After getting quite a few requests for this, I think the time has come to take a closer look at VootCoin. Being launched a little over three weeks ago, there are quite some interesting features available already,so let’s take a look!
Even though you might not see anything spectacular about VootCoin at first glance, you might want to take a closer look. Anonymity features (NiteSend), SMS tipping, it’s all at your disposal. Not necessarily unique features, but they do seem to work !
Let’s get the technical specifications of VootCoin out the way first, shall we? VootCoin is an X11 PoW/PoS hybrid, with 10,080 blocks to be mined, equalling to 68 million coins. You will start earning stake after your coins mature for 8 hours, at the annual rate of 10%.
VootCoin has been the center of controversy since its launch, as there was a 2% pre-mine in the beginning, which was sold off by the original developer once VootCoin got listed on the BitTrex exchange. Ever since, the community took over the coin, and here we are.
Since this community takeover, VootCoin has seen some great developmental work. SMS Tipping for example, allows VOOT owners to send coins to anyone else in the world, simply by sending a text message.
This feature is currently only available for the United States (California), United Kingdom and Canada (Vancouver). There is also a clear warning on the site , stating the following : “Vulnerable to SMS Spoofing. Do not store more than you are willing to lose”
To find out more about VootCoin’s SMS Tipping service, click here.
On the other hand, VootCoin is also working on providing anonymity features for their users. This feature will be called NiteSend, an implementation of CoinJoin to provide a high level of anonymity layers. It will be similar to DarkSend but with improved features.
A whitepaper about NiteSend has been released, which you can find here.
On the exchanges front, VootCoin can be traded at BitTrex, Coins-E and BleuTrade.
VootCoin donations are welcome to : VTMDY8XXV5ApAmYhYQaFqSsLhWbMnPnMsJ
VootCoin website : http://vootcoin.com/
VootCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=639371.0
VootCoin on Twitter : https://twitter.com/vootcoin