Some of us are taken with bitcoin. We have learned its basics, and are more or less versed with its socioeconomic implications. We get it. But when an acquaintance of mine told me recently that he's trading in more than 30 bitcoin alternatives, or altcoins, my mind was blown. Acting as a sort of crypto-FOREX trader, he's the first to answer one of my go-to questions on bitcoin: What would you do to make it better? He rattled off some of the altcoins, and eventually focused his argument around a week-old cryptocurrency. It's called Primecoin, and it aims to harness what he considers to be the spent energy of bitcoin's algorithm.
» Read the full article at Motherboard
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