Top 3 Reasons Why BlueCoin Could Go BOOM!

BlueCoin has been under the radar for some time now, but recently it has experienced something of a renaissance that has seen its value jump over 100% in the past 90 days.*

Although cryptocurrency markets are volatile, there are usually reasons why coins’ values increase or decrease.

Here are the top 3 reasons why BlueCoin is on the up and why it could be right on the edge of going BOOM!

Reason #1 – Offline Bluetooth Transactions

The new BlueCoin 2.0 client gives end-users the ability to make transactions without needing an internet connection. This can be exceptionally useful in areas where WiFi is either hit and miss or completely non-existent. Since these areas are often in regions where there are high levels of unbanked or underbanked adults, Bluetooth based transactions can assist with issues of financial inclusion.

Furthermore, since Bluetooth payments can be made P2P, whether to friends or family or to merchants, BlueCoin 2.0 is fully decentralized payment solution.

Reason #2 – BlueCoin Cold-Staking

BlueCoin 2.0 is a hybrid Auxiliary Proof of Work/Proof of Stake Velocity (AuxPoW/PoSV) cryptocurrency that allows end-users to keep their coins in a cold wallet and still mint new coins. This is in direct opposition to traditional Proof of Stake systems that require the wallet to be connected to the internet, which could lead to security issues.

Reason #3 – Virtually Unlimited Transaction Scalability

Upgrading to the Bitcoin Core 0.13.0 codebase gave the BlueCoin 2.0 client some significant new advantages including virtually unlimited transaction scalability. Utilizing state-of-the-art sidechains and Layer 2 extensions, it is now capable of super-fast transactions, no matter how many of them there are.

Since BlueCoin’s original release in 2014, the cryptocurrency landscape has changed drastically with huge changes in the open-source Bitcoin blockchain’s functionality. By moving with those changes and technological developments, BlueCoin 2.0 looks like it is on the move also.

Please note: This article is not investment advice. Any investment carries significant risks that could lead to the loss of your entire investment.

*Date of writing: 12/1/18

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.