Submitted by: Submitted by abashely
Views: 120
Words: 555
Pages: 3
Category: Science and Technology
Date Submitted: 02/13/2014 01:59 AM
LOT Coin A new cryptocoin to compete with bitcoins as online cryptocurrency
1888 PressRelease LOT Coinis new cryptocurrencies in it's infancy stage, but is quickly thriving in the online. There are many reasons why developers are choosing to use LOT Coin over some of the already established cryptocoins. San Francisco, CA On January 2014, the U.S. Department of Justice official describing Cryptocurrency as "a legal means of exchange." Many businesses around the world have since then started accepting cryptocurrency payments. The market is open as investors search for an alternative to traditional financial investing and the buzz continues to grow! Since Cryptocurrencies began with the first launch in 2009 they have not looked back. Bitcoin was the first and the most popular but is far from the only one. Recent years have seen the growth of numerous Cryptocurrencies one of them being LOT Coin (LOT). One of the fastest growing cryptocurrencies, LOT Coin is taking the lead for a number of reasons. With no fee to use and faster transaction time, many developers are choosing LOT Coin over bitcoins. What Else About LOT Coin ? The choice for winners, LOT Coin is a p2p crypto coin based on scrypt PoW, descendant of Litecoin, making it a great crypto coin for online. Creating random coins between 256 and 65536 (256*256) coins per block, it also generates random superblocks for minders to get a chance to find 1,048,576 coins for the block with a Semi Daily Block for 262,144 coins and an Hourly Block for 131,072 coins. Bitcoins and other cryptocurrency have been rising in number and are being seen as a legitimate means of exchange online as the technology behind them develops. It is a fast, convenient, and discrete method for completing a transaction. A great alternative coin for sites, more and more companies are turning to LOT Coin for their platforms....