Tag Archives: litecoin

Top Virtual Currencies 2016

Top Virtual Currencies 2016

There are quite a few virtual currencies, but these are the top cryptocurrencies for 2016.

Bitcoin

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

BlackCoin was created so that the reliability of proof of stake valuation could be – Read more

Facts about Peercoin

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

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