It’s time to look at a new Crypto today, and one of the hottest trends at the moment is still coloured coins. We’ve had WhiteCoin, BlackCoin, YellowCoin, and others. But have you heard about OrangeCoin yet? Let’s take a look!
OrangeCoin has been introduced to the Crypto community about three weeks ago, on April 23rd. From the start, there has been a great community forming around this new Crypto, and the support has been absolutely amazing.
Being a Scrypt Proof-of-Work/Proof-of-Stake hybrid, with a two week mining period during which 50 million coins have been generated, you can see why it caught people’s attention. But the fun doesn’t end there!
OrangeCoin also has a Proof-of-Stake phase, during which an additional 160,000,000 coins will be generated over the course of roughly 46 years. Year 1 will give users 20% stake, with a minimum coin age of 14 days and a maximum coin age of 28 days. Year 2 grants 10% stake, year 3 5%, year 4 and onwards a flat rate of 2,5%.
One of the interesting tidbits about OrangeCoin is the fact they have Coin Control integrated into their client. Lots of coins are pursuing this feature as well lately, but OrangeCoin beat quite a few of them to the punch.
As with any self-respecting PoW-gone-PoS Crypto, OrangeCoin has a fully functional multipool available for mining. Or, to be more precise, two multipools, with a third multipool to be added in the near future.
OrangeCoin can be traded on two exchanges as of this writing, BitTrex and BitOnyx. The plan is to get added to Poloniex, Cryptsy (6th place), MintPal and ShareXCoin through community requests and voting.
With a very determined developer, who is working very hard to make OrangeCoin a success, a strong community and a steadily growing market cap, OrangeCoin is definitely a Crypto to keep an eye on.
Check out the official OrangeCoin website, as well as the OrangeCoin thread on BitcoinTalk!
OrangeCoin donations are welcome to : oddSeYAp2uoSZ294SLGhJqPnUToRvRtDr1
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