Neucoin (NEU) ICO Review

Microtransaction platforms for games, tipping and ad-free content will drive consumer adoption

  • Token:NEU
  • ICO start: 17. Nov 2017
  • ICO end: 17. Dec 2017

Official WebsiteWhitepaper

Technology: Neucoin blockchain

Neucoin ICO Short Review

NeuCoin is a decentralized peer-to-peer cryptocurrency derived from Sunny King’s Peercoin, which itself was derived from Satoshi Nakamoto’s Bitcoin. As with Peercoin, proof-of-stake replaces proof-of-work as NeuCoin’s consensus mechanism, effectively replacing the operating costs of Bitcoin miners (electricity, computers) with the capital costs of holding the currency. Proof-of-stake also avoids proof-of-work’s inherent tendency towards centralization resulting from competition for coinbase rewards among miners based on lowest cost electricity and hash rate.

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