19 Juillet 2016
Today, Bitcoin is probably the most easily recognized cryptocurrency in the industry and nothing has ever come close to it. Even though some currencies tried and failed, the introduction of YOcoin seems to have a great chance of bucking this trend, mainly because plenty of people are anticipating a lot from it.
The only problem with this is that a few folks are asking if this new entrant has the competitive edge to achieve success against bitcoin when so many have already failed.
We will take a close look at this entrant and the features that it might provide to all the individuals who are looking for a bitcoin alternative. Here are a few of the simple facts that you must know about.
YOcoin became extremely popular because it's easier to mine compared to other coins. There are also some reports claiming that you could mine at the convenience of your house when you have a decent graphics card. You will need graphics card for mining as it contains graphical processing units (GPUs). They are used at the SHA hashing mathematics to help you solve these transaction blocks.
With this new kind of cryptocurrency, it's not necessary to use a high-end graphics card just to begin mining because you may do this at home with little effort via a decent graphics card.
Wallets are already accessible for Windows, Mac OS X and Linux so hunting this new altcoin will truly be simpler nowadays. All of the transactions made and the coins collected can also be recorded in a blockchain.
The Chief Operating Officer of YoCoin, Dave Wilson, said that they've been working very hard on this task for a long period so they are looking forward to bring this currency to another level and beyond. This will undoubtedly be really intriguing because they lay out their future plans for the currency. Network marketing firms are obtaining plenty of benefits from this cryptocurrency, but the team is looking to bring this to casinos and other merchants in the foreseeable future. The success of the plan would really depend on how they're going to implement this. You could claim that it would be quite hard for people to accept this new kind of currency, but once it's implemented, there will truly be a lot of advantages to the users.
It's essential to know the various improvements that the team wants to adopt in the future like the mobile wallet for Android users and the issuance of physical coins. These coins may be used as a gift to your friends and family and you can always collect them if you want. They are anticipating that this coin will likely be used as a collectible rather than currency, but you could use it both ways.
Many people are anticipating a lot from this new type of Internet cash so it's going to be very intriguing. They are all hoping that it will likely be the currency that will rival Bitcoin.
This is actually made for a younger crowd, especially for millennials so you must anticipate that it's going to be much easier to mine. You need to start your research about this new currency without delay and be ready to start mining now.
Click here for more info on YOcoin