UNOCS altcoin partnership dismantled following Feathercoin pullout
UNOCS, the partnership designed to take several altcoins mainstream, has been dismantled after Feathercoin announced its departure from the scheme. The United Open Currencies Solutions project, originally announced just two months ago, met its end unexpectedly this weekend after one of the founding coins, Feathercoin, publicly announced that it had pulled out. This left the other two coins, Phenixcoin and Worldcoin, unable to continue with the project, said representatives. Feathercoin's new spokesperson, Chris Ellis, made the announcement at 4pm UK time via email, and in a post in the....
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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....
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....
Feathercoin. The Feathercoin price fell 15% this week. This price decline is a continuation of the steady downtrend Feathercoin has experienced since the Feathercoin price rose in anticipation of the altcoin's switch from the Scrypt algorithm to the ASIC-resistant (for now) NeoScrypt hashing algorithm. Also read: Feathercoin Price Rises Ahead of NeoScrypt Hard Fork. Feathercoin Price Continues to Decline. Since the pre-NeoScrypt spike in October, the Feathercoin price has steadily declined. However, the Feathercoin price had remained fairly steady at ~7,000 satoshis since mid-November. But....
Several months ago, Feathercoin developer Pete Bushnell announced the coin would transition to the newly-developed NeoScrypt hashing algorithm, which is resistant to ASIC miners. On October 26, Feathercoin will undergo a hard fork to make the official transition. The Feathercoin price has increased in anticipation of the update. CCN analyzes this altcoin price movement. Also Read: Should I Purchase an ASIC Scrypt Miner? The Feathercoin Price Has Risen Almost 50%. Feathercoin released client 0.8.7.0 on October 13. The update includes the NeoScrypt hard fork, which will take place on October....
Feathercoin is giving away $1000 worth of feathercoins as a thank you to its forum community of 1000. The announcement from the Oxford-based, open-source currency, comes after a period of intense interest in Feathercoin and many other digital currencies. "Feathercoin is making a big splash as it receives attention from hundreds of volunteers around the world who donate time and resources to the currency," said lead developer Peter Bushnell. "The official Feathercoin forum has exceeded 1,000 members and is preparing for an aggressive push into mainstream markets. In celebration the....