Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs

Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTsThe last 12 months have been tough on digital currency investors as the crypto winter has caused a large sum of value to leave the once-bustling economy. The privacy coin economy, for instance, shed more than 55% against the U.S. dollar as it dropped from $11.7 billion in Jan. 2022 to the current $5.22 billion. […]

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The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week

The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This WeekThe privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%. Privacy Coins Manage to Stave off Some of This Week’s Market Carnage, […]

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Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade

Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof UpgradeAccording to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The […]

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Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks

The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset has gained more than 21%. Monero Sees Double-Digit Gains Amid Mining Malware […]

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4 Privacy Coins See Double-Digit Gains, Stats Show Monero Jumped 58% Higher Over 30 Days

While bitcoin and a slew of other crypto assets have seen significant gains during the last month, a number of privacy-centric crypto assets have jumped in value as well. Monero has gained 19.4% over the last week, the token horizen jumped 6.8%, and zcash has spiked over 7% during the last seven days. Privacy-Centric Coins […]

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Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments OnlyThe prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White […]

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Ciphertrace Allegedly Builds Monero-Tracing Tools, XMR Proponents Disagree

Ciphertace Allegedly Builds Monero-Tracing Tools, XMR Proponents DisagreeThe blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U.S. Department of Homeland Security (DHS) in order to track illicit monero transactions. Despite the firm’s claims, there is zero evidence provided that prove the company […]

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Top 4 Reasons why Monero’s CLSAG is a Pretty big Deal

TheMerkle Monero Multisignature SupportA lot of improvements can be made when it comes to the current cryptocurrency projects on the market. Every single project is far from as streamlined as it could be. For Monero, there are new development son the horizon which might help reduce transaction sizes and fees even further. Known as CLSAG, the idea currently exists in the form of a paper which has not been peer-reviewed as of yet. Compact Linkable Spontaneous Anonymous Group Signatures Although the full name of this proposal is quite the mouthful, it will be referred to as CLSAG. This is a new proposal submitted

The post Top 4 Reasons why Monero’s CLSAG is a Pretty big Deal appeared first on The Merkle Hash.

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Developer Paul Sztorc Launches the First Version of Drivechain

Developer Paul Sztorc Launches the First Version of DrivechainOn September 24, the director of research at Tierion and the bitcoin developer Paul Sztorc announced the launch of the first Drivechain release. The Drivechain protocol is an alternative to the sidechain concept because it enables multiple blockchain compatibility but the system utilizes the same 21 million bitcoins. Also read: Speculators and Investors Hodl, Venezuelans […]

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The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital Assets

The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital AssetsAfter delving into the world of cryptocurrencies one can see that good majority of digital asset proponents are big fans of privacy and anonymity. Just recently a spreadsheet document was published that lists the top privacy-centric coins and the various differences between them. The paper called “Privacy Coin Matrix,” allows enthusiasts to see a comprehensive […]

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