iTicoin (Ideology Technology Individual) is a relatively new virtual currency that is based on mathematical algorithm , POS mining which operates on peer-to-peer networking protocol. The purpose of the coin is to provide a platform for educating people, offer mutual assistance, and advancement of the crypto economy. Like other coins in the market, iTicoin is also fully decentralized hence, cannot be controlled by any central bank or government.
To help you know more about the coin, let’s dig deeper for more information about its features, how it works and much more.
How iTicoin Works
iTicoin system and currency is already working in the market after it was launched on December 5, 2017. Currently, iTicoin is utilized as an internal currency offering mutual support for the development of formulas in the community. You can easily change it for bitcoins and fiat currency. The coin is available in few countries, mostly Russia and her neighboring countries, thereby providing a stable growth and exchange rate for coins devoid of the speculative influence.
Facts About iTicoin Ideology Technology
iTicoin is limitedly available and works without any government interference intimating that it works on peer-to-peer protocol. Below are some of the facts about the coin:
- iTicoin is scorched and not mined.
- It’s a star among stars. Started from stars Bitcoin, Litecoin, Peercoin, iTicoin engrossed the source codes from the founders as well as the POS system making it an interesting algorithm.
- According to the iTicoin’s website, the network offers a lot of opportunities and you’ll have a chance to grow as it grows offering a good platform to invest in.
- iTicoin is safe and secure platform. There are no any major security breaches to the platform so far.
Value Of iTicoin
iTicoin will not only be a transactional system that is based on peer-to-peer platform. It will also be used for training cryptocurrency and blockchain enthusiasts as well as help in advancement of the crypto technology in the world. This makes the coin more attractive to investors for accrued value. The fact that there will be no mining of the coin means that the coin’s value will continue to rise and investors have an opportunity to make a fortune in the near future.
To make it even attractive, it is easy to convert the coin to more popular cryptos like Bitcoin and Litecoin making transactions easier.
What’s The Future Of iTicoin?
iTicoin has been in the market for some time now and the reception has been overwhelming so far. Having attracted interests from all over the world, there is no doubt that the coin’s future looks bright. Its scarcity in the market makes it even more attractive to crypto enthusiasts and its value will continue to rise in the future. It can be easily exchanged to different prominent currencies in the market and could be reason why it’s seen as a strong rival to the pioneer coins in the market like bitcoin.
First Appear on: Bitcoin Exchange Guide