Atomcoin is a decentralized, distributed cryptocurrency that is the first cryptocurrency to use the Proof-of-Stake algorithm, which is an alternate method of calculating blocks in order to increase security.
As of February 14, 2017, the network has a total hashrate of over 7,700,000, and the network is designed to be highly secure.
Atomcoin has been created by a team of researchers and developers who are working to make the technology a viable alternative to cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Atomcoins creator, Scott Miller, has stated that Atomcoins network is secure, but he wants it to be open to developers.
“This will give the community the ability to test and improve the network, and allow them to get a better idea of the security of their work, and also to help drive innovation in the space,” Miller stated.
“A community of developers is needed to help build and support a secure blockchain.
It will be a great experience for everyone involved in Atomcoin, both from the user base as well as the developers.”
Atomcoin’s community has seen growth since its creation.
In the past two years, the community has grown to over 100,000 members, with some of the biggest names in cryptocurrency, including Cryptsy founder Ryan McKnight, Coinbase CEO Brian Armstrong, and others, taking part in the development of the coin.
The community has also been expanding into new domains, such as the blockchain, which has helped Atomcoin thrive.
Atom coins success will also come as a welcome relief to many other cryptocurrency projects in the future.
It’s clear that the cryptocurrency space has matured enough that other altcoins are on the way.