurrency Monero announced on Tuesday it has partnered with Arweave to validate the new cryptocurrency proof-of-work algorithm, RandomX. According to Monero, RandomX promotes fair cryptocurrency mining on standard computer hardware, resisting the use of Application Specific Integrated Circuits (ASICs).

“RandomX fights the use of ASICs. In conventional proof-of-work algorithms, a single function for puzzle finding is run over many iterations until a valid solution is found. Whatever that function happens to be, the fact that there is only a single one allows ASIC manufacturers to analyze it, optimize it, and embed it in hardware to execute with greater efficiency than any CPU implementation.”

While sharing more details about RandomX, Sam Williams, CEO at Arweave, stated:

“An ASIC-resistant proof-of-work algorithm like RandomX will further enhance our permanent, low-cost, tamper-resistant storage network. RandomX helps us ensure that power over the decentralised content policies in the Arweave network remains well distributed across many globally distributed parties.”

Monero went on to add that RandomX originated from its developers as an approach offering benefit for the larger community while Arweave recognizes these benefits as applicable to their own technology. Both communities are excited to see the results of this joint investigation and have this technology applied to their projects.



Sponsored Links by DQ Promote

 

 

Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 18, 2026 vs Jan 1, 2025 - Oct 18, 2025

Share this graph
Number of Filings129Prior 123 +4.9%
Target Raise, Total$3.37BPrior $3.45B -2.2%
This YTDYear priorChange
Filings 129 123 +4.9%
Target raise $3.37B $3.45B -2.2%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Newest
Oldest Most Voted
 
0
Would love your thoughts, please comment.x
()
x
Send this to a friend