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
How To Start With Iuxmarket Forex. To Start Trading With Iuxmarket Forex Indian Residents First Have To Sign Up For An Account By Following The Steps Below.. Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Iuxmarket Forex Website.. Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password. Russia has been quite stern on Bitcoin use right from the start and unqualified crypto purchase or illegal Bitcoin possession was dealt with very strictly. The raid on the Binance office and ongoing crackdown on cryptocurrencies in China has had negative implications for the market. Bitcoin is down over 6% to $7,591 USD, while leading altcoin Ethereum (ETH) has lost over 8% in the last 24 hours. Altcoins such as Litecoin (LTC) and EOS are taking a hammering, with over 9% losses, while Binance’s ... You're reading Part II, which covers the CryptoNote protocol and Monero. Part I introduced the concept of anonymous transactions, methods for deanonymizing Bitcoin transactions, and techniques to enhance Bitcoin privacy. Part III covers zero-knowledge proofs and Zcash.. How the Monero movement began. Much like Bitcoin, CryptoNote protocol was proposed by an enigmatic author with the pseudo ... This series introduces the concept of anonymous transactions, methods of deanonymizing Bitcoin transactions, and techniques to enhance Bitcoin privacy. Part I is an introduction. Parts II and III discuss specific implementations of anonymous cryptocurrencies. Part II will cover the CryptoNote protocol and Monero, and Part III will focus on zero ... The Massachusetts-based enterprise, Voatz, the blockchain US election app security risks, has recently been unearthed and garnering heat from all sides.
[index]          
Learn the basics of Bitcoin Trading in Philippines for beginners. In this video I will show how to Buy and Sell or Trade btc to other altcoins. I will also s... BINANCE KYC EXTORTION, Hack explained 😳 Gold, Bitcoin, Stocks - Programmer explains Ivan on Tech. Loading... Unsubscribe from Ivan on Tech? Cancel Unsubscribe. Working... Subscribe Subscribed ... Bitcoin Technical Analysis & Bitcoin News Today: Binance will launch Bitcoin leverage trading. This mean that Binance will compete with BitMEX and Bybit. Also, I'll use technical analysis on the ... How to buy and sell Cryptocurrencys on Binance. BitCoin and Ripple Binance https://goo.gl/AzWFhh Once you buy or sell $100 of digital currency or more will g... In today's video, we take a look at the binance expected acquisition of coinmarketcap and whether or not this is good for crypto. If you would like to be highlighted on my channel please reach out ... Bitcoin Stock To Flow On Track, Bitcoin Mining Spike, Kraken Expansion & Bitcoin Auction The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... In this video, we will show you how to fund a Binance account so that you can trade and invest in up-and-coming cryptocurrency projects that are not available for trading on the larger fiat ... 🚨 MEGA BITCOIN BLUEPRINT SALE 🚨 https://www.btcblueprint.com 🔥 Up To $600 Discount - Limited Time 🔥 🔲 My Top 3 Recommended Exchanges 🔵 Phemex http ... Get an additional $10 in Bitcoins from Coinbase when purchasing through my referral link http://fredyen.com/get/Bitcoins Here is a quick beginner's guide on ... W dzisiejszym odcinku pokażę Wam w jaki sposób korzystać z mechanizmów ochrony kapitału takich jak stop loss oraz take profit na giełdzie Binance. GIEŁDA KRY...