Itasecoin (ITASE)

“Itasecoin is a cryptocurrency originally created for high school and college students in France. It is a very lite version of Litecoin, using the Scrypt hashing method as a proof-of-work algorithm. 

Itasecoin is a crypto-currency aimed at “deflating” the dominant podium of current crypto-currencies. Unlike traditional currencies (also known as fiat currency), Itasecoin, like most crypto-currencies, is not issued and administered by a banking authority. It is issued on the Itasecoin protocol, which governs the blockchain.

Through Itasecoin, the goal is to create a viable alternative to other crypto-currencies, which is both environmentally friendly, while retaining the spirit and taking over the source code of Bitcoin, without new specificities, and to be part of a process of dilution of crypto-currencies, a process of decomposition of the current monopolies, in order to hope for a democratization of this type of currency in our daily lives. 

My thought is this: the more viable, community-supported and available to all, easily accessible crypto-currencies there are to choose from, the more crypto-currencies will be used in everyone’s daily lives. Despite the use of a proof-of-work based crypto algorithm, if what I think is true, the energy consumption of miners would be diluted across all available networks, not just on a few blockchains aggregating more than half of the world’s computing power, and wasting energy finding more and more complicated blocks to mine.”