“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/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Vietnam says bitcoin transactions are illegal
Idea of Euro Exit Finds Currency in Portugal
Online Casinos Hobbled as Credit-Card Issuers Reject Bets
Putin Shows Global Mojo to Russians as U.S. Fumes Over Snowden
Border Patrol Recorded Joking About Children Sobbing For Their Parents
Aborted babies incinerated to heat UK hospitals
Trump signs U.S.-Taiwan travel bill, angering China
Family of Woman Who Led Cops on Capitol Car Chase Suing Police
Americans Renouncing Citizenship Up 221% In 2013
Hundreds of protesters in Toronto call for Mayor Rob Ford to resign
Hedge Funds Gear Up for Another Big Short: High-Yield Bonds
European Union Stripped of AAA Credit Rating at S&P
French and Russian warships 'head for Syria'
Chinese investors go crazy for Bitcoin
U.S. Attorney General Warns of Criminal Appeal of Bitcoin