August 2 2016
Bitcoin has taken over the cryptocurrency industry for countless years because those who imitated them didn't get the necessary results. However, right this moment, a new competitor has emerged and it is said that it might provide better benefits to the people who want to mine coins and to those who're already mining. YOcoin has been getting a lot of hype lately because of the features that they offer, but the only question right now is whether the competitive edge of this currency will be strong enough, which is required if they want to beat bitcoin. Let's take a closer look at this new entrant and the possible benefits that it can offer for the people who are searching for a bitcoin alternative.
YOcoin is actually simpler to mine compared with other cryptocurrencies and based upon different reports, you may even start mining at home with a decent graphics card. This is undoubtedly a great benefit because as you most of you know, you'll need a high-end graphics card to make sure that you could mine coins properly. Graphics card usually includes graphical processing units (GPUs) that are very essential for SHA hashing mathematics, which will be used to solve transaction blocks. The same with bitcoin, your transactions can also be noted in a blockchain. Wallets are now available for Windows, Mac OS X and Linux so you could start mining this new altcoin.
Based upon the affirmation of Dave Wilson, Chief Operating Officer of YOcoin, they have been working for a long time to finish the project and they are looking forward to bring the currency to a higher level. This is definitely fascinating because they have been preparing for the future of this currency. Network marketing organizations are acquiring advantages from this type of currency and the team is also planning to bring it to casinos and other merchants.
It is a hard task, but this is not really impossible to achieve as this currency has been accumulating lots of hype in recent times. If this currency will be approved and applied by casinos and other merchants, the users will certainly benefit from this.
You must fully understand the improvements that the team wishes to adopt in the foreseeable future like the issuing of physical coins and the add-on of mobile wallet for android users. These coins may be used as a gift to your family and friends and you could always collect them if you'd like. They are anticipating that this coin will be used as a collectible rather than currency, but you may use it either way.
Many folks are expecting a lot from this new form of Internet cash so it's going to be very fascinating. They are hoping that this will competitor Bitcoin.
This is a lot much easier to mine compared to bitcoin so it is already expected that a younger crowd and millenials will likely be involved with this. If you would like to try this out, you should begin your research about this without any further delay.
Visit the What is YOcoin website