For quite some time, Bitcoin has always been the dominating cryptocurrency, many have attempted to match it and failed. They didn't get the results that they want, but a new competition has emerged and YOcoin is absolutely positive that it can surpass the achievements of bitcoin. With the arrival of YoCoin, bitcoin will confront a new competitor, but the only problem is if they can undoubtedly have the competitive edge to ensure success.
If you're very fascinated how this new entrant can beat the present king of the cryptocurrency industry and satisfy the needs of the folks who're trying to find a bitcoin alternative, here are the information to know.
YOcoin became extremely popular because it is easier to mine compared to other coins. There are also a few reports claiming that you may mine at the comfort of your house when you have a good quality graphics card. You will need graphics card for mining because it includes graphical processing units (GPUs). They are used at the SHA hashing mathematics to help solve these transaction blocks.
If you're considering this new cryptocurrency, you will not have to use a high-end graphics card for mining. You could accomplish this effortlessly via a decent graphics card.
Wallets are now available for Windows, Mac OS X and Linux so you could start hunting this altcoin at this time. All the transactions made and the coins accumulated can also be recorded in a blockchain.
Based upon the statement of Dave Wilson, Chief Operating Officer of YoCoin, they have been working for some time to finish the project and they're looking forward to bring the currency to a higher level. This is really interesting because they already planned for the future of this currency. Network marketing organizations are obtaining advantages from this kind of currency and the team is also intending to bring it to casinos and other vendors.
It may seem like a difficult task, but it is not impossible given the fact that this new currency has been accumulating plenty of hype in the past few years. If this currency will likely be recognized and applied by casinos and other merchants, the users will truly benefit from this.
You should also take notice of the innovations that YoCoin will adopt in the future like the mobile wallet for android users and the issuing of physical YOC coins. These coins can be used as collector's item or you may also use this as gift for your family and friends.
These coins could be a collectible, but you could use this as a type of currency as well. This makes it a quite fascinating add-on to the cryptocurrency scene and plenty of individuals are looking forward to obtaining them.
We can undoubtedly anticipate more from the team based upon their accomplishments. This will absolutely competitor Bitcoin in the foreseeable future.
This is more accessible and easier to mine compared with bitcoins, so it'll be intended for a younger crowd, especially for millennials. In case you are really intrigued by this cryptocurrency, it's best to start studying about it as soon as possible.
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