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The Reddcoin development team has announced they have designed a brand new algorithm, known as Proof-of-Stake-Velocity (PoSV), which the coin will be moving to in the fairly near future. This new algorithm works similarly to Proof-of-Stake, where users “mint” new coins by demonstrating ownership of your current coins, rather than with the computational power used in more traditional Proof-of-Work coins. ...

An article on CNN has stated that Josh Wise’s Dogecoin NASCAR — that we got a first glimpse of yesterday — will be featuring in the latest edition of the NASCAR video game. According to the article, the car will be added to the game by way of downloadable content (DLC), allowing players to take the moon-bound vehicle out onto ...

GB Coin is taking a somewhat more personal approach to getting British Citizens into the coin than other nation-based currencies — local, in-person workshops. Where they even take along a mining rig to show those who attend, all for free. We spoke to Dave from the GB Coin team to ask how it went: We aim to run free workshops ...

The Worldcoin Alliance has announced “major network upgrades” before the end of the month, many of which aim to increase the security of the coin by way of “Project Worldshield”. Unfortunately, specific details on what Project Worldshield will add to Worldcoin are few and far between at this time — although we do know that it will introduce super seed ...

The creator of the Reddit’s DogeTipBot “Mohland” has announced they’ll he is raising funds through Dogecoin for students and families of a recent and tragic bus accident — a cause that’s very near to his heart. He writes on Reddit: As many of you know I live in Arcata, and I’m a graduate from Humboldt State. Late last week, a ...

Last night, Dogecoin API sent out an email to warn that users’ accounts may be vulnerable due to the recently revealed heartbleed vulnerability in Open SSL — a encryption software used widely across the internet. The email warned users that they should reset their passwords: DogeAPI was vulnerable to the heartbleed bug in OpenSSL for more than a day. A small number ...

Reddcoin aims to be “the social currency”, and it’s things like the newly launched Reddcoin Broadcast platform that are going to make it uniquely social when compared to others. Reddcoin Broadcast is what’s been labelled a crowd-speaking platform, the most popular of which to date is known as Thunderclap. Where crowd-funding allows you to raise funds if you meet your ...

Ghostcoin is just over a month old now. It’s a proof-of-stake coin (PoS) that’s particularly interesting due to the idea of increasing reward amounts over the first six years. The initial 20% of a total 750 million Ghostcoin (GHC) are to be distributed by proof-of-work mining during the first three months. After that, proof-of-stake takes over, with an initial 20% ...

US congressman Steve Stockton of Texas has revealed that he plans to introduce the very first cryptocurrency related bill. The “Virtual Currency Tax Reform Act” intends to see cryptocurrencies reclassified as actual currencies, rather than as property — a decision that was announced by the IRS within the last couple of weeks. Users have expressed their disappointment at this decision as ...

Dogecoin co-founder Jackson Palmer has now made his thoughts known on the idea of Dogecoin integrating merged mining with Litecoin — which was initially proposed by Litecoin creator Charlie Lee. The idea was proposed as a way to secure Dogecoin’s future as we approach the widespread availability of dedicated mining machines or ASICs. Palmer, however, doesn’t seem to feel that ...