Using the power of a distributed peer-to-peer consensus network, every transaction on the network is cryptographically secured against any adversary. Using a cryptographically sound protocol, Masari ensures that all your transactions are private by default.

By using the RingCT protocol, Masari is able to ensure that all transactions are untraceable, unlinkable, and that amounts transferred are hidden from the public.

All of the privacy features in Masari resolve into true fungibility, which makes its digital currency equivalent to cash or gold, where no transaction can be discriminated against another.

Circulating supply:
BTC price:
USD price:


Masari (MSR / XMS) is a scalability-focused, untraceable, secure, and fungible cryptocurrency using the RingCT protocol.
Future scalability initiatives with Uncle Mining and Blocktree protocols
Community Developed
Developed and funded by community volunteers
Cross-platform supported and easy to use

Community Roadmap

This roadmap is community driven and subject to change, represents prior achievements (non-comprehensive) and estimated timelines for future plans.

Q4 2017

WHM Difficulty Algorithm

A necessary update implementing one of the best known algorithms in order to mitigate flash mining issues as a new altcoin, with a pull request made upstream as a contribution back to Monero.

Q4 2017

GUI Wallet

A new and easy to use GUI wallet was intended to be available, but time constraints pushed instead for porting one over from Monero for use while this initiative is merged with the mobile wallet goal.

Q1 2018

Multi-Sig & Subaddress Support

Both upstream features. Multi-sig will allow for trustless off-chain transactions that would otherwise require a counterparty. Subaddresses allow a single Masari private key to issue multiple subaddresses, expanding beyond payment IDs.

Q2 2018

CryptoNight-Fast PoW

We've created our own CN variant in order to further secure against malicious network attacks, while being more stable and CPU friendly.

Q3 2018

Web & Mobile Wallet

This targets mass adoption, including mobile devices support for day-to-day usability. Client-side web wallet can be found here and Android wallet available here (coming to the app store soon)

Q4 2018

Uncle Mining (SECOR)

This feature unique to Masari delivers a more secure network, faster blocks, and rewards miners for orphaned blocks. Currently in testnet, white paper in progress with design and implementation under review in preparation for mainnet.

Q4 2018

Collaboration Corner

This is a social protocol being developed as a guideline to encourage contribution and decentralize project stewardship.

Q1 2019

Blocktree Whitepaper

Pending further research, this investigates PoW sharding potential of the CryptoNote protocol by taking advantage of one-time public key outputs to partition/shard the transactions into a scalable blocktree.

Q2 2019

Ledger Integration

With many preferring hardware solutions storing one's MSR, Ledger is to be supported as a storage alternative.

Q4 2019

Blocktree Implementation

Pending preceding research, implementation to be complete by end of year.


Simple Private Tokens (SPT)

Without smart contracts, this features the ability to issue private digital assets in the network easily by the end user, with any computational logic using interchangeable off-chain architecture.


Real-time Authorization

Without masternodes and any protocol level changes, this features the ability for a merchant to achieve high confidence that a transaction will get confirmed so that their pending orders can either be filled immediately.


I/O bound PoW

Our current CryptoNight-Fast variant (as all others) is only temporary. Inspired by Cuckoo Cycles, alternative approaches are to be looked into that are I/O bound, evening the playing field for miners from mobile devices to ASICs, allowing for an eco-friendly yet secure network.

The Masari Research Corner researches innovation in privacy and cryptocurrency technology within the context of advancing Masari's protocol
WWHM Difficulty Adjustment Algorithm

Abstract: This paper details the cryptocurrency Masari's implementation and transition to a Weighted-Weighted Harmonic Mean difficulty adjustment algorithm in order to smoothly adjust its difficulty target so that the chain maintains a steady two-minute block time. The original idea for this algorithm comes from Tom Harold and was modified by Scott Roberts. The original C++ implementation was done by Thaer Khawaja of the Masari Core Team. This implementation has since been adopted by several other cryptocurrency projects, and has paved the way for other difficulty adjustment algorithms such as LWMA.

Simple Extended Consensus Resolution: Uncle Mining On The Blockchain

Work In Progress


Coming Soon

Core Team

team member
Lead developer
Thaer Khawaja
team member
Communications Director
Nick Quick
team member
Back-end Developer
team member
Marketing Director
team member
Front-end Developer