There have been rumors going around on the internet that Dream Market is planning to introduce Monero on their site, but the marketplace has come out clearly to refute this claim.
Instead, maintaining that they are not in the process of doing this anytime soon despite other darknet markets already using the new cryptocurrency.
Some Dream Market vendors were optimistic with the idea of adding Monero/XMR to the available payment options, saying that they were fed up with the transaction times of Bitcoin.
The Dream Market admin responded to these statements by posting a message on Reddit, reading “Not planned to be implemented in the near future.”
Monero uses a special cryptographic sound system which allows you to release and receive funds without your transactions being revealed on the blockchain; this ensures that all your purchases, receipts and transfers, remain private by default.
Additionally, all transactions are made untraceable by implementing ring signatures that ensure online exchanges are not just private, but also have an optional trait of ambiguity.
This ensures transactions cannot be traced back to a single computer or user.
Most vendors were not impressed by DM’s decision to omit Monero, one, in particular, said that he was considering selling items on Dream Market but also thinking about accepting only XMR payments in the future.
Those in favor of the new cryptocurrency say that it’s often under-appreciated compared to other virtual currencies such as Bitcoin.
They claim external forces have been trying to censor, inhibit and scuttle the Monero project for the last two years it’s been in existence.
According to them, one of the key instruments they use is attacking the XMR online community, seemingly because all other attempts towards achieving this goal have not been successful.
Despite Dream Market refusing to use Monero, the fans are still adamant that it will be accepted as a standard cryptocurrency in the future.