Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 52. (Read 506425 times)

Guys... Sorry if I'm too noob to this thing, but...
There's already a GLOBAL coin for everyone, called bitcoin.
There's another GLOBAL one which is different in its algorhythm, called litecoin.

These are GLOBAL coins. Everyone in the world can use them.
So why do you try to LIMIT a coin to a country AT ALL? It's like you wanted to regulate it, just like governments try to do. Even your people can't understand not to sell them just after receiving them.
What's the use of creating all kinds of more global coins at all? They're all targets for speculators, nothing more.

We already have the solution for the whole world's problem, and it's called bitcoin. (and maybe litecoin)

I am highly paying attention to shitcoins more than this coin now.

Any news from Iceland, are there people using it? Even for buying ice-cream or stuff from internets?

For this coin to succeed there will have to be developers and advocates that can speak publicly, without fearing what will happen to them if they come out in support of it. Anonymity isn't doing this coin any favors right now, that's for sure

Hi Omnivion,

This is something I've been puzzling on for quit some time now. To be honest, I would love to see some transparency on the part of the airdrop distribution, I even know Balduro wants this as well.

Problem is, who can publicly act as a trustee (well-known/trusted) and stay safe from Bankers, Government and other criminals? You know, crypto is for a very large part about getting control back to the public, without entities overruling that control.

So, if we were to find a well-known and trusted person, he or she must be willing to take a very large chance of being pursued by forces with bad intentions. This is why, to me, it seems rather logical that this hasn't been done yet

For now, Balduro has shown to be very legit and trustworthy. Mind you, he could have run off with millions at the time the rate of AUR was beyond believe. He didn't...

For now, to me, Baldur is the perfect keeper of the airdrop stack, he is the most trustworthy and capable, anonymous, person to do this job.

Meanwhile, it's up to us to get things going. With Joiblumen and his great team of Icelandic enthousiast on the roll, we can try to help them. This is in the interest of general acceptance of crypto!

Unfortunately, it is not so easy. 

Do you have any plans on turning auroracoin to proof of stake only?
Why would national currency should award anything to foreign miners? When it can be secured better without any mining via proof of stake???

It's nice to hear that someone is taking the reins on this coin.

However, I think it still suffers from the main problem it's had since the beginning, which is a lack of trasparency in the airdrop distribution.  Baldur has appeared to act in a trustworthy manner, but it is not ideal to have to trust a single, unknown entity.  Surely there would have been someone in the cryptocurrency community that is both well-known/trusted and would have been willing to preserve Baldur's anonymity who could have overseen or at least audited the airdrop.

I am currently working full-time this summer developing for Auroracoin and actively building a community here in Iceland.

I apologies for not providing any updates from me or others here in Iceland. To be honest, I was really worn out after the sudden crazy media attention here in Iceland, my trip to CFR in New York, and all while learning the ins and outs of the protocol for development. I was also a little afraid of keeping up the hype along with the inflated price from speculators and didn't want to bring any false hope if I were to fail in my mission.

That being said, things are going along quite well right now. I have gathered a good group of highly interested individuals and we are in the last phase of starting a real organization to represent the blockchain technology here in Iceland as well as supporting Auroracoin officially. Tomorrow, a public preparation meeting will be held and then we are good to go.
KBS, "South Korea’s leading public broadcaster, the largest television network, and the most influential media organization in the
country" is also arriving tomorrow. They will attend the meeting and interview people for their documentary on Auroracoin.

Baldur told me some time ago that he (the pseudonym Baldur) would like to gradually step away from the project so he wont be seen as the leader, and suggested that I could maybe start a foundation for Auroracoin. After some thought, I decided to go for an umbrella organization for the technology instead of just an Auroracoin foundation as I think it will unite a lot of interested individuals here in Iceland to support cryptocurrencies in general.

Although, Auroracoin support will need to be a major focus. Due to capital controls, no one is able to wire money out of the country e.g. to Bitstamp. So the average person here in Iceland is actually not able to buy Bitcoins or any other cryptocurrency for that mater in large quantities, except Auroracoin. With just a few clicks, the average person can get a relatively large share of Auroracoin, so it is obvious that the organization should do everything to keep Auroracoin up and running and act as a foundation as well.

Regarding development; I have completed updating the Auroracoin source to the latest Bitcoin 0.9, and just have to finish getting every single test to pass. Next I will move on to porting bitcoinjs to Auroracoin. I also want to port libbitcoin and setup an obelisk server so we can have "darkwallet" as the go-to wallet for the average person.

It's nice to hear that someone is taking the reins on this coin.

However, I think it still suffers from the main problem it's had since the beginning, which is a lack of trasparency in the airdrop distribution.  Baldur has appeared to act in a trustworthy manner, but it is not ideal to have to trust a single, unknown entity.  Surely there would have been someone in the cryptocurrency community that is both well-known/trusted and would have been willing to preserve Baldur's anonymity who could have overseen or at least audited the airdrop.

a lot of potential to the upside now. what comes down must go up. i am in.

Have you talked to nite96 (or was it nite69?). Afaik he (they?) ported bitcoinj already for use in the schildbach android AUR wallet, no?

EDIT: this maybe: https://github.com/Nite69/bitcoinj-scrypt.git

Next I will move on to porting bitcoinjs to Auroracoin.