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.