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    ---
    layout: fr
    title: RandomX Audits
    author: Howard Chu
    date: 20 May 2019
    amount: 1400
    milestones:
      - name: Kudelski
        funds: 215
        done:
        status: unfinished
      - name: X41
        funds: 555
        done:
        status: unfinished
      - name: QuarksLab
        funds: 625
        done:
        status: unfinished
    payouts:
      - date:
        amount:
      - date:
        amount:
      - date:
        amount:
    ---
    This is the funding request for the audits for the RandomX Proof of Work algorithm that we've
    been working on for the past year or so. Our aim has been to develop a PoW that requires any
    implementation to include the major components of a CPU, and thus constrain all implementations
    to have CPU-like performance. The code for RandomX is available for testing on
    https://github.com/tevador/RandomX/
    
    We solicited proposals from 4 different audit teams. One of these is already being paid for
    by Arweave.org. The community voted to fund the other 3, in this priority order. The vote
    occurred on https://www.reddit.com/r/Monero/comments/bozr0z/randomx_auditor_selection/
    
    Like with the Bulletproofs audit, We are working with the Open Source Technology Improvement Fund (OSTIF),
    which has generously offered to manage the exchange of XMR to fiat to pay the reviewers.
    
    REQUEST
    
    1. Kudelski 18,250 CHF ~ $18,094.04
    2. X41 42,000 Euro ~ $46,902.58
    3. QuarksLab $52,800.00
    
    The total amount is around $118,000 (and may vary due to exchange rate fluctuations from USD
    to CHF and EUR). The request is for 1400 XMR, using an exhange estimate of 1 XMR = 85 USD. Since
    the funding is in fiat currency, this amount will be updated to reflect price fluctuations
    until funded.
    
    The reviews will be funded in this order as soon as sufficient funds are available.