itecoin accounts for about 30% of transactions related to illegal activities, the specialists of Recorded Future found out. The reasons for popularity was the availability of Litecoin for purchase and sale in most exchangers and the ability to store it on hardware purses.
Recorded Future conducted an extensive analysis on 150 of the most prominent message boards, marketplaces, and illicit services, which unexpectedly revealed that Litecoin is surpassing other cryptocurrencies in preference, and is currently the second most dominant coin on the dark web after Bitcoin.
Recorded Future Team
The most popular is lightcoin in the Russian segment of darknet, while in the English-speaking segment the Monero coin was more popular.
Bitcoin remains the gold standard in the dark web, with all vendors accepting it as a payment, and Litecoin emerged as the second most popular currency, with 30 percent of all vendors who implemented alternative payment methods willing to accept it. Dash is closely trailing Litecoin with 20 percent of the market. Unexpectedly, Bitcoin Cash was the third most common cryptocurrency with 13 percent of vendors trusting it as a payment method.
Recorded Future Team
Researchers concluded that Litecoin and Dash will take their place next to Bitcoin as the everyday payment currencies of the dark web
