2016/08/29 6:00 PM
YoCoin, a peer-to-peer digital currency, has announced the conversion of its token from a standalone cryptocurrency to an Ethereum-based asset. According to project leaders, the Ethereum version of YoCoin will make for more robust smart contracts.
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YoCoin Goes Ethereum
Before converting to an Ethereum-based asset, YoCoin was built on the Scrypt mining algorithm utilized by many altcoins circulating the crypto markets.
Now, the team tells press that the token will be capable of executing smart contracts associated with “a wide range of applications,” including contacts, bonds, stock exchanges, financial records and voting systems.
Originally marketed as a coin for millennials, the Ethereum conversion has made the coin into a larger…