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Tag: Monero News

Cryptocurrencies Need A ZeroNet “Zite”: Starting with Monero, Here’s Why

Category: Altcoins, Bitcoin, News, Tech

Cryptocurrencies Need A ZeroNet “Zite”: Starting with Monero, Here’s Why

In the past month, several social media platforms took a harsh stand against cryptocurrencies and placed indefinite bans on cryptocurrency advertisements, effectively cutting any chance of relevant information reaching out to the world. However, the future of decentralized assets may lie in a similar decentralized platform; ZeroNet. Global Crackdown On Cryptocurrencies and ICOs In 2018, several countries and financial institutions…

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Prior To Fork, ASICs Were Accounting For Majority of Monero’s Hashrate

Category: Altcoins, Blockchain, Commentary, News

Prior To Fork, ASICs Were Accounting For Majority of Monero’s Hashrate

A few days ago, BTCManager ran a story on the Monero hard fork and how it might show if the blockchain had been secretly hijacked by ASIC miners. Suspicions over the way in which hashrate of the Monero blockchain had increased dramatically toward the end of 2017 when there was a general boom in the market led to speculation that…

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Monero’s Scheduled Upgrade to Soon Reveal the Extent of ‘Secretive’ ASIC Mining

Category: Altcoins, Blockchain, News, Tech

Monero’s Scheduled Upgrade to Soon Reveal the Extent of ‘Secretive’ ASIC Mining

On April 6, Monero conducted its bi-annual scheduled upgrade, or hard fork, to increase the minimum ring size and alter the Proof of Work to nullify Bitmain’s ASIC miners. As for the success of the move, the next ten days or so will inform us of the effectiveness of the controversial decision by the Monero developers to stamp out ASICs,…

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That Old Chesnut: Monero Steams Ahead Despite ‘Broken Privacy’ Allegations

Category: Altcoins, Blockchain, Commentary, News

That Old Chesnut: Monero Steams Ahead Despite ‘Broken Privacy’ Allegations

Cryptocurrencies had been originally launched with the vision of being decentralized, digital and anonymous replacements of fiat currency. However, when the veil of anonymity was lifted from Bitcoin’s blockchain, it was widely speculated that Monero would be leading the industry regarding privacy. The Monero development team were so confident about that, in fact, that they claimed it was near impossible…

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The Fiery ASIC Debate Engulfs the Bitcoin and Monero Communities

Category: Altcoins, Bitcoin, Blockchain, Mining, News, Tech

The Fiery ASIC Debate Engulfs the Bitcoin and Monero Communities

Changing the algorithm of many major cryptocurrencies is on the menu! As concerns about miner centralization begin to intensify, a few cryptocurrency communities are considering a change in the underlying algorithm to kill ASICs, specialized hardware machines that improve the efficiency of mining. Monero will conduct a Proof of Work (PoW) change in the upcoming April 6 release, Lithium Luna,…

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New DDoS Attack Delivers an Extra Payload: A Cryptocurrency Ransom Note

Category: Altcoins, Commentary, News, Tech

New DDoS Attack Delivers an Extra Payload: A Cryptocurrency Ransom Note

There are two sides to every coin. While cryptocurrencies are changing lives for the better, cyberpunks are also using these revolutionary technologies to carry out inventive cyberattacks. Heartless Hackers The distributed-denial-of-service (DDoS) attack is quite annoying and at the same time heartbreaking. While there have been countless cases of cyberattacks to date, one of the most notable DDoS attacks remains…

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Is In-Browser Mining a Good or Bad Use Case for Cryptocurrency?

Category: Altcoins, Bitcoin, Mining, News, Tech

Is In-Browser Mining a Good or Bad Use Case for Cryptocurrency?

You may not even know it, but the chances are that one of the websites you visited today using a browser may have used your phone or laptop to mine cryptocurrency. Mining of cryptocurrencies is not something that is new, even if the majority may not know how it is done or even heard about it. Every cryptocurrency uses blockchain…

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MoneroV: A Trap Laid for Monero Users?

Category: Altcoins, Blockchain, Commentary, News

MoneroV: A Trap Laid for Monero Users?

Fork mania has arrived for the blockchain network Monero. There are plans to fork and provide an airdrop for holders of the altcoin during early March, dubbed MoneroV. The cash grab could be a way to uncover the individual identities of those who use Monero if they fall into the trap. Here, we outline the facts about MoneroV (XMV) and…

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Darknet Market Dream To Accept Monero As Payment Method

Category: Altcoins, Business, News

Darknet Market Dream To Accept Monero As Payment Method

Adding tenability to the emerging cryptocurrency, the largest darknet market in operation, Dream, has started accepting payment with monero. According to a thread on Reddit, the Dream darknet market enables an option for sellers to accept the payment in privacy coin monero. It is an additional payment method next to bitcoin and bitcoin cash. Untraceable cryptocoin, Monero (XMR) is 13th…

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New iOS Monero Wallets Evokes Community’s Suggestions

Category: Altcoins, News, Tech

New iOS Monero Wallets Evokes Community’s Suggestions

Cakewallet is a new iOS Wallet for monero which is trying to make this privacy-centered digital currency more user-friendly. However, the Monero community were reluctant to embrace it, as the wallet was not intially open source, with enthusiasts pointing out this should be the minimum requirement. The developer has since taken on the community’s feedback. Cakewallet Concedes to Community Demands…

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