“So far, one feature has been more important than any other in helping any altcoin build user buy-in: honest, transparent, and relatively selfless behavior by its developers. Litecoin lead developer Charlie Lee made great efforts to ensure cryptocurrency supporters’ awareness and access at Litecoin’s launch, when any cryptocurrency is easiest to mine. In part thanks to this push for fairness and openness, litecoin is now the second-biggest cryptocurrency after bitcoin. Creator Sunny King similarly released the sourcecode for his peercoin nine days before mining opened in August of 2012. Peercoin is currently the third-ranked cryptocurrency.”
http://finance.fortune.cnn.com/2013/12/24/bitcoin-altcoin-cryptocurrency/
Related posts:
Brazilian district bans sales of toy guns to ‘change the culture of violence’
Buffett Says Banks Free of Excess, Pose No U.S. Threat
'My business accepts Bitcoins'
Federal Lawsuit Questions if Washington State Can Tax Marijuana
West Virginia residents sickened after exposure to 'safe' water
Google pulls listening software from Chromium
Idaho Town Struggles After Chinese Factory Fails [2013]
Snowden’s surveillance leaks open way for challenges to programs’ constitutionality
Network of satellite guardians in space keep an eye out for natural disasters
Phishers Divert Home Loan Earnest Money By Altering E-mails
Chinese Hackers Could Face Aggressive Action From U.S. Over Cyber Attacks
Bitcoin gets the FBI, Homeland Security treatment
Hiring Spreads, but Only 14 Cities Top Prerecession Level
$1M in forgivable loans offered to rehab seized Marygrove homes
China's New Target: Batteries