Success of a COIN

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The first and most important thing to consider is which algorithm to use since there are so many out there, sha256, scrypt, scrypt-n, x11, x13, groestl, blake, fresh to name a few. Besides that a new algorithm could be invented and implemented. The coin also needs to have a vast social media coverage a long time before the coins launch using its main powers, For example Snowballs coin (balls) has a 13% per day interest just for holding it in your wallet. Pos coins although are a different piece of the same pie. The first months of the coins life merchants and exchanges acceptance must be very high, this will

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The Snowballs Experiment

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A lot of Alt-Coins exist in the Crypto sphere nowadays. Most coins use technology that is either Proof of Work, Proof of Stake or a hybrid Proof of Work/Proof of Stake system. The major difference between these two systems is that miners of Pow coins use the power of their hardware to “mine” the coins in contrary to Pos coins that blocks are split relative to current wealth, so someone possessing 1% of the coin currently in existence could “mine” 1% of the Proof of Stake blocks. This percentage depends on the coin. Enter Snowballs coin. Snowballs coin is a hybrid Pow/Pos coin with 1.000.000 coins Pow phase followed by

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