jeudi 5 septembre 2013

Smaller Crypto-Currency (and why you should care)

9 commentaires:
After the success Bitcoin currency has enjoyed since it was released in 2009, many smaller currencies appeared to rival the more powerful original and fill the gaps of a blossoming new economy. While Bitcoins might be everyone’s first choice, there are quite a few reasons why you should look out for smaller crypto currencies out there. First of all Bitcoins reach some high prices over time and you might want to invest in a currency that isn’t as inflated yet, so that you can make money as the currency grows. It is simply smart to invest in something that is certain to increase in value and almost perfectly safe from losing any value.

Namecoin is the first small crypto currency we’ll talk about. Namecoin is an amazing decentralized DNS based currency system. No single country or bank can control it and the limited number of Namecoins which can be produced will keep the currency from inflating. There can only be 21 million Namecoins and the rate they are creates drops every 4 years.

Terracoin is one of those very popular small crypto currencies out there at the time. It seriously launched during 2012, making it quite a young coin to use. Yet nonetheless over 150000 transactions have been made with 1.6 million Terracoins. One can give some of their computer capacity to the Terracoin system for the network transaction validation process, actively helping the coin rise in worth. Over 10 exchanges per minute are made, showing how promising a currency Terracoin is.

Ppcoin is the first crypto currency that uses a combined proof-of-stake/proof-of-work system, giving this coin its popularity. You might know this small crypto currency by its other name: Peercoin, yet whatever name you call it by the fact remains that is has been largely successful as of date in releasing economic exchanges from the shackles of bank and country economies.

What is new and exciting about Feathercoin, which boasts to be similar to Bitcoin and Litecoin, is that four times as many coins will be released, promising an increased longevity and showing confidence in the growing crypto currency market. Since crypto currency is doing so well so far, Feathercoin seems to be having the right idea increasing the amount of the coins available in comparison to other crypto currencies, yet still keeping a limit to prevent inflation.
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jeudi 5 septembre 2013

Smaller Crypto-Currency (and why you should care)

After the success Bitcoin currency has enjoyed since it was released in 2009, many smaller currencies appeared to rival the more powerful original and fill the gaps of a blossoming new economy. While Bitcoins might be everyone’s first choice, there are quite a few reasons why you should look out for smaller crypto currencies out there. First of all Bitcoins reach some high prices over time and you might want to invest in a currency that isn’t as inflated yet, so that you can make money as the currency grows. It is simply smart to invest in something that is certain to increase in value and almost perfectly safe from losing any value.

Namecoin is the first small crypto currency we’ll talk about. Namecoin is an amazing decentralized DNS based currency system. No single country or bank can control it and the limited number of Namecoins which can be produced will keep the currency from inflating. There can only be 21 million Namecoins and the rate they are creates drops every 4 years.

Terracoin is one of those very popular small crypto currencies out there at the time. It seriously launched during 2012, making it quite a young coin to use. Yet nonetheless over 150000 transactions have been made with 1.6 million Terracoins. One can give some of their computer capacity to the Terracoin system for the network transaction validation process, actively helping the coin rise in worth. Over 10 exchanges per minute are made, showing how promising a currency Terracoin is.

Ppcoin is the first crypto currency that uses a combined proof-of-stake/proof-of-work system, giving this coin its popularity. You might know this small crypto currency by its other name: Peercoin, yet whatever name you call it by the fact remains that is has been largely successful as of date in releasing economic exchanges from the shackles of bank and country economies.

What is new and exciting about Feathercoin, which boasts to be similar to Bitcoin and Litecoin, is that four times as many coins will be released, promising an increased longevity and showing confidence in the growing crypto currency market. Since crypto currency is doing so well so far, Feathercoin seems to be having the right idea increasing the amount of the coins available in comparison to other crypto currencies, yet still keeping a limit to prevent inflation.