Coin for Dark Web: Still Not Bitcoin

How Bitcoin's problems "cleanse" him of crime.

According to research Recorded Future, the results of which we quoted earlier, Litecoin may be the next after Bitcoin coin, which will become the main means of payment in Deep Web.

Today Express quotes the representative of Recorded Future Andrei Barisevich, why Bitcoin does not like criminals anymore:

"The Bitcoin network was completely unprepared for the incredible growth that we have seen over the last couple of years. Bitcoin (transferred) instantly, you sent a payment, and the person received it within the next five seconds.

However, when the incredible growth occurred last year, the transaction speed became incredible (low), that is, you can send money to someone, and it may take more than 24 hours to receive and process the payment.

Imagine if you are dealing with a dark web, and you need to buy stolen information from someone. You need to make a payment almost instantly, because among the criminals there is no trust. Every sale, every purchase is a risky business.

If you tell someone that I will send you a payment and after 24 hours he still did not receive his money, he thinks that you deceived him, he thinks that you probably received the goods, but did not intend to pay … Thus , Bitcoin creates a whole bunch of problems, in particular, people lose their reputation. "

Monero … also not a coin for the "dark web"

Previously it was believed that Monero would come out on top as the preferred currency for criminals, and this was shown by preliminary studies.

But subsequent studies show otherwise: Litecoin can become the leading Deep Web coin, as it does not have problems like Bitcoin, although it uses the same algorithm, but Litecoin is very fast and cheap and has exchange support for crypto-currencies around the world, explained Barisevich .

Author: Evgenij Novožilov, Analyst Freedman Club Crypto News

Source: Read Full Article

Leave a Reply