Mar 25, 2014

Bitcoin goes national with Scotcoin and Auroracoin

Posted by in category: bitcoin

The Aurora Borealis or Northern Lights in Iceland.

The promise of bitcoin is a universal currency free from the control of any nation or government. But a new generation of cryptocurrencies are focusing on the opposite goal: building money to solve problems specific to one country.

On midnight Monday, Auroracoin, a bitcoin clone which is the fourth most valuable cryptocurrency being traded today, entered the second phase of its life, with a “helicopter drop” of 30 auroracoins to every citizen of Iceland.

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