Table of Contents

Is Bitcoin Perfect? Page 3

Issues with Bitcoin Page 4
Darkcoin Page 6

Litecoin Page 9
Peercoin Page 1
Dogecoin Page 16
!a"ecoin Page 1#
$hat are the chances an
%ltcoin &asses Bitcoin Page '
(ne "ore issue with %ltcoins Page
2014, Evander Smart, Litecoin and The Altcoin Army
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Is Bitcoin &erfect? (r is it )ust waiting to get &asse*
b+ newer, faster -altcoins.?
Many people worldwide see Bitcoin as a revolutionary, transformational, fiat
currency mega-disruptor that will, that has already, changed the world of
monetary policy and exchange forever. Granted, Bitcoin has won over millions
of early adopters already, and has spawned media hype, meetings in legislature
worldwide, and TV shows and movies to be made about it, but Bitcoin is not
perfect. o currency is. Bitcoin may be far less flawed than any fiat currency
ever created, but some clever software engineers don!t thin" Bitcoin has gone
nearly far enough in changing the world of currency#
$s Bitcoin, %The $nternet &.'% staring at the prospect of being left behind by %The
$nternet (.'%, and beyond, within the next year or two)
$n this special eBoo", we!re going to go over the alternatives to the first and
largest digital currency, Bitcoin, by loo"ing at the competition, and sort out the
strengths and wea"nesses of %The *ltcoins Mar"et%. *ltcoins is the name for
Bitcoin alternatives, and the group as a whole.
+ome are produced in the same numbers as Bitcoin. +ome are built with better
security and consumer protections. +ome are much easier to obtain. +ome gain
value, at this point, much faster than a Bitcoin does. +ome have different
variations of %The Bloc"chain% and it!s transaction ledger.
Issues with Bitcoin so"e "a+ want to a/oi*
,hich one is right for you) +hould you have Bitcoin and an %*ltcoin%) +hould
you choose one of these instead of Bitcoin) $!ll give you the inside scoop so you
can ma"e the right decision on what to trade your dollars for.
Bitcoin has some problems that some owners, or potential owners, may not want
to experience, depending on their wants and needs for the digital currency.
+ome may want to move very large some of Bitcoin around, which would attract
attention on the Bloc"chain, Bitcoin public transaction ledger. $f, in the future,
financial regulators monitor the Bloc"chain, large transactions of more than -''
BT. would attract attention, and may inhibit Bitcoin owners from ma"ing large
transactions, for fear of being followed or traced. $n some ways, handing some
/- Million cash by a suitcase may be much more private than doing the same
with /- Million in Bitcoin on the Bloc"chain. But either way, you!re probably
being watch, or at least tailed.
ow the Bitcoin address itself will not reveal your identity, but depending on the
amount moved, where, and how often, it can create a picture that can be solved,
li"e piecing together a pu00le. $f any transaction lin"s to a company or physical
address, privacy can be compromised, if enough due diligence is done by a (rd
party. The point is Bitcoin transactions are secure, 1ust not exactly private.
2ncoded and encrypted doesn!t mean private. +o maximi0ing user privacy is a
niche that one %*ltcoin% 3Bitcoin alternative currency4 targets the mar"et with.
+ome see Bitcoin as having problems with scalability and overall access to
Bitcoins as limiting, with only &- Million Bitcoin to satisfy a world full of
demand 35.& Billion inhabitants4. +o 1ust the volume alone can be seen as a
Bitcoin wea"ness, so most competitors are loo"ing to increase coin volume by at
least 67. This, in turn, will hurt the *ltcoins value vs. Bitcoin, as it!s abundance
in the mar"et will lower values of each coin, but in the long-term, it may help
mainstream acceptance and overall mar"et access. +o new competitors also
target higher volumes of coins, being mined in shorter intervals, or more often.
*lso, Bitcoin may become a victim of it!s own success, attracting a lot of scrutiny,
attention and regulators. 8egulators who may loo" to attac" Bitcoin!s system to
thwart the masses from converting to a superior, incorruptible, decentrali0ed
system that the government, ban"s, and influential private interests do not
control. Being a maveric", a rebel, and being 1ust plain better creates a whole lot
of powerful enemies, who may wor" together in the future to bring down
Bitcoin. Maybe they can, maybe they cannot, but using an *ltcoin will definitely
lower your financial profile from over0ealous regulators, and that!s not a bad
thing in any scenario.
+o there are legitimate reasons to consider less expensive, less precious, less
famous *ltcoins in this space, so $ will help brea" down the advantages of using
the top four *ltcoins available, as of 9- &'-6, and maybe one is 1ust right for
your financial situation.
Darkcoin 0www1*arkcoin1io2
03tarte* as 4Coin2
(rigin5 63%, Phoeni7, %8 9 :anuar+ 1#, '14
$hite&a&er Link5
htt&5;;www1*arkcoin1io;*ownloa*s;Darkcoin$hite&a&er1&*f
<arket Ca& =alue5 >6? <illion 0<a+ '142
0%bout 1@ of BitcoinAs =alue2
Total hea*e* for circulation5
<illion 0Bitcoin will be 1 <illion1
Pro*uce* e/er+ 1? <inutes2
Current &rice5 >1?1'B 0<a+ '142
0BTC currentl+ about >?1?2
<arket !iche5 <a7i"u" 3ecurit+
$f $ were to grab an *ltcoin, $!d loo" at this one first.
The reasons are:
1. The name is bad-ass!
2. $t!s going price is over /-; as of this writing, which is obviously affordable,
yet shows tremendous growth potential. $t!s only about ; months old, and has
gone from nothing but a computer concept to over /-; in that time. $t too"
Bitcoin almost 6 years to reach that price level, and it has already passed most of
the established players to become the <( digital currency overall# 3Granted,
Bitcoin bro"e new ground, and =ar"coin is essentially riding it!s crypto-coattails
in the mar"etplace4
3. $t stays closest to the original ethos of what crypto-currency could and should
do. $t!s main ob1ective is to protect the user!s financial privacy, and =ar"coin
ta"es all the latest technology to accomplish it!s mission.
This is the view of creator and developer 2van =uffield.

%,hen ma"ing payments with Bitcoin it!s li"e leaving your chec"ing account
open in your browser and everyone on the internet is able to see what you
bought. $t!s really a shame the original development didn!t aim to prioriti0e the
user!s privacy. This is where =ar"+end comes in, we can use this technology to
enhance the personal privacy of users of the networ".%
The main advantage of using Darkcoin is their proprietary form of funds transfer
called Darksend. >ow =ar"send wor"s is if you want to send funds to someone
anonymously, your transaction is merged with another similar transaction, li"e
shuffling a dec" of cards. The recipient gets the amount of =ar"coins promised,
but the nature of the actual transfer prevents trac"ing of the funds from ?oint *
to ?oint B.
?icture a game of (-card Monty and you!ll have the basic idea. More than &
transactions can be used. The larger the transaction, the less effective this
method of transfer will be in hiding the identities of those involved, as it will
become harder and harder to find a similar transaction at the time of transfer.
@ou can also ad1ust the setting to not be so private.
The premise behind Darkcoin is why not have any financial transaction online be
as secure as possible, and why have a Bloc"chain full of eyes on any transaction
you ma"e, if you do not wish) @ou can have maximum security and ease of use.
The best of both worlds, except that virtually no merchants are accepting
=ar"coins currently
Abviously the main downside is lac" of infrastructure that the popular Bitcoin
has built over ; years. =ar"coin is ; years behind the curve in real-world
usefulness of the actual currency.
There is 1ust one issue with =ar"coin, and that is the BMaster nodesC. The
Master nodesC are the ones who help create the B=ar"sendC transactions, and
help mix the transactions together, so they can!t be traced bac" to the sender of
origin. >owever, the issue here is who is preventing the BMaster nodesC from
accessing the transaction information)
Cloakcoin 9 0htt&5;;www1cloakcoin1co"2
(rigin5 :une, '14
Total Cea*e* for Circulation5
41? <illion Coins
There is a new coin called .loa"coin that can provide, according to them, fully-
encrypted anonymous transactions without parties therein accessing the users
financial information. They seem ready to ta"e security and anonymity to the
next level, total encryption, without compromise#
>ere!s a cool article from .rypto.oinsews on .loa"coin, and they get the
inside scoop from BThe =aggerC, the developer of .loa"coin:
http:DDwww.cryptocoinsnews.comDnewsDcloa"coin-developer-discusses-
anonymous-transactionsD&'-6D'5D(')
utmEsourceFrssGutmEmediumFrssGutmEcampaignFcloa"coin-developer-
discusses-anonymous-transactions
Litecoin 9 0htt&s5;;litecoin1org2
(rigin5 63%1 (ctober Bth, '11
<arket Ca& =alue5
3'? <illion 0%bout ?@ of Bitcoin2
Total Cea*e* for Pro*uction5
#4 <illion 044 BTC2
Pro*uce* e/er+ 1? <inutes
Current &rice5 >1'16?
<arket !iche5 Dre*o to BitcoinAs <ichael
Hitecoin is silver to Bitcoin!s gold in the mar"etplace, and it!s even played out in
their logo designs# +tarted in &'-- by a former Google employee, Hitecoin has
seen decent mar"etplace acceptance, and has attained <& status overall among
digital currencies, and stands only behind Bitcoin.
$t is produced at 67 the rate of Bitcoin, to give it more elasticity in the long-term,
theoretically. The thought is people would rather own ten or twenty of a
currency, not one or two of a currency, and it will attract people trained over
many generations to collect money in bul", not in small numbers.
$t has generated considerable positive press from ma1or media outlets as a
possible successor to Bitcoin, but that would be only if BT. falters, which doesn!t
seem to be in the cards anytime soon.
Being that it is mined a four times the rate that bitcoin is, the system confirms
transactions four times as fast, in &.; minutes, instead of as long as -' minutes
for Bitcoin 3Isually much sooner4. This means if you are a merchant accepting
Hitecoin, the transactions you run are processed four times as fast a Bitcoin
transaction, creating value for merchants to accept it along with Bitcoin. +peed
and convenience mean a lot to the average merchant, and consumer.
,hat Hitecoin also does effectively is gives an affordable option to Bitcoin. $t
can play the support role very effectively. @ou don!t have to pay hundreds of
dollars for one, less chance of governments and regulators coming down on you
in the future, and it can ride Bitcoin!s wave to the mar"et acceptance of
merchant!s worldwide with little blowbac".
The issue with Hitecoin is %The etwor" effect% of Bitcoin casts a huge shadow
over Hitecoin, as Hitecoin is going after the same customer as BT.. There can be
only one leader, and Bitcoin has easily assumed that role, and the merchants,
investors, and miners have responded in "ind. There hasn!t been a great deal of
demand in history for the &nd best currency available at any given time, and
Hitecoin is definitely Jredo to BT.!s Michael .orleone.
*nd it doesn!t do anything a Bitcoin doesn!t. $t!s main mar"et advantage is it!s
lower price point. $t!s not strong enough to compete with BT., and not an
effective niche product li"e =ar"coin or ?eercoin, which we!ll go over soon.
Peercoin 9 0htt&5;;www1&eercoin1net2
0%lso known as PPCoin2
(rigin5 %ugust 1, '1
Total Cea*e* Dor Circulation5
6nli"ite*, but regulate* for 1@ annual inflation
Currentl+ <illion in circulation
Peercoin $hite Pa&er
htt&5;;www1&eercoin1net;white&a&er
<arket Ca& =alue5 >4B <illion
Current Price5 >1' 0<a+ '142
<arket !iche5 C+bri*;Eco9frien*l+ &ro*uction
$elco"e to PeercoinAs Digital Currenc+ C+bri* Dri/eF
The world!s <( most valuable *ltcoin, ?eercoin, ta"es a more uniKue approach
to bloc"chain maintenance and long-term sustainability. $t combines the
already proven effective %?roof-of-wor"% algorithm from Bitcoin, then adds
%?roof-of-sta"e%, which factors in the amount of time the currency is held, and
the amount of currency held.
?roof-of-sta"e is a strategy for securing a digital currency organi0ed through
as"ing clients to show responsibility for certain measure of cash. $t is not the
same as proof-of-wor" framewor"s that run hashing calculations to approve
electronic transactions. $t is most normally utili0ed as a supplement to proof-of-
wor" in ?eercoin and a couple of other electronic coinage.
?eercoin!s proof-of-sta"e framewor" is based around the idea of %coin age,% a
measure of the result of the money sum held times the measure of time it has
been held for. *t the point when creating a proof-of-sta"e sKuare, the client
sends some cash to themselves, expending their coin age in return for a preset
pri0e. This printing transaction gets less averse to succeed until a substantial
piece is discovered, producing another sKuare on the Bloc"chain and a payout
for the demonstrating client. This procedure secures the system and
continuously transforms new coins without expending huge computational
force, saving energy throughout the system.
Both proof-of-wor" and proof-of-sta"e pieces are utili0ed within ?eercoin, in
spite of the fact that the primary Bloc"chain is dictated by the most noteworthy
aggregate expended coin age 3from proof-of-sta"e era4 rather than the aggregate
1oined trouble of the chain 3controlled by proof-of-wor" sKuares, as in Bitcoin4.
?eercoin!s main engineer, +unny Ling, says that this ma"es a malignant ambush
on the ?eercoin Bloc"chain system more unli"ely to succeed. 3+ee ,hite paper
reference guide lin" above.4
* research paper from .ornell Iniversity goes over a potential flaw in the
Bitcoin Bloc"chain that ?eercoin!s system eradicates through it!s protocol.
$f a group of miners can generate ;-M of the total .?I power currently on the
Bloc"chain 3* HAT of computing power#4, then, in theory, they can %for"% the
Bloc"chain, and ma"e their own more powerful Bloc"chain, where they can be
as selfish as they want. ot follow Bitcoin security protocols, double-spend
Bitcoins, and limiting use of others Bitcoins.
$n other words, if let!s say a government, hell-bent on destroying any
competition to their currency, wanted to %disrupt the disruptor%, the Bitcoin
Bloc"chain, what they could do is generate at least ;-M of the total computing
power of the Bloc"chain, assuming proxy control of it, for at least -' minutes.
The Bloc"chain basically resets itself every -' minutes, so how long a usurper
could control it without the Bloc"chain countering the attac" may end up being
negligible. But, in theory, it could be overrun by a hac"ing (rd party.
.onsidering the fact that Bitcoin!s Bloc"chain uses over &;'7 the computing
power of the worlds Top ;'' +upercomputers combined, and growing
thousands of percent a year, this scenario is becoming more and more a fairy
tale than any part of a future reality, but it is a legitimate selling point, non-the-
less.
+o running a hybrid Bloc"chain program featuring BAT> %proof-of-wor"% and
%proof-of-sta"e% protocols adds a variable that would severely limit the ability to
corrupt or overpower the Bloc"chain. $t would force the usurper to actually buy
up ?eercoins instead to assume control, and then reduces the desire to destroy
the Bloc"chain because they would lose their own investment. *nd then the
Bloc"chain can always be rebuilt, or others would move into the space to replace
it, so it would turn futile over time.
+haring the security and processing through %proof-of-sta"e% also reduces the
need for hardware-heavy %proof-of-wor"% hashes, consuming far less energy
than the Bitcoin mining competition produces.
*nd unli"e other coins, as the hashing difficulty increases over time, users
continue to be rewarded with coins generated by the additional %?roof-of-sta"e%
algorithm. *nyone holding -M of the currency will be compensated with -M of all
%?roof-of-sta"e% coin bloc"s. ?eercoins also have a standard value transaction
fee for every transaction of .'- ?eercoins.
+o ?eercoin definitely has some novel approaches to Bloc"chain security that are
not available on Bitcoin. $t would seem that ?eercoin is loo"ing to model the
dollar in it!s production and value, with over && Million coins already in
production, inflation built into the program, and no production limits set.
.urrently, supply has outstripped demand, as it!s price is little different than the
newer, smaller, more niche Darkcoin, which has only about 6 Million coins in
circulation.
Dogecoin 9 0www1*ogecoin1co"2
Pronounce*5 Doh9)9coin
(rigin5 Dece"ber #, '13
Total nu"ber "a*e for &ro*uction5
B? Billion currentl+ a/ailable
01'' Billion b+ the en* of '14, &lus ?1 Billion annuall+2
<arket Ca& =alue5 >3? <illion
Current Price5 >'1'''4 63D
Dogecoin, let "e gi/e +ou a ti&1
=ogecoin has Kuic"ly moved into the top five of all *ltcoins on the mar"et, but
it!s seems to be more a matter of timing, and dog as the mascot over any
legitimate mar"et value or innovation.
The coin is seriously overproduced, at over 5;,''',''',''' made over 1ust the
last ; months, and billions more on the way. The value of each coin is down to
fractions of a penny, and with more coming, it!s value can only drop. $t does the
exact opposite of Bitcoin, by saturating the mar"et fast.
The dog!s face is a "ey mar"eting feature, and accounts for most of it!s appeal. $f
$ showed you a Hitecoin and a =ogecoin in my hand 3they are not real physical
metallic coins, you understand, 1ust digital representations4, and as"ed you
which one you would want, you would grab the golden coin with the dog on "it,
over the silver coin with no animal mascot of it!s own.
The most popular current use for the =ogecoin is as a means of exchange for
tipping those who provide Kuality content online. $t is fully compatible with all
operating systems and >TMH ;-ready. *nd it may be the most attractive coin
for the total novice to bond to, 1ust as a total novelty. but it seems destined to
burn through that novelty phase as fast as it can.
,hen the first most-as"ed Kuestion is B>ow do you pronounce it)C 3=oh-1-coin4,
and the second Kuestion is B,hat "ind of dog is that) 3The Napanese +hiba $nu4,
you shouldn!t expect to slay any financial dragons with this one.
This one seems destined to become digital currency!s version of %The ?et 8oc"C.

!a"ecoin 0www1na"ecoin1info2
Date of (rigin5 %&ril 1#, '11
Total coins &ro*uce*5 1 <illion
03a"e as Bitcoin, &ro*uction will hal/e e/er+
4 +ears, also the sa"e as Bitcoin2
<arket Ca& =alue5 >' <illion
Price5 >1? 0<a+ '142
<ight !a"ecoin be the altcoin of the future? Little 1bit
amecoin is now 1ust over ( years old, and has actually been passed in value
and by newer coins li"e Dark coin. $t is an exact replica of Bitcoin in virtually
every way, from production limits to how it uses Bloc"chains 3$t heralds itself as
the first Bfor"C in the original Bloc"chain from Bitcoin4.
The uniKue value proposition it brings to mar"et is an ability to decentrali0e the
=+ system, or =omain ame +ystem, as well as decentrali0ing currency as we
"now it.
This may come in handy down the road if you have a website, and a centrali0ed
third party, li"e a government body, loo"s to co-op the $nternet and occupy
centrali0ed $nternet servers and =+ systems li"e Go=addy or Google .hrome.
$t provides extra security from online piracy, government centrali0ation and
hac"ers by creating an open-source =+ system that is 1ust as tough against
infiltration as The Bloc"chain itself.
The overriding idea is if, and when, Bitcoin ta"es off, the next big thing will be
decentrali0ed servers, =+ and website protection through open-source =+,
versus corporate systems that can be attac"ed by (rd parties. $n effect, it is a
Bitcoin with itOs own domain, called .bit.
The .bit domain costs .'& of a amecoin, and an also be purchased through
some providers who subscribe to the amecoin bloc"chain. amecoin is betting
on long-term upheaval of the current $nternet =+ and the mainstream
adoption of Bitcoin to carry it into the future.
The answer is not very good. Jor one, they all used the Bitcoin bloc" chain and
cryptography model that Bitcoin innovated, so they are all derivatives of Bitcoin,
if not exact copies. $t would be li"e Michael Nordan having a "id, and then the
"id becomes a better bas"etball player than Nordan was. =onOt bet on it.
,hat is more possible is that something befalls Bitcoin and damages itOs
reputation or brand. Mainstream media has already been pretty biased in their
approach to Bitcoin, not reporting the mar"et acceptance and innovations, but
ma"ing sure to point out any issue in the mar"et that pops up. BitcoinOs biggest
threat is most li"ely not another *ltcoin, but a private interest, well-funded
smear campaign, or government attac"Dta"eover of some sort. Being the biggest
and most accepted crypto-currency has made Bitcoin a mar"ed coin, if you will.
There are plenty of establishment factions that have a vested interest in ta"ing
Bitcoin down.
Aver the last ( years, no *ltcoin has shown themselves to be any type of
mar"etplace threat to Bitcoin, and Bitcoin has only gotten stronger through BThe
etwor" 2ffectC, as itOs popularity only attracts more new businesses, venture
capitalists, and consumers to itOs brand. The competition has been relegated to
BnicheC status, and have few true innovations to separate themselves from the
crowd. The only opportunity is if Bitcoin stumbles and falls, and another coin
assumes the top spot, by default.
Ane more wea"ness that could be exploited by the alt coin mar"et, but has not,
is the fact that Bitcoin does not seem to have any substantial mar"eting
department, belying itOs decentrali0ed nature. The Bitcoin Joundation does
some educational wor" in ,ashington, lobbying politicians , but there is no
mass-media mar"eting infrastructure for Bitcoin as a brand.
,ith the decentrali0ed nature of this new coin mar"et, no entity may want to
ta"e the burden of promoting and aligning themselves with any digital money.
The creator of BitcoinOs technology, +atoshi a"amoto, has seen fit to avoid the
spotlight, and the target on his bac", for good reason, if you followed the
ewswee" cover story scandal, when they said they found Mr. a"amoto, and
actually 1ust found someone who shared his name 3*ctual first name is =orian4.

The inept B1ournalismC, publication of his home address, and attention of the
authorities mad him a mar"ed man of mista"en identity. The Bitcoin
community, of a very charitable nature as always, sent him more than /&'" in
donations to help him with his legal troubles caused by the errors of ewswee".
Aver the next decade, youOre sure to see plenty of *ltcoins, maybe tens of
thousands, that will loo" to target every potential demographic. Jrom "ids
ma"ing their own *ltcoins for their classmates, to gamblers and online gamers
loo"ing to create sports-team related or video game-based coins to sell in their
online forums.
*@ currency only has true value if enough people believe in it, the same as any
paper currency we currently use. But paper currencies are losing value
worldwide, and economies are collapsing because of their mismanagement. This
will only strengthen the alternative currency mar"et going forward.
(ne "ore issue with %ltcoinsG11
Generally spea"ing, to purchase an *ltcoin, you will need to go to a currency
exchange for Bitcoin 3see BT.-e or .ryptsy4, set up an account to purchase
Bitcoin, buy Bitcoin, T>2 T8*=2 your Bitcoins in said exchange for the
*ltcoin of your dreams. There hasnOt proven to be a secondary mar"et for
*ltcoins independent of Bitcoin yet, so this also hurts the appeal of *ltcoins,
being actually dependent on the biggest digital currency in the land 1ust to get
acKuired in the first place. >opefully, these exchanges will add a direct purchase
option in the near future.
The best alternative is to use 8ipple, which is a decentrali0ed online exchange
that will let you exchange everything from dollars and yen, to Bitcoins, Hitecoin,
and any digital currency, to freKuent flyer miles and mobile minutes, all without
chargebac"s, and with consensus from their ledger within ; seconds# Thin" of it
as a ?ay?al that accepts any currency on 2arth for exchange. They also use their
own form of digital currency, B8ipplesC, as an altcoin as well.
What do I think will be the future of Altcoins?
,ell, number one, digital currency, or Bcrypto-currencyC, is here to stay, and itOs
not going anywhere# There are enough smartphones to arm every man, woman,
and child on 2arth, much less all the laptops, des"tops and tablets, so there will
always be $nternet, which the digital currency uses as a mode of transport.
Bitcoin, or BT. as it!s legal abbreviation, will always be the BLing of .oinsC. $t!s
Betwor" 2ffectC and established ground-brea"ing design, which many of the
altcoins either emulate or build from themselves, plus it!s funding and
leadership behind it will stand the test of time. But altcoins will definitely have a
nice place in the future of digital currency. Thin" of the future relationship in
dollars and cents. Bitcoins would be dollars, but there is plenty of Kuarter,
dimes, nic"els and pennies around that have usefulness, under certain
circumstances.
Bitcoin currently has around P'M of the overall digital currency mar"et. But
there will be a couple of currencies that will ta"e -'--;M for themselves over
time, and may even eat away an extra ;M from BT. over time, and $ believe
those will be Hitecoin and =ar"coin.
Hitecoin is already accepted in many commercial venues, and merchants li"e it!s
Kuic" transaction-friendly pace 367 faster overall than BT.4. *nd it is a fraction
of the price. ?eople have been trained over thousands of years to want to hold
onto a Bunit biasC when it comes to money or currency. Unit bias meaning
would you rather hold &' fractional units of a Bitcoin, pennies on the coin, as
BT. may become worth well over -',''' I+= per coin, as $ go over in my boo"
Bitcoin Bonanza, or would you rather hold &' full Hitecoins for the same
amount) Many people would rather have whole units of currency. +omethin
analogous to holding twenty dollars in your hand over &' nic"els in your hand,
even if they have the same actual value in relation to each other. +o that is the
value Hitecoin brings to the table.
=ar"coin wor"s differently, in that it!s primary function is user security,w hich is
attractive to many different user and demographics. $t holds the original idea
behind Bcrypto-currencyC most fervently among all altcoins. $t may have less
commercial appeal, and more of a negative stigma from media and
governments, but it!s similar price point to Hitecoin will help it be a better
transactional currency that BT.. $t will 1ust be less mainstream than HT..
But the most secure of any genre will always have appeal, especially when it
comes to a person!s financial well-being, so only expect continued interest in
=ar"coin in the long run. ?lus, it!s 7-- mining algorithm also ma"es it about
('M more energy efficient that BT.!s Bproof-of-wor"C, allowing new miners to
1oin easier, and environmentalist to have an attractive alternative, without
sacrificing a strong appreciation in value, li"e ?eercoin forces users to.

+o $ hope this introduction to the *ltcoin mar"et has been of service to you.
$t should give you a foundation to wor" from when deciding how to enter the
digital currency mar"ets.
Jeel free to contact me on Jaceboo" 3www.facebook.com/evandersmartfanpage 4
for more information on Bitcoin, and digital currency in general, and Bitcoin in
particular 3$ am a Bitcoin owner, and have not entered the *ltcoin mar"et4.
$f $ can help you in any way, let me "now. >appy trading#
Evander Smart