Everyone knows that Bitcoin is presently the best-known cryptocurrency in the industry. There are a few currencies that also attempted to do the same, however they did not get the same results, but the introduction of YOcoin appears to be a bit different.
The only issue right now is whether this new type of currency can surely possess the competitive edge to succeed where so many bitcoin alternatives have not.
We will look closely at this new adversary and the features that it could offer to the individuals who're continually trying to find a bitcoin alternative. Below are a few of the simple facts that you should learn about.
YOcoin is getting more popular lately because it's stating that you can very easily mine their coins compared to bitcoins. According to reports, you only need a decent graphics card if you'd like to begin mining in the comfort of your house. Basically, a graphics card is extremely essential if you'd like to mine coins as it includes graphical processing units (GPUs) that are accountable in solving transaction blocks.
You will not need to use a high-end graphics card just to begin your mining because you do this with a decent graphics card. The coins that you will get will be noted in a blockchain so it is pretty much 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 could begin right away.
The Chief Operating Officer of YOcoin, Dave Wilson, said that they've been working very hard on this venture for some time so they are looking forward to bring this currency to another level and beyond. This will definitely be interesting because they are laying out some future plans for this new currency. Networking marketing companies are already obtaining plenty of advantages from this cryptocurrency, but the team is intending to bring this to casinos and other vendors in the foreseeable future. The success of this plan will depend on how they are going to implement this. You can state that it would be quite hard for individuals to accept this new type of currency, but once it is implemented, there will surely be a lot of advantages to the users.
You must completely understand the innovations that the team wishes to adopt in the future like the issuing of physical coins and the addition of mobile wallet for android users. Fundamentally, these coins may be used as a gift for your friends and family and you can also collect them if you want. Though, they are expecting that this coin will probably be viewed as collectible instead of currency, it can be used both ways.
This can be extremely interesting and plenty of folks are already anticipating a lot from this new form of Internet cash. They are hoping that this will rival Bitcoin.
This is made entirely for a younger crowd, specifically for millennials so it should be expected that it will likely be easier to mine. You may research about this currency before you start mining.
Go here to find out more about YOcoin