During browsing Github issues on Monero related projects, some mentions ‘the next hard fork’, is the hard fork happens in a predefined intervals? Could you please explain in easy terms what’s Seraphis and what changes it will bring?
During browsing Github issues on Monero related projects, some mentions ‘the next hard fork’, is the hard fork happens in a predefined intervals? Could you please explain in easy terms what’s Seraphis and what changes it will bring?
Seraphis is a big change, and I think it warrants discussion.
Firstly the timeframe:
“At the moment it’s quite difficult to estimate when everything will be ready for the hardfork to Seraphis and Jamtis. Some very early estimates see a possible hardfork about 2 years out, i.e. in the first half of 2025. Things may easily take a year longer.”
Lots of other FAQs available here: https://github.com/seraphis-migration/strategy/wiki/Seraphis-and-Jamtis-FAQ
Importantly addresses will change.
From Localmonero.co:
"Unfortunately, Monero addresses currently in use are not compatible with Seraphis. Users would need to generate new addresses from their wallet keys in order to receive Monero if Seraphis were implemented. "
Also see this discussion about Seraphis implementation.
“No Wallet Left Behind” - Make Sure Our Wallets Survive the Fork to Monero 2.0
https://github.com/monero-project/monero/issues/8157