Hey guys,
I'm looking to point my miners to an altcoin with the intention of holding long term. Coino is one my strongest candidate coin, just a few questions to help me understand better:
1. I read an article linked on the OP about the improved security, but how is that so if there is only 2 confirmation? doesn't that make this coin more prone to double spending?
2. I remember Coino being at 20000 satoshis? what happened that it came down so much? I understand all altcoins have lost quite a bit of steam from Bitcoin's crash, but seems like Coino went down even more significantly compared to other altcoins
3. I really like the idea of the credit and debit card idea. But doesn't bank fees still apply for merchants? how does this work?
Otherwise, seems like a great community, and I get the sense the dev team is very serious and professional. Thanks for taking the time to help me understand.