HoboNickels (HBN) is a cryptographic currency that is similar to Bitcoin and it is meant to make online transactions simple and convenient. This parti
HoboNickels (HBN) is a cryptographic currency that is similar to Bitcoin and it is meant to make online transactions simple and convenient. This particular currency is one of the fastest growing cryptocurrencies. This rapid growth is mainly attributed to the fact that the currency has some unique features that makes its use more efficient. Some of these features include that the currency has a proof of work block time of thirty seconds which is coupled with fast proof of stake. This further enhances the speed of this coin therefore making it outstanding when compared with similar coins.
HobelNickels comes with 2-5% proof of stake making it one of the most generous staking algorithms to be released. The importance of this stake is that it helps in controlling the inflation rates. The increasing number of people staking the coin is helping in reducing the percentage of the stake. The coin also comes with added security as a proof of stake coin with the addition of security features such as automated Block Checkpoints. Furthermore, the coin comes with multi wallet functionality which is one of the most unique features for other similar coins do not have this feature. This importance of this is that it allows the use of the coin more efficient where the users get more options to choose from.
To set up wallet one just needs to download and install the QT wallet client from the links which are available from the official website. This process is simple and can be done even by people who are visiting the website for the first time. The latest QT wallet is on Github (Mac, Windows and Linux). One also gets the options to either buy or mine where one can purchase the coin through an exchange or decide to mine. To be able to receive a -2% stake every ten days one just need hold the currency in the opened wallet.
HoboNickels is as of now traded on Cryptopia. This particular market is simple to use and this is very helpful especially to beginners who might not have the relevant skills. Through getting the necessary guidance one is able to understand the various simple steps which are required for one to trade effectively. There are various resources where one can easily get information on how to use the coin effectively. There is even a community which is made up of people with the same interests including experts. The community is usually very helpful for people are able to exchange information and therefore be always updated while trading.
HoboNickels is also designed in a way that it can be controlled easily. There are advanced coin control options which are helpful in letting people control their currency. Users of this coin are also able to get confidence while using this coin because the designers of the coin have a reputation of being competent. There is also the option to stake for charity which gives the users more options. The various features of this particular crypto currency clearly show that it is an ideal currency to deal with. Therefore, Hobonickels is one of the fastest growing cryptocurrencies and its unique features are expected to help it grow even further.