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
Bitcoin Core stores the blockchain metadata using Google’s LevelDB database. ... is not a unique identifier, since the same “height” can identify several blocks during a fork. The Genesis Block. The first block or “block zero” is called genesis block. Each node starts with the blockchain or at least one block and then it’s encoded in the client so it can’t be altered (it’s the ... If you are boarding the bitcoin train now, you are probably looking to setup a Bitcoin wallet. Here you will learn all the options you have. Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. Buying crypto like Bitcoin and Ether is as easy as verifying your identity, adding a payment and clicking "Buy". Sign up for our Wallet today. Create Wallet. Trade Crypto at the Exchange. Integrated with the Blockchain Wallet, our Exchange is a one-stop shop where you can deposit funds and place trades seamlessly in minutes. Get Started . Dive Deeper. Buy Crypto. Bitcoin $ USD. Your Email ... Binance, the world’s largest crypto trading platform, has recently aided UK authorities to identify and arrest a Bulgarian criminal. A Bulgarian Phisher . The cryptocurrency industry has attracted plenty of criminals over the past few years. Most of these individuals see Bitcoin and select altcoins as viable tools to launder money. Thankfully, it seems exchanges and other service providers ... Nutzer sollen darüber eine dezentrale Identität – decentralized identifier (DID) – ausgestellt bekommen, die sie anstelle von Benutzernamen oder E-Mailadressen nutzen können. Gemeinsam mit der Decentralized Identity Foundation soll das Identitätsnetzwerk ohne Token, Nodes oder Konsens-Mechanismen auskommen. Schließlich bieten derartige Eigenschaften schon die Bitcoin Blockchain. Eine ... Bitcoin Address Lookup / Checker / Block Explorer Track who's who in the world of Bitcoin with a powerful Bitcoin Block Explorer Check a bitcoin wallet balance Find a bitcoin address owner Bitcoin Wallet Transaction Alerts notify you by email when a bitcoin address has activity on the blockchain View, monitor and search bitcoin ownership and wallet balance by name, bitcoin address, email ... The Bitcoin stock symbol is not as straightforward a concept as you would expect. So here's a list of every investment with some type of Bitcoin stock symbol. Markets: DJIA --66.77 0.24%. NASDAQ ... Cryptocurrency price alerts, watchlist & portfolio tracking app for Bitcoin, Ethereum, and other 3500+ crypto coins and tokens. A bitcoin address is simply an identifier that allows people in the blockchain network to send bitcoins to one another. It is like an account that you use to receive funds. Addresses serve the purpose of identifying who owns a particular BTC amount. A bitcoin address has at most 35 characters, and it always starts with either a 1 or 3. It looks something like this ...
[index]          
Using Mathematics of 7th Grade level (SETS), can also easily show why and how changed protocol (rule-set) in BTC is no longer be the real Bitcoin. EVERYONE should be able to understand this, if ... Steve Wozniak interview: Blockchain technology, AI, Crypto, Bitcoin BTC Halving 2020 Steve Wozniak Live 9,852 watching Live now Paper 2- Strategic Financial Management - Final (Morning Session ... Bitcoin 2019: In Review: Protocol Improvement Outlooks by Bitcoin Magazine. 27:58. Play next; Play now; Bitcoin 2019: Scaling to the Masses by Bitcoin Magazine. 32:05. Play next; Play now; Bitcoin ... As of May 2018, daily transaction numbers for Bitcoin Cash are about one-tenth of those of bitcoin. By November 2017 the value of Bitcoin Cash, which had been as high as $900, had fallen to around ... Bitcoin Security, Sustainability & Locked-In protocol is practically achieved by Economics - Duration: 10:43. -ED- Independent Bitcoin BSV Channel 320 views 10:43 Heute geht es um den ICO Medicalchain. Der sich mit einer Blockchain für medizinische Daten beschäftigt. Binance hier nutzen/kaufen: https://www.binance.com/... In our latest video we are taking a deeper look into the next big thing in crypto being Security Tokens and today is time to place Security Token Exchanges under the microscope. And it is not ...