The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail Bloc co-founder Nov. 15. ICE is a law enforcement agency of the federal government of the U.S, the mission of which is […]
Bity, a respected cryptocurrency broker with numerous Bitcoin ATMs in Switzerland has hinted on the possibility of integration Monero on its ATM any moment from now. Today, Bity displayed Monero logo with Ethereum, saying it is cooking something big. The platform’s BTMs offer the convenience and flexibility of instantly buying or selling bitcoin with Swiss … Continue reading "Bity, Respected Crypto Broker With ATMs Across Switzerland, Hints On Monero (XMR) Integration"
FOMO Moments Markets recovering this Monday; Monero, Dash and BAT climbing, Eternal Token getting trounced. As we start another week crypto markets have made some upward progress. Total market capitalization has passed $210 billion for the first time in seven days and green is the predominant colour at the moment. Bitcoin is up marginally and...
Everyone was expecting to see the success of the Monero update mirrored in the price of XMR, but this hasn't happened so far. Monero (XMR) privacy coin has been experiencing tight trading in between set resistance and support levels. Long-term outlook for XMR The long-term outlook for the token still has to be seen, and … Continue reading "Monero Price Prediction – Bears Might Take Over Shortly After The Successful Update"
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin (BTC) turned ten on Oct. 31, but […]
Huobi Global leading digital asset exchange has a strong global presence with its operations established worldwide. The platform offers a secure and reliable service to users across 130+ countries. This was reportedly the very first exchange that launched 24/7 customer service and created an investor protection fund. As a pioneer of the crypto industry, the … Continue reading "Monero News: Huobi Global Introduces XMR/USDT Trading Pair Following The Latest Monero Update"
The crypto space doesn’t sit still for a minute, and more tokens and the companies behind them are enjoying lots of achievements and developments these days. Here are some of the current favorite coins in the crypto market along with the latest news. Bitcoin In a brand new interview with Fox Business, VanEck’s digital asset … Continue reading "Latest Crypto News: Bitcoin ETF Reportedly “Meets Every Requirement”, Ripple & XRP, Tron (TRX), Monero (XMR)"
Monero Monero [XMR] – the 10th largest coin by market capitalization is one of the few coins that follows the original idea of cryptocurrencies to respect anonymity and safety. While the same in some way or shape is targeted by the leading coins, there is a miss-lead taking place. The nature to conform to present regulations set by […]
Bisq is an open-source desktop application that all0ows users to trade Bitcoin in exchange for national currencies and also alternative cryptos. The best features that characterize Bisq are that it’s instantly accessible, and there is no need for registration or approval from a central authority. Also, the platform is decentralized which means that there is … Continue reading "Bisq Handled 5% Of All Monero Trading Volume, Says Data From CoinMarketCap – Bisq & Monero Have The Same Privacy-Related Focus"
Back in September, the founder and CEO of ShapeShift Erik Voorhees announced that the exchange is launching a membership program and anonymous trading will no longer be available. ShapeShift changed their policy “To some who have followed our history, it may seem a curious development; ShapeShift is known as “the exchange without accounts,” a model … Continue reading "ShapeShift Crypto Exchange Is No Longer Annonymous – Users Are Turning To MorphToken As A Viable Alternative To Get Monero (XMR)"
The Cardano community and ADA holders are getting ready to enjoy enhanced security. IOHK revealed that Trezor is preparing to provide support for ADA. Trezor is a popular hardware wallet which allows crypto storing. They are globally known mainly for their security and the fact that the wallet is able to store the key to … Continue reading "Cardano (ADA) Boosts Security – Trezor Hardware Wallet Brings Support For ADA, Monero (XMR) And More Tokens"
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto markets are stuck in a very […]
The whole crypto space knows by now that the Monero bulletproofs protocol has been a massive success. The transaction fees were able to drop by about 97% and the transaction data sizes saw an 80% cut. More than that, after the success of Monero’s blockchain upgrade, the Monero community celebrated the fact that Binance and … Continue reading "ZCash (ZEC)’s “Sapling” Protocol Scheduled For Launch Tomorrow Aims To Revolutionize Private Transactions After Monero (XMR)’s Bulletproofs"
ZCash Company’s “Sapling” Protocol To Revolutionize Private Transactions As reported by Ethereum World News in the past weeks, the Monero (XMR) bulletproof protocol has quickly been hailed as a resounding success, with transaction fees plummeting by upwards of 97% and transactional data sizes seeing an 80% haircut. Just recently, in a testament to the success of […]
The recent update of the Monero blockchain seems destined to be one of the most important for the community. Not only does Beryllium Bullet -the name given to the hard fork- improve the levels of anonymity and security but it is also a powerful tool in the future adoption of XMR by optimizing its mining […]
Riccardo Spagni is better known as fluffypony in the world of crypto, and he’s the lead maintainer of the Monero project. Monero is now one of the biggest cryptos in the world, and it provides private and anonymous transactions that are maintained by a decentralized network of miners and a legion of amazing developers. Forbes … Continue reading "Ricardo Spagni Aka Fluffypony, Creator Of The Monero Blockchain Slams Forbes Middle East For Fake News Involving Ezekiel Osborne And Monero-Related Claims"
The Monero community has never been more excited. The latest update was a complete success for Monero, and now leading crypto exchanges in the world are lowering withdrawal fees for the privacy coin. Transaction fees are much lower now that XMR has added Bulletproofs to their network. Bulletproofs was implemented a few days ago and … Continue reading "Bittrex And Binance Cut Monero Withdrawal Fees After Bulletproofs Go Live In The Latest Update"
After implementation of their version of “Segwit”, Monero transaction fees are near zero. Because of that, Bittrex and Binance have responded by slashing withdrawal fees to a mere $0.01. This is bullish and coincidentally it happens at a time when Litecoin plans to execute core 0.17 promising to drive down network fees by a factor...
Monero (XMR) is currently trading in the green, and it’s priced at $106.09 on CoinMarketCap. Monero might just be one of the safest bets that are available on the market at the moment. Monero just reached the bottom of the channel and more than likely it will return with a bullish momentum for the long … Continue reading "Monero (XMR) Could Reportedly End 2018 Above $500 – XMR Becomes Popular Among Investors Who Are Looking To Stay Safe In The Long Term"
BTC.com engineer and concerned Monero user ‘Lacksfish’ has outlined a troubling bias towards the use of coinbase (block reward) transactions as decoys (also known as mixins) occuring on the post-fork Monero chain, with potentially troublesome privacy implications. The Github issue outlined here points towards a concerning number of recent transactions in which there is a disproportionate […]
Monero (XMR) is currently occupying the tenth position in the crypto market, and it has been making headlines with its important development-related announcements. Its latest update, for instance, was aimed at improving its network. From a bug in the wallet to a highly improved ecosystem The token made its first sparks after a long time … Continue reading "Monero (XMR) Thrives In The Crypto Market Following All Its Recent Developments"
During a recent discussion on Monero’s successful update from range proofs to bulletproofs, Dr. Sarang Noether, a full-time researcher in the Monero Research Lab and the organizer of the bulletproofs implementation audits addressed the upgrade more in-depth. About RingCT privacy feature He started by talking about the history of bulletproof and how back in 2017 the … Continue reading "Monero (XMR)’s Bulletproof Upgrade Fixes Loopholes In RingCT Protocol, Says Expert From Monero Research Lab"
The most successful cryptos from the last months are definitely Ripple’s XRP, Ethereum (ETH), Tron (TRX) and Monero (XMR). XRP and ETH are reportedly more reliable than YouTube Ripple’s CTO David Schwartz made a really passionate case for crypto and the blockchain tech during the Money 20/20 conference in Las Vegas. During a debate on … Continue reading "The Most Successful Cryptos Of 2018 So Far: Ripple’s XRP, Ethereum (ETH), Tron (TRX), And Monero (XMR)"
Last week marked a significant milestone for Monero as the popular blockchain saw its successful upgrade to v 0.13.0.0, known as Beryllium Bullet. The upgrade fixed a lot of tech issues, but the fundamental changes that have a high impact on regular users are regarding storage space and costs. The update brings an improved protocol … Continue reading "Monero Transactions’ Size Is Reduced And Fees Reportedly Drop By 97% After XMR Becomes Bulletproof"
Monero “BulletProofs” Go Live After months of toiling behind the scenes, as reported by Ethereum World News, Monero (XMR) developers breathed a sigh of relief on Thursday, when the popular blockchain saw its successful upgrade to v0.13.0.0., known as “Beryllium Bullet.” While there were many technical changes that the upgrade fixed, there were two fundamental […]
Tone Vays is a popular Bitcoin influencer and during a recent interview, he explained the reasons that make Bitcoin better than other cryptos in his opinion. He also addressed the risks involved in alternative uses of the blockchain, other than cryptos. Bitcoin vs. Monero First of all, he explained the main reason for which he … Continue reading "Bitcoin Influencer Tone Vays Explains Why He Would Choose Bitcoin (BTC) Over Monero (XMR)"
Monero is a powerful tool that prioritizes privacy, security, decentralization, and fungibility. It includes several design components, including an accessible Proof of Work (PoW) algorithm and mandatory privacy to better meet these objectives. Monero is most often used for good. Thousands of transactions per day are used for speculation, securing the network, and for everyday purchases. Several nonprofits including UNICEF Australia, BailBloc, and Change.org allow users to mine Monero by simply visiting a website. The proceeds support various philanthropic causes. Other websites allow users to opt-in to mine instead of viewing advertising.
While the clear majority of users take advantage of these features for good, some attackers use Monero to earn money from machines without users' consent. They may run miners on webpages that activate without a user's consent. They may infect machines or hide it in other packages and run mining software. They may infect machines, encrypt the local files, and demand a ransom payment in Monero.
The Monero community condemns this malicious, non-consensual use of equipment to mine. Unfortunately, the Monero network itself benefits by having a wide set of stakeholders mine, since the network's security is afforded through a distributed set of users. While restricting mining to specialized equipment largely eliminates malicious mining, it doesn't eliminate ransomware, and it introduces security compromises that the Monero community is not comfortable with. Monero contributors build the best tool possible; they should not make it less secure even if it means the accessible system provides easier access to criminals too. However, the Monero community does not want to sit idly by as victims struggle to understand the impact of mining and ransomware. Most of these victims have no idea what mining and Monero are.
We created a set of resources that explain the basics of Monero and mining. We also have resources explaining and helping stop/remove unwanted in-browser mining, system mining, and ransomware. The website is purposefully approachable to absolute newcomers so that anyone can understand, though it offers actionable information that novices and experts alike can follow. It's our mission to resolve an unfortunate situation as well as possible.
The Monero Malware Workgroup is a self-organized set of volunteers that maintains these resources and provides live support. In the future, we will provide support from our website directly, but you can interact with our volunteers today at #monero-mrw, accessible on Freenode, Riot/Matrix, Mattermost, and Slack. If you would like to join our workgroup, hang out there and help us answer questions!
We will not be able to eliminate malicious mining, but we hope to provide necessary education for people to better understand Monero, what mining is, and how to remove malware.
What is the Monero?
Created in 2014, Monero (which means “piece” in Esperanto) does not rely on Bitcoin code but on cryptonote technology. It is safer, ensures anonymity to its users. The amount of transactions is also impossible to see from the outside. Above all is scalable, which ensures that it can support the expected increase in the volume of transactions in the years to come.
The algorithm that manages Monero mining is also described as superior to that of Bitcoin by number of users. Since it allows individuals to mine without problems. Monero relies heavily on the community that supports it.