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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.

National altcoins are becoming an increasingly robust phenomenon in countries throughout the world. Like Bitcoin but thinking local, their aim is to strengthen ...
Cointelegraph’s Guide To National Altcoins: A Viable Local Alternative?
William Suberg
2017-02-13T11:32:00+00:00
1852
While Bitcoin is promising to become a universal currency, a new generation of cryptocurrencies is stepping in attempting to solve financial problems in specifi...
Life After Official Currencies: Lessons from Auroracoin, Scotcoin
Alicia Naumoff
2017-01-04T19:52:00+00:00
1337
Iceland’s Pirate Party may win the national elections on Saturday which can lead to a strong pro-cryptocurrency presence in parliament.
Iceland’s Pirate Party Could Win Parliamentary Elections, Benefiting Bitcoin, Auroracoin Adoption
Joël Valenzuela
2016-10-25T19:10:00+01:00
1741
Auroracoin, Iceland’s cryptocurrency, just got its first ever documentary courtesy of Vice Motherboard, its first major news hit outside of cryptocurrency news ...
Vice Makes 15-minute Documentary on Auroracoin, Iceland’s Cryptocurrency
Joël Valenzuela
2016-07-10T16:08:00+01:00
1539
Why it’s important to be “shilling for altcoins” instead of focusing exclusively on Bitcoin, cryptocurrency’s clear frontrunner.
Why I’m a Proud “Altcoin Shill”
Joël Valenzuela
2016-05-29T15:10:00+01:00
1815
Resurgent regional cryptocurrency Auroracoin debuted Iceland’s first-ever cryptocurrency exchange, ISX, allowing the people of Iceland to trade Auroracoin and k...
Auroracoin Foundation Debuts Iceland’s First Cryptocurrency Exchange
Joël Valenzuela
2016-05-05T17:25:00+01:00
1896
Is Bitcoin’s dominance over the cryptocurrency world slipping? Altcoin developers talk about how their competitive advantage and gains in merchant adoption work...
Age of Altcoins? Alternative Cryptocurrencies Make Gains Against Bitcoin
Joël Valenzuela
2016-05-02T16:50:00+01:00
2473
Iceland’s bus stops are now decorated with advertisements for Auroracoin, the Icelandic cryptocurrency, which is set to have a new currency exchange next month....
Auroracoin Ads Hit Iceland's Bus Stops, Auroracoin/Krona Exchange Coming Soon
Joël Valenzuela
2016-04-28T13:00:00+01:00
626

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