One of the coins I really want to take a closer look at it, is called AeroCoin. As this is a new digital currency which was released under four weeks ago, it will give us a good indication on how this coin is faring so far. Let’s take a look!
AeroCoin saw the light of day on June 29th, even though it was pre-announced on June 22nd. The good thing about pre-announcements is that you can get a lot of people interested in your digital currency before releasing it, as well as take away some of the doubts users might have.
The main focus of AeroCoin is to be one of the most fairly distributed coins to date. The initial distribution will take place during a full week of Proof-of-Work mining, followed by a Proof-of-Stake interest of 12% per annum.
One of the things that intrigued me about AeroCoin is the fact they have a dedicated marketing team put together before the launch. Community involvement and ideas are still incredibly value to the developers however.
Another big plus of doing a re-announcement, is telling people all about your future plans. AeroCoin has several features coming up in the near future, which will increase the adoption improve the branding of AERO.
One of these features, is called AeroME, which will encompass an entire ecosystem where AeroCoins will be traded through the decentralized network. AeroME will also serve as a platform where users can interact, trade, and share knowledge. I like the sound of it already!
AeroME is expected to launch within 1-2 months of the initial PoS period.
Regarding the Proof-of-Stake period, users will be earning stake interest from day 1, but the full switch to Proof-of-Stake will take place at block 7,122. Keep an eye on the block numbers in your AeroCoin client.
There are no less than six phases to the launch of AeroCoin :
1) Phase 1 6/29/2014 Aerocoin launch
2) Phase 2 Project AME begins, which is a heavy marketing target throughout social media, forums, and whitepaper.
3) Phase 3 Mining distribution continues and Exchange presence greatly enhanced with our marketing funds.
4) Phase 4 Service acceptance announcement, Aerocoin will be integrated with payment processing and an online store to sell goods and services.
5) Phase 5 Decentralization incorporation will occur, POS begins in one week. This will greatly enhance the value of miner’s coins.
4) Phase 6 Alpha of AeroME unraveled and shortly after the launch
We should also take a look at AERO’s technical specifications :
X13 + POS
Total POW Coins: 12,000,000
Block Reward: 1785
Block Time: 90 sec
Premine: 2% Why? To fund AeroME, Promotion, and Bounties
Maximum POW Blocks: 7122
First 400 Blocks Contain 1 AERO
Stake Interest: 12% per annum
Minimum Stake Age: 8 Hours
Max Age: 2 Days
As far as exchanges go, you can trade AeroCoin on C-Cex.
You can find out more about AeroCoin by using the following sources :
AeroCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=660938.0
AeroCoin on Twitter : http://twitter.com/aerocoin
AeroCoin on Facebook : https://www.facebook.com/pages/Aerocoin/341677855979300
AeroCoin on Reddit : http://reddit.com/r/aerocoin
AeroCoin Donations : ARb2pJhYLURjVD7FzMapTNqQzuDUbER85w