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Monero (/ m ə ˈ n ɛr oʊ /; Abbreviation: XMR) is a cryptocurrency which uses a blockchain with privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading Monero, transaction amounts, address balances, or transaction histories.
The Zealot Campaign is a cryptocurrency mining malware collected from a series of stolen National Security Agency (NSA) exploits, released by the Shadow Brokers group on both Windows and Linux machines to mine cryptocurrency, specifically Monero.
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A "share" is awarded to members of the mining pool who present a valid partial proof ...
Cryptojacking is the act of exploiting a computer to mine cryptocurrencies, often through websites, [1] [2] [3] against the user's will or while the user is unaware. [4] One notable piece of software used for cryptojacking was Coinhive, which was used in over two-thirds of cryptojacks before its March 2019 shutdown. [5]
Litecoin (Abbreviation: LTC; sign: Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011.
Solutions such as ZCash and Monero ― known as privacy coins [41] ― are examples of cryptocurrencies that provide unlinkable anonymity via proofs and/or obfuscation of information (ring signatures). [42] While not suitable for large-scale crimes, privacy coins like Monero are suitable for laundering money made through small-scale crimes. [43]
UTXOs constitute a chain of ownership depicted as a series of digital signatures dating back to the coin's inception, regardless of whether the coin was minted via mining, staking, or another procedure determined by the cryptocurrency protocol. [2] Prominent examples of cryptocurrencies adopting the UTXO model include Bitcoin and Cardano ...