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In 2018 there have been many reports related to cryptographic malware and 2019 will not be any better. In fact, according to a recent report, the trend towards cryptography will increase next year. The Cyber Threatscape report quoted by Oracle Times states that 2019 will see an increase in cryptographic malware and Monero (XMR) will be the main focus. The reason is its privacy and the anonymous characteristics of the transactions.
It should be noted that in a recent malware scrambling about 200,000 MikroTik routers in Latin America and had the potential to contaminate more than hundreds of thousands of about 1.7 million MikroTik routers worldwide and XMR was the mined cryptocurrency .
The reason why Monero (XMR) is the most targeted cryptography when it comes to cryptography is its privacy function. Although there are other encrypted privacy, Monero (XMR) is at the top of the list that is the most popular. The function allows you to execute transactions on the Monero blockchain anonymously. The distributed ledger does not track the people who make the transactions.
Privacy coins should be accepted by nations: Weiss Ratings
However, the privacy coin has also been praised by some crypto-enthusiasts. However, there are some who believe that privacy coins increase crimes on the internet. However, in a recent Weiss Ratings blog post written by Martin D. Weiss, PhD and Juan M. Villaverde, nations should embrace privacy-focused currencies such as ZCash.
"The same privacy technology that can be used by criminals to obscure and disguise their activities can also be used by governments, businesses and citizens to encrypt data and deny access to those criminals", according to blog.
According to Weiss and Villaverde, "Privacy DLT is a technology that ensures the anonymity and privacy of voters, precisely what is essential for safe and democratic elections." Therefore, the same type of privacy DLT that Zcash uses for Shielding transactions can also be used to create a fast, efficient, anonymous and secure voting system. "
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