PhenixCoin: no Code, no Coin
The digital currency and trading system PhenixCoin is on the edge – leading personalities cannot be allocated and contacted. The situation can be described as crucial for the currency that can be dated with this year’s May. The disappeared representatives are the developer, the community and PR managers of the currency from the UNOCS groups uniting three similar coin systems. The initial idea was rather interesting – the uniting principle might simplify the use, widen the capabilities of the exchange system PhenixEx of the same developer and maybe later open some more homepages offering....
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The PhenixCoin altcoin is in disarray, after its sole developer disappeared from the scene. Its community manager and PR handler have both walked away from the initiative, and the founder of the coin has stopped communicating. PhenixCoin, launched in May, was one of the three coins that were part of the original UNOCS initiative to create a software bridge between altcoins. PhenixCoin had been criticized by community members on the BitcoinTalk forum, who slated it for missing development deadlines, making unexpected hard fork decisions, and for its pre-mine of up to 1 million coins. Last....
A new altcurrency partnership has just been announced. The United Open Currency Solutions (UNOCS) group consists of Feathercoin (FTC), Phenixcoin (PXC) and WorldCoin (WDC). The three currencies intend to merge their development teams while keeping the three currencies separate. The UNOCS website, has a nine day countdown, indicating there'll be more to find out then. The three coins are planning to form a complementary set as they have each been created with distinct focuses. For example, Feathercoin aspires to be a cryptocurrency for consumers. This was demonstrated by the Feathercoin....
Months ago, Woodcoin founder "Funkenstein the Dwarf" noticed something was awry with the 42 Coin project. When reviewing the code, he saw that there was nothing, actually, stopping the coin supply from exceeding the apparently magic number of 42. He wrote about it, saying: The function "getBlockValue" determines the coinbase reward and hence the money supply. What I saw surprised me: the reward was set to be 0.00042 per block, forever. In other words, no limited supply. No cap at 42! The next thing to do, for anyone who can read and write code, is to create a patch and submit it, right?....
UNOCS, the altcoin partnership between Feathercoin, PhenixCoin and Worldcoin, has announced a new payment system. This system enables instant payments between consumers and merchants. Called UNOCS Bridge it effectively works as an escrow service where users load their account with digital currency for instant payment to merchants. The process by which UNOCS Bridge works is similar in principal to a BTC exchange voucher or a preloaded credit card. The transaction has already been verified by the network by virtue of funding a Bridge account all before funds are passed to a merchant. UNOCS....
In my search for physical Bitcoins, I ran across the Bitcoin Specie coin. It is a 1oz .999 silver coin that does not have any Bitcoin value. It has a QR code that takes you to a webpage to give you the current value in several different currencies starting with Bitcoin. This whole concept is to promote Bitcoin and get coins in peoples's hands they will use and carry around with them. I brought mine to the Inside Bitcoins Conference in NYC on April 7-8. I had several comments on it, and all were positive. Matthew Carson of Minersource.net thinks it is a great idea and an excellent way to....