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Brian Sovryn Says 'Altcoins Are Bullshit,' Provides Weak Argument

Money in washing machine

It's hard to argue too passionately for anything related to cryptocurrency beyond that it is good for humanity, it is liberating, and it is a huge part of the future, financial and otherwise, of humanity. There are some who have made a great deal of money from Bitcoin, who argue passionately for Bitcoin exclusivity. Vitalik Buterin, creator of Ethereum, calls these people "Bitcoin maximalists."...

Qora Price Doubles Up, Announcement Thread Closes Due to "Attacks"

After dipping to a low of four Satoshi, the price of proof-of-stake coin Qora has more than doubled its price, breaking a 90-day trend of stagnation which saw it hovering between and five and six Satoshi per coin. This is a strong showing for a coin that has many similarities to NXT Coin, that unique kid on the block so popular in Britain. Also read: NxxtyCoin Price Plummets Staked In Qora is a...

NXT - First Coin in Space?

Space launch

Stalwart British technology magazine The Register announced in July that it would be launching a second aeronautics project (a follow-up to its first, called PARIS). Tentatively dubbed "LOHAN" (Low Orbit Helium Assisted Navigator), today it was revealed that NXT Coin would be going along with it. The coin's development team has sponsored the project and, as a result, NXT Client will be loaded...

Bitcoin Core Developer Jeff Garzik Believes NXT is a "Scamcoin"

While many people believe there is a divide in the Bitcoin community when it comes to the early-adopting libertarians and the new breed of venture capitalists, it seems that the real battle in the world of cryptocurrency is between Bitcoin and appcoins. Around the same time that Chris Odom, the creator of Open Transactions, was dismissing the relevance of altcoins at InsideBitcoins London...

Nxt Rebound: Nxt Price Rises 14% in 24 Hours

Over the past week, many altcoins have experienced significant price increases. What is striking about this trend is that it has not only affected altcoins with small market caps (whose prices are easy to manipulate) but has stretched to altcoin heavyweights such as Dogecoin and now Nxt, who have previously encountered prolonged price declines. CCN analyzes the Nxt price increase within the...

Should the Bitcoin Blockchain be Manipulated?

Blockchain Tamper

Recently a discussion over whether or not a cryptocurrency Blockchain is free to tamper has been rekindled. The debate has been around since the beginning of cryptocurrency and Bitcoin, but it has resurfaced as two altcoins now have recently come to this monumental decision. The first was VeriCoin; the second was NXT. So, is the blockchain sacred, or something that can or should be changed under...

Official NXT Decision: No Blockchain Rollback

In a tight and tense time, NXT has reached out to CCN to inform us and our readers that they will no longer be considering a blockchain rollback. After the BTER cryptocurrency exchange hack and theft of 50 million NXT coins, the community has been waiting for something to happen. This story has evolved from initial theft to ransom, to the hacker not fulfilling their end of the ransom, to bidding...

VeriCoin Developer: “The NXT Chain Should Not Be Rolled Back”

NXT Stop

Update: NXT has announced to CCN that there will be no rollback. To read the announcement, visit our article here. Earlier this year, the cryptocurrency exchange MintPal, now owned by Moopay LTD., became the victim of an attack. The hacker got away with eight million VeriCoin, a staggering 30% of all VeriCoin in existence. The theft caused the VeriCoin developers to face a decision to roll back...