Everyone knows that Bitcoin is currently the best recognized cryptocurrency in the market. Though a few currencies tried and failed, the arrival of YOcoin seems to have a great chance of bucking this trend, mainly because a lot of individuals are expecting a lot from it.
The only issue here is if this new currency can be aggressive enough to succeed against bitcoin when so many alternatives have already failed.
We will take a close look at this entrant and the benefits that it can provide to all the people who're looking for a bitcoin alternative. Below are a few of the simple specifics that you should know about.
YOcoin is said to be simpler to mine compared with other cryptocurrencies at this time. As outlined by reports, you may even mine at home with the use of a very good quality graphics card. This is certainly a great benefit because as you most of you know, you need a high-end graphics card to make sure that you can mine coins properly. Graphics card includes graphical processing units (GPUs) that are extremely great at the SHA hashing mathematics needed to solve transaction blocks. The same with bitcoin, your transactions will also be recorded in a blockchain. You may now begin mining this new altcoin because wallets are now available for Windows, Mac OS X and Linux.
The Chief Operating Officer of YOcoin, Dave Wilson, clearly stated that they've been working really hard on this project for years so they are looking forward to see this currency to the next level. This may be quite intriguing since they are laying out their future plans for this currency. Networking marketing firms are already getting plenty of advantages from this cryptocurrency, but the team is planning to bring this to casinos and other merchants in the future. The success of the plan will actually depend on how they are going to implement this. Well, it's going to be difficult for people to accept this kind of currency, but when it is applied, there will be plenty of benefits to the users.
You must know the various innovations that YOcoin wishes to do like the mobile wallet for Android users and the issuance of physical YOC coins. These coins can undoubtedly be regarded as a gift to your friends and family and you may collect them as well. These coins may possibly be regarded as collectibles instead of currency, but you could always use it either way. This will truly be intriguing because a lot of people are waiting for these improvements. We could possibly expect more from this new form of Internet cash. This cryptocurrency will competitor bitcoin or surpass it.
This currency is much easier to mine compared with bitcoins so a younger crowd, especially millennials, will truly be interested by the new currencies progress. If you are fascinated by this cryptocurrency, you must start researching about it now.
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