Howdy Steemians!
<p dir="auto">Latest cryptonews have arrived. <p dir="auto">I bring thee - <strong>Chaincoin - the latest boom in the cryptomarkets! <p dir="auto"><img src="https://images.hive.blog/768x0/https://steemitimages.com/DQmfASfNSzzNZbnCdpJDtnrWB45DB6GsTX5LoJv4k4xXsyB/chc0.png" alt="chc0.png" srcset="https://images.hive.blog/768x0/https://steemitimages.com/DQmfASfNSzzNZbnCdpJDtnrWB45DB6GsTX5LoJv4k4xXsyB/chc0.png 1x, https://images.hive.blog/1536x0/https://steemitimages.com/DQmfASfNSzzNZbnCdpJDtnrWB45DB6GsTX5LoJv4k4xXsyB/chc0.png 2x" /> <p dir="auto">Chaincoin has had a <strong>whooping 175% rise (at the time of writting this post) <p dir="auto"><h3> But... Just what is Chaincoin? <p> <p dir="auto">This time, there will be a simple overview which I will divide into 4 categories: <p dir="auto"><h4>#1 Coin Specifications <br /> No pre-mine - no one got the coin before it was out!<p> <pre><code>CPU/GPU mining 11 hashing algorithms chained 16 coins per block (currently 8 per block) Reward halves every 700800 blocks (2 years) Block time: 90 seconds Total coins: About 23 million 25% of reward goes to masternodes P2P Port 11994 RPC Port 11995 <p dir="auto"><h4> #2 Why should you invest in Chaincoin <p> <p dir="auto">ChainCoin is a viable alternative to current centralized banking, a currency with real world decentralized application. <p dir="auto">When it comes to banking, and controlling our own money, we have limited options - very limited if you think about it. <p dir="auto">ChainCoin is a currency, established in 2014, offering freedom from centralised banking allowing you to use digital currency in the real world. <p dir="auto">And what does this mean for you? Well, ChainCoin will be easy to use as your local bank. Put money in, pull money out, spend your money, and best of all, your ChainCoin works for you 24/7. <p dir="auto"><h4> #3 What are the plains for Chaincoin A.K.A. Roadmap <p> <p dir="auto">Coinchain has all sorts of events planned out occur in 2017 and 2018! <p dir="auto">Some of them are yet to occur, yet this cryptocurrency is gaining terrain very fast. Could it be the next Ethereum? <p dir="auto"><strong><span> You can check out their roadmap here: <a href="http://www.chaincoin.org/development-roadmap/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">http://www.chaincoin.org/development-roadmap/ <p dir="auto"><h4> #4 Useful links <p> <p dir="auto"><strong> Masternodes <p dir="auto"><span>What is a masternode ? - <a href="http://www.chaincoin.org/what-is-a-masternode/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">http://www.chaincoin.org/what-is-a-masternode/ <p dir="auto"><span>How to Setup Up masternodes - for both Windows and Ubuntu - <a href="http://www.chaincoin.org/how-to-set-up-masternodes/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">http://www.chaincoin.org/how-to-set-up-masternodes/ <p dir="auto"><span>Masternodes ROI - you will like this one! - <a href="http://www.chaincoin.org/chaincoin-roi/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">http://www.chaincoin.org/chaincoin-roi/ <p dir="auto"><strong> Chaincoin Wallet <span> - very important - <a href="http://www.chaincoin.org/chaincoin-wallet/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">http://www.chaincoin.org/chaincoin-wallet/ <p dir="auto">Is Chaincoin worth it? What about Projext X-Chain? <p dir="auto">Should we go into more details? Tell us what you think - and if you liked the post, check below! <p dir="auto">Love, Nex <p dir="auto"><a href="https://steemit.com/@plainbroadcast" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/0x0/https://steemitimages.com/DQmTiCwPX5Eh6J9TrHZ9Aki1E8u7jM6gc2LqvycQ91JFrjQ/followbutton.gif" alt="followbutton.gif" /> <p dir="auto"><br /> Wanna fund the project?<span>Resteem and UPVOTE <a href="/@plainbroadcast">@plainbroadcast the Mining Project for Cryptonews and Mining TIPS! <p dir="auto">Every week we will top vote our donations and we will look for some way to pay you guys back! :) <p dir="auto">ETH: 0x50047f79dd2D3035eF8eE3A3d9D5A74777801507 <p dir="auto">STEEM: STM8k1rqZWQhiZWvR7QXgRPAGYw6NyrvrQ5uJwDsYKo4NXxvuuKebw <p dir="auto">BTS: plainbroadcast <p dir="auto">BTC: 13PAD9NX8oVX3Sn1QyU6MHNTLF7C4gdTVR <p dir="auto">SIA: 5d2c502cfbfb6eba1596aca4629c8d9696d554520ec3612088516334e02bc6941238dc9d8f78
Only reason for the hype on chaincoin recently is the new Pump and Hodl movement. You are probably going to see this for other masternode type coins as well. The idea is for a community of people to buy up all the coins they can in turn running multiple masternodes and making some extremely nice passive income. Upon them buying up all the coins will leave more of a demand as there is limited coins in circulation. Demand is rising as is the price. Not to mention the extreme FOMO that went on a few days ago before someone decided to dump big. Looks like its back on the up again today. I am all for PUMP and Hodl groups as long as they are completely public and I can get in at the ground floor :)
wow, 23 days later this coin seems dead as a doornail. of course if you got in at the beginning i guess you are still up.
for me it looks odd and like a typical pump & dump story. There is Max Lee who made some funny videos about the coin and many people rushed in to get a masternode. But when it comes to useful apps or better tech i can't see what's behind all the hype. Maybe i'm wrong but it's not clear. Yesterday their site was down and Max claimed they were attacked, but Github tells another story that there was almost no development since 2014. That's really odd to me.