• NOW

News

  • NOW
SibCoin: The Cryptocurrency That Outsailed Dash and Conquered Siberia

SibCoin: The Cryptocurrency That Outsailed Dash and Conquered Siberia

This is a paid press release and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor supports this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The Dash cryptocurrency derivative, SibCoin’s masternode network volume continues to outgrow that of its parent coin. In January 2017, SibCoin’s masternode network volume exceeded that of its parent coin (Dash), and the gap continues to widen.

Did this roaring Russian bear fly right under your radar?

Emerging out of Russia’s heartland, SibCoin has garnered tremendous support in the national crypto-community. It has become the coin of choice for thousands of seasoned numismatists and crypto-neophytes alike.

Siberia is Russia’s legendary treasure trove, yet denizens of this rugged land, just like the rest of the country, often do not feel like their living conditions fully reflect their input to the economy. The blockchain is seen as a solution to corruption and bureaucratic inefficiency by many. But due to insular political views and general mistrust towards big ideas coming from the West, most Russians until now were not ready to trust bitcoin easily. They needed something familiar and relatable to introduce them to the world of blockchain. And thus, Siberian Chervonets (SibCoin) was born. The cryptocurrency’s adoption has been growing since then.

About SibCoin

SibCoin is a Dash fork, employing additional encryption algorithms devised by Russian cryptographers. The coin’s adoption has been growing rapidly ever since the first block was mined in May 2015.

SibCoin is striving to become the driving force behind the consolidation of Russian blockchain community. Frequent community meet-ups are held in every large Siberian city and scores of cities in western Russia and neighboring countries.

Learn more about SibCoin at – http://sibcoin.org/en/

Media Contact

Contact Name: Ivan
Contact Email: ivanr@sib.guru
Location: Siberia, Russia

 

Tags in this story
Related
Liven Announces Strategic Partnership with Bitcoin.com
Liven Announces Strategic Partnership with Bitcoin.com

Liven, the lifestyle rewards app that lets users spend and earn cryptocurrency rewards in over 1,000 restaurants across Australia, is… read more.

Bitcoin.com Announces Partnership With Telecommunications Manufacturer HTC
Bitcoin.com Announces Partnership With Telecommunications Manufacturer HTC

Bitcoin.com, one of the world’s oldest and most established cryptocurrency innovators with over 4.5 million wallet holders worldwide, and leading… read more.

Bitcoin.com

Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies.