Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Privacy Coins Forum => Monero Forum => Topic started by: riponsumo on June 18, 2018, 11:14:45 AM

Title: Challenges
Post by: riponsumo on June 18, 2018, 11:14:45 AM

Code: [Select]

[sup][glow=red,2,300][shadow=red,left][move]Challenges[/move][/shadow][/glow][/sup]
While these privacy advantages have fueled the rapid adoption of monero, they have also brought challenges. The non-traceability and privacy features of monero allow them to be used for disreputable purposes and at questionable marketplaces, including those like drugs and gambling. Markets on the dark web, like AlphaBay and Oasis, have seen an increased use of monero.

Title: Re: Challenges
Post by: riponsumo on June 18, 2018, 11:16:57 AM

Recent reports by CNBC cite the case of hackers creating malicious software that infected computers to mine monero and send it to North Korea. Essentially, monero is open to be used for illicit activities and for evading law enforcement, as it remains outside of capital controls with no traceability.