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It has been a while since there were some new developments coming from DreamCoin. That has a pretty good reason apparently, as the original developer has deleted the coin source code, block explorers and a bunch of other things.
I’m starting to see a trend forming here, where people “create” (I’m using this term very loosely) a new Crypto , spread it out, cash in and then tell the rest to “fudge off”. While this an interesting way to make some quick money, it’s not the way we want Crypto to go.
We recently talked about DreamCoin, a new X11 Proof-of-Work/Proof-of-Stake hybrid cryptocurrency, with a very limited mining phase. Well, that mining phase has come to an end, so now what?
A very good question. For now, all we can do is let our DreamCoin wallets stake as much as possible, until the DreamCoin multipool is ready. There is no official ETA yet, but it shouldn’t take longer than 3-5 days to complete.
Now that no more coins are being mined, we should see an increase in price on the exchanges. The only new coins will be generated through staking, at a very slow and minimal rate. Very interesting situation indeed for DreamCoin holders.
There is one hell of a new popular cryptocurrency in town, and it’s called DreamCoin. A lot of you will probably have never heard of it, but that’s why I am here, to explain it to you. Sit back, relax, because here we go!
Being released on May 7th, DreamCoin was off to a good start immediately, with a nice community adopting this cryptocurrency. Maybe it was also in part because of the anonymity feature built-in, but we’ll get back to that later.