More Cryptocoins come up for attention

Close on the publicity generated by Bitcoin exchange rate going upto US$1132, many more crypto coins are coming to the attention of the public. First it was Litecoin and now Novacoin, Namecoin, Quark coin,Chinacoin,

Feathercoin also seem to be gaining attention.

If this trend continues we will see many more such crypto currencies coming up on the scene. Will all of them meet the required security and ethical standards? or will any of them spoil the image of current leaders like Bitcoin? needs to be watched out.

The speculation that is building up around Cryptocoins is exciting but causing concerns to monetary authorities and national security agencies.

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Market Cap of different Crypto Coins

Naavi

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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