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Nonce Distribution Patterns Being Shown by Monero and Ethereum

According to a recent analysis, some interesting patterns are showing on the nonce distribution of both Monero and Ethereum.  The latest report from CoinMetrics states that on applying the nonce analysis to Monero when the network’s difficulty and the upcoming hard forks were overlaid, it was made clear that all three PoW updates led to a decline in difficulty. On top of this, two of the upgrades prevented the pre-existing nonce patterns but another significant factor is the introduction of the same nonce patterns that were also associated with a notable rise in the difficulty of the network. The study...

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The Monero Community Is Full of Honest People

Monero, the team behind the XMR cryptocurrency is known for its passion for privacy. Monero is a cryptocurrency project that takes the Bitcoin model one step further by providing a platform for totally anonymous cryptocurrency transactions. The entire community behind Monero is one that values privacy and thus, many people seem to think Monero investors have something to hide? Is this really the case though, or do these people simply just want to exercise their right to privacy and the protection of their own data? Earlier this month, Peter Todd, an ex-Bitcoin developer has spoken out about his views on...

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French Authorities Stamp Out Monero Mining Virus

A large Monero based mining virus has been ripping through the blockchain recently, according to reports however, police forces in France have finally been able to exterminate the virus, a virus that started in Paris, and eventually made its way to data stores of Israeli hospitals. According to Finance Magnates: “The cybercrime unit at French police has uncovered and neutralized a virus that secretly infected more than 850,000 devices worldwide to mine a cryptocurrency called Monero (XMR). Monero, as a cryptocurrency focused on privacy and anonymity, was reported as forming the preferred target for miners malware. Dubbed Retadup and originating...

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Nine Flaws Found On Monero By Developers

Not one, not two but nine security flaws have been revealed to be on Monero from developers. One of these nine bugs could actually be exploited and used to steal XMR from cryptocurrency exchanges. According to a report by HackerOne: “By mining a specially crafted block, that still passes daemon verification an attacker can create a miner transaction that appears to the wallet to include sum of XMR picked by the attacker. It is our belief that this can be exploited to steal money from exchanges,” a developer with the pseudoname “cutcoin” The developers have also found five DoS attack...

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Cryptocurrency Can Be Safer Than You Think

Believe it or not, cryptocurrency investment does not have to be risky, it doesn’t have to be dangerous and investing in crypto doesn’t mean you need to behave like you’re navigating a minefield. As a matter of fact, cryptocurrency can even be seen as an investment option that is safer than many traditional investments, such as stocks and commodities. Of course, you should remember that even when you play it fully safe, cryptocurrency investment still carries an element of risk and that ultimately, you can be left behind if you don’t watch yourself in this industry. The markets are brutal...

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