FX.co ★ Top 12 unusual altcoins
Top 12 unusual altcoins
The world of cryptocurrency is constantly changing: some virtual means of payment disappear, others - appear and become popular. Among the usual digital assets, you can find several unusual ones surprising with their symbolism. We suggest that you familiarize yourself with such coins.
Golden loaf
The first place among the most strange virtual currencies can be awarded to a coin with the image of Ukrainian leader Viktor Yanukovych. On it, the former head of state is depicted next to a loaf made of pure gold. This bakery product was a symbol of corruption and money-grubbing.
Coins for Confession
Other non-standard virtual means of payment include tokens intended for confession. According to the developers, the words of remorse recorded at a certain point in time will forever remain in the blockchain system. The anonymity of this procedure is guaranteed, experts emphasize.
DogeCoin
Dogecoin (DOGE) cryptocurrency appeared in 2013. It has a completely copied LiteCoin algorithm with some changes. Currently, it works on the Scrypt algorithm. The famous meme of the dog of the Ciba Inu breed became the symbol of the coin. In 2014, the developers of the cryptocurrency made a number of changes to the project including fixed remuneration and unlimited money issue.
42coin
The digital currency with an unusual symbol, 42, was created in 2014. Developers consider the 42coin cryptocurrency an alternative to LiteCoin. The peculiarity of this digital asset is that it can generate only 42 coins. According to the developer of the virtual means of payment, this cryptocurrency will be revolutionary because of its rarity and high generation speed of the unit which is 42 seconds.
ZetaCoin
ZetaCoin (ZET) is considered an analog of bitcoin. It was developed in 2013. The issue of ZET is limited to 160,000,000 coins per year with an inflation of 1,000,000 coins per year. This digital currency is characterized by faster transactions than bitcoin, as well as a change in complexity.
NameCoin
The NameCoin (NMC) digital currency is a direct analog of bitcoin. It uses the same hashing algorithm, SHA-256. It was created in 2011. It can be obtained simultaneously with the cryptocurrency No. 1. The number of NameCoin coins is similar to the number of bitcoins and reaches 21,000,000. NameCoin is an alternative cryptocurrency with its own domain zone which supports and implements the principle of decentralization.
PeerCoin
Developers of the PeerCoin (PPC) cryptocurrency began to use the principle of POS (Proof Of Stake) for the first time in the history of digital currencies. Thanks to this, the system is resistant to most cyber attacks. The year of the foundation of this virtual means of payment is 2012. PeerCoin uses the SHA-256 function as a hashing algorithm. The founders are working on a new version of Peercoin which provides for the emergence of special keys for creating coins.
EmerCoin
The EmerCoin (EMC) digital currency is a hybrid of two cryptocurrencies, NameCoin and PeerCoin. The system focuses on POS-generation which guarantees the safety of coins in users' wallets. The emission is limited to 1,000,000,000 tokens. EmerCoin developers use the STUN protocol to determine IPs of clients. This gives an advantage in terms of network stability, as it is provided by more than 89 STUN-servers.
BlackCoin
The BlackCoin (BLK) cryptocurrency operation is based on the Proof-of-Stake/PoS principle and cannot be generated through mining. Created by a Russian developer in 2014, it is an open source system. The BlackCoin multipool combines the capabilities of all members of the community to ensure the mastering of other digital currencies. These altcoins can be exchanged for Bitcoin.
Feathercoin
The Feathercoin (FTC) digital currency, released in 2013, has a fully copied algorithm of Litecoin. In its technical part, there are a number of small changes. The Feathercoin issue is limited to 336 million coins. On the Internet, there is an impressive list of online stores that accept Feathercoin as a means of payment.
Vertcoin
The importance of the hashing algorithm in the work of digital currencies is confirmed by the creation of Vertcoin (VTC), a cryptosystem based on the Scrypt-N algorithm. The difference between this algorithm and Scrypt is that it works with a variable value of N which is responsible for the amount of memory used in the calculation. The total number of coins is 84,000,000.
NovaCoin
NovaCoin (NVC) can be obtained in two ways: through equipment and using coins already available in the wallet. These principles of operation are called POW- and POS-generation. Thanks to them, the system is resistant to most cyber attacks. Initially, NovaCoin's algorithm was copied from Peercoin, but then, it was heavily modified. Scrypt is used as a hashing algorithm.