Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: auctioneeeeer on May 18, 2014, 11:00:12 PM



Title: Is [HVC] Heavycoin the next Alt to make a big move up?
Post by: auctioneeeeer on May 18, 2014, 11:00:12 PM
Looking at BC, then DRK strictly from a chart perspective which both coins brought unique aspects to the alt community, and now HVC - could it be the next alt to make a big run up?  It appears someone is buying a lot in the 500-600sat range as it has just sat in that range for quite some time.

Thoughts?


Title: Re: Is [HVC] Heavycoin the next Alt to make a big move up?
Post by: fred930 on May 19, 2014, 12:43:35 AM
What unique aspects has HVC got that it can bring to the alt community?


Title: Re: Is [HVC] Heavycoin the next Alt to make a big move up?
Post by: auctioneeeeer on May 19, 2014, 01:09:01 AM
What unique aspects has HVC got that it can bring to the alt community?

I am asking more as a perspective investor to the coin and was hoping someone familiar with it could answer.  From what I can see, it has a proof of work that is quite different and extremely low power (lower than X11) - a quote from the ANN page (https://bitcointalk.org/index.php?topic=506774.0):

ASIC-resistant: Introduces HEFTY1, a novel approach to ASIC-resistant proof-of-work
Ultra-secure: combines SHA-256, Keccak-512, Grĝestl-512, BLAKE-512 in a secure way . 

I'm hoping someone can provide some additional insight.