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Author Topic: How does JSE Coin compare with Bitcoin, the pioneer of all the crypto currencies  (Read 123 times)
Mamaecrypto (OP)
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August 04, 2018, 06:38:12 AM
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How does JSE Coin compare with Bitcoin, the pioneer of all the crypto currencies. Have the new currencies evolved into a new species yet?

Many of us Bitcoin lovers have this idea that there is no need for another Decentralized Virtual global currency since Bitcoin is just perfect, immaculate, a gift from Crypto God… or better the legend of Satoshi. Does he exist? Who is he? What matter is that he created something so perfect that anyone that tries to re-create his technology is a copy cat. Well just like Gods creations, Satoshi’s creation does have some unforeseen imperfections, and JSE Coin plans to solve this imperfections. Not make it perfect in my opinion but a robust evolution.

One of the main concerns of the Bitcoin community is regarding who has and who controls the majority of mining power. Currently few gigantic mining rigs are able to control a large percentage of the network which in the opinion of many jeopardizes decentralization
The other concern is the huge amount of electricity this types of mining operations consume and that is a concern to the crypto community, as we need to make sure this technology advances but most importantly is sustainable. We do not need any more damage to our planet.
JSECoin plans to solve this 2 concerns by creating a coin that has very similar ideals to the Bitcoin but has evolved into a polished concept that emphasizes decentralization and has a technology that enables for a more sustainable mining method.

The JSE coin will be more decentralized than Bitcoin or possibly any other coin in the market today because it relies completely on self-miners. Miners have two mining options: single platform mining which will give you an entry to the JSE mining lottery that happens every 30s as well as web browsing mining for publishers to offer as an opt-in option to their readers. This in exchange for a good browsing experience in the site or as a replacement for ads. Also note that this is an OPT-IN banner which viewers must opt-in in order to open their CPU to mining during their visit ONLY. As according to CEO and Founder James Bachini: “Our vision of the future is for consensus to be reached using the computational power of a users device rather than from server farms run by giant corporations and mining pools.”

In addition to helping with decentralization the JSECoin technology is certainty bringing benefits to our environment by consuming a lot less energy to mine than Bitcoin and many other coins. It is using on average 10% of cpu power; the same amount of running a video ad. Basically using surplus energy from a computer that is already active.

In my opinion it is clear that cryptocurrencies are here to stay and there is truly something amazing about the pioneer of them all the Bitcoin. But as mining difficulty increases and environmental concerns arises it is important that we as a community evolve and start looking towards other crypto mining methods. And make use of coins that are working towards a more decentralized and sustainable approach.

If you interested in learning a bit more about how to mine JSE coin you can follow me on my Mining experiment adventure: https://mamaecrypto.blogspot.com/2018/08/how-does-jse-coin-compare-with-bitcoin.html . To learn how to participate in their open bounty campaign accepting entries until October 2018 watch this video:https://www.youtube.com/watch?v=zuJfF0F4Prc&t=97s

www.platarform.jsecoin.com
All my best,
Michelle Mafra
MamaeCrypto.blogspot.com

Nik735
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September 01, 2018, 07:26:24 AM
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                                                                                            JSEcoin

Today, I would like to share with you my research of JSEcoin, a cryptocurrency built for people to mine with their browsers, with the goal to provide you with a better background in order for you to decide if it’s safe enough to use their platform and to understand how profitable it can be.

What is JSECoin? (The basics)
JSECoin (JavaScript Embeded Cryptocurrency) is a new general purpose coin (beta platform was released on August 2017) that allows regular people and webmasters to become miners. Their main idea is to allow mining through CPU, as opposed to GPU or ASIC mining, which creates a trend for mining farms, such as the case with Bitcoin (enabling only people who are willing to make quite an investment to join the mining community)

With JSEcoin, it is as easy as opening your browser and start mining.

It is a great alternative to the classic advertisement model, as it does not disrupt the user experience, and it only takes a small amount of cpu from them (they claim mining takes less resources than running a video ad).

They offer two modes of mining: Self-Mining and Publisher Mining

Self-Mining

With self-mining mode, the affiliate can simply login to the platform and go to the mining page.
Within a few clicks, he will start mining.
Depending on the computer and browser you use, the amount of open applications and other factors , the hash-rate speed will vary. It basically will depend on how the browser distributes the resources (CPU in this case).

Publisher Mining

With the Publisher Mining, webmasters include a javascript code in their websites, which basically will load the same functionality as for self-mining but within the visitors browsers.
Conclusions
JSE Coin seems to be a promising way to monetize our websites. Their system is very easy to use and their support is great. The project itself is very serious and I think they have a good potential of real growth.

Special requests
I hope you enjoyed and learned from my experience with this platform.

https://jsecoin.com



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