Could Monero Become Bitcoin’s Anonymizing ‘Appcoin’?

Could Monero Become Bitcoin’s Anonymizing ‘Appcoin’?

Monero’s stratospheric rise in value, darknet market acceptance and positive outlook mean this year could see it become Bitcoin’s de facto ‘appcoin.’ Bitcoin and ‘Giving Away Information’. The altcoin, which has shot from $0.50 to $12 per coin since January 2016, boasts privacy and anonymity features, which are gaining a steady stream of well-known fans. “If I pay my rent in Bitcoin, it wouldn’t be that hard for the landlord to figure out how much money I earned if I don’t take extra precautions,” cryptocurrency consultant Peter Todd told Wired. Then they can decide whose rent to increase.....


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(XMR) Monero Price Trending Downwards

Monero has ranked among the top altcoins since its release in April, even earning its own market as a trading pair on the altcoin exchange Poloniex. However, the Monero price has been in decline for the past several months. CCN examines this altcoin price movement to help investors make wise trading decisions. Also Read: Monero Market Added To Poloniex Cryptocurrency Exchange. Monero Price Trending Downwards. The Monero price has been in decline for several months, and the fall continued during the past week. On October 24, the Monero price was 212,653 satoshis. Over the next two days, the....

Monero Market Added To Poloniex Cryptocurrency Exchange

Monero (XMR) is an cryptocurrency based on the CryptoNote protocol that touts anonymity as one of its winning features. Recently, United States cryptocurrency exchange Poloniex added a new Monero market to its list of features. The addition makes Monero not only the first altcoin to establish its own market pairing since Litecoin on Poloniex, but also the first Monero direct market in existence. CCN. Poloniex, founded in January of 2014, currently offers over 140 Bitcoin and Monero trading pairs. Many know it's name from the Bitcoin theft they experienced this past March. The event was a....

CryptoNote Team Responds to Monero "Coin-Killer" Threat

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....

Bitcoin Developer Declares War on the Nation State

In his self-described call to arms, Monero core developer elucidates his thoughts on the Bitcoin community's "Delusions of Grandeur." Our hubris led us down the path of infighting; inflated self-efficacy fueled the belief banksters would just disappear. After the brief scolding, our Bitcoin Napoleon reveals his plans for our salvation - and world domination. Also read: How Bitcoin Leads to Voluntary Government. French programmer & crypto dev David Latapie decried in an eclectic late night post on the bitcointalk.org forums. "We are resting on our laurels because BTC reached 1000 dollars.......

Upcoming Monero Hard Fork Lays Foundation For Complete Anonymity

Monero network blocks will enforce coinbase transactions to be split into new denominations. Doing so will prevent unmixable inputs from being created. Over the past few weeks, there has been a significant interest in Monero. Not only did the alternative currency gain significant value in recent weeks, but it also got accepted on various darknet markets. The developers have announced a hard fork, which will bring several changes to the ecosystem. The Monero hard fork will go into effect on September 21st. Users and miners will need to update their clients on that date – or....

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I really like Bitcoin. I own Bitcoins. It's a store of value, a distributed ledger. It's a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government's currency does not hold value. It's also a good investment vehicle if you have an appetite for risk. But it won't be a currency until volatility slows down.

David Marcus, Former President of PayPal