#1 Source For Bitcoin And Altcoin News
The Ethereum project is evolving nicely, as things are finally starting to come to fruition after two years of intensive development. Now that the Ethereum Frontier has been established, the time has come to look ahead and focus on more support for the lightweight client. Casper will play an important role in this process, and now is an opportune time to explain what this project is all about.
Also read: Ethereum: Public Consensus Versus Economic Consensus
Several major Bitcoin and cryptocurrency-related companies are coming forth with major announcements over the course of several days. Just yesterday, we reported how ShapeShift.io has developed a free HTML plugin allowing all online retailers to easily accept Bitcoin payments. Earlier today, they announced the addition of NXT to their exchange platform.
ShapeShift.io is becoming an ever increasing popular cryptocurrency exchange platform, and most of that can be attributed to their ease-of-use. One major issue a lot of people have with crypto-to-crypto exchanges is the fact you need to sign up for an account, verify that account and then log in each and every time to use the platform.
A very interesting cryptocurrency-related book has been made available for purchase on Amazon recently, titled “Cryptocurrency : ‘The Alt-ernative’ A Beginner’s Reference” As you might be able to determine from the book’s title, this book covers both Bitcoin and quite a few altcoins in a historical setting.
The reason for the creation of this book is bringing people up to speed about cryptocurrency, while not focusing on Bitcoin all the time either. By putting no less than 38 different digital currencies in a historical reference frame, readers will have a far easier time to understand terms such as blockchain, proof-of-stake, mining, and others.
One of the altcoins I have been wanting to write about for a while is OPAL. As we mentioned in the Opal Marketplace press release, a full-fledged article would follow soon, so here it is. Let’s see what OPAL is all about, and why you should take notice of this digital currency!
Introduction
Even though OPAL has only been released on September 11th 2014, their developers and community have been slowly making headway in the cryptocurrency community. Some very interesting features have been developed, and plenty more will be coming in the near future. More on all of those features later on in this article.
Over the past few weeks, the Greenbacks team has been working hard to bring new services and features to their community. As a result of this hard work, the GB web wallet is now available, and it offers some very nice features. The Android wallet will be available in a few days as well.
While altcoin web wallets are nothing new over the past few months, it’s hard to find one that offers something you can’t find in (most) other web wallets. The Greenbacks web wallet might look a bit basic, but there are some interesting things under the hood.
URO is a coin making the headlines once again. Even though we were unable to attend the URO Special Event in Hong Kong, we will write up an article about the event at some point next week. A mandatory URO client update has been released, you can now trade URO at AlCurEx and there is this little something called polychains…Here we go!
Mandatory URO Client Upgrade
A new URO client has been released earlier today, and this is a mandatory upgrade for all users and exchanges. A hard fork will occur at block 83,333 . which gives everyone roughly a week to upgrade their clients. The sooner the better though, so download the new URO client here.
Even though we still have plenty of news to cover in regards to existing altcoins, Inside Bitcoins London and Bitcoin mining hardware companies, there is a new coin called VexCoin. For some reason, it has been generating quite some buzz, so let’s take a look at what VEX is all about, shall we?
Introduction
Vex wants to profile itself to the investors, traders and speculators by providing the crypto community with honesty, growth and profit. All of this is quite possible considering VEX is a Proof-of-Stake coin, and there is no (direct) mining involved. How it will play out remains to be seen, but we’ll get back to that later.
Over the years, we have seen many altcoins appear in the world of cryptocurrency. Some were even imitators or clones of other coins. ShibeCoin has always been labelled as a DogeCoin rip off, but that opinion might need to be changed now that the community has taken over the coin.
Even though I never considered ShibeCoin as a DogeCoin rip off myself, I can see where the sentiment is coming from. Either way, the previous developers have let things slip a bit and the coin lost most of its value as a result. The community decided to take over the coin on August 4th, so let’s see how things are going for them.
So I was asked on Twitter the other day whether or not I wanted to do an article about JudgeCoin, as its mining phase is almost coming to a close. As we always like to look at new coins, here are my thoughts on JudgeCoin.
One of the things JudgeCoin has working in its favor from the start is the fact there is no IPO or pre-mine. There are also no parts of mined blocks going to some shady development fund or something similar. Sounds good so far.
Some more new has been posted by the MastCoin developer team earlier today. A new plan is forming to boost the MastCoin price, there will be a PR push and more giveaways, bounty programs and something called Bonus Effect. Madness I tell you!
As a lot of MAST community members are focused on the current price, the MastCoin team felt something had to be done. As a result, they will launch a new project which will improve the MAST price by direct intervention into the market.
How?
I was asked on Twitter in order to do an article about a coin we haven’t covered before. Even though we have plenty of things about CoinSummit to cover, I do want to take the time to take a closer look at RingoCoin.
The person who brought RingoCoin to my attention also said this digital currency has done some amazing work so far. As this coin launched on May 25th, and I had personally never heard of it, I am very intrigued right now.
There has been some more minor news from the CloakCoin developers about their PoSa feature, as well as a new client update. Assuming everything goes according to plan, we might see both things very soon!
If there are no further diversions in regards to the current coding work being done, there should be a mandatory CloakCoin wallet upgrade within 24 hours. This update has to do with CloakCoin’s Proof-of-Stake which needs patching.
In other CloakCoin news, we might see a public beta testing phase take place within the next 24 hours as well. This beta test will allow users to experience CloakCoin’s Proof-of-Stake Anonymity. More information about this feature can be found here.
Time to look at some more coins, as it seems there is hardly anything worth of note about the coins we have covered before. LightCoin was suggested to me on Twitter, so let’s start off the day with exactly that!
Do not confuse LightCoin with LiteCoin, as they have absolutely nothing to do with each other. LightCoin uses the X11 Proof-of-Work algorithm , followed by a Proof-of-Stake switch once 10 million LIT have been mined.
As we have all been witnessing the release of the new and improved X15 algorithm recently, it’s time to take a look some of these X15 coins. What better way to start than with…well.. X15Coin?! Catchy name, that’s for sure.
So the new X15 algorithms consists of 15 different scientific hashing functions, which can be mined with both CPUs and GPUs. As I don’t mine X15 myself, I can’t tell whether it runs cooler compared to X11 or not, but from what I hear, it’s a bit faster than X13 mining.
We have some more interesting news from the NautilusCoin team. After the successful partnership with MMA-star Jon Fitch (who won his fight!), the team is now looking at the road ahead, so let’s look over their shoulder!
The NautilusCoin developer is looking into making this digital currency switch over to Proof-of-Stake. The network is vulnerable for a big miner to execute a 51% attack if he/she wanted to do so. More information about this switch will be posted at a later date.
There is a mandatory client update for BlackCoin, which was released just minutes ago. This updates’ main feature will be Proof-of-Stake 2.0, but there are some other important fixes as well, so let’s take a closer look!
It has been announced for weeks now, how BlackCoin would bring us the new level of Proof-of-Stake, called PoS 2.0. As the current PoS system has a fair few vulnerabilities, rat4, the main BlackCoin developer, started working on a solution.
For our eleventh and final article of the day (and we are getting tired, believe me), I wanted to talk to our loyal readers about some recent updates from the VeniVidiVici Coin team. After some issues with PoS, which have been fixed, they now also have a multipool ready!
When VeniVidiVici Coin switched from Proof-of-Work to Proof-of-Stake, there were some small hiccups with the wallets and blockchain. As a result, a mandatory VVV client update was released by the developers, in order to address these issues.
So a few people have asked me to do a follow-up article on BlueChip, a relatively new digital currency which we covered before in an article here. Let’s take a closer look at what the team has been up to over the past few weeks!
When we last discussed BlueChip, the coin was still in its Proof-of-Work stage, which has ended a little while ago. As of this writing, BlueChip is 100% Proof-of-Stake, and users are generating stake interest at 15% per annum.
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.
After receiving a few requests on Twitter to do an article about a digital currency we didn’t talk about yet, the time has come to take a closer look at RoxCoin. The tagline seemed interesting : “Crypto With A Beat That Rox’s” . Alright, here we go!
RoxCoin is a digital currency developed for musicians, song lovers and Crypto enthusiasts all over the world. The team has collaborated their passion of music and Crypto to create a very unique coin that truly ROX’s !
