Monero（XMR）已代替比特币（BTC）作为黑网交易之王

比特币（BTC）曾经是黑暗网络上非法交易的国王。早在2016年，它占所有加密货币活动的惊人的97％

Bitcoin (BTC) was once the king of illicit transactions on the Dark Web. Back in 2016, it accounted for a staggering 97% of all cryptocurrency activity tied to illegal dealings, according to TRM Labs. But, fast forward to 2022, and that number dropped sharply to 19%. TRM Labs predicts that by 2024, Bitcoin’s share will shrink further to only 12%.

比特币（BTC）曾经是黑暗网络上非法交易的国王。据TRM Labs称，早在2016年，它占与非法交易有关的所有加密货币活动的惊人。但是，快进到2022年，这个数字急剧下降至19％。 TRM Labs预测，到2024年，比特币的份额将进一步缩小到仅12％。

So, what happened? Simply put, the limitations of Bitcoin - particularly its public blockchain transparency - have pushed illicit markets toward more private alternatives.

那么，发生了什么事？简而言之，比特币的局限性 - 尤其是其公共区块链透明度 - 将非法市场推向了更多私人选择。

One key driver of this shift is the development of privacy-based cryptocurrencies like Monero (XMR), Zcash, and Dash. Unlike Bitcoin, these coins are designed to provide almost total anonymity, making it practically impossible to trace transactions.

这种转变的一个关键动力是开发基于隐私的加密货币（例如Monero（XMR），Zcash和Dash）。与比特币不同，这些硬币旨在提供几乎完全匿名的匿名性，使得几乎无法追踪交易。

White House Market, a major player on the Dark Web, recognized this early. In 2020, they stopped accepting Bitcoin altogether and went Monero-only.

白宫市场是黑暗网络上的主要参与者，他很早就意识到这一点。在2020年，他们不再完全接受比特币，而只接受了仅限的比特币。

Their reasoning was clear: “The Bitcoin workaround was supposed to be there just to help with the transition to XMR… therefore, we are now Monero only, just as planned.”

他们的推理很明确：“比特币的解决方法本来应该在那里，只是为了帮助过渡到XMR……因此，我们现在只按计划进行的，就像计划的那样。”

Research from ScienceDirect also supports this shift, suggesting that privacy coins are closely tied to Dark Web activity.

ScienceDirect的研究也支持这一转变，这表明隐私硬币与黑暗的网络活动紧密相关。

Stablecoins and Tron Taking Over

Stablecoins和Tron接管

Interestingly, it’s not just privacy coins that are taking the lead. TRM Labs reports that Tron (TRX) holds the top position in illicit activity with 58%.

有趣的是，不仅是隐私硬币引起了领先。 TRM Labs报告说，TRON（TRX）在非法活动中占58％。

Another report from Chainalysis reveals that stablecoins now account for 63% of the total illegal volume of transactions. Even large illicit marketplaces are using stablecoins for smoother and faster transactions.

链分析的另一份报告表明，稳定币现在占非法交易总数的63％。即使是大型非法市场也在使用Stablecoins进行更顺畅和更快的交易。

For instance, Elliptic researchers uncovered $11 billion in illicit trades using USDT on Cambodia’s Huione Guarantee marketplace in July 2024. Both privacy coins and stablecoins are becoming the go-to tools for anonymous and efficient transactions on the Dark Web.

例如，椭圆研究人员于2024年7月在柬埔寨的Huione担保市场上发现了110亿美元的非法交易。隐私硬币和Stablecoins都成为黑暗网络上匿名和高效交易的首选工具。

Law Enforcement Challenges

执法挑战

The openness of Bitcoin has always had a double-edged nature. On the one hand, it made the currency less attractive to criminals; on the other hand, it made it possible for the authorities to trace and shut down illegal trade.

比特币的开放性始终具有双层性质。一方面，这使得货币对罪犯的吸引力降低了；另一方面，当局有可能追踪和关闭非法贸易。

Thanks to Chainalysis and Elliptic software, the authorities have been capable of successfully disassembling such high-profile platforms as Silk Road in 2013, AlphaBay in 2017, Hydra in 2022, and Incognito Market in 2024.

多亏了链分析和椭圆软件，当局能够成功拆除2013年丝绸之路，2017年的Alphabay，2022年的Alphabay和2024年Incognito Market等备受瞩目的平台。

But with privacy coins, the game has changed, tracking transactions through Monero or Zcash is a major hurdle.

但是，随着隐私硬币的变化，游戏已经改变，通过Monero或Zcash跟踪交易是一个重大障碍。

Even though Japanese law enforcement recently made their first arrest linked to Monero transaction analysis, the complexity of these privacy-focused coins poses a serious challenge worldwide.

尽管日本执法部门最近与Monero交易分析有关，但这些以隐私为重点的硬币的复杂性在全球范围内构成了严重的挑战。

The Balancing Act Between Privacy and Security

隐私与安全之间的平衡行为

This shift from Bitcoin to stablecoins and privacy coins is a two-edged sword. While the diminished role of Bitcoin in criminality might make it more acceptable as a legitimate financial instrument, and more investors will be drawn to it, stablecoins and privacy coins make it more challenging for law enforcers to trace illegal transactions.

从比特币到稳定硬币和隐私硬币的转变是一把两刃剑。尽管比特币在犯罪性中的作用减少可能使其成为合法的金融工具，并且将吸引更多的投资者，但稳定的股份和隐私硬币使律师事务所的追踪非法交易更具挑战性。

Certain countries have even prohibited privacy coins, while stablecoins have been scrutinized. The challenge is to strike the right balance between technological advancement and regulation so that privacy is possible without undermining security.

某些国家甚至禁止隐私硬币，而稳定的国家则经过审查。挑战是在技术进步和法规之间取得适当的平衡，以便在不破坏安全性的情况下进行隐私。