What Currency Does the Dark Web Use?

What currency does the dark web use? In encrypted cryptocurrency transactions, the dark web mainly has two forms: anonymous coins and privacy tokens.

Anonymous coins (also known as privacy tokens) are encrypted electronic information, value data, and other digital assets transmitted through blockchain technology. Bitcoin uses a technique called Zero Knowledge Proof (ZKP), Bitcoin Cash (BCH), or Monero (XMR) to transfer funds between peers. However, it is not decentralized like traditional banking systems and does not rely on third-party entities to verify its authenticity. Privacy tokens, on the other hand, can be used as a means of payment, such as converting fiat currency into virtual currency or purchasing gold, etc. (BlockBeats).

As more and more criminals use these anonymous coins for money laundering and drug trafficking, many people are also looking for legal ways to avoid such illegal sources of funds. However, many people believe that this new type of financial instrument can cause trouble for some victims, so they choose the digital assets used on the dark web – privacy coins.

Currently, there are various digital currencies related to the dark web on the market, such as Bitcoin (BTC) as the main one, privacy coins based on Ethereum (ETH), stablecoins represented by USDT, and privacy coins including BNB. So what currency does the dark web use? How to avoid being stolen? What is the “Zero Knowledge” cryptocurrency? “Zero Knowledge” cryptocurrency is an informal cryptocurrency created by a group of people called “0xStewart”. Its purpose is to operate and perform specific operations in an environment without any central authority support. In simple terms, it is an open platform. Users can establish their own identity IDs and password accounts in it, allowing people to freely perform various complex workflows.

Due to the presence of zero-knowledge protocols, the transaction cost is high, so it is necessary to send a large amount of cryptocurrency to multiple addresses as a payment method while ensuring transaction security. If you want more privacy protection, please log in to the software and fill out the form to complete the KYC certification. Once certain requirements are met, you can successfully access this network.