What is Monero?
Monero (XMR) Live Price:
Keeping it’s users anonymous is number one priority when using Monero. With Bitcoin, all information can be traced back through the publicly visible blockchain should any parties wish to do so. Monero uses a clever cryptographically sound system known as a ring signature. What this does is it sends each transaction through as part of a group of other transactions. At least one will be a genuine transaction, so for anyone watching or trying to trace the source, the task would be incredibly difficult given the enormously high number of possibilities.
This makes Monero appealing to those inclined to use the currency for illicit activities. Some dark net marketplaces have already started accepting Monero as it is seen by some as more private than the formerly used Bitcoin.
Recent cryptocurrency news
Nasdaq, the second largest stock-exchange in the world are looking into the possibility of using blockchain technology for storing asset ownership information. A recent patent filing released by the U.S. Patent and Trademark Office (USPTO) [...]
Since the first ever Bitcoin ATM opened it's digital doors in Vancouver, Canada back in 2013, the digital currency Bitcoin has increased significantly in both value and popularity. The price for 1 Bitcoin back in [...]
What is EtherSport? EtherSport is a new London-based sports betting initiative. What separates EtherSport from the existing sports betting platforms is that it is a decentralized sports betting platform based on blockchain technology and Ethereum [...]