All Things Alt: Anon Reviews, Backslash's Beta and a Pink Partnership

Cooperation between coins is not new, though past examples like UNOCS have demonstrated that there are limits to broad organizations formed by ostensibly competing coins.

"Pink and Sync are not in competition in the same space within the altcoin world since Pink is so abundant with about 364 million coins and Sync is so scarce with about 1,100 coins we view Pink as having day-to-day usage whereas Sync is effectively the gold reserve."

The pinkcoin team is currently working on the beta version of its online poker platform, and the partnership adds a level of support to the project.

The team behind the project said that they took a similar approach to Coinbase in terms of coin management, which keeps their transactions off the block chain and, as a result, free.

CoinDesk spoke with Paul Benigeri and Roneil Rumburg, the co-creators of the web platform, who said that the goal is to make it easy to tip or donate dogecoin, which are arguably two of the key use cases for the coin.

Other coins built on the basis of anonymity have been subjected to public coin reviews, and most of these undertakings are intended to prove the veracity of the anonymizing mechanisms.

While not the first to suggest using a proof-of-burn mechanism to produce coins in a network, ÇoinProLite is perhaps the most outlandishly presented as demonstrated by its Bitcoin Talk forum post.

Using a commonly attributed term to denote coins that are of a poor quality, the ÇoinProLite developer says that the altcoin community at-large can help lessen or eliminate coins that are no longer in use, and that many a so-called bagholder can escape their "Dire positions" with ÇoinProLite.

ÇoinProLite is expected to have a max supply of roughly 2.6 billion coins, though the final amount could change depending on the number of coins burned in the process.

The coin's "Innards and guts", in the words of its developer, provide multiple proofing systems, including a staking mechanism that generates a small interest rate.