Press Release: In January 2017 SibCoin’s masternode network volume exceeded that of its parent coin (Dash) and the gap continues to widen. Did this roaring Russian bear fly right under your radar?
Emerging out of Russia’s heartland this coin has garnered tremendous support in the national crypto-community and became the coin of choice for thousands of seasoned numismatists and crypto-neophytes alike.
Siberia is Russia’s legendary treasure trove, yet denizens of this rough land, just like the rest of the country, often do not feel like their living conditions fully reflect their input in the economy.
Blockchain is seen as a solution to corruption and bureaucratic inefficiency by many. But due to insular political views and general mistrust towards big ideas coming from the West, most Russians up to this time were not ready to trust bitcoin easily and needed something familiar and relatable to introduce them into the world of blockchain. And thus Siberian Chervonets (SibCoin) was born.
About SibCoin: SibCoin is a Dash fork, employing additional encryption algorithms devised by Russian cryptographers. First block was mined on May 2015, coin’s adoption growing rapidly ever since.
SibCoin is striving to become the driving force behind the consolidation of Russian blockchain community. Frequent community meet-ups are held in every large Siberian city and a score of cities in western Russia and neighbouring countries.
For additional information visit our official website at http://sibcoin.org/en/
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