Sterlingcoin has finally launched, even though the original release date was expected to be September 20th, there was a small delay because of the mining pool wasn’t accepting valid blocks. That issue got sorted quickly though, so let’s see how everything went.
The Sterlingcoin pool issue was fixed within 12 hours, after changes bits and pieces of the SLG code. As the X13 protocol isn’t natively supported by MPOS, and requires a different stratum server written by OCMiner, it took a little while to fix. However, mining Sterlingcoin is now possible and blocks are being accepted by the pool.
If you read our original Sterlingcoin article, you may recall we mentioned there being a spacedrop. Everyone in the world could fill in the details and receive 50 SLG, without hassle. These spacedrop payments have started going out manually, and the auto-payout script is being finished as we speak. I just requested my 50 coins here.
You may also recall us mentioned Sterlingcoin would be added to Facebook’s MultiTipping app. To put it simple : you can now use SLG to tip other users to the MultiTipping app on Facebook, and thus spread the word about Sterlingcoin. In order to start using this app, you will need to be a member of the Sterlingcoin group on Facebook, and have the MultiTipping app installed.
The Sterlingcoin LiteBit market is now available as well! LiteBit allows users to trade their cryptocurrrency (including SLG) against EUR, with other fiat currencies being added in the future. Supporting payment methods include iDeal, Giropay, Mister Cash Bancontact, Sofort Directbanking and SEPA transfers.
Last but not least, Sterlingcoin has been added to its very first exchange. On the BitTrex exchange, you can now trade SLG against BTC. With a current price of 46,000 Satoshi per SLG, and slightly over 2 Bitcoin in trading volume so far, things could be interesting to keep an eye on if you ask me.
Make sure to keep an eye on the Sterlingcoin thread on BitcoinTalk :