I think this is a parody/satire of bitcoin... hard for me to tell if there's anything of value here. They've set up their own proof-of-work currency with their own website and posted source code for mining daemons, wallets, etc.
Of course it is a parody. And have to say, a great one.
It's target at ($someRandomWord)Coin coins which emerged recently. Most of them guarantee to be "gpu, asic and fpga resistant" and what not.
After BTC got mainstream, there is a number of people now mining some random coins (which are not listed in any cryptocurrencies exchanges) in hope that one day they will be worth $1000/coin. much dreams. so rich. much fast money.
It's definitely a paradoy. Probably not directly of Bitcoin, but of all the Bitcoin clones that have been launched in this way. Setting up your own currency/website/wallets/mining daemons/etc is actually incredibly easy now and has been done several hundred times. Usually they add no value over Bitcoin and are just used as a pump and dump scheme.
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I think this is a parody/satire of bitcoin... hard for me to tell if there's anything of value here. They've set up their own proof-of-work currency with their own website and posted source code for mining daemons, wallets, etc.
Of course it is a parody. And have to say, a great one.
It's target at ($someRandomWord)Coin coins which emerged recently. Most of them guarantee to be "gpu, asic and fpga resistant" and what not.
After BTC got mainstream, there is a number of people now mining some random coins (which are not listed in any cryptocurrencies exchanges) in hope that one day they will be worth $1000/coin. much dreams. so rich. much fast money.
It's definitely a paradoy. Probably not directly of Bitcoin, but of all the Bitcoin clones that have been launched in this way. Setting up your own currency/website/wallets/mining daemons/etc is actually incredibly easy now and has been done several hundred times. Usually they add no value over Bitcoin and are just used as a pump and dump scheme.
wow