Topic: Litecoin rises as the second most used crypto on the Dark Web (Read 105 times)
In fact, the use of coins in the Dark Internet is not very good. For these reasons, many countries do not yet trust crypto currency and treat it with caution. But the price for it is growing.
are this good or bad new for litecoin? for bitcoin was the dark web the first step to get popular. this news means litecoin will go the same way as bitcoin?
A recent investigation by the cybersecurity firm “Recorded Future”, listed Litecoin as the second cryptocurrency with the most acceptance as a means of payment in the Dark Web, after BTC, which has been losing ground to other altcoins such as DASH, ETH and XMR.
According to the study, the main complaints of Dark Markets users are the same as the “vanilla” users: The long waiting times in the transactions and the high fees. These two problems are of great importance for a market characterized by nervousness (product of a lack of trust between parties, making it necessary to use a currency with fast transactions) and by the low prices on transactions, which fluctuate usually between 50 and 300 dollars (which makes the fees proportionally too high when compared to the total value of transactions).
Likewise, the fact of being able to verify the amount of money that each wallet has, as well as of the facility for transaction tracing, make users look for options more oriented towards anonymity and speed.
Read More: https://zycrypto.com/litecoin-rises-second-used-crypto-dark-web/
According to the study, the main complaints of Dark Markets users are the same as the “vanilla” users: The long waiting times in the transactions and the high fees. These two problems are of great importance for a market characterized by nervousness (product of a lack of trust between parties, making it necessary to use a currency with fast transactions) and by the low prices on transactions, which fluctuate usually between 50 and 300 dollars (which makes the fees proportionally too high when compared to the total value of transactions).
Likewise, the fact of being able to verify the amount of money that each wallet has, as well as of the facility for transaction tracing, make users look for options more oriented towards anonymity and speed.
Read More: https://zycrypto.com/litecoin-rises-second-used-crypto-dark-web/
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