Bitcoin has become the most popular cryptocurrency because all of those who attempted to go up against it, failed. They did not get the results that they want, but a new competition has emerged and YOcoin is basically positive that it could surpass the achievements of 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.
If you are interested to determine what this new entrant can offer to all the individuals who're searching for a bitcoin alternative below are a few of the specifics that you should know.
If there is one thing that YOcoin is very proud of, it's the proven fact that it's simpler to mine. Additionally, there are some reports claiming that you could mine these coins in your own home so long as you have a decent graphics card. You'll need graphics card for mining because it includes graphical processing units (GPUs). You can use them 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 may do this without difficulty via a good quality graphics card.
Wallets are now obtainable for Windows, Mac OS X and Linux so you can begin searching this altcoin at this time. All the coins that you'll mine can also be documented in a blockchain.
According to the statement of Dave Wilson, Chief Operating Office of YOcoin, they have been working on this for a long time and they are very happy that they are going to have a chance to bring this currency to a higher level and beyond. This will truly be intriguing because of the plans that they laid out.
Network marketing organizations have been getting lots of advantages from this new payment medium, but the team is also checking out casino platforms and other merchants. This is definitely a great idea, but their success would depend on how they implement it.
This can be a little difficult because adding a new currency to these institutions will take a lot of convincing and hard work. It is true that it'll be lots of work, but when this currency is approved and applied, the users will get lots of advantages.
It is important to know the different improvements that the team wants to adopt in the foreseeable future like the mobile wallet for Android users and the issuance of physical coins. Basically, these coins could be used as a gift for your friends and family and you can also collect them if you'd like. Though, they are expecting that this coin will likely be regarded as collectible instead of currency, it could be used either way.
This might be extremely interesting and plenty of individuals are already expecting a lot from this new form of Internet cash. It will offer advantages to the current bitcoin users and those who are intending to mine coins in the future.
This is made for a younger crowd and millennials so you can expect that this will probably be much simpler to mine. You could research about this currency before you begin mining.
Go here to find out more about YOcoin