There’s another digital currency in town, and its name is YoCoin.
The question is: Can YoCoin give bitcoin a run for its money? We’ll have to wait and see. But YoCoin is pitching itself as a “new cryptocurrency with mainstream appeal.”
“Unlike most of the alternative cryptocurrencies, YoCoin is a decentralized, peer-to-peer digital currency based on the Scrypt mining algorithm, making it far more accessible than bitcoin is when it comes to mining. Anyone with a decent graphics card in their computer can start mining YoCoin at home with little effort,” the company wrote in its news release.
“With wallets available for Linux, Mac OS X and Windows, no digital currency enthusiasts are left behind. For those looking to buy YoCoin, there are several exchanges to choose from. YoCoin is actively traded on exchanges such as C-Cex, SafeCex, Alcurex, CoinExchange, Bloombit and others.”
YoCoin is being marketed specifically to millennials since the company believes they