Riccardo “Fluffypony” Spagni, a former lead maintainer of the privacy blockchain Monero, has launched a new mining application called Tari Universe.
Former Monero developer Riccardo “Fluffypony” Spagni has launched a new mining application called Tari Universe. The app aims to democratize cryptocurrency mining by using an ASIC-resistant hashing algorithm that allows users to mine tokens with ordinary computers.
According to Spagni, the goal of the app is to make mining more accessible to everyone. Speaking about the launch of the app, Spagni said:
“We wanted to create an experience where the technology fades into the background. Tari Universe is about empowering users without overwhelming them.”
Interested users can improve their waitlist position by visiting the Tari Universe site and inviting friends to join, Spagni added.
The former Monero developer is promoting the layer one protocol even as he faces fraud and forgery charges pressed by his former employer, Cape Cookies. A Mybroadband report in June said Spagni defrauded Cape Cookies of around $83,400 between Oct. 1, 2009, and June 8, 2011. However, South African authorities did not take action until August 2021 when they asked U.S. authorities to apprehend him.
Since his arrest and subsequent transfer to South African authorities, Spagni has maintained his innocence, including attempting to have the arrest warrant set aside. But the South African Supreme Court of Appeal dismissed this application.
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