After Facebook revealed the upcoming crypto project Libra, there’s been said and written a lot on the subject regarding the privacy and security of these digital assets. Coinbase CEO addresses privacy and security Coinbase CEO also wanted to share his opinion on the matter. Brian Armstrong said the following: “A scalable, sufficiently decentralized, chain that … Continue reading "Financial Security Would Make The World Freer Says Coinbase CEO – Zcash Is Heading To Secure Its Network, Monero Surges"
A while ago, we were reporting that Monero will soon be hosting a conference and it has held on June 22 and 23 at Denver, Colorado. According to the Monero team, the conference targeted all the enthusiasts of privacy who believe that this is a fundamental right. CryptoNewsZ also highlighted that the development of privacy … Continue reading "Monero Conference: The Monero Foundation Announced The Launch Of Kastelo Open Hardware Wallet"
Monero (XMR) has been in the news a lot recently. The project is solidly built around adherence to ground rules, which translates in compliance to the blockchain principles that are governing other cryptos such as BTC and ETH. NewsBTC notes that Monero’s Riccardo Spagni has addressed more than once the fact that he is not … Continue reading "Monero (XMR) Surpasses $116 And Price Predictions Are Bullish"
At the moment, Monero (XMR) is trading in the green on CoinMarketCap, and the privacy-oriented coin is priced above $114. The race of Bitcoin (BTC) is taking the most important coin in the crypto market on new yearly highs, and most cryptos are expected to follow its lead. Monero to hit $150 soon CryptoNewsZ has … Continue reading "Monero (XMR) Is Poised To Set A New All-Time High For 2019"
Monero has recently been in the spotlight after XMR finally crossed the $100 level. This is highly important because the coin was not priced above $100 since back in 2018 when the massive bulls hit the market. Now, XMR is in the spotlight again related to crypto mining. Hackers hide malware in pirated audio production … Continue reading "Monero Mining Bot Called LoudMiner Targets Pirated Versions Of Audio Production Software"
Bitcoin (BTC) and the altcoins have surged again over the past days, and this triggered massive excitement in the crypto market. Experts have been predicting that we'll soon witness BTC hitting the $10k level which is an extremely important one because once it's surpassed, massive FOMO will be unleashed. For instance, Tom Lee believes that once … Continue reading "Monero (XMR) Crosses The $100 Level For The First Time Since Back In 2018 – Increasing Bullish Momentum "
Monero (XMR) made headlines after becoming one of the very first digital assets to hide users’ identities while providing secure and faster transactions. The privacy-oriented coin is loved by a lot of traders due to its massive benefits. The Monero Outreach community has recently written a piece in which they explain these advantages all over … Continue reading "Abra CEO Hinted At Monero (XMR)’s Native Integration Into The Platform"
Monero has been recently in the news due to various struggles, achievements, and also hacking events that involved mining XMR. The latest version v0.12.1.0 release of Monero (XMR) marks the introduction of Trezor support for the model T, as CryptoNewsZ reveals. The online publication writes that “the guide is in the command line interface, but … Continue reading "Monero (XMR) Blockchain To Be Safeguarded By Drones"
Just a couple of days ago, Bitcoin (BTC) was able to surge a lot, and the most important digital asset in the market surpassed the $9,300 level, bringing up all the other coins as well. At the moment, Monero (XMR) is trading above $97 on CoinMarketCap, and the privacy-oriented coin is trading in the green. … Continue reading "Monero Price Prediction: $100 Is A Vital Level For XMR Bulls"
Monero‘s network will be changing drastically its consensus algorithm from CryptoNight to RandomX this October. This is an effort to remove the ASICs from the network for good. Two protocols are in development: Tari and Kovri Brave New Coin writes that at the moment there are two key XMR related protocols in development, Tari and … Continue reading "Monero News: The Consensus Algorithm Is Scheduled For October"
It’s a known fact that regulation in the crypto space is really tricky. More regulation is needed to attract more investors in the crypto space because, for instance, institutional investors would gain enhanced trust if there were more regulation in the crypto game. And we've already addressed the fact that institutional investors are an essential … Continue reading "Gate.io To Delist Major Coins Such as Monero (XMR), XRP And EOS "
Cybersecurity company Trend Micro said that they’ve just detected a web address that’s spreading a botnet featuring a Monero (XMR) mining component alongside a backdoor. This malware was addressed on Trend Micro’s official blog yesterday, June 13. Outlaw Hacking Group is behind the malware The company said that this malware comes from Outlaw Hacking Group, … Continue reading "Outlaw Hacking Group’s Botnet Spreads A Monero (XMR) Miner"
We've recently reported that Monero will be holding a conference on June 22 and 23 at Denver, Colorado. According to the Monero team, the conference is targeting all the enthusiasts of privacy who believe that this is a fundamental right. Monero is in the spotlight again, but this time it’s about its efforts to enhance … Continue reading "Monero (XMR) News: Software Pruning And I2P Features Are Added To The Blockchain"
Here’s Monero in the spotlight again and associated with illegal actions once more. Oracle's servers, under attack Security researchers have found another crypto mining malware, and this time it seems that it can install itself on enterprise application servers, and it also uses a smart trick to stay hidden. The malware has its eyes on … Continue reading "Oracle’s Servers Under Attack: Crypto Hackers Have Been Sneaking Malware To Mine Monero (XMR)"
Monero will reportedly hold a conference on June 22 and 23 at Denver, Colorado. According to the Monero team, the conference is targeting all the enthusiasts of privacy who believe that this is a fundamental right. CryptoNewsZ reported that they also highlighted that the development of privacy technology is a matter of personal safety, and … Continue reading "Monero Upcoming Conference, XMR Price Predictions"
We recently reported that India has this insane plan of banning cryptos. Indian officials have proposed that any buying, selling or mining of crypto would get offenders ten years in prison, according to their latest proposal. Banning crypto in India The proposal is entitled “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019.” The legislation … Continue reading "Binance CEO Says That India’s Plan To Ban Crypto Will Pump Monero (XMR) And ZCash (ZEC)"
Craig Wright is still in the spotlight these days, and amid all the legal issues that he’s involved. Not too long ago, Cointelegraph noted that Craig Wright “had filed a copyright registration for the original bitcoin white paper with the United States Copyright Office.” Wright's latest article on money transmitters Meanwhile, Wright wrote an article in which he’s detailing … Continue reading "Monero’s Riccardo Spagni Addresses Craig Wright’s Article On Money Transmitters"
Monero made headlines for more reasons lately, but everyone had their eyes on the coin when Reuters released a report in which the privacy-oriented coin was being analyzed. The Monero Outreach community was completely displeased with the report because “[…] the story that ‘examines the features and characteristics of some of the alternatives to bitcoin … Continue reading "Can The Monero Development Team Overcome Scalability Issues?"
Monero has recently been in the spotlight after Reuters released a report on the project. The Monero Outreach community was displeased with the way in which Reuters presented things, and they released their own blog post to explain things better and more accurate. CCN has recently reported that there might be some issues following Monero’s … Continue reading "Monero Household Mining Is Not Profitable, Says Binance – XMR Is Vulnerable To 51% Attack Following The Hard Fork"
Bitcoin has marked the very first decade of decentralization back in January by celebrating the 10th anniversary of its genesis block generation. The years have passed, and BTC managed to grab the interest and attention of retail investors, institutional investors, regulators, and even powerful government bodies all over the world as the AMBCrypto online publication … Continue reading "Bitcoin (BTC)’s Biggest Advantage Is Its Network Effect, According To Monero’s Riccardo Spagni"
Monero’s Riccardo Spagni has recently addressed a controversial subject. He talked about centralized currencies making their entrance in the crypto market and about the effects that this can have. During an exciting conversation with Shannon Grinnell on Speaking of Crypto Podcast, Spagni said that the steps that Facebook and JPMorgan Chase are taking in order … Continue reading "Monero’s Riccardo Spagni Debates Facebook And JPMorgan Launching Their Own Coins"
Bitcoin (BTC) has been obviously dominating the crypto market in terms of market cap and trading volume. But Monero, on the other hand, is the king of privacy. Bitcoin and Monero During Monero Talk’s latest live stream that has been hosted by Douglas Tuman noted the developer Jethro Grassie addressed BTC’s shortcomings and Monero. The … Continue reading "Monero (XMR) Is Reportedly Not Vulnerable To “Undetected Inflation”"
Monero has always been involved in a lot of controversies, but the coin has its advantages and amazing features regarding privacy. In order to respond to a post written by Reuters, the Monero Outreach community wrote their own post explaining all the advantages that come with using XMR. Here are the four top wallets for … Continue reading "Best Monero (XMR) Wallets To Use In 2019"
Monero's price is reportedly set to surge after the change of algorithms takes place. Monero developers are switching to the new PoW algorithm as agreed with Arweave. Developers have been trying to enable the ASIC resistance, and this was questioned as an overly centralized network. The audit reaches a funding level of $150k Cryoptonewsz says … Continue reading "Monero Price Prediction: XMR’s True Potential To Be Revealed Following The Audit Completion"
SimpleFX is an award-winning global mobile friendly trading platform. It’s now offering accounts is 22 currencies out of which 7 are cryptos. The platform just released Monero and Ethereum classic transfers. These are free of charge just like other crypto accounts. According to Bitcoinist, SimpleFX traders can deposit and withdraw money using seven different cryptocurrencies: … Continue reading "SimpleFX Just Added Monero And Ethereum Classic Accounts"
Privacy is an issue that's gaining enhanced importance in the crypto space these days. JPMorgan and Chase Co. developed a privacy feature that’s compatible with smart contracts platform. A privacy feature similar to the Monero's functionalities This new feature will be similar to Monero’s privacy, and it will hide the sender and the receiver’s details … Continue reading "JPMorgan Introduces Confidential Transactions Similar To Monero (XMR) On Ethereum With Zether (ZTH)"
Monero price predictions have been quite bullish lately, and this is also due to the fact that there's an increased interest in the privacy-oriented coin these days. Reuters and Monero Outreach debate Monero Just recently Reuters shed some light on the coin and some of its features, but the Monero Outreach community slammed their article … Continue reading "Monero Price Analysis: XMR Reportedly Targets $200"
The crypto market has been undergoing a lot of developments, and it has been marking a lot of achievements this year. Last year was a bearish one, a year in which BTC lost about 85% of its value, but experts said that this was just a healthy correction and during the past year, the market … Continue reading "BitOasis Dubai-Based Exchange Reportedly Delists Monero (XMR) And ZCash (ZEC) Without Noticing Users"
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.