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Auroracoin is a cryptocurrency for Iceland. 21.000.000 coins, block reward 25. It is based on litecoin and is 50% premined. The premined coins will be distributed to the entire population of Iceland, commencing on midnight 25th of March 2014.

Auroracoin is designed to break the shackles of the fiat currency financial system in Iceland.

Iceland has been hit hard by financial meltdown and inflation. Not only did the entire banking system collapse in 2008, but the monetary history of Iceland is one of inflation, devaluation and currency controls.

Auroracoin is an opportunity for Icelanders to free themselves from currency controls and government debasement of the currency.

Auroracoin is based on the Litecoin protocol. However, it is started by the “Airdrop” of premined auroracoins to the Icelandic nation, designed to reach almost every Icelander. This one-time event will create the conditions for Icelanders to start using the currency, by providing them with a start and making them aware of the currency and its possibilities. After the Airdrop, the only way to acquire auroracoins will be through mining and transacting.

What’s this Airdrop they speak of ?

 

Specifications:

  • Algorithm: Scrypt (based on Litecoin)
  • Max Coins: 21.000.000 coins
  • Block reward: 25 Coins
  • Blocktime: every 10 Minutes
  • Difficulty Retarget Time: every 8 blocks
  • Premine: 50% – The premined coins will be distributed to the entire population of Iceland, commencing on midnight 25th of March 2014.

 

Auroracoin Related Websites:

http://www.auroracoin.org/

https://github.com/baldurodinsson/auroracoin-project/

https://bitcointalk.org/index.php?topic=446062.0

http://blockexplorer.auroracoin.eu/

 

Community talks here:

http://forum.auroracoin.org/

IRC: #aur on freenode

http://www.reddit.com/r/auroracoin

http://www.reddit.com/r/AURmarket

https://bitcointalk.org/index.php?topic=446062.0

 

For all your trading needs:

https://www.cryptsy.com/markets/view/160
https://cryptorush.in/index.php?p=trading&m=AUR&b=BTC
https://poloniex.com/exchange/btc_aur
https://www.mintpal.com/market/AUR/BTC
https://c-cex.com/index.html?p=aur-btc

 

Auroracoin Pools:
http://unipool.net/auroracoin
https://aur.cryptocoins.at/pool
http://aur.pool.mineabit.com
https://aur.cryptoculture.net/
http://aur.scrypthp.com/
http://aur.easy-mine.eu
http://aur2.easy-mine.eu
http://aur.speedhash.eu
http://aurora.greekpool.eu
http://aur.cloudminers.net/
http://Aurora.LeetPools.com
http://aur.bitember.com/

 

 

 

 

 

 

4 Comments

  1. kreya
    March 3, 2014

    Leave a Reply

    AUR will HARD FORK @ block 5400 (current block is 4010 so ~2-3 weeks from now on) , Gravity well added
    Block time halved, reward halved, halving time doubled. Update your Qt folks. -> http://www.auroracoin.org/

  2. Peter
    March 7, 2014

    Leave a Reply

    Another AuroraCoin Pool : http://pool.auroracoin.fr

    Happy Mining !

  3. リーボック クラシックレザー
    March 20, 2014

    Leave a Reply

    Fine knowledge, Regards!

  4. ケイトスペード 財布
    March 20, 2014

    Leave a Reply

    Many thanks, Fantastic stuff!

Leave a Reply to kreya Cancel reply

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