ASIC-resistant Execoin Innovates Again
Execoin is progressing rapidly up the ladder of altcoin success, a month after its official release. The coin is a member of the family of ASIC-resistant altcoins that have adopted a defiant stance against scrypt ASIC mining. The formation of a GPU-only strain of altcoin pre-empts the market-shaking effects of the looming scrypt ASIC invasion and these altcoins have positioned themselves for the changes that are about to sweep across the cryptocurrency domain. Disclaimer. It should be mentioned at the outset that the writer has some bias in favour of Execoin, namely operation of mining....
Related News
P2Pool is a decentralized mining pool that consists of a network of peer-to-peer miner nodes. To create a node and join P2Pool, you have to run the p2pool node software. Execoin is a new scrypt ASIC-proof and multipool-mining resistant cryptocurrency that can be effectively mined via P2Pool. This guide will show you how to configure p2pool node software for Execoin, how to join ether the official (and largest) Execoin P2Pool network or a smaller low-hash rate P2Pool network and establish your node as a mining operator peer. We will be using a fork of the original Bitcoin p2pool software,....
Since its launch in late February, Execoin has rapidly distinguished itself as a serious cryptocurrency with a visionary team behind its development. During the 3 weeks since launch the following changes and upgrades were made: Implementation of Kimoto Gravity Well. Paper Wallet and Bulk Wallet address generation system. More Mining Pools. Including a new low-hash P2Pool: http://p2pool.bihthai.net:9173. Two Fully functional Block Explorers; http://explorer.execoin.net; http://execo.in. Reddit Tipbot is now available. Five additional exchanges. Poloniex. Coinader. Bittrex. Coinpeat. ...one....
Execoin (http://execoin.net), the fast ASIC-resistant crypto currency, proudly presents the first open-source Electrum wallet with stealth addresses technology! After months of intensive development, the Execoin team has released its own open-source implementation of stealth addresses technology based on the Electrum-EXE wallet (http://electrum-exe.org/stealth). Unlike proprietary closed-source stealth payment solutions currently available on the market, the Electrum-EXE code can be audited in order to make sure that there are no security vulnerabilities or intentional backdoors .....
Litecoin, the world's third largest cryptocurrency ($ 137,703,781 in marketcap) created in October 2011 by Former Google Engineer and current Coinbase Director of Engineering Charles Lee was popular among digital currency miners due to its implementation of a unique ASIC resistant proof of work algorithm called s-crypt (scrypt). ASIC stands for Application Specific Integrated Circuit and is used by miners to verify hashed transactions on litecoin and bitcoin networks. Due to the network's resistance to ASIC products, the number of miners rapidly increased and litecoin thrived for the past....
MAT Bitcoin ASIC 6TH/s. Netherlands based company Mining Asics Technologies B. V. (MAT) today announced it would start taking pre-orders for a new range of Scrypt ASIC miners. MAT is one of the first companies to introduce a wave of powerful new Bitcoin Asic miners and Scrypt ASIC miners for Dogecoin, Auroracoin, Feathercoin, Litecoin and other scrypt cryptocurrencies. Pre-orders are open from 12 March 2014. Standalone Scrypt ASICs. All of MAT's ASICs are standalone embedded application devices featuring a Linux operating system running CGminer. The devices can be configured via webGUI....