CryptoNote Currencies - Anonymous 3rd Gen
CryptoNote currencies are quickly gaining speed and have established themselves as a niche in this ever-evolving universe of cryptocurrency technology. Like Bitcoin, CryptoNote currency is an open source technology moving the world forward in the development of decentralized currency. However, there are some differences that make CryptoNote currencies different than Bitcoin. Regulatory detractors claim that Bitcoin is anonymous, but a closer look reveals that Bitcoin is only psuedonymous. Transactions are still traceable through the transaction public key of any sender or recipient by....
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You may have already heard about innovative CryptoNote platform and its reference code Bytecoin (BCN), the first currency said to have truly anonymous transactions and egalitarian CPU mining only. Cryptonote technology is based on ring signatures, differs from Bitcoin source code completely and is already being discussed by the community. On July 4th Bytecoin celebrated its 2nd anniversary and we took this opportunity to shed some light on CryptoNote platform and its reference currency, Bytecoin (BCN). We had some time with Harry Ullman the head responsible for all external communication....
duckNote XDN is a freshly appeared mysterious cryptocurrency, based on CryptoNote technology and blowing the mind with its website. While it looks like a fun project, I have a strong feeling that duckNote is not as simple as it seems. We had a chance and pleasure to get in touch with one of duckNote main developers. CoinTelegraph: First, who is behind the duck? “Don't concentrate on the finger or you will miss all that heavenly glory” dNote: Well, I would say rabbit :) Just a joke. Being serious there is no single duckNote developer. Instead, there is a number of duckNote developer teams....
Last week, a bitcointalk hero-level community member by the name of "BitcoinEXpress" announced that he found an Achille's Heel-like vulnerability in CryptoNote, a highly-sophisticated and secure cryptography technology. BitcoinEXpress said that someone could attack Monero, a cryptocurrency that uses CryptoNote, because of this vulnerability. In a post, BitcoinEXpress said the following about a vulnerability: "I have no interest in buying any exploit or any interest in attacking Monero. I am neither for or against, the coin. I do however see a serious flaw inherent to all CN coins with....
Privacy-centric cryptocurrency Monero (XMR) has been making waves in the community as of late. Most recently, it has been revealed that the digital currency will be used by leading Dark Net Markets. Oasis & Alphabay Will Implement Monero. According to a recent Reddit post on the Dark Net Markets (DNM) forum, Monero will be used by the Alphabay and....
Bitcoin surged in popularity as the world’s first great cryptocurrency in large part thanks to its privacy offerings, allowing users to be anonymous, traceable only by pseudonym wallet identifiers. Several other cryptocurrencies attempted to expand on Bitcoin’s privacy, such as Darkcoin (before rebranding as Dash and pursuing more broad goals) and Monero. In late summer this year, Monero surged as cryptocurrency entered a new privacy-centric hype cycle. Recently, its price and hype have adjusted as possible competitor Zcash debuted too much hype, and possibly due to discontent over current....