Bitcoin has remained the most dominant cryptocurrency in the market, many have tried and failed to exceed it. Fundamentally, they didn't get the outstanding results that they anticipated, but a new challenger seems very positive that they can match or even surpass this currency. The introduction of YOcoin will truly be a threat to bitcoin, but they must have a competitive edge if they want to beat the king.
If you are interested to know what this new entrant can offer to all the folks who are hunting for a bitcoin alternative here are a few of the information that you need to know.
Basically, YOcoin is getting a lot of hype because it's said to be much easier to mine compared to bitcoins. There are reports saying that you may begin mining at the convenience of your house so long as you have a decent graphics card. Well, a graphics card is extremely essential when mining these coins because it includes graphical processing units (GPUs) that are responsible in solving transaction blocks.
You do not have to buy a high-end graphics card to start mining because you can in fact accomplish this with a great quality graphics card. You must also know that the coins that you'll mine will also be documented in a blockchain, same with the original bitcoin. Searching this new altcoin will also be simpler because wallets are already available for Windows, Mac OS X and Linux.
The Chief Operating Officer of YOcoin, Dave Wilson, mentioned that they've been spending so much time on this venture for a very long time so they are looking forward to bring it to another level and beyond. This will definitely be interesting because they are laying out a few future plans for this new currency. Network marketing firms get plenty of advantages from this cryptocurrency, but the team is trying to expand their reach and bring this to casinos and other vendors. The success of this plan will depend solely on how they are going to implement it. It'll be hard for individuals to accept this currency right from the start, but once it's implemented, it will provide lots of benefits to the users.
You should comprehend the new improvements that YOcoin wants to do in the future like the issuance of physical YOC coins and mobile wallet for Android users. These coins can serve as a gift for your friends and family and you can also collect them if you would like. These coins will be regarded as collectibles by some folks instead of currency, but it can be used either way. This might be very interesting because plenty of people are presently waiting for these innovations. You can expect a lot of things from this new type of Internet cash. This cryptocurrency has the ability to surpass bitcoin in the future.
As this is more obtainable and simpler to mine than bitcoin, you could expect that a younger crowd, specifically millennials will get involved with this. If you're interested in this cryptocurrency, you should begin researching about it now.
Read more about YOcoin here