Top Virtual Currencies 2016
There are quite a few virtual currencies, but these are the top cryptocurrencies for 2016.
The original cryptocurrency is Bitcoin and even though it is not as valued as high as it once was, it is still the most valuable virtual currency. Bitcoin uses a proof of work verification system that is resistant to fraud, but it does use a lot of power.
BlackCoin was created so that the reliability of proof of stake valuation could be – Read more
Fun Facts About Ethereum Virtual Currency
Bitcoin was the most popular virtual currency, but with the price of bitcoin stumbling and disagreements over the crpytocurrency’s future has made some of the major developers walk away from the project. The interest for bitcoin is then waning, but this is not true for Ethereum.
Ethereum is becoming the new and popular choice of virtual currency.
Ethereum is a blockchain based protocol. Here are some fun and interesting facts about E – Read more
Facts about Peercoin
The main features of Peercoin are the low power consumption, different mining than Litecoin and Bitcoin and a .1 Peercoin transaction on each transaction. Here are some facts about Peercoin.
Peercoin Using Different Mining System that Wastes Less Power
A massive shortcoming of Bitcoin is that millions of dollars are wasted mining it. Mining in this regard means verifying new transactions whilst creating new Bitcoins.
Bitcoin works on a proof of work scheme – Read more
Darkcoin has been Rebranded to Dash
Darkcoin has made the decision to rebrand themselves as Dash in order to disassociate it from the illicit activities of the dark web.
Darkcoin is the anonymity focused cryptocurrency is set to change their name to Dash so that they are able to represent their platform better and to make it more accessible to users.
Evan Duffield, the lead developer of Darkcoin has said that this change has come about in part because of the unwanted association – Read more