Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: Tnoy30 on July 03, 2020, 02:39:33 AM
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Despite a growing number of advanced privacy features, Bitcoin Cash seems to have fallen out of favor with Dark Web operators.
According to crypto advocate Roger Ver, Bitcoin Cash (BCH) is the only “recent” coin to be widely used on the dark web. “The only other coins being used on the darknet markets are the coins that have been around for a long time like Bitcoin, of course, then Monero,” Ver said.
Coinelegraph’s investigation showed that although BCH does reach the Dark Web, it's far from being a leading cryptocurrency there. This is surprising: while privacy-focused cryptocurrencies like Monero commonly protect the identities of darknet buyers and sellers alike, Bitcoin Cash has some technical features that can bring its level of privacy into the same arena. When those privacy features combine with BCH’s famous transaction speeds, the currency seems a natural choice to drive a technologically enabled black market.
Read on: https://cointelegraph.com/news/why-isnt-bch-way-more-popular-on-the-dark-web