Bitcoin Isn't The Only Cryptocurrency. Get To Know Vericoin

Posted May 14, 2015 by thomasshaw9688

One of these new currencies is VeriCoin which is also the first altcoin to be accepted by merchants, anywhere Bitcoin is accepted.

For Immediate Release:

May 15, 2015: A cryptocurrency is a decentralized transaction system that generally allows people to send currency to one another over the internet without the necessity of a reliable outsider such as a bank or financial institution. The transactions are economical, and in lots of circumstances, they are free. The implication of this is often done by everyone having an entire copy of all the transactions that have ever happened with Bitcoin. This produces a remarkably strong network, which implies that no one can change or reverse any of the transactions. Bitcoin is a type of cryptocurrency that is autonomous from traditional banking and came into circulation in 2009. Bitcoin is undoubtedly the most recognized digital currency that depends on computer networks to fix complicated numerical issues, file and so as to confirm the details of each transaction made.

Bitcoin is the first and the most accepted cryptocurrency in the world but definitely not the sole one. After the achievement of Bitcoin, many new currencies emerged in the digital world, mined through computer systems belonging to users throughout the world. One of these new currencies is VeriCoin which is likewise the first altcoin to be acknowledged by merchants, anywhere Bitcoin is accepted. Any merchant or service that takes Bitcoin as payment can automatically accept VeriCoin via VeriBit. So, it’s simple to include VeriCoin in your daily life. Crypto currencies are rich of technologies and complication but most of them are not so simple to use. VeriCoin is benefiting from this largely available potential and launch a cutting-edge feature that enables the better part of the world to make use of VeriCoin nearly irrespective of class and country.

With VeriSMS they give out a text message based gateway and wallet system that links the cellular network to the VeriCoin network. VeriCoin users can load VeriCoins onto this wallet and use the SMS network to make transactions all over the world. So it’s feasible to deliver and receive VeriCoin from phone number to phone number without touching a computer. Using VeriBit it is possible to spend VeriCoin everywhere Bitcoin is accepted. Apart from Bitcoin itself, VeriCoin is the most spendable digital currency directly from the wallet. VeriCoin is a Proof of Stake Time altcoin, the next generation of the Proof-of-Stake protocol that has a changeable interest rate which varies according to the number of coins are staking. This enhanced Proof-of-Stake method will make stake distribution fairer and increase overall network security.

About The Company:
VeriCoin is the most spendable digital currency directly from the wallet and is accepted by merchants, anywhere Bitcoin is accepted. More information about VeriCoin you can find on its official website

Contact Details:
Author Name: Jan Wieczorek
Business Name: Vericoin
Local Address: Worldwide
Company Mail: [email protected]

-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Jan Wieczorek
Website Proof of Stake Time
Country United States
Categories Finance
Tags cryptocurrency
Last Updated May 14, 2015