Friday, 3 January 2014

After Dogecoin, the cryptocurrency based on a meme, meet the new kid on the block : Coinye West


The success of Bitcoin has rubbed off on many crytocurrencies who are vying for breathing space on the world wide web. The last one to gain traction on the internet was Dogecoin, a cryptocurrency which is started of as a joke based on a MEME but suddenly found favour with the netizens.  Now a virtual currency is coming up on January 11th, to share the centre with Bitcoins and Dogecoins of the world.  Say hello to Coinye West, a virtual currency inspired by rapper Kanye West.

After Dogecoin, the cryptocurrency based on a meme, meet the new kid on the block : Coinye West


The currency's launch has been announced on Twitter and a tweet informing all and sundry about the launch was published a little while back
After Dogecoin, the cryptocurrency based on a meme, meet the new kid on the block : Coinye West

The website Coinye West has been spruced up in true rapper style to suit the name of Kanye West. The admin behind this really strange currency has confirmed that this currency will be based on a mining program called the CoinyeMiner.  

“Our goal with Coinye West is to make it easier for people to use cryptocurrency. Right now, it's kind of a dark art for people to mine coins. We plan on releasing a front end to the 'mining' programs called CoinyeMiner. It will make things a lot more simple and people will be able to make their own coins. We're working round-the-clock to get everything going as smoothly as possible.”

Though the currency is based on Kanye West, the admin said that he doesnt know about this impeding launch and hope that Kanye take it very nicely.

“We hope he loves it, but if he doesn't, he really isn't someone we want to piss off.  We chose to represent Kanye because he is and always has been a trendsetter, and he's always keeping things unique. I can picture a future where Coinye is used to buy concert tickets, with cryptographically verified virtual tickets, and other ideas I can't give away just yet.”


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