Bitcoin is falling out of favor for the illicit and unlawful, as its underlying technology, blockchain, can create evidence that works against them. Instead, criminals are adopting monero, which “encrypts the recipient’s address on its blockchain and generates fake addresses to obscure the real sender.”



Its main competitor, Zcash — which isn’t known to have a significant criminal following — can offer even better privacy protection. Instead of creating fake addresses to hide senders, it encrypts their true address. That makes it impossible to identify senders by looking for correlations in addresses used in multiple transactions to pinpoint the real one — a vulnerability for monero.

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Source: [H]ardOCP – The Criminal Underworld Is Dropping Bitcoin for Another Currency