Could Peercoin and “Proof-of-Stake” Turn Bitcoin Into The Myspace of Cryptocurrency?

peercoinThe thought alone is blasphemy to some..

As crypto explodes and segregates into multiple camps – all touting the supposed superiority of their respective coins – Things are starting to feel very “tribal”, to say the least.

Discussion of Bitcoin alternatives usually ends up with emotional investment, getting in the way of logical progression.

As much as we support Bitcoin – as not only a high tech financial instrument, but also an ideology – it remains important, especially if there’s skin in the game – to keep the open minded approach that made Bitcoin possible in the first place.

And while it does seem likely that Bitcoin will retain it’s position of dominance in the digital currency realm for the foreseeable future..

Anything can happen, and it’s seems rather prudent at this stage of the game to maintain an unbiased, and open perspective – making sure to logically consider all developments and possibilities.

There is certainly a plethora of both.

One of the more promising of these is Peercoin, a hybrid proof of work / proof of stake coin that attempts to evolve the Bitcoin protocol and in doing so; solve many of the potential problems that could lay on the horizon for Bitcoin.

Below, we’ll attempt to layout the fundamentals of Peercoin, how it differs from Bitcoin, and do what any good crypto enthusiast does: speculate.  [Read more...]

New York Based Coinsetter Could Set New Standards For Crypto-Currency Exchanges.

CoinSetterIf you’ve waiting on the virtual sidelines, waiting for Bitcoin to become mainstream enough to warrant an exchange that provides some level of guarantee that your precious Bitcoins won’t just up and disappear in an unexpected “hack”..

Well, you may be in luck.

CoinSetter looks to be one of the first Bitcoin exchanges that’s built from the ground up with enterprise-level security features.. Something that’s been needed in this industry for some time now.

Crypto is but a wee lad, preparing to take it’s first major strides, and CoinSetter is positioning themselves to be instrumental in it’s growth and development. No doubt that doing so will propel them to be a seriously profitable company.. The first major crypto exchange that gets it “right” will attract new users in droves and become an absolute overnight success. [Read more...]

All About Earthcoin – The Latest Crypto To Hit The Market (And FREE Earthcoins!)

earthcoinIf you even remotely consider yourself a student of economics and marketing..

You’ll want to keep a close eye on Earthcoin, as it fleshes itself out in this already over crowded market crypto-coin market.

Earthcoin is the latest of many alt coins to be released in the past few months, and despite a somewhat rocky start, it’s starting to show it’s strength: good marketing. If Doge has taught us anything – it’s that innovation simply is not needed in order to launch a successful crypto-coin.

Thousands of new users are flooding into crypto as we speak.. in other words.. the window of opportunity is still wide open, and if Earthcoin continues to build momentum, it may just become a long-term contender.

These latest coins are launching into a more matured marketplace than many that have come before them, and that makes for another interesting and vital component of this story.. A more mature marketplace means more people willing to buy young, unproven coins based on previous events in the market, and future predictions of how it will all play out.

But does Earthcoin have what it takes to compete in this explosive alt coin market? [Read more...]

Dogecoin: Wow. Such Good Coin. Many Wants.

DogecoinIf the rapidly expanding market of crypto was starting to bore you.. If the latest rash of media coverage that Bitcoin has received did nothing for you but induce many yawns.. no worries..

Dogecoin has you covered.

Or perhaps you thought that Bitcoin and Litecoin were simply taking themselves just a tad too seriously?

Again.. Dogecoin is there to save the day.

Dogecoin is love. Dogecoin is life. [Read more...]

Restrictions From China Spark Massive Bitcoin Crash.. What’s Next?

bitcoincrash

 

Damn.. That’s ugly.

As always.. It’s been a wild and interesting past few days for the burgeoning, young digital currency markets.. and of course, all eyes on Bitcoin.

Huge Crash.. Slight Recovery.

At the time of writing this, BTC has rebounded slightly up from that landslide of red you see above, and is hovering around the $750 range. This after losing around 50% percent of it’s value in just a few short days, dropping to as low as the upper $5xx range.

As Bitcoin presently remains mostly an instrument of speculation, it’s no surprise that such fluctuations in the market have become almost commonplace. The speculation is, of course, that Bitcoin and possible other cryptocurrencies, are going to become an increasingly disruptive force in the years to come. [Read more...]