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
The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. NiceHash Miner v126.96.36.199 is a continuation of NiceHash Miner v1. This version is intended for experienced miners who need the fastest updates and maximum hash speed. NiceHash Miner — An advanced auto miner that supports the latest algorithms and miners. No need to view tons of configuration files, various versions of mining software, configuration settings or cryptocurrency coin market analysis. Problems for Binance as Bitcoin reaches $12,000. By Alfredo de Candia - 19 Aug 2020. Over the last few days, when the price Bitcoin (BTC) has been recording new period highs, the Binance centralized exchange has been experiencing problems, preventing access to some users. The CEO, Changpeng Zhao, has thus provided a solution to the problem. For those who experienced issue using @binance on the ... NiceHash Miner v188.8.131.52: Download and Configure for WindowsLinux x64 bit KawpowMiner v1.2.3: kawpow miner with OpenCL, CUDA and stratum support New T-REX v0.15.3: Nvidia Miner with support The KAWPOW mining New NANOMINER v1.9.1 with mining support KAWPOW (Ravencoin RVN) NiceHash Miner v184.108.40.206 (CuckaRooz29): Download CPU/GPU miner for Windows WildRig Multi v0.24.1 (AMD GPU miner): Download ... Use a mobile wallet if you want convenient access to your Bitcoin. Mobile wallets are apps available for both iPhone and Android mobile devices, such as Copay, Airbitz, or the Bread app from breadwallet. Mobile wallets tend to have simple, intuitive interfaces, so they work well if you're new to cryptocurrency and not very tech-savvy. Some mobile wallets also offer discounts and other ... A mysterious hacker has implanted a virus in mining machines for bitcoin ransom or inducing more to get infected, according to a report by local crypto media Yibenchain. hAnt – hacking Antminer Citing a bitcoin miner under the pseudonym cC, on the evening of Jan 5, his miners management interface suddenly turned green with an ant in the middle and mining pickaxes on both sides. 3. Notable Mining Hardware Companies Bitmain Technologies. The most well-known mining hardware manufacturer around, Bitmain was founded in 2013 in China and today has offices in several countries around the world. The company developed the Antminer, a series of ASIC miners dedicated to mining cryptocurrencies such as Bitcoin, Litecoin, and Dash. The Best Bitcoin mining Software, try it Now! Depending on the difficulty of mining the block and the value to be deciphered, your profit may change, however, on average our users with the key of the Silver plan, with 3 uses in a day, have been able to generate between 0.15 BTC and 0.32 BTC, which is profitable if you compare it with the investment of the Mining key. According to Chain news, a crypto news outlet, the recent fall in Bitcoin’s price to sub-$6,000 USD level, could be caused by one huge BTC whale miner. Just before the crash, a whale miner transferred over 1000 BTC (approx. $8 million USD) on Mar. 11 to over 55 exchanges including Coinbase, Kraken, OKEx, and Binance. More recently the virus has been affecting the bitcoin industry because a large number of businesses and mining operations stem from China. At the end of January, Microbt announced that miner ...
[index]          
Subscribe to my channel for more videos showing how to create passive income with Cryptocurrency. Start buying Bitcoin now with a FREE account by clicking he... Join Binance Exchange Here! https://www.binance.com/?ref=13795076 Mine Bitcoin and other Cryptocurrencies DAILY with HashFlare! https://hashflare.io/r/AC41A081 Mine Bitcoin On Your Computer For Free: https://honeyminer.com/referred/58xpg-----Open An Account With Binance! Der Bitcoin Absturz: Marktlage, Stimmung, Miner-Kapitulation, Hashrate , China & Co. In unserem heutigen Special widmen wir uns ausnahmsweise der aktuellen Marktlage, schauen auf Indikatoren, News ... #Bitcoin classic BART pattern emerges as the price briefly crosses $10k and is immediately rejected! Was this manipulation? Shocking data from $BTC miners sh... #best bitcoin miner software 2020 #best bitcoin mining app 2020 #bitcoin mining android 2020 #telegram bitcoin mining bot 2020 #best bitcoin miner 2020 #best bitcoin miner hardware 2020 #bitcoin ... Jeff Bezos about Bitcoin Market, Investments and Much more Amazon US 17,724 watching Live now Noticias Telemundo, 29 de marzo 2020 Noticias Telemundo - Duration: 21:44. BINANCE gives a whopping 1.5 million dollars to help with the CoronaVirus that is sweeping through China. Bitcoin BTC price predictions from us NEVER touching $7,000 again to $425,000 by 2021. 🛑BITCOIN BINANCE Greatest 10 000 BTC Air Drop🛑 #btc #bitcoin BTC Binance US 3,178 watching Live now How to change your "Email Address (Primary Email)" in Facebook 2015 - Duration: 5:55. binance how to trade on binance bitcoin for dummies bitcoin 101 cryptocurrency how cryptocurrency works what is cryptocurrency mining cryptocurrency meaning cryptocurrency charts cryptocurrency ...