Litecoin Became 2nd Most Popular Dark Web Coin

According to Recorded Future research, nearly 30% of dark web transactions are paid using LTC
09 February 2018   397

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

Bitfinex to support the Onward EOS Mainnet Token Swap

EOS.io, blockchain set to enable vertical and horizontal scaling of decentralized apps, gains support from a full-function trading platform Bitfinex
19 April 2018   148

The promotion is necessary for major digital assets and cryptocurrencies, including Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO, Monero and many more. Bitfinex suggests margin trading via a peer-to-peer funding market, that lets users to trade safely with up to 3.3x leverage. Bitfinex statement supporting the upcoming EOS MainNet Token is impacted by the psychology of the cryptocurrency- world’s investors and Block.one, the founder of the technology has spoken a great deal about how EOS will change the world.

With the release of EOS.IO, everything will be better, faster and cheaper, everything will be more connected, everything will be more trustworthy, everything will be more secure, everything that exists is no longer going to exist in the way it does today, everything in this world is about to get better.
Brock Pierce, partner, Block.one

Block.one has confirmed this statement by the credibility of their CTO, Daniel Larimer, who has previously established and deployed two of the most used decentralized applications to date. the developer worked on the Bitcoin technology in the initial stages and did not think it would perform adequately. Daniel developed a extensible highly efficient Blockchain architecture, now widely known as Delegated Proof of Stake [DPOS]; today DPOS operates the majority of all blockchain transactions globally.

Bitfinex aid for the EOS MainNet token would promote the following advantages to the exchange – As EOS transitions from Ethereum to its MainNet chain, it will let  them to manage all technical demands related to the swap to guarantee a smooth token registration process for all users storing EOS on Bitfinex.

Bitfinex EOS MainNet Token Swap is stated to take place in June (more details will be  accessible at the start of June).