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Porn Websites and Cryptocurrencies- Current Scenario and Future

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Porn websites and cryptocurrencies seem to be having a very strong relationship this might be related to the anonymity of cryptocurrencies.

Development of porn websites and cryptocurrencies.  

Introduction

The cryptocurrencies are traditionally not being applied by the citizens in the form of a currency but moreover like an investment asset. This might be due to the highly fluctuating cryptocurrency market hence many people do not want to get their hands dirty by involving in it. They are satisfied with the traditional Fiat transfers, but one needs to update themselves constantly with the technology in order to stay ahead of the game. The Blockchain Technology behind the cryptocurrencies is being applied in many other domains apart from the financial sector. similarly, even cryptocurrencies are used in a number of forms, where porn websites and cryptocurrencies have a strong bonding since the inception of cryptocurrencies.

 

Porn websites and cryptocurrencies

Porn websites and cryptocurrencies seem to be having a very strong relationship with each other. this might be related to one of the attributes of cryptocurrencies which is its anonymity. Prior to the cryptocurrencies, the citizens used to use their traditional Fiat currency transfers to avail a number of premium memberships on such websites which would sometimes render them embarrassment, as the bank transfer statements would contain the details of all the transactions. The high level of anonymity provided by the cryptocurrencies has opened gateways for an increased traffic and acceptance of the porn services throughout the world.  

 

Further development between porn websites and cryptocurrencies

The porn industry is a fully fledged domain. incorporation and collaboration between the Porn websites and cryptocurrencies might result in a widespread development and usage of cryptocurrencies in the form of a currency itself. Even the porn websites are reaching out for the development of cryptocurrency by incorporating cryptocurrencies into their payment methods. The most popular porn websites which support cryptocurrencies are Naughty America, Pornhub, Xotica, Livejasmin, etc. In short, the privacy and widespread adoption by the porn websites and cryptocurrencies respectively is the precise reason for their interdependence on each other and hence they are striving to maximize the incorporation of each other for their betterment.

 

Current status of the porn websites and cryptocurrencies

Currently, a number of privacy-focused cryptocurrency coins are being applied by the leading porn websites. For an instance, Pornhub supports, three of the most privacy-focused cryptocurrency coin in the market, which are Verge, TRON, and ZenCash. The porn websites these days absolutely do not have any other choice but to fulfil the requirements of the individual, which is currently, anonymity and privacy which is inherently provided by the cryptocurrencies. The cryptocurrency Verge has two types of ledger one is the public and another one being a private ledger. In case of the public ledger, of the Verge cryptocurrency, lower anonymity was provided where anyone could trace the IP address of the source. Hence many websites are expecting to expand their operations by incorporating the Private Ledger of the Verge cryptocurrency and also consider it most suitable for all the future transactions.

 

Porn websites and cryptocurrencies: The Future

The porn websites and the cryptocurrencies have taken their relationship a step further by incorporating a Virtual Reality porn service. Innumerable amounts of funds were raised during its unveiling. With more number of cryptocurrencies developed each week, with increased privacy, the collaboration between the porn websites and the cryptocurrencies are expected to become like nuclear bond as even the cryptocurrency research and development leads to amazing and improved privacy. in the near future, we might also experience a joint collaboration between artificial intelligence porn websites and cryptocurrencies, along with the virtual reality experiences in order to provide the best user experience to the customers.

 

Conclusion

The anonymous nature of cryptocurrencies has also given rise to a number of unlawful activities that are carried under its name. Child pornography is on a rise and is powered by the cryptocurrencies in the market sometimes. The Secret coded messages which are encoded and are immutable on the blockchain of a network might sometimes contain links to the child pornography,  which is sometimes phishing in nature. The porn websites and cryptocurrencies do not literally exchange the information about the user and the identity remains incognito forever. Therefore the porn websites and cryptocurrencies can be considered to be a major and unbreakable collaboration in the future.

#Monero

Beryllium Bullet: The New Monero XMR Fork Explained

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Monero (XMR) forked effectively on 18th of October 2018 called Beryllium Bullet, the network has seen no significant hiccups up until now.

Monero (XMR) forked effectively on 18th of October 2018, and the network has seen no significant hiccups up until now. This release is not normal for the typical ones that endeavor to stay aware of deflecting ASIC miners. The release, called “Monero 0.13.0 “Beryllium Bullet,” incorporates a critical upgrade of the network’s protocol through the presentation of bulletproofs.

Beryllium Bullet: Monero Fork

The enhanced protocol takes into consideration more grounded privacy, less expensive and quicker transactions, and more noteworthy ASIC miner resistance.

 

Bulletproof is a special component among digital assets, in any event among huge top networks. It gives clients more privacy by concealing the quantity of coins that they send in transactions. The technology executes new logarithmic math with the end goal to check transactions.

 

The redesigned protocol likewise brings substantially less expensive transactions fees and snappier transactions. As the group’s blog refresh states:

“With our current range proofs, the exchange is around 13.2 kB in size. On the off chance that I utilized single-yield bulletproofs, the exchange lessens in size to just around 2.5 kB! This is, roughly, an 80% decrease in the size of the transaction, which at that point means an 80% decrease in fees also. The space funds are far and away superior with different output proofs. This speaks to a huge diminishing in the size of the transactions. Further, our underlying testing demonstrates that an opportunity to check a bulletproof is lower than for the current range proofs, which means faster blockchain approval.”

 

Another symptom is happening also: XMR miners are revealing that mining difficulty has dropped steeply since the fork. The blockchain’s ledger will now likewise require significantly less hard disk space. In general, the form is a monstrous update that enables Monero to remain the best privacy coin.

 

Monero developers firmly suggest that everybody overhaul their wallets and hubs on the off chance that they haven’t done as such as of now, as running the old variant could lose transactions.

 

Monero’s for quite some time held objective is for all clients to mine the coin, not just makers or mining farms that have the assets to toss around colossal hashing power, as has occurred on the Bitcoin network. Along these lines, normal clients can remain profitable with GPU and CPU chips. Monero developers conceded to semi-annual network overhauls and changes to the Proof-of-Work (PoW) work with the end goal to remain one stage in front of ASIC producers. The present fork proceeds with that fighting.

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#Cardano Price Analysis

ADA Daily Trading Signals: 19 October

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ADA Price is below the two EMAs with the stochastic oscillator signal pointing down at 43%. This implies further downward movement within the range.

Dominant bias for CARDANO (ADA) – Ranging

Resistance Levels- $0.08800, $0.09000, $0.09200

Support Level-$0.07000, $0.06800. $0.06600

 

ADA is in a range-bound market   The loss in bullish momentum at $0.08091 in the resistance area for the continued upward journey after the retest gradually set the bears back in the market. The doji opening candle of 18th October at $0.08001 followed by the bearish hammer confirmed the bears’ takeover. ADAUSD was initially down to $0.07752. Increased bears pressure pushed the cryptocurrency further down to $0.07537 in the support area as ADAUSD enters the range.

ADA Price is below the two EMAs with the stochastic oscillator signal pointing down at 43%. This implies further downward movement within the range.

 

ADA 4-hour chart

ADA 4-hour chart

 

ADA is in consolidation and trading between $0.08050 in the upper supply area and at $0.07200 in the lower demand area of the range. A breakout at the upper resistance area or breakdown at the lower support area may occur hence patience is required for either to happen. Confirmation with good reversal candles after retest will be of great importance.

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#Daily Price Analysis

XRP Daily Trading Signals: October 19

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Dominant bias for XRP – Bullish

Resistance Levels- 0.6000 $0.6500, $0.7000

Support Level-$0.3500, $0.3000. $0.2500

 

XRP had a temporary drawdown which is a plus to the cryptocurrency on its journey to the moon. The bullish opening of 18th October at $0.4832 expected to push the price of XRP up showed exhaustion as the candle closes with a wick. This returned the bears to market.  The bears’ pressure was strong as XRPUSD initially down to $0.4719. With increased bearish momentum, the cryptocurrency went further down to $0.4560 in the support area as the trading session runs to a close

Apparently, the pullback was necessary for the market correction before uptrend continuation. The retracement was within the 50.0 fib level a trend reversal zone. The implication is that the bulls still lurk in the market and a strong comeback may occur sooner than expected. Moreover, the broken diagonal line in the Fibonacci is another great tool. Each time price touches it, it bounces off it. A bounce may also be expected if price makes a touch at it before going up.

 

XRP 4-hour chart

XRP 4-hour chart

 

The 200 EMA is seen acting as a strong support for bullish movement as XRP price lies above it. The stochastic oscillator signal points down at 32% which suggest minor downward price movement may occur before uptrend continuation.

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