Bitcoin has taken over the cryptocurrency market for a long period, making it the best cryptocurrency right this moment. There are some currencies that also attempted to do the same, however they did not get the same results, but the introduction of YOcoin seems to be a little different.
The only problem here is if this new currency may 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 features that it might provide to all the individuals who are searching for a bitcoin alternative. Listed below are the specifics that you have to keep in mind about this.
YOcoin is said to be much simpler to mine compared to the other cryptocurrencies on the industry at this time and as outlined by reports, you can even mine at home as long as you have 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 may mine coins properly. Graphics card usually includes graphical processing units (GPUs) that are very important for SHA hashing mathematics, which will be used to solve transaction blocks. The same with bitcoin, your transactions can also be recorded in a blockchain. You could start mining this altcoin because wallets are already accessible for Windows, Mac OS X and Linux.
According to the statement of Dave Wilson, Chief Operating Office of YOcoin, they've been working on this for a long time and they are very happy that they're going to have a chance to bring this currency to the next level and beyond. Generally, from what they are intending to do, this might be very intriguing.
Even though network marketing organizations have been receiving advantages from their early adoption of YOcoin, the team is looking to add this new currency to casino platforms and other vendors. This is undoubtedly a great idea, but their success will depend on how they implement it.
Although this could be a little difficult, adding a new kind of currency to these organizations will be a good option. It's true that it's going to be lots of work, but when this currency is approved and implemented, the users will obtain plenty of advantages.
You must completely understand the innovations 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. Basically, these coins can be used as a gift for your family and friends and you could also collect them if you'd like. They are expecting that this coin will only be regarded as a collectible rather than currency, but you could use it both ways.
This could be extremely fascinating and a lot of folks are already anticipating a lot from this new mode of Internet cash. They are hoping that this will rival Bitcoin.
Because this is more accessible and much easier to mine than bitcoin, you can anticipate that a younger crowd, specifically millennials can get involved with this. You must begin studying about this new cryptocurrency if you're want to be ahead of the game.
Visit the YOcoin website here