New Hyper Crypto Currency, Could it be the Next Digital Currency of the Industry
Digital currencies seem to be nipping at the surface as of late. Bitcoins was introduced a while back and has plummeted within the online gambling industry, and now a new peer-to-peer crypto currency called Hyper is being pondered upon.
“HYPER is also designed to be a valuable cryptocurrency for use in online games, emerging virtual worlds, online MMO’s, simulations and more. As well as being traded for Bitcoin and Litecoin HYPER aims to be tradeable with many currently popular virtual world currencies.”
Settlement times of Hyper are said to be up to 20x faster than Bitcoin transfers. This new currency is designed to stabilize the financial growth of the world especially with online gaming and now the possibility of online gambling.
The creation of this nontraditional banking option was specifically made for a stronger concept to meet the needs of online gambling and gaming. Currency developer made a statement regarding the new low energy of Hyper saying; “Essentially, HYPER is a low energy crypto currency designed for use in online games, MMOs, virtual worlds and more. The currency is currently used in Counter-Strike, Minecraft, and Zandagort – a space-based strategy MMO game server we are running where an in-game free market trading platform for HYPER is being currently developed.”
What makes Hyper different than Bitcoins is that people who support the currency in their wallets support the network as well by keeping their wallets open. This results in the minting of new coins and eliminates high-end ASICS which are often connected with crypto currencies.
It will be an interesting follow to see how the coin takes off in the industry and see how fast online gambling operators or processors endure the new currency to see if it is something that can be utilize with online gambling processing.