Five New Altcoins

Five New Altcoins

 

As altcoin exchanges constantly add new currencies, it is important to watch for prominent new coins being developed. The extremely energy intensive mining processes for bitcoin and litecoin are becoming more difficult to sustain and may one day have to be replaced by one of these newer, more environmentally-friendly currencies.

Fibre

Fibre is a new currency using the NIST5 mining algorithm with a total supply of 624563 coins and a 5% annual proof of stake interest rate.

Continue reading Five New Altcoins at CEX.IO Official Blog.


Bitcoiner of the Week: Hal Finney

Bitcoiner of the Week: Hal Finney

On August 28, 2014, Bitcoin world lost one of its earliest pioneers, Hal Finney, at the age of 58. Finney was one of the developer of Bitcoin project and the recipient of the first bitcoin transaction.

“I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them” he said.

Continue reading Bitcoiner of the Week: Hal Finney at CEX.IO Official Blog.