Wednesday, March 02, 2022 11:20:12 PM
Dec 18, 2017
Sibcoin
Sibcoin, a cryptocurrency positioned as one developed “by the people for the people” is essentially a Dash fork that employs certain innovative solutions. It uses the masternode infrastructure borrowed from its mother coin, however, unlike it, it is ASIC-resistant. Sibcoin also uses government-approved security algorithms that may potentially lead to the altcoin’s official recognition as a digital asset. It has also experienced a skyrocketing price upsurge this year from virtually nil to the current $2.43.
What makes Sibcoin stand out is that it seeks to provide as many services demanded by regular people as possible. Even though it was conceived as a coin for Russian-speaking communities, Sibcoin has gone much further than that and appealed to other communities as well. It offers services like cross-border remittance of fiat money via Sibcoin, and withdrawal of funds to a plastic card. Finally, it partners with other cryptocurrency projects, most notably with BioCoin mentioned above.
All posts are IMHO!
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