Monero (XMR) was one of the first privacy coins in the world. This unique cryptocurrency pioneered multiple technologies to accomplish this critical task. Today, privacy is more important than ever. Consequently, Monero is also one of the most popular cryptocurrencies on the planet. What is Monero? Monero is the cryptomarket’s answer to Bitcoin‘s lack of privacy. For a long time, people believed that Bitcoin transactions were anonymous. Nowadays, most people understand that this is not the… Source link

The cryptocurrency litecoin is often referred to as the silver to bitcoin’s gold. This year, litecoin investors might have been better off staying in the analog world: While bitcoin has gained twice as much as gold, litecoin has barely kept up with silver. Some investors now foresee a rally developing in litecoin prices, with a key upgrade looming and signs that activity is increasing on the blockchain network. The upgrade will put in effect a “privacy protocol” known as Mimblewimble,… Source link

Sign up for our daily cybersecurity news briefing today, free. SmartBrief on Cybersecurity recently covered an intriguing story: A hacking group has announced it is switching to Monero, a form of cryptocurrency that can be impossible to trace. No longer content merely to steal from ordinary people at random, the group wants to reduce its risk by hiding completely from law enforcement. As of December 2019, Monero was sometimes impossible to trace. Europol couldn’t always trace it, the UK… Source link