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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. This means
+that as soon as enough funds have been raised to pay for Kudelski we will engage them to begin
+their review. If/when sufficient funds are raised to pay for X41 we will start that; if/when
+sufficient additional funds are raised to cover QuarksLab we will start that. If we don't raise
+enough funds to cover all 3 reviews we will go with whatever we can cover. As with any other CCS
+proposal, any funds collected that aren't sufficient to meet a funding target will be reverted
+to the general development fund.
+
+Reviews must be completed by end of June so that any identified problems can be fixed by July,
+and ready for a code freeze and subsequent October release.