Tag: monero

Monero – XMR Price (XMR/USD) – Current price chart and description

XMR exchange rate chart XMR price in the chart is reported in USD (XMR to USD) The graph reflects the situation on Bittrex. What is Monero? Monero (XMR) is a privacy-focused cryptocurrency created in April 2014 as a fork of Bytecoin. A high level of anonymity is guaranteed for all XRM transactions, which has made Monero an appealing choice for many. Monero uses the same proof-of-work algorithm as Bitcoin and can be mined. How Monero works Monero is more anonymous compared to Bitcoin. For example, when you receive Bitcoin at your public address, anyone can see the amount you...

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Dowbit’s cryptocurrency choices for 2018

Last year the cryptocurrency market grew exponentially, and nothing is stopping it. Careful, patient investors made huge profits and supported great projects. As 2018 starts, we would like to leave a list of some projects that are definitely worth keeping an eye on. Since Bitcoin is on everyone’s radar, we’ve only compiled a list of altcoins. As always, it’s up to you to research deeply about any project before investing in it, and that goes for the ones on this list too! Do your research and never invest more than you can afford to lose. Ethereum The Ethereum project...

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Opera browser will include built-in anti-mining feature

Bitcoin, as well as other cryptocurrency mining, requires huge computing power. As the incentive to mine increases, mechanisms and services have started to emerge which harness large numbers of weaker devices to work. One method is to embed scripts on some websites. The Opera browser intends to implement measures against clandestine cryptocurrency mining. At the beginning of October it emerged that popular torrent service, PirateBay used scripts to mine Monero. Using the computational power of website visitors to mine became an alternative to displaying ads. Not surprisingly, users were not happy when they found out. In addition to the...

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Edward Snowden: Zcash most interesting Bitcoin alternative

Famous whistleblower and former CIA employee Edward Snowden values privacy above all. This is why when speaking about cryptocurrencies, Snowden is especially interested in those that are anonymous. Snowden believes that Zcash is as close as it gets to a truly private cryptocurrency, with zero-knowledge proofs being the future of trading. “I’m with Vitalik Buterin. Zcash’s privacy tech makes it the most interesting Bitcoin alternative. Bitcoin is great, but if it’s not private, it’s not safe.” Zcash endorsements It seems that people are starting to rally behind Zcash. Snowden’s support comes after John McAfee endorsed Zcash as well, together...

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McAfee Nods to Monero, Other Anonymous Cryptos

John McAfee is one of the most interesting figures in the world of cryptocurrency. His famous Bitcoin bet is well known in the cryptocommunity. Recently however, McAfee decided to share his opinion on some of the most progressive digital currencies. ANONYMOUS ABOVE ALL! McAfee announced that his Twitter was flooded with questions about cryptocurrency recommendations. If people had done a little research, they would have realized the future is in anonymous transactions. According to McAffee, Monero, Verge, and Zcash are the most promising. These coins, he says, cannot lose. I am inundated by people asking me for recommendations on cryptocurrencies. If...

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