Lewes, DE, USA, 10/05/2015 /SubmitPressRelease123/
Bitcoin-sCrypt Becomes First Altcoin to Democratize Cryptocoin Development
Can a two-year old Bitcoin-clone help resolve Bitcoin-core’s governing crisis?
October 5, 2015 – This past weekend a two-year old Bitcoin-clone known as the “Bitcoin-sCrypt” altcoin (coincode: BTCS) became the first cryptographic currency to democratize cryptocoin development through CryptoVoter’s open-source shareholder-style blockchain voting client.
Released in September 2013, the Bitcoin-sCrypt altcoin created quite a stir when first appearing on the cryptocoin scene, with Bitcoin-sCrypt eventually gaining a cult-like following in the Bitcoin community and its market capitalization reaching a valuation of several million dollars in early-2014…all while being banned (and then unbanned) from the world’s largest Bitcoin forum: Bitcointalk.
Fast forward to now: on October 2, 2015, Bitcoin-sCrypt coin-owners cast the first of many scheduled blockchain votes designed to give Bitcoin-sCrypt coin-owners a voice in development debates. Specifically, Bitcoin-sCrypt coin-owners utilized CryptoVoter’s open-source blockchain voting client to send BTCS coins to themselves before the voting deadline of block 333333 to publicly register their votes.
Similar to shareholder voting in a corporation, Bitcoin-sCrypt coin-owner’s voting power is directly proportional to the number of BTCS coins used to vote. With this past vote’s success, many more development votes on the blockchain are already planned for the Bitcoin-sCrypt altcoin using CryptoVoter’s novel blockchain voting concept.
News Source: http://www.WiredPRNews.com
