Category Archives: Cryptocurrency

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UltraCoin @ CryptoCurrency Convention NYC 4/9/14 - Reggie Middleton
International attention has been drawn to the growing poverty in suburban America following days of violent protests in Ferguson, Missouri after the August 9. CryptoCurrency Convention 4/9/14...

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UltraCoin @ CryptoCurrency Convention NYC 4/9/14 - Reggie Middleton - Video

Hull City Council have launched a new Bitcoin-style cryptocurrency in the city and yes, surprisingly, this isnt an April Fools joke. After making enquiries, the council have confirmed to me that yes, it is definitely real.

Stories started appearing yesterday which is usually a sign of greater credibility when youre writing something on the internet on April 1st. According to CoinDesk, the intention is to use the currency to tackle poverty.

Apparently the way it will work is by paying local people in Hullcoins for certain activities such as volunteering, and also accepting Hullcoins at local food banks (though Hullcoin allocation will not be dependent on volunteering it will be allocated based on poverty/need).

Whilst it may sound bizarre it just might work. The virtual coins wont have any impact on benefits received in real money because the currency is currently unrecognised by the UK government. Theres also the precedent of other local currencies like the Brixton Pound. Whilst the Brixton Pound is not a cryptocurrency (it is made of a quaint material known as paper), the idea with it is that it is issued and spent locally in Brixton to support the local economy. Hullcoin could end up playing a similar role.

On a technical level, the computer used to generated Hullcoins (the mining rig) has apparently been donated by an anonymous benefactor, and the currency is apparently based on two different mining scripts: Feathercoin and and Ven the use of a mixture being designed to create greater stability in the currency.

So itll be an interesting experiment and itll be interesting to see if the first government-backed cryptocurrency will turn out to be a success.

By James O'Malley | April 1st, 2014

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Not an April Fools joke: Hull launches its own cryptocurrency: "Hullcoin"

How to setup a cryptocurrency wallet - Crypto-Network.com
This is a tutorial on how to setup a cryptocurrency wallet by Crypto-Network.com.

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How to setup a cryptocurrency wallet - Crypto-Network.com - Video

Dogecoin cryptocurrency passes Bitcoin to reach the moon
DOGCOIN . : http://8b.kz/9VDr ...

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Dogecoin cryptocurrency passes Bitcoin to reach the moon - Video

[182] Reggie Middleton on cryptocurrency and Dan Geer on market security
The European Purchasing Managers #39; Index (PMI) came in on Monday and it wasn #39;t pretty; manufacturing growth in the Eurozone slowed to a 13 month-low in August. International attention has...

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[182] Reggie Middleton on cryptocurrency and Dan Geer on market security - Video

Dogecoin, Bitcoin and The Cryptocurrency Revolution
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Dogecoin, Bitcoin and The Cryptocurrency Revolution - Video

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All donations are welcomed: 15003961341330858247 http://nxtcrypto.org Nxt is the Second Generation of Cryptocurrency. Nextcoin and Nxtcoin are features of Nx Video Rating: 3 / 5

Article Companion http://www.blacktntnews.com/crypto-mining-101/ In this video we discuss the following: What is Mining How does it work What do I need to mi Video Rating: 4 / 5

Yet another interesting activity made possible by Coinographics unique collectible coins. For more information, visit http://coinographic.com.

This week, Jason talks to a pioneer in the Wild West of cryptocurrency. Eight months ago Josh Mohland created DogeTipBot, a tool for tipping with dogecoin on Video Rating: 5 / 5

Ever more people are using digital currencies to pay for things though its still relatively hard to find places that will accept them. But not so in one D Video Rating: 4 / 5

CryptoCurrency Convention 4/9/14 David Lio Auroracoin Join us at our Next EVENT located in London, UK 2014. DATE: October 22nd, 2014 LOCATION: The British

Did this video make you think? Leave a question in the comments below! Bill Gates called Bitcoin a Technical tour-de-force. Google CEO Eric Schmidt told Video Rating: 4 / 5

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Unique Cryptocurrency Income Systems

Days after Vertcoin forked its network to implement an anti-ASIC algorithm Lyra2RE, another cryptocurrency with similar objectives was launched. Named as Kryptohash, the new altcoin is promising new features against ASIC mining, one among which is a brand new POW algorithm.

KSHAKE320 The New POW Algorithm The new algorithm is aiming to reduce mining costs by completely eradicating ASICs from the picture. A small description of KSHAKE320 describes it as a new Proof-Of-Work algorithm (POW) based on the Keccak-F 1600 Sponge function in a mode called Extendable-Output (a.k.a. SHAKE). SHAKEs variable output makes it ideal for a Proof-Of-Work solution, as it can easily be configured to require large amount of memory which increases the computing cost to those attempting to perform large-scale ASIC attacks.

Incidentally, Vertcoin is also using the hash function Keccak in its chain algorithm, which also includes other algorithms like Skein, Groestl, Blake and Lyra2. However, the Kryptohash developers have implemented a 320-long mining hash, while Vertcoin uses the 256 one. Also, there is no mention of SHAKE in the Lyra2E whitepaper, which makes KSHAKE320 a truly unique algorithm thanks to handful of new features..

Mining Incentives The block solvers are promised to be paid a fixed 0.5% fee. The absence of ASIC mining will indeed eradicate mining monopoly, as the probability of solving one block would be same for each miner. The block difficulty will be adjusted every 100 blocks using a PID algorithm. Here is the block reward and fee structure listed on Kryptohashs official website.

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Another Anti-ASIC Cryptocurrency Launched | NEWSBTC

Coin Brief Podcast #25: Cryptocurrency Bill, BitLicense Comments, USMS Bitcoin Auction, More
Visit us at http://coinbrief.net/ and follow us on social media! Twitter: https://twitter.com/CoinBrief Facebook: https://www.facebook.com/coinbrief Sean Win...

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Coin Brief Podcast #25: Cryptocurrency Bill, BitLicense Comments, USMS Bitcoin Auction, & More - Video