I just want to remind our loyal readers that altcoins are a dime a dozen, to put it figuratively. Literally, there are scores of altcoins that cost much much less than a dime a dozen. Of the over 150 altcoins out there, only a handful have true innovation. Whether the altcoin has an ASIC-resistant cryptography that preserves the decentralized nature of miners, or a proof-of-work helps advance the bleeding edge of mathematics, only those cryptocoins that offer true innovation will survive in the long run. I’ll go ahead and avoid calling out which altcoins are the equivalent of ‘Bitchcoin’; however, I must point out again that Primecoin (XPM) is one of the more promising altcoins currently in existence and is the very antithesis of Bitchcoin. Even the most ardent naysayers of cryptocoins in general must concede that Primecoin has actually made the world better in a very quantifiable way.
For more Fredo and Pidgin click here!
Have a cryptic day, mis amigos.
Last modified (UTC): December 19, 2013 19:26