SibCoin – the Cryptocurrency Conquered Siberia and Outsailed Dash

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In early 2017 SibCoin’s masternode network volume surpassed that of its the coin that spawned it (Dash) and the gap continues to stretch wide open. The question is – how did this mighty Russian bear fly right under the radar of the cryptocommunity?

Emerging out of Russia’s heartland Sibcoin has garnered massive support in the national crypto-community and became the coin of choice for thousands of fans.

Siberia is Russia’s legendary treasure trove, yet denizens of this rough land, just like the rest of the country, often do not feel like their living conditions fully reflect their input in the economy.

Blockchain is seen as a solution to corruption and bureaucratic inefficiency by many. But due to insular political views and general mistrust towards big ideas coming from the West, most Russians up to this time were not ready to trust bitcoin easily and needed something familiar and relatable to introduce them into the world of blockchain. And thus Siberian Chervonets (SibCoin) was born.

SibCoin is a Dash fork, employing additional encryption algorithms devised by Russian cryptographers. First block was mined on May 2015, coin’s adoption growing rapidly ever since.

It is is striving to become the driving force behind the consolidation of the Russian Blockchain community. Frequent community meet-ups are held in every large Siberian city and a score of cities in western Russia and neighbouring countries.

For additional information visit their official website at http://sibcoin.org/en/

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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