SEC monitors cryptographic transactions in ledgers – Are Bitcoin, XRP and Ethereum games fair?

The US Securities and Exchange Commission plans to follow the most widely used encryption registers. According to an announcement, the SEC is trying to find a way to read data from the blockchain more easily. In addition to tracking transaction data with the highest transaction volume, the SEC will also review "the universe of available information and details of the transaction".

This initiative is intended to strengthen the SEC's efforts to "monitor risks, improve compliance and inform the Commission's policy on digital badets". She will look for details of a wallet address, including the owner's identification.

Main goals

• Convert the data into a revisable format.
• Provide recurrent data snippets for the most used block-string ledgers, depending on the volume of transactions.
• Provide the capacity to learn from available data, including attribution data (ie to whom
  particular address belongs).

Although the SEC does not list the registries it will follow, most major crypto-currencies use the blockchain, a distributed registry that reaches a consensus through the extraction. XRP, however, is not exploited and uses a consensus registry with a network of validators to transfer value.

According to the data compiled by Bitinfocharts, here are the encryption ledgers with the highest transaction volumes of the last 24 hours.

1. PRX – 694,110 (44.8%)
2. Ethereum – 392,633 (25.3%)
3. Bitcoins – 334,312 (21.6%)
4. Ethereum Clbadic – 41,448 (2.7%)
5. Dogecoin – 25,723 (1.75%)
6. Litecoin – 21,704 (1.4%)
7. Dash – 11,358 (0.7%)
8. Bitcoin Cash – 8.757 (.6%)
9. Bitcoin SV – 7,453 (.4%)
10. Monero – 2,750 (0.2%)

This announcement calls on forensic science experts from the TV channel who have developed sophisticated tracking tools. The deadline for submissions is February 14th.

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