Author

Topic: UKoin? Where are the britcoiners? (Read 515 times)

legendary
Activity: 2940
Merit: 1090
March 28, 2014, 06:27:29 PM
#4
United Kingdom Britcoin (UKB) has been around for years:

http://galaxies.mygamesonline.org/digitalisassets.html

The big problem is securing the blockchain. Look at the value per coin. No way that would be secure with the garbage wet-paper-bag levels of hashing the vast majority of altcoins have.

Thus UKB, like the other "nation" and "corp" coins that came out around that same time (years ago now), were forced to temporarily move to using an Open Transactions format until such time as their transaction volumes are large enough that transaction fees will be able to afford enough mining to actually secure such valuable blockchains.

-MarkM-
member
Activity: 98
Merit: 10
newbie
Activity: 55
Merit: 0
March 28, 2014, 05:54:35 PM
#2
I can't see crypto adoption taking off in that over-regulated socialist gulag shitehole - unless the UK banking system collapses. One can hope.
legendary
Activity: 1232
Merit: 1076
March 28, 2014, 10:11:13 AM
#1
I'm wondering when I'll be able to have my equity stake in a little piece of England what with all these national currencies coming out.

http://www.haaretz.com/business/.premium-1.582015
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