AlphaBay Comments on Bitcoin Congestion, Monero Adoption and Zcash Possibilities

AlphaBay Comments on Bitcoin Congestion, Monero Adoption and Zcash Possibilities

While Silk Road popularized the industry back in 2011, AlphaBay is the now the most widely used darknet market in existence. Usage statistics are hard to come by when it comes to Tor hidden services, but in an interview with Deep Dot Web earlier this year, the site’s head administrator claimed many vendors from the now-defunct Evolution marketplace have....


Related News

Monero Overtakes Litecoin, Demonstrates Strong Performance

On January 3, Monero officially overtook Litecoin and Ripple, solidifying its position as one of the leading cryptocurrencies in the market. There exists several major factors that pushed the market cap of Monero this past weekend including the Alphabay userbase, active development and integration. Experts Praise Monero, Over the past 12 months, Monero and its development team received positive and optimistic recognition from leading cryptocurrency experts and cryptographers, due to its legitimate cryptography and technology. It is one of the very few cryptocurrencies in the market that....

Darknet Customers Are Demanding Bitcoin Alternative Monero

The dark web has started to embrace Monero, a privacy-conscious alternative to Bitcoin. First, the operators of SIGAINT, a commonly used dark web email provider, decided to host a full node for Monero light wallets. Then, an eight-month-old darknet market called Oasis decided to allow vendors to accept Monero. Finally, Alphabay, the largest darknet market in operation right now, announced the first phase of Monero implementation on their platform. Why Monero? Staff members at Alphabay and Oasis say that customers and vendors have simply demanded the Monero option. “It's a lot more secure....

Monero Challenges Bitcoin to Become Darknet Currency

Alphabay, a deep web marketplace is soon starting to accept Monero on the platform. The increased interest in Monero is attributed to its enhanced privacy features. A new cryptocurrency is giving Bitcoin a run for its money when it comes to the title of being the most favored currency on the dark net. Monero, as the cryptocurrency is titled, is gaining recognition for its better-tha-Bitcoin privacy features. Unlike Bitcoin, the blockchain of which is open and transparent, and can easily trace users by their respective wallet addressed, Monero automatically generates a new wallet address....

Monero on the Rise; ZCash Falls 54%

Monero is on the rise, demonstrating a 10% increase over the past 24 hours. Overhyped ZCash however has declined significantly over the past two days, decreasing by 54% yet again. Despite mainstream media attraction and substantial investment involved, it seems as if the market and community have chosen Monero over ZCash as the anonymous digital currency. While the rapid decline in the value of ZCash came as a surprise to some investors, it was expected by the majority of experts and high profile traders in the cryptocurrency investors that have criticized the controversial launch of....

Leading Dark Net Markets to Support Monero

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....