What is YoCoin?
Yocoin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment. This means anyone holding Yo Coin in their wallet will receive interest on their balance in return for helping maintain security of the network.
Do you wish you could secure your future with financial stability in a safe way? Are you tired of Centralized banking and the misleading promises of third party lenders?
Gain financial freedom with a secure and practical alternative to centralized banking. With Cryptocurrency, you are on the path to financial independenceyou have always wanted with a secure method to achieve it. Identity theft, lack of personal connection with banks and incentives that never pay off become unbearable when you want to make your money truly work for you. This is not an investment tool; it is the investment tool you need to jump start your financial security!
Yo Coin(YOC) mining is the process by which new Yo Coin are generated. Yo coin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does.
There are 2 ways you can mine Yo Coin as below:
A. Yo Coin Solo Mining
B. Yo Coin Pool Mining
Once you are ready to mine Yo Coin then it is recommended to join a mining pool. A mining pool are a large group of users who ‘pool’ their recourses together to solve the mathematical solution (finding a block) and the rewards are distributed proportional to work sent to the pool
To mine in a pool you first need to join following mining pool:
You can also profiting from downward movements in YO coin price by selling them at a higher price and buy them again at a lower price and pocketing the price difference. If you wants to profit from short selling, you have to own Yo Coin in the first place. Buy Yo Coin from Yoniex Exchange or other exchange livecoin.net c-cex.com with Bitcoins first.
Why use YOC?
Digital currency will only work if there is a distributed network for it to run on. This requires users to adopt the coin and want to use it. You also need merchants who will accept the coin as a form of payment, and finally you need developers who will create tools, API's and help bridge the gap to make it easy and practical to use.
Anybody can start using YOC to transfer money to friends, family, or to pay for goods and services. Yoc gives you complete control over your money because YOU are the only one who can transfer it from your wallet to another wallet. Without your private key nobody can touch your Yoc , which makes it very safe and secure. You can also stake your and earn interest for helping support the network.
Any business in the world can start accepting YOC for their goods and services. YOC gives merchants more options and flexibility to accept payments from all over the world. YOC is safe, cheap, and easy to use with no charge backs, low fraud and no compliance hoops or banks to deal with. We are also launching a complete plug and play merchant platform that will make YOC even easier to accept.
Calling all Developers! YOC is open source and we are looking for more developers to contribute to our platform. We are building API's that will help with exchanges, wallets, and anything else making the coin easier to use. YOC is ideal for micro payments. With the strength of YOC Network members we believe this coin will be adopted very easily and the ecosystem will be thriving. We would love to have you part of it!
PROOF OF WORK+STAKE
SECURITY METHOD TO SECURE ALL TRANSACTIONS.
100 YOCOIN (YOC) GENERATED EVERY 2.5 MINUTES.
RECALCULATED BASED ON THE NETWORK.
33 MILLION COINS
8 MILLIONS INITIALLY DISTRIBUTED TO ICO.