Hacked: Hacking Finance

Analysis

SuperiorCoin Analysis

Posted on .

SuperiorCoin Analysis

Introduction

This article was posted on Thursday, 08:05, UTC.

Are we dealing with arrogant developers, or a good project? That’s what we’ll have to investigate with SuperiorCoin. There are a lot of coins out there, and for one to claim superiority is obviously a boost to be looked at with careful speculation – what exactly are you trying to say, now?

// -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- //

The reserve currency of choice for ideas, services and collaboration.

Any currency could claim this, depending on the situation. What makes this coin special?

Superior Coin is a secure, private, untraceable currency. Unlike many crypto currencies that are derivatives of Bitcoin, Superior Coin is based on the CryptoNote protocol and possesses significant algorithmic differences relating to blockchain obfuscation. Superior Coins main emission curve will have issued about 1.5 billion coins to be mined in over 30+ years. Superior Coin protects privacy in three ways for all transactions on the network: 1 ring signatures hide the sending address, 2 RingCT hides the amount of the transaction, and 3 stealth addresses hide the receiving address of the transaction.

So it’s based on the CryptoNote protocol, which is best demonstrated by Monero and Bytecoin. This is not a bad thing – both of these are valid coin efforts, and Monero in particular holds a high value. Nevertheless, simply having stealth addresses and all this does nothing to prove why you’re “reserve currency of choice for ideas” et cetera. There’s no justification for that claim at all going on here – it’s just a projection of your own ego, it would seem, because already we see that this coin is not superior to, at least to Monero or Bytecoin, or any other Cryptonote coin for that matter, and whether or not one believes those are competitive with Bitcoin is a personal opinion.

In any case, we’re running into a question:

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //

To continue reading you need to be a Gold Member or Platinum Member. Let us help you become financially independent by signing up. You will get access to exclusive stories, analysis, and guides by experienced traders, economists, and entrepreneurs. Learn more about us here.

Log In Join Now for $39 a Month! OR Save $69 by Subscribing for a Year!

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

Receive New Posts on Email:



P. H. Madore

P. H. Madore

http://phm.link

P. H. Madore lives in Arkansas with his wife and children. He has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and is currently nearing the completion of a cryptocurrency exchange in concert with the firm he primarily works for, Vermont Secure Computing Consultancy.

Navigation
The crypto-market is still dominated by the long-term correction pattern…