There is no doubt that mining is the backbone of every cryptocurrency. Whether it is on a mobile phone, ASIC, or hardware in the Cloud, it is these computations, big or small, that make the transactions of users possible. Here is an up-to-date review of the CryptoNote mining scene.
There have been many algorithms discussed and proposed over the years in the cryptocurrency space. There are many arguments for and against each Proof-of-Work algorithm, however, we’ll discuss two most widely known of them – CryptoNight and EquiHash.
Monero, with its focus on privacy and decentralization, today is one of the ten most popular cryptocurrencies in the world by market capitalization.
Hackers have always attempted to manipulate and steal cryptocurrencies from the very beginning. It isn’t anything new and honestly is to be expected with something so novel and valuable. The really beautiful thing about blockchain technology – the easiest thing to understand about it – is that it is practically impossible to hack. Take Bitcoin […]
You may have heard that Monero (XMR) is about to undergo a “hard fork” which will produce a brand new coin, Monero V (XMV). Originally this fork was scheduled for March 14 but was postponed to the end of April for a few reasons. First of all, the Monero network is going to be updated […]
Dear miners, for your convenience, MinerGate plans to add a new coin – Monero Original. XMO will be exclusively available for mining and for merged mining starting April 6, 2018
According to the official announcement, Monero team is going to change PoW and issue a new algorithm CryptoNightV7. The main cause for the change is “to maintain ASIC resistance by swiftly reacting to any potential threat from ASICs and considering slightly modifying the PoW at every hardfork.” The Monero team is protecting XMR from the […]
CryptoNight is a proof-of-work hashing algorithm developed to suit a regular PC with CPU-based computing principles. It originates from CryptoNote protocol that requires 2 Mb per instance. A megabyte of internal memory is an almost unacceptable size for a modern ASIC pipeline, so the consensus is meant to be ASIC resistant. However, some of you […]
Privacy within the cryptocurrency ecosystem is a much sought-after feature, and no one does it better than Monero (XMR). With ever increasing government and regulatory pressure, Monero offers a privacy solution in the form of ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destination addresses of all transactions on the […]
Everything in cryptocurrencies is experimentation and learning, if you discover a coin you have to study and learn from it to know it. AEON gathers everything to become a “lifestyle” as its official website says. AEON is a private, secure, untraceable currency. You control your funds, and nobody can trace your transfers. It has the […]