Monero utilizes a community crowdfunding system whereby projects are proposed for development and community-funded. Funding is held in escrow and remunerated to developers once programming milestones are achieved. Anyone may generate new proposals or fund existing ones.
An easy and effective way to help the Monero network is to run a @node. Nodes ensure the network keeps running safe and decentralized. A simple fully synchronized node is enough to help the network, but if you want to go out of your way, you could run an open @remote-node, to allow other people to connect to it.
Mining ensures the safety of the network. Monero uses @randomx, an ASIC-resistant algorithm developed by Monero contributors, which aims to remain mineable by common consumer-grade hardware. For more info about mining see the
The developers working on Monero are mostly indepentent volunteers, but some of them may be funded through CCS proposals. If you wish to support their efforts by donating some XMRs, consider contacting them personally or using tipping services.
