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Why Monero Is Open Source and Decentralized Find out why being open source and decentralized gives Monero a huge advantage over competing cryptocurrencies. Monero Mining: What Makes RandomX So Special On November 30th, 2019, Monero had its semiannual hard fork, with the most anticipated change being a switch from the old PoW algorithm, cryptonight, to the completely new, internally developed one, RandomX.