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Bloomberg published an analysis of the realm of cryptography leadership. The research was compiled by the Satin Group analyst Sherwin Dowlat and his conclusions are particularly exciting for the Monero and Cardano fans.
The ADA of Cardano has a strong potential
The research adopts a multi-pronged approach to analysis and cryptos guidance that serve either as value deposits or primarily as utility tokens.
The report addresses economic speed and implied velocity, while at the same time anticipating strong potentials for long-term ADA if certain conditions are met. [19659002] Monero's Privacy Coin also has a bright future
According to Dowlat, Monero and other private currencies such as Zcash have a bright future ahead of them. These are two of the main cryptos of anonymity in the world, and the author makes a direct comparison between them.
Relationships fundamentally conclude that the markets for both crypts will more than likely be led by illegal activities, unfortunately, but the author also ensures to highlight the fact that Monero will be the most significant beneficiary of the two currencies.
The author writes that "the user base of the privacy market will most likely be based on networks that have a more active basebase development".
XMR is seen as likely to capture 60% of the market with ZCH capturing just under a third of that figure.
Monero also remains the currency of choice for hackers
Regarding illegal activities, the company Cybersecurity Trend Micro has revealed that between January and July 2018, the company researchers have detected encryption attacks not authorized to a rate of almost 1000% higher than the second half of last year.
[1 9659004] The company announced this in its report entitled "Invisible threats, imminent losses."
This year, there have been various reports of cryptographic incidents involving hundreds of websites including government sites and high-profile platforms by hackers who extracted Monero.
Monero generally remains their preferred encryption because it offers anonymity and market liquidity.
