Of all extant cryptocurrencies – over 1,500 – those restricted to mobile platforms, wallets, and exchanges comprise a fairly small portion. Yet despite ERC20 and utility tokens’ dominance in the ICO landscape, there is a high potential for mobile-only cryptocurrencies to democratize mining and dramatically decrease transaction costs. Potentially, this makes mobile-based cryptocurrencies, in aggregate, a foundation for tangible and tractable work to reverse the remaining and foundational problems seen with dominant cryptocurrencies today. The Read More The post Mobile Crypto Mining Democratizes Cryptocurrency for Everyone appeared first on Bitcoinist.com.



via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/mobile-crypto-mining-democratizes-cryptocurrency-for-everyone/