How Bitcoin Users Reclaim Their Privacy Through Its Anonymous Sibling, Monero
Bitcoin right now is not really anonymous. While Bitcoin addresses aren't necessarily linked to real-world identities, they can be. Monitoring the unencrypted peer-to-peer network, analyses of the public blockchain and Know Your Customer (KYC) policy or Anti-Money Laundering (AML) regulations can reveal a lot about who's using Bitcoin and for what. This....
Related News
Dash and Monero, two of the top ten cryptocurrencies, gained the following based on their improved privacy options. Monero is ranked as the most privatized money in the world, and while Dash has shifted focus to usability and a robust governance since abandoning the Darkcoin branding, it nonetheless features a Private-Send option for even more anonymous transactions. While both of these currencies certainly boast greater technical features than Bitcoin in the privacy department, the strength of these privacy offerings is diminished without a way to obtain them privately, especially without....
Monero, zcash and other privacy coins, a type of digital token that provides users with enhanced anonymity, are surging in cryptocurrency markets.
According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar.
Monero Aims to Upgrade in July
The development team behind the Monero (XMR) project has plans to upgrade the blockchain at some point in July, according to the Github-hosted version 15 “Network Upgrade Checklist #690.” Monero is an open-source distributed....
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....