Global Denomination: Coin Dev Interview
Global Denomination, with 1 minute transactions using X11 and Digishield is a coin that promises the ability to securely and quickly send GDN across the globe, with 6 confirms average in 6 minutes. Also with a decentralised community with the interests of the currency in hand, this is a coin I don’t see going away anytime soon. I first heard of Bitcoin in early 2013 and started researching it, after much reading up I then started mining with my normal GPU. As ASICs came out I noticed it was not really profitable to mine Bitcoin anymore by GPU so I started mining Litecoin for a while. As I....
Related News
The latest breed of X11-driven cryptoassets is challenging the popular concept of anonymity in cryptocurrency – and Global Denomination (GDN) is at the forefront of the space’s latest features. The X11 algorithm, also known as chained proof of work, was first introduced with Darkcoin earlier this year, and has since spawned a cluster of peers all striving to evolve the technology in different directions for various uses. Whereas Darkcoin’s genesis was based on the desire to provide new levels on anonymity, however, GDN’s developers argue the opposite. Their coin, dubbed “anti-anonymous",....
Unfortunately, this appears to be another way of ending cash in Ireland. The war on cash waged by governments and central banks is in full effect as of right now. Ireland’s Central Bank plans to dispense more 10 and 20 euro banknotes through ATMs. Although that may sound like an innocent decision, it is a significant step towards getting rid of high-denomination banknotes. Officially, the bank sees this move as a way to make lower denomination notes “more accessible.” It is apparent the Central Bank of Ireland has a clear plan in mind. Banks are forced to issue lower denomination banknotes....
Will Thomas, founder of Britcoin, gives us a deeper look into the ever growing popularity of national cryptocurrencies and why they're important to people. We'll also take a look at the path Britcoin has taken and what the future might hold. We'll meet the developers to find out what exactly makes this coin tick. Previously, CCN has had Britcoin as the Random Coin of the Day. If you'd like to learn even more about Britcoin, such as mining information and where you can trade the coin, have a look. Britcoin Exclusive Interview. Why is a national cryptocurrency necessary? We believe national....
Geekkos is a project that was first introduced in November of 2014 by Twitter user @crazy_crypto, who is known for trading altcoins. He is the creator of the Geekkos altcoin and handles all business related to the coin. The coin specifications are as follows: Initial coin supply: 10M (10,000,000) distributed via crowdfunding. Algorithm: Scrypt – 100% PoS v2 (Proof of Stake) + PoP (Proof of Play). PoS: 10% fixed interest annually. I reached out to Carlos in hopes of an interview and sure enough he responded. Here is the interview hosted with Carlos(@crazy_crypto)
Peter Sands, the former chief executive of British multinational and financial services company Standard Chartered, states that central banks must terminate the issuance of £50, $100 and€500 bills to reduce the circulation of fraudulent transactions. Sands’ new report titled “Making it Harder for the Bad Guys: The Case for Eliminating High Denomination Notes”, published by Harvard Kennedy School, proposes the central bank eliminate high value currency notes to reduce illegal money flows, tax evasion and financial fraud. “Our proposal is to eliminate high denomination, high value currency....