Gold coin money: The Next Digital Currency?

MainCoin Money has already captured the interest of both crypto fans and tech enthusiasts. What is so special about this digital currency? It is not another coin that attempts to jump on the blockchain hype train. Rather, it introduces something new to the table bitcoin buying pressure surges on major exchanges.

MainCoin is developed on a rapid platform. The transactions are instant and they do not get clogged by the common bottlenecks that are characteristic of other currencies. MainCoin could be a refreshing breeze to anyone who has ever experienced sluggish and slow transactions on the blockchain. Think of making a payment across the globe without having to wait some minutes, hours, or even days before this is actualized. This is what MainCoin is trying to work out as a possibility.

It does not only focus on quick transactions but it is also centered on ease of use. MainCoin does not complicate the process as other cryptocurrencies do by throwing users in the realm of jargon and technology. Want to send a payment? It is as simple as choosing a name off of a contacts list. No wallet addresses, no private keys, no all that stuff that complicates crypto more than it needs to be.

The creators of MainCoin were obviously focused on empowering people and enabling them to use cryptocurrency without being overwhelmed. Crypto is not a preserve of individuals with the ability to understand blockchain. The simplified user experience has provided more people with an opportunity to be involved in MainCoin, particularly, non-tech savvies.

But that does not imply that MainCoin does not have its problems. Though it is already taking steps to increase usability and speed, a few steps still need to be crossed. MainCoin will be required to convince itself that it can compete with the giants of crypto. Providing convenience is one thing, but it is quite another to provide security and scalability in the long-term.

MainCoin is currently in that position of a newcomer who is demonstrating a great deal of potential. Will it stick around? Only time will tell. In the meantime though, it is providing people with a glimpse of what a frictionless digital currency will resemble. Thus, it can be a potential game-changer in the crypto space, should it be able to retain its momentum, user-friendliness, and security.