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Auroracoin News

Auroracoin is an Icelandic peer-to-peer cryptocurrency, designed to avoid government restrictions on krona that strongly limit its movement outside Iceland. AUR is explained as the first country-based cryptocurrency and was intended to be distributed to all citizens of Iceland. Auroracoin was initially based on Litecoin’s core but changed its codebase in 2016. It is not dependent on the national currency or national banking system and has no regulations over it, although the government helped establish it by giving the developers access to Iceland’s databases. 50% of Auroracoin was “airdropped” to all the citizens listed in Iceland’s national ID database who claimed their right to it. Unclaimed pre-mined coins were made inaccessible or “burned.” Auroracoin has a fixed supply that helps fight against inflation and can be sent anywhere, keeping transactions secure and anonymous with randomly generated addresses.

GHash.IO, the mining pool that almost created a 51% attack back in January, recently announced some big changes, including a Scrypt mining pool that allows cust...
Interview with Jeffrey Smith of GHash.IO
Anthony Wall
2014-03-16T21:46:00+00:00
474
The shock from Mt.Gox crash and some statements made Mark Karpeles has ceased. The pain from the loss of money has not gone, but it does not bother the users so...
Cointelegraph Weekly Review (Mar. 3-7)
Sascha Carroll
2014-03-08T12:31:46+00:00
236
Auroracoin’s value has suddenly taken off. In one 24-hour period this week, the value of the coin rose by more than 300%, giving it the third-highest market cap...
Meanwhile in Iceland, Auroracoin Price Skyrockets
Anthony Wall
2014-03-01T16:57:00+00:00
290
A local cryptocurrency fan, Baldur Friggjar Odinsson, has created a digital currency specifically for use in Iceland. The currency, Auroracoin, will get an init...
Altcoin Spotlight: Iceland’s Auroracoin
Anthony Wall
2014-02-10T11:18:00+00:00
234

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