Some days ago, doing my usual research in the field of crypto currencies (virtual money), I came across the LATIUM...
I followed a link to the website of Latium, and I try to understand the first description of this crypto currency:
Latium is the first Crypto Currency to utilize a non-technical deployment network. Latium cannot be mined, but can be acquired simply by signing up. There is no catch: you sign up, you get coins.
OK, OK! I absolutely had to try it!
I follow the short introduction and I downloaded the FREE wallet for Windows.
It's need to wait at least 5 minutes because the wallet need time to sync all blocks of the chain of transactions (all virtual currencies security are based on a blockchain: is the database of all transactions).
After following these simple steps it is possible to create a "receive address" in you Latium wallet that permits to receive your Latium money.
I do the recording getting 5 LAT coins, first on my account and after in my wallet client.
Is really simple and it is absolutely free: it is not necessary to mining like bitcoin or litecoin or similar virtual money.
Latium is based on Proof Of Stake instead of Proof of Work. No mining is required to maintain the network. Every person that holds Latium is able to place coins at stake and is paid interest for doing so. This dramatically reduces the resources required to maintain the network.
It is sufficient add peoples to the Latium network and receive your LATs.
More peoples enter in the network, more LATs will be created.
You can purchase Latium at any of the exchanges listed below:
BITTREX
COIN-SWAP
ALLCRYPT
Please keep in mind this list grows as Latium gains more traction.
You can help the Latium community by requesting that Latium be added to your favorite exchange.
The product is very interesting as it is based on a concept of fairness and dissemination of information and on a protocol called "Proof Of Stake" which provides the mechanism for determining the validity of the transaction.
For those who are curious and at the same time wanted to give me a hand, I suggest you follow the link:
http://latium.cc/?a_aid=53cb4c8a64370
Or click over this link:
The product is very attractive and has a very good return. In particular you can exchange Latium (LAT) with others crypto currencies like bitcoin (BTC) or litecoin (LTC) in order to convert in FIAT money (USD, EUR, etc).
Good Latium to all,
Mik Ep 1 ... << TO BE CONTINUED >>
