Why Maxcoin is different from most other digital currencies!

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Meconomy153
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Why Maxcoin is different from most other digital currencies!

Post by Meconomy153 » Sun May 03, 2015 4:24 pm

Maxcoin is a relatively new crypto currency. But the big and important difference with other digital currencies (for example e-gold) is that a lot of digital currencies are centrally controlled.

This means that when the controllers wish to print or make more of the currency, they can. Which will make the value of the coin go down rapidly. Maxcoins can’t be printed when controllers decide it.

Another big disadvantage of other digital currencies is that they can be destroyed by attacking the central point of control. Maxcoin is decentralized, which makes it impossible to destroy the coin.

With other crypto currencies, the controllers can impose arbitrary rules upon the users whenever they want. Because Maxcoin doesn’t have controllers, no one can give rules to the owners. The owner is the boss!

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