Guldencoin Develops 'Readjustment' Algorithm To Help Block Chain Mining
Guldencoin, a national cryptocurrency in the Netherlands, has developed a "readjustment" algorithm called DELTA that adjusts the difficulty in mining block chains. The algorithm helps miners generate blocks at regular intervals. The DELTA readjustment algorithm maximizes the amount of hash power miners have to generate blocks. In doing this, the readjustment algorithm addresses the mining difficulty caused by profit-switching pools. These are centralized mining pools that switch between coins based on the level of coin profitability. Why mining pools switch coins. The pool normally waits....
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There are already plenty of bitcoin payments platforms in existence and Nocks seeks to differentiate itself from the rest by introducing an agile and multi-featured aspect. Dutch entrepreneurs Roel Buerra and Patrick Kivits wanted to come up with a platform that was intuitive to learn and friendly to novices. Nocks is a tool that lets users pay with bitcoin wherever Guldencoin is accepted and vice versa. Guldencoin is another alternative digital currency that has gained widespread adoption in the Netherlands, as it has been accepted in public transport. Bitcoin Payments Features. Nocks has....
Guldencoin, a national cryptocurrency in the Netherlands, has established a strong level of acceptance among Dutch businesses. Named after the longstanding guilder Dutch currency that the euro replaced in 2002, Amsterdam-based Guldencoin bills itself as a national cryptocurrency. Customers can pay with Guldencoins and merchants can be paid in euros. Launched in April of 2014, Guldencoin has gained a large following among Dutch merchants and ranks as the world's 69th largest cryptocurrency in terms of capitalization, according to coinmarket cap. To accept Guldencoin, merchants create a....
Nocks, an Amsterdam-based payment platform for bitcoin, has launched a browser extension called Nocks Nimble that recognizes bitcoin and Guldencoin wallet addresses. Nocks Nimble gives users the ability to send payments to these addresses from within their Chrome or Firefox browsers. Once the user integrates the browser extension into their browser, they do not need to use the Nocks website to make payments. Fast and Easy Cryptocoin Payments. Sending a payment with Nocks Nimble mostly consists of clicks, not copy pasting addresses and payment amounts into wallets. "We want to make payments....
Vertcoin recently announced the hardfork to implement Lyra2RE - a NIST5 based chain algorithm designed to resist ASIC mining. As per the available reports, the new POW algorithm will be executed approximately on December 16th at block 208301. The Vertcoin users are already provided with all the necessary download links of Linux binaries, source core, Python module, etc. on the coin's website to ensure a smooth execution of Lyra2RE. Users will also be required to upgrade their current wallets, which will be launched alongside the new algorithm. Why Lyra2RE? The reason behind the Vertcoin....
Vertcoin developers recently released a whitepaper that describes a roadmap to their new POW algorithm - Lyra2RE. As mentioned in the paper, Lyra2RE is a NIST5 based chain algorithm whose sole aim is to reduce miners' dependency on ASIC machines. The proposed algorithm somewhat adds up to the "anti-ASIC" campaign Vertcoin launched alongside its release in January 2014. The coin's development team therefore has a strong emphasis on implementing Lyra2E over their previous POW algorithm Scrypt-N. The latter's ASICs are already available in the market. Lyra2RE takes inspiration from the....