Due to its anonymous features and technology, Monero is the first alternative cryptocurrency to get a place next to Bitcoin in the dark market scene. Since then, Monero has reached new heights in price, volume and network hashrate, meaning that, now more than ever, people are mining Monero and making use of its privacy features. The price has grown 8 times in less than 3 weeks and the global hashrate grew by 50%, which shows the influence that deepweb markets have in the cryptocurrency space and that they were ecensial for Bitcoin’s growth. Trade volume for Monero even surpassed Bitcoin on several ocasions during these past weeks.
Despite being chosen as the new currency of the deep web, using Monero alone may not be enough to stay anonymous, and its misuse may have disastorous consequences for its new user base, that now includes deepweb dealers and clients. That is why it’s important to keep up with updates and changes like the upcoming fork that is scheduled for the 21st of September. This hardfork means that Monero will switch from v2 blocks to v3, a change that will enforce coinbase transactions to be split in denominations to prevent unmixable
Read more ... source: DeepDotWeb
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