The King for Thieves: Criminals Tend to Choose Monero Over Bitcoin
coinidol.com
XMR offers its users ring signatures, Kovri I2P implementation and stealth addresses, thus enabling users to obscure the origin (source) of a transaction. Despite both coins offering their users high levels of anonymity, BTC’s blockchain structure left some gaps for monetary watchdogs and other authorities to track when and where transactions have happened.
In its turn, XMR encrypts the transaction origins, locations and amounts, hence users of the token safely use it to carry out their operations under cover of digital secrecy. However, price fluctuations in the digital currency markets dismays cybercriminals from using more conventional choices such as Bitcoin, Ethereum and Ripple.
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