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Why using open-source and GPU approaches is making Monero a smart second-mover in cryptocurrency forest? The First One gets the Oyster. The Second One gets the Shell. ORPioneers get Arrows. Settlers get the Land. Yes, like everything in life there are two ways to look at anything. Being the first one in any space endows that brave soldier with a quiver of advantages and that much-craved thing called eponymous-brand-weight. Bitcoin is synonymous to cryptocurrency for the average layman. That counts. But it can also mean a lot of arrows on the first person’s body. Bitcoin did not change the way we think about money and speed of transactions. It capsized it. It came as a seismic force that totally, and unrecognizably, upended ... Read more about " Monero: Not THE Earliest Bird, and still getting the worm " on coinatory.com

Monero, one of the most popular cryptocurrencies among criminals is mined using malicious mining programs. A study by Universidad Carlos III de Madrid and King’s College London says that hackers were able to mine 4.32% of Monero out of the total amount of cryptocurrency in circulation using malware. Researchers Sergio Pastrana and Guillermo Suarez-Tangil stated: Overall, we estimate there are at least 2,218 active campaigns that have accumulated about 720K XMR (57M USD). Interestingly, just a single campaign (C#623) has mined more than 163K XMR (18M USD), which accounts for about 23% of the total estimated. This campaign is still active at the time of writing ... However, it remains unknown what proportion of hackers who ... Read more about " Almost 5% of Monero coins hackers mined with malware " on coinatory.com

In a recent interview, the developer of Litecoin noted that one of the most interesting cryptocurrencies for him is Monero (XMR). Monero (XMR): an interesting project Lee has been and remains a fairly influential character in the development of many blockchain projects. In addition to developing Litecoin (LTC), he is developing the SegWit, Lightning Network, Atomic Swaps protocol, and also periodically helps projects identify and close vulnerabilities. He commented on the situation, saying that the most interesting project for him was ... Read more about " Charlie Lee is interested in Monero " on coinatory.com

Malwarebytes experts believe that the ransomware became the favourite method of crypto hackers once again, although in the recent past they preferred crypto jacking. Experts believe that the reason for the change of tactics was a prolonged decline in the cryptocurrency market, as well as new measures to protect against hidden mining. Yet another reason for that might be The Monero Malware Response, initiated by Monero community as this coin was mostly used in crypto jacking because it makes hackers almost impossible to find. Fbot might ... Read more about " Disappointed by crypto jacking, hackers returned to ransomware " on coinatory.com

October 18th is the date for Monero update. The update is planned and happens twice a year for this coin. What to expect from the leading privacy coin from the top 10 cryptocurrencies? Increasing privacy! Pointing out the new upcoming features: enabling Bulletproofs to cut transaction size, verification time, and fees by approximately 80%; mandatory ringsize of 11 (as another privacy improvement) new PoW (Proof-of-Work) algorithm as another step in ASIC resistance, started by the previous update - Lithium Luna Check the ... Read more about " Monero: 0.13.0 "Beryllium Bullet" Release " on coinatory.com

According to the US Drug Enforcement Administration, in 2013, 90% of all bitcoin use cases were tied to criminal activity, whereas now 90% are accounted for legal financial transactions. Only in 10% of cases, we are talking about illegal activities. Such statistics were shared with Forbes by an employee of the US Drug Enforcement Administration, Lilita Infant. Just a few people in the world are better aware of this issue than she is. The team, which includes Infant, specializes in investigating crimes in the cybersphere, in particular ... Read more about " Shares of criminal and legal use of bitcoin swapped places " on coinatory.com

Monero developers announced the creation of a working group aimed at combating hidden mining and malware - Malware Response Workgroup. As part of the initiative, a website has been launched to inform users about how they can clean their devices from hidden miners and ransomware, and protect their computers from getting infected by such programs. Easy mining and anonymity of Monero are distinctive characteristics of this coin. However, these features attract not only investors but also intruders who mine XMR with the help of special ... Read more about " The Monero Malware Response " on coinatory.com

Here goes another chapter of ASIC wars. This time, Sia is under attack and is striking back with the v1.3.6 hardfork. This hardfork will reset Sia"s Proof-of-Work function. This will make ASICs by Bitmain and Innosilicon useless. The whole story started with the Bitmain that announced their ASIC miner for Sia network just 10 days before shipping. That was the announcement that almost caused the civil war in Sia community. Why? In June 2017, we announced that Sia would be pursuing ASICs, and that Nebulous (parent company of Sia) would be sp ... Read more about " Sia: ASIC wars, bricking the Bitmain and Innosilicon ASICs " on coinatory.com

The study showed that the Monero transactions, despite their intricacies, cannot be called completely anonymous. The specialists managed to establish the regularity by which data about addresses and the sum of coins are mixed. Since Monero declares to be completely secure, private and untraceable, this statement is being continuously challenged. It"s always been a race between hackers and developers. This time a bug was found in their network. Such news was reported by the users themselves. In response, the development team quickly ... Read more about " Monero: new challenges " on coinatory.com

Ethereum Creator, Vitalik Buterin shared his thoughts on which of the blockchain systems of the system is the most promising in his opinion. In a new video on Zcash YouTube channel, Buterin explained why he is against blockchains with a single decision-making body, such as EOS, where users select representatives who provide the functioning of the network. A couple of years ago, I would most likely have supported Tezos-EOS, who believe that the blockchain needs to be managed. But now? I"m totally against it, I think it"s a crazy ... Read more about " Vitalik Buterin about EOS, Bitcoin, Monero, Zcash and Ethereum " on coinatory.com

Often we have to choose, protect personal data or exchange them for a service, and it seems that this is the natural state of things - nothing like that. Technologies are developing, and, perhaps, with the help of the blockchain, we will be able to immediately get everything: both control over our data, and the opportunity to see and do what we want, while remaining safe. Here are six crypto projects that try to bring such a future closer - free from Big Brother. 1. Promether This is a real enemy of the Big Brother in the face of state ... Read more about " 6 cryptocurrencies, which entered the fight with the Big Brother " on coinatory.com

The largest mining pool of BTC.com will soon add support for Ethereum and Ethereum Classic. In the near future, the BTC.com Mining Pool, owned by the Chinese company Bitmain, intends to offer its users the opportunity to mine two cryptocurrencies: Ethereum and Ethereum Classic. Miners will be able to switch their capacities from one currency to another, depending on the situation on the market. As stated in the press release of the company, this step is aimed at helping the Ethereum network in the scalability of the infrastructure for ... Read more about " The largest bitcoin-pool BTC.com will mine Ethereum and Ethereum Classic " on coinatory.com

The Ethereum Classic (ETC) has recently grown by as much as 19%, thanks to the Coinbase crypto exchange in San Francisco, which announced the inclusion of a coin in its Coinbase Consumer program and placing it on the list. Thus, users and customers of crypto exchanges will soon be able to purchase a coin both on the official site of the crypto exchange and in its mobile application. It is reported that the launch of the coin on sale will be available later, August 16. According to CryptoGlobe, Coinbase previously reported its intentions to ... Read more about " The recent story with Ethereum Classic " on coinatory.com

Bittrex, one of the leading crypto exchanges, announced that starting from August 20, Ethereum Classic (ETC) and Ripple (XRP) will start trading on its platform in pairs with the US dollar. https://twitter.com/BittrexExchange/status/1027217710860722182 Bittrex states that the reason for adding XRP / USD and ETC / USD trading pairs to their platform is the desire to allow their customers to buy crypto with USD directly. Also, the site reported that the introduction of dollar pairs is a step towards the adoption of blockchain ... Read more about " Bittrex: ETC and XRP to fiat USD trading. Analysis " on coinatory.com

Multicurrency Mobi wallet from the BTCC company added support for Monero. https://twitter.com/BTCCmobi/status/1023840891637661696 Mobi also supports bitcoin, Ethereum, Litecoin and Bitcoin Cash. In addition, coins with lower capitalization are available to users of the wallet: Populous, WaltonChain, Loopring, Golem and Basic Attention Token. Earlier, XMR Protocol announced the successful completion of an external security audit. In early June, the Waves platform opened a payment gateway for Monero cryptocurrency into the Waves ... Read more about " Mobi wallet supports Monero " on coinatory.com

Crypto exchange Bitbay reported in its tweet that two anonymous coins, Monero and ZCash, are now available for trading on the site. Trading pairs are presented in the following form: XMR / BTC, XMR / PLN, XMR / EUR, XMR / USD, ZEC / BTC, ZEC / PLN, ZEC / EUR, ZEC / USD https://twitter.com/BitBay/status/1014160528963448832 BitBay appeared in 2014 and was created for professional trading bitcoin and litecoin on the Polish market. Monero is now the 13th in the Coinmarketcap rating. At the beginning of the week, the coin was traded at a ... Read more about " Bitbay added Monero and ZCash " on coinatory.com

Program for Mining cryptocurrency, FinMiner from Nanopool showed the highest performance on the algorithm Ethash on Linux among competitors. Developers were able to optimize the algorithm of calculations in an original way. Due to the increase in productivity FinMiner will bring users more profit. It should be noted, FinMiner is a software for the mining of digital currencies on Nvidia video cards. The main differences of the program: high stability of operation and a simple configuration file, which even a novice can cope with. For ... Read more about " FinMiner became the fastest mining program on Linux " on coinatory.com

The cryptocurrency market has largely been dominated by Bitcoin, because of its popularity and exponential rise in 2017 that made even crypto atheists join the market. However, despite Bitcoin’s high market value a lot of investors have found out that trading less popular coins like Monero (XRM) yields more profit over time. Also, the fact that the price of such cryptos is still low leaves open the opportunity of an exponential rise as trading volumes increase. Monero like other coins is a decentralized cryptocurrency, but with unique f ... Read more about " Monero (XRM) - The Privacy Coin " on coinatory.com

Since May 29, the total market capitalization has already grown by 15.2%. The growth trend is set. We keep the idea that for most assets priority should be given to long positions. For the last 7 trading days, only TRON had a loss of 14% among the leading ones. The rest in positive territory from 3.5% (ETH) to 33.5% (IOTA). Since the beginning of the trading day, all top ten currencies have traded with a positive of 1% (BTC and IOTA) to 13.8% (EOS). BTCUSD For yesterday, the trades were moderately optimistic - there was no correction ... Read more about " Trading ideas of June 3, 2018 - BTC, ETH, EOS, ZEC, XMR " on coinatory.com