July 19 2016
For countless years, Bitcoin has always been the dominant cryptocurrency, lots have tried to match it and failed. Well, they did not get the results that they were anticipating, but a new adversary has emerged and YoCoin is incredibly confident that it can match or even exceed bitcoin. The introduction of YoCoin will surely be a threat to bitcoin, however they need to have a competitive edge if they want to beat the king.
In case you are intrigued by what this new entrant can provide to the people who are hunting for a bitcoin alternative, listed here are a few of the important details that you should understand.
YoCoin is obtaining plenty of hype lately because it's declared that mining is simpler compared with bitcoins. As outlined by reports, you only need a decent graphics card if you'd like to begin mining in the convenience of your home. Well, a graphics card is very important when mining these coins since it includes graphical processing units (GPUs) that are accountable in solving transaction blocks.
You won't need to use a high-end graphics card just to start your mining because you do this with a decent graphics card. The coins that you will get from mining can also be noted in a blockchain, which can be the same with bitcoin. This new altcoin is much simpler to find and wallets are now obtainable for Windows, Mac OS X and Linux so you can begin right away.
According to Dave Wilson, Chief Operating Office of YoCoin, they've been spending so much time on this venture for a long time and they look ahead to take this new currency to the next level and beyond. This will truly be interesting because of the plans that they outlined.
We know already that network marketing businesses are getting a lot of advantages from adopting this new currency, but the YoCoin team is planning to bring it also to casino platforms and other vendors in the foreseeable future. Although it is a great idea, it will not be super easy.
This can be a bit difficult because bringing in a new currency to these organizations will take plenty of persuading and hard work. This will definitely be lots of work, but when it is approved and implemented, there will also be lots of advantages.
You should fully understand the improvements that the team wishes to adopt in the future like the issuing of physical coins and the addition of mobile wallet for android users. These coins may be used as a gift to your family and friends and you may always collect them if you want. They are anticipating that this coin will only be considered as a collectible instead of currency, but you may use it either way.
This could be extremely fascinating and lots of folks are already expecting a lot from this new form of Internet cash. They all are hoping that it will be the currency that will rival Bitcoin.
This is made for a younger crowd and millennials so you may expect that this could be simpler to mine. You may research about this currency before you begin mining.
Go here to find out more about YOcoin
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