Bitcoin is not as private as people might think, but multiple other assets that come with anonymity-boosting features do exist.
Monero (XMR) is a privacy-focused cryptocurrency that allows anonymous and untraceable transactions by default using various cryptographic technologies that provide strong privacy guarantees. To maintain decentralization, Monero undergoes regular protocol changes to its mining algorithm and other features every six months to avoid monopolies and cartelization.
Launched in April 2014 as a fork of BitMonero — itself a fork of Bytecoin (BCN) — Monero’s core development was driven by a group of largely pseudonymous developers led by Ricardo Spagni, also known as Fluffypony. Spagni left his role as lead maintainer of the project in December 2019 to further decentralize Monero’s core development and focus on building products and services on the protocol.
Over the years, Monero has garnered a reputation as a cryptocurrency of choice on the darknet because of its strong privacy and anonymity features that exceed most cryptocurrencies, including Bitcoin (BTC).
Privacy coins such as Monero, Dash and Zcash are beginning to show signs of life.20939
Bitcoin is facing minor resistance near $50,000 but if this psychological barrier is crossed, a major breakout could occur in select altcoins.89119
The Monero community has raised $150,000 as part of a proposal to add XMR as a payment option on the Tesla website.15087
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started.57958
The malware campaign has not been active since it was first detected in January, leading researchers to believe that it "may still be in the reconnaissance and weaponization stage."9509
The world's largest cryptocurrency asset management firm could be set to dip its toes into DeFi after filing five new coin trust registrations.20919
Bitcoin has broken its all-time high and has more than doubled in value at the peak, but why have some other coins failed to keep up?18634
Can privacy coins be better managed to satisfy both law enforcement interests and those who like the greater anonymity they provide?42969
A wrapped version of the XMR privacy coin has launched on the Ethereum network.15399
Coinbase is the latest company to go public with its concerns regarding the U.S. Treasury proposal on crypto wallets.27071
If Bitcoin seeing a minor correction or consolidation in the next few days could benefit select altcoins.43322
Bitcoin’s rally back to $19,000 could improve market sentiment and push select altcoins higher this week.22365
Ukrainian government officials are investing in cryptocurrency.7275
Declining volume and resistance at $19,500 are pinning Bitcoin price into a tightening range.15974