SwissCoin

Dear Swisscoin Community,

already announced a while ago but now the time has come: the new technical update is now available.

More than 1 million user are curious about the update and look forward to install it immediately. No problem, it would be a pleasure for us.

Below again the important technical informations for those who are familiar with technology or want to engage: • Increase of annual gratification to 15% • Reduction of block times to 30 seconds what means more security and increased profitablity • Extention of blocksize to 5 MB what means more transactions and more transactions fees • Increase of minimal coin age to 24h what means more equal opportunity

Start now, klick here for update installation and enjoy all options: https://swisscoin.eu/swisscoin-update-1612.html

We are looking forward to do the next steps in the successful SWISSCOIN development with you on our side.

Your Swisscoin Team

PS: Coinmarketcap points out: the SWISSCOIN trendline is constantly showing an ascending slope . With your installation of the new technical update you contribute significally to this very positive development.

THANK YOU.

SIC-Update - Swisscoin Information about Swisscoin Softwareupdate

How to Backup and Restore Swisscoin desktop core wallet.

How to Backup and Restore Swisscoin desktop core wallet - SwisscoinHub Today, I'll be your guide on how to backup and also restore your swisscoin sic desktop core wallet. So, I advise you follow up the guide.

How to Stake Swisscoin SIC to earn POS rewards every hour

How to Stake Swisscoin SIC to earn POS rewards every hour - SwisscoinHub In swisscoin, all you need to do is stake your coins and get paid every hour. How to stake SIC coins and earn proof of stake rewards every hour.

SWISSCOIN BACKOFFICE UPGRADED AND OFFLINE WALLET NOW AVAILABLE

Swisscoin BackOffice upgraded and offline wallet now available - SwisscoinHub Finally, swisscoin has completed upgrade on their BackOffice, providing users with web wallet and office wallet downloads for windows, Mac OS and Linux

So I'm getting a lot of questions how people can stake in SWISSCOIN, how does it work, what is PoS etc etc, so I wanted to make this brief post that will take you through the basic of PoS and how you can start staking with swisscoin.

First of, a PoS algorithm is not that different from a PoW, in PoW you have to use heavy hardware using lots of electricity power to solve a mathematical problem creating the longest consensus, this process is called "mining" and is the process that confirms and validates the transactions done in the blockchain.

The reason people "mine" is because if you are the owner of the computer used to "mine" that particular block you will be rewarded with new coins distributed by the blockchain for each solved block, this is also a way to control the issuance of the currency and create a growing demand while being circulated.

while in PoS we do not "mine" the blocks with computer power (hash power) we rather use the coins we already have to "stake" a block, meaning we put our own assets in validating the transactions through the software, the more volume you have in your staking (volume = coins) the more often you will be staking. In a PoS like swisscoin there is no further issuance of coins, there is the full total supply from start and that's it.

So what's in it for those staking, since no more coins are issued? What will make people hold their coins and stake the network?

That answer is pretty easy, in PoS, since there are no further issuance of coins, the system is rewarding the person staking a block with the transaction fees in the particular block you juts staked, this can be anything from 0.01 SIC to several hundred SIC depending on how many transactions is in the block you are staking.

The staking is randomly chosen by the software and is only dependent on the volume you put up, the higher volume you stake the more often you have a chance of being selected as the staker by the program, remember it uses your current coins to add value to a block in order to create the consensus (longest continues algorithm) to "forge" the block

This way of running a blockchain network has proven to be more cost efficient, more safe and more decentralized as in PoW it tends to be more centralized mining when the difficulty is high as very costly machinery is needed, in PoS it stays decentralized as no hardware is needed, you only need to keep your coins in your offline wallet and keep it open and you will be participating in staking and can earn more coins from doing nothing.

We see major top 2 currencies such as ETH change their PoW to PoS now as they see more benefits for both the coins and the community by doing this, they are also leaning towards the facts that PoS is more cost efficient and eco friendly due to no hardware and no huge electricity costs will appear.

Download the SWISSCOIN credit wallet today and start staking your coins to make more 👏👏

After all said and done
Swisscoin has proven to be a Cryptocurrency. It is now listed on

https://coinmarketcap.com/currencies/swisscoin/

And on the first exchange @
https://www.coinexchange.io/market/SIC/BTC

their block explorer can be seen at


https://www.blockexperts.com/sic
Or
explorer.swisscoin.eu

desktop wallet @

WINDOWS OS
https://storage.swisscoin.eu/system/SIC-Offline-Wallet-Windows.exe

MAC OS
https://storage.swisscoin.eu/system/SIC-Offline-Wallet-MAC.dmg

Linux OS
https://storage.swisscoin.eu/system/SIC-Offline-Wallet-Linux64

Join the telegram group.

https://t.me/joinchat/GVfHOkMolpk0pK02zrTdqg

Swisscoin (SIC) price, charts, market cap, and other metrics | CoinMarketCap Get Swisscoin price, charts, and other cryptocurrency info

Simply WOW: $10,000 Bitcoin Investment in 2010 Now Worth $200 Million, Gold $9,900 Over the past seven years, Bitcoin experienced a meteoric rise in terms of market cap, user base and value, while gold failed to live up to the expectations of its investors.

What is blockchain and why is it so revolutionary?

Currently, most people use a trusted middleman such as a bank to make a transaction. But blockchain allows consumers and suppliers to connect directly, removing the need for a third party.

Using cryptography to keep exchanges secure, blockchain provides a decentralized database, or “digital ledger”, of transactions that everyone on the network can see. This network is essentially a chain of computers that must all approve an exchange before it can be verified and recorded.

The technology can work for almost every type of transaction involving value, including money, goods and property. Its potential uses are almost limitless as it is offering a banking solution to more than 2 billion people to send money back to family in countries where banking is difficult.

Blockchain technology transforming retails payment — CBN Ozioma Ubabukoh The Central Bank of Nigeria says that the introduction of Blockchain technology in the global banking sector is already transforming the retail payment systems across the banks. B...

Great explanation and easy comparison on how bitcoin and blockchain works, have a read as this will give you a better understanding of how cryptocurrency works 😉

All you need to know about blockchain, explained simply Many people know it as the technology behind Bitcoin, but blockchain’s potential uses extend far beyond digital currencies.

This Post was written in 2015, 6 years after Bitcoin was created and it was still called a SCAM. Don't be fooled.
Take position with Swisscoin today!

Still Don't Get Bitcoin? Here's an Explanation For Five-Year-Olds If you still can’t figure out what the heck a bitcoin is, this simple explanation for a five-year-old may help you.

Sometimes it's hard to tell whether bitcoin is more like Ponzi scheme or a pyramid scheme. Whatever it is, though, it isn't a currency.

The scam called Bitcoin

Wow we just saw the split indicator jump to 97% 💥💥 this is it guys, in a few days the split will happen and everyone will get twice the tokens before turned into coins 👏👏👏 make sure you buy your package before it hits, it will never be possible to aquire the coin as low as it is today, difficulty 8 and value at €0.19

In 4-6€weeks we go public and free trading of SWISSCOIN starts 👊👊

Whatever you got to do, make sure you do it now, get that package bought 💥

Don't sit on the fence take action NOW by join via http://bit.ly/joinswisscoin FREE 100 coins await you.

The first and second best cryptocurrency as at today, Bitcoin and Etherium are from Switzerland. Bitcoin did not factor in KYC when it was written on the blockchain, and that itself is a major set back which I believe has affected the acceptability of bitcoin in a way. However, Swisscoin is the 3rd cryptocurrency from Switzerland and not only that, it has a well detailed KYC.
Also, bitcoin had less than 100,000 users when it went public but at the moment, Swisscoin has over 700,000 users, about 5,000 merchants and 3 Exchangers that are waiting anxiously for August 1, 2017.
The value of any cryptocurrency depends largely on:
*Demand----Number of users
*Exchangers------ Availability to exchange the coins for Fiat currency
*Merchants---- Availability to turn the currency to physical products or to exchange it for services

*The issue of KYC is also a big factor in this case.

Again, Swisscoin has a big target:
*To pe*****te 3 continents, capturing about 9 major countries (which includes Nigeria)

Moreover, since €1 is bigger than $1, the value of 1 swisscoin at the moment is bigger than the value of many cryptocurrencies already listed in the market.

So you can now see that Swisscoin is like an atomic bomb that is only waiting for August 1, 2017 to come before it will explode. Don't miss the opportunity