submitted by kkkc to CryptoIndex_io [link] [comments]
Cryptoindex is a tool for exposure to the cryptomarket and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 1000 coins applying over 170 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins.
You can find our previous reviews here:
Dash. Review - August 2018. Binance Coin. Review IOTA. Review. August - 2018 NEM.Overview Ethereum Classic.Review TRON overview. Cardano - review. Future plans. Ripple - review. Further Perspectives Litecoin. June'18 overview The Dow Jones index. From where did it come to us? Bitcoin Cash. June 2018 overview Are cryptocurrency indices a new crypto market trend? EOS. End of May'18 overview Ethereum. May 2018 overview
Here on our Cryptoindex blog, we will be posting 100 articles about each of the top performing coins selected by our powerful AI algorithm#CIX100coinreview.
Today’s review: Monero
What is Monero?
This name cryptocurrency has received from the word "coin" in the language of Esperanto. Cryptocurrency appeared on April 18, 2014, as Bytecoin fork (not Bitcoin). The release of the coin caused increased interest from the crypto community after announcing by the developers the Roadmap and the Whitepaper. The essence of the project was to make the cryptocurrency anonymous.
But on the other hand, the creation of such cryptocurrency attracted the attention of law enforcement agencies, including Europol. As an argument that was brought to the attention of developers, it was that Monero could become a good means of payment on the black market for drugs trade.
The FBI also speaks with the same statement, pointing out that Monero is in the TOP of the crypto-currency on the black market:
At the time of writing, Monero is ranked 11th by the capitalization in Coinmarketcap.com
How does it work?
Monero is mostly an open source software that uses the principle of proof-of-work. But unlike Bitcoin, Monero emission is not limited. That's why the developers did it so that the miners would ensure the system's operation even after the emission was completed.
The developers of Monero have made a lot of efforts to make their cryptocurrency secure. To achieve a high result, special measures were taken:
Among the miners, it’s in high demand, due to anonymity for mining on other people's computers and servers. Recently, there have been more cases when Monero was noticed in the code of many viruses. The power of many computers around the world is used to extract this particular cryptocurrency, in particular, this happened last year in London, where scammers used the hacked government servers for mining.
Also Monero, right along with Bitcoin, Zcash and Dash is the most used cryptocurrency in Darknet. A particularly favored method of money laundering is the so-called "mixer". The principle of its work is that the money received illegally is sent to the exchange where Bitcoin coins are purchased, for which the Monero tokens are then purchased and then the attacker can safely transfer to any stock exchange, to a pre-established account and receive money in any form convenient for him.
Advantages of Monero
Now the developers are actively working to promote the currency. Given the high anonymity and growth in demand, success is entirely assured. The anonymity of Monero transactions is not absolute. If the attacker controls a large part of the network, then under certain circumstances, he can deanonymize some of the transactions.
At the time this article was published, Monero [XMR] is 0.812% of the total of CryptoIndex portfolio. You can always check the current CIX100 composition at our MVP platform: http://cryptoindex.ai/
Stay updated on our channels: Follow CRYPTOINDEX on Telegram Follow CRYPTOINDEX on Medium Follow CRYPTOINDEX on Twitter Follow CRYPTOINDEX on Facebook Follow CRYPTOINDEX on Linkedin Follow CRYPTOINDEX on Reddit
The Truth About Bitcoin: People Aren’t Using It As Currency. Ethereum-Based Scaling Solution, SKALE Network, Deploys Phase 2 Of Its Mainnet. Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’ Bitcoin Miners Saw 11% Revenue Drop in September – CoinDesk –… Blockchain. Blockchain India; Blockchain regulation; Hash blockchain; Blockchain Block; More. Mining ... Bitcoin transactions are 0 sum so what goes in must come out. When you make a transaction to send some money from your address to another address, any remainder gets sent to a change address that you'll be in control of. Now if that remainder is really small then it becomes "dusty." Then if you try to make another transaction with that dusty unspent output (UTXOs) miners will reject the ... “In a real-world experiment, we were able to link many users of Twitter and the BitcoinTalk forum to various hidden services, including WikiLeaks, Silk Road and The Pirate Bay,” the authors of the paper, “Deanonymizing Tor Hidden Service Users Through Bitcoin Transactions Analysis,” write. “Our results [have] one immediate implication: Bitcoin addresses should always be assumed ... Bitcoin and distributed systems expert Andreas Antonopoulos recently acknowledged that decentralized finance (DeFi) platforms allow users to earn passively by using their cryptocurrency holdings. Antonopoulos, who mainly supports developments related to the Bitcoin (BTC) protocol, argued that DeFi is one of the few ways to earn a passive income without having to “give your money... The Hacker Factor Blog author cites a paper from 2012 that identifies an “approach for deanonymizing hidden services” with similar Tor exploits mentioned. “These exploits represent a fundamental flaw in the current Tor architecture,” part one of the series notes. “People often think that Tor provides network anonymity for users and hidden services. However, Tor really only provides ... Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin ... Pages. About; Contact us; Sitemap; World BTC; Posts by category. Category: Markets. DeFi Unlocked: How to Earn Interest Lending Crypto using Aave; Uniswaps, Bitcoin ... A research paper from the University of Qatar reminds us that Bitcoin alone isn’t private. In fact, it can even deanonymize users seeking privacy from the anonymous communicatio Bitcoin is not an anonymous payment network.However, in practice, many people still appear to be forgetting this, even the most privacy-minded. A research paper from the University of Qatar reminds us that Bitcoin alone isn’t private. In fact, it can even deanonymize users seeking privacy from the anonymous communication network, Tor. Bitcoin exchange Binance start to use the software from Chainalysis to combat the money laundering. Quote The largest cryptocurrency exchange in terms of daily trading volume, Binance, used the software from blockchain startup Chainalysis called Chainalysis KYT [know your transaction] to monitor the transactions in real time and identify transactions related to criminal activity.
[index]          
This Line Is Critical For Bitcoin + Binance Scandal Altcoin Daily. Loading... Unsubscribe from Altcoin Daily? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 161K. Loading ... = Toujours valable en  Premier Tutoriel débutant: 1/4. Voici la première vidéo de la playlist tutoriel de ma chaîne. Cette dernière vise les plus début... Heute geht's um folgende Themen: Indien kann Bitcoin nicht regulieren, Binance entwickelt eigene Blockchain für dezentrale Exchange & Bitcoin $1Million Ende 2020 1.) India Can’t Regulate ... Cardano(ADA) Banned from Wiki? Bitcoin to $350k? Binance to issue Debit Card ----- My other channels and subscribe! https://www.youtube.com/cha... Themen und Quellen 3:07 Bitcoin-Preiskorrektur: Binance CEO sieht keinen Grund zur Sorge └ https://coin-update.de/bitcoin-preiskorrektur-binan... WATCH LIVE DAILY: https://ivanontech.com/live 🚀 SIGN UP FOR ACADEMY: https://academy.ivanontech.com ️ BEST DEALS: https://ivanontech.com/deals SIGN UP F... Bitcoin Technical Analysis & Bitcoin News Today: Craig Wright is a fraud and Binance delists Bitcoin SV. I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch ... Bitcoin Technical Analysis & Bitcoin News Today: Is Binance margin trading the new thing? On Binance you can now trade with up to 20x leverage on many cryptocurrencies. People are leaving BitMEX ... Deixe o seu like e se inscreva no canal para receber as notícias + quentes do mundo dos bitcoins antes de todos. Inscreva-se no canal youtube: https://goo.gl/99vNFp Siga-me no no Insta ... Bitcoin Manipulación y criptomonedas, hoy les traigo 3 razones con pruebas para demostrarle por qué Bitcoin nunca ha sido manipulado, les hablaré con pruebas...