Author

Topic: Merged coins: What's that? (Read 424 times)

newbie
Activity: 10
Merit: 0
December 05, 2013, 05:19:27 PM
#3
Merged mining allows a miner to mine for more than one blockchain at a time, adding to the hash rates of both coins. As a result, merged mined coins can be mined at very little cost to miners, making it more likely that the merge mined chain remains secure.
http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-work

Aah, that makes sense  Smiley
Thank you for the link!
hero member
Activity: 826
Merit: 508
December 05, 2013, 05:15:59 PM
#2
Merged mining allows a miner to mine for more than one blockchain at a time, adding to the hash rates of both coins. As a result, merged mined coins can be mined at very little cost to miners, making it more likely that the merge mined chain remains secure.
http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-work
newbie
Activity: 10
Merit: 0
December 05, 2013, 05:11:34 PM
#1
I often read about the term "merged coins".
Can somebody explain what that is?
And how does it work?
Does it involve making 1 digital currency out of multiple ones?
Could all coins be merged into Bitcoin at some point?

Thanks in advance!
Jump to: