facebook
twitter
rss
account
search
search
 

Kanye-inspired currency, Coinye West, will debut later this month

Currency will provide a Bitcoin alternative aimed at those who aren't "technically inclined."
By Evan Bleier   |   Jan. 3, 2014 at 9:55 AM   |   Comments

http://cdnph.upi.com/sv/em/i/UPI-3681388760957/2014/1/13887612795762/Kanye-inspired-currency-Coinye-West-will-debut-later-this-month.jpg
Jan. 3 (UPI) -- Bitcoin alternatives like Ripple, Litecoin and Colored Coins will have to welcome a new currency to the marketplace later this month -- Kanye-inspired Coinye West.


Coinye West, which is named after rapper/producer/Kardashian-enthusiast Kanye West, will be released on Jan. 11 with the goal of making a digital currency more accessible to people who are not naturally technically inclined.

“We chose Kanye because of his trendsetting abilities and his originality,” Coinye’s developers said via email.

Although West was informed about Coinye on Twitter, he was not involved in developing the currency. Due to the “collaborative and decentralized” nature of Coinye, the developers have yet to identify themselves.


According to the developers, Coinye West’s system -- named “Gold Digger” after the popular song -- will allow users to acquire coins from their home computers. “We want to bring cryptocurrency to the masses so that anybody can get into mining with a couple of clicks," the developers said.



[PC World]

Follow @itishowitis and @UPI on Twitter.
Contact the Author
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Featured UPI Collection
trending
Notable deaths of 2014 [PHOTOS]

Notable deaths of 2014 [PHOTOS]

Most Popular
1
Police: 'Burglar' was cheating wife's secret lover Police: 'Burglar' was cheating wife's secret lover
2
Cycling team's uniforms appear crotchless Cycling team's uniforms appear crotchless
3
Satanists want to distribute materials in Florida schools Satanists want to distribute materials in Florida schools
4
Brain tumor removed from Australian goldfish Brain tumor removed from Australian goldfish
5
Fugitive Jahson Marryshow busted playing ultimate frisbee Fugitive Jahson Marryshow busted playing ultimate frisbee
Trending News
Video
x
Feedback