Are there any cryptocurrencies with no mining beyond participation?

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I mean something where just participation in the decentralized network gives you coins somehow and you cannot do anything beyond (excluding more participation, of course, by having multiple PCs and IPs, for example) to increase the rate of achieving those coins. At the moment I have completely no motivation to leave my bitcoin or litecoin client on, because it doesn't gives me anything back for using me as a node in this network of hardcore miners. I'd rather find some ways to use it occasionally only when I need to do some transactions (few times a month, for example). I'm newbie in this topic, but doesn't this harm the network, when lot of people become using it this...

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top INTRODUCTION NEWS SPECIFICATIONS VISION COMMUNITY AGRICULTURE RENEWABLE ENERGY ENVIRONMENTAL DISTRIBUTED SCIENCE SERVICES DOWNLOAD DUST WALLET nodes jsre NODES

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INTRODUCTION


SOILcoin

is an Ethereum-parallel cryptocurrency, using smart contracts and distributed applications (dApps) run over a "global computer network" secured by blockchain technology utilizing the Dagger algorithm. This "Ethereum Virtual Machine" (EVM) is fueled by the digital currency called SOIL, which acts as the gas that runs the computational processes on the SOILcoin network, and is minted through Proof of Work mining. SOIL is also a speculative currency available to trade against Bitcoin on Bittrex, an online cryptocurrency exchange.

This network features a Turing-complete programming language upon which anyone can build, deploy and interact with smart contracts. Smart contracts are accounts which contain...

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Hi. Numerous sources (websites/categories of websites related to cryptocurrencies) state that ethminer, cgminer, sgminer or any other cryptocurrency mining application are the so called "false positives", as long as they were downloaded from a theoretically trustworthy source, as is NiceHash Miner, which comes with numerous cryptocurrency mining applications, being ethminer one of them.

According to Virus Total, an online service which uploads samples and verify in a database the most popular antivirus if they detect some malware, Kaspersky, a well established antivirus, won't detect it as malware, which makes me wonder if the aforementioned file (ethminer.exe) is indeed some malware at all. Thanks in advance!...

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The primary expense that must be paid by a blockchain is that of security. The blockchain must pay miners or validators to economically participate in its consensus protocol, whether proof of work or proof of stake, and this inevitably incurs some cost. There are two ways to pay for this cost: inflation and transaction fees. Currently, Bitcoin and Ethereum, the two leading proof-of-work blockchains, both use high levels of inflation to pay for security; the Bitcoin community presently intends to decrease the inflation over time and eventually switch to a transaction-fee-only model. NXT, one of the larger proof-of-stake blockchains, pays for security entirely with transaction fees, and in fact has negative net inflation because some on-chain features require destroying NXT; the current supply is 0.1% lower than the original 1 billion. The question is, how much “defense spending” is required for a blockchain to be secure, and given a particular amount of spending required, which is...

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Bitcoin was created as a peer to peer electronic cash system. It is a decentralized network of computers that stores transactions in a ledger, in the form of a blockchain. Bitcoin was created as an open-source project, which means the code was visible from the first day to the whole world to examine, copy, and modify.

Since Bitcoin’s inception in January 2009, there have been thousands of other projects that used similar ideas as Bitcoin. These are collectively referred to as “cryptocurrencies”. Some of these projects are not necessarily geared towards a currency application, but they are all ‘tokens’, like Bitcoin. They can be transferred from one user to another, and can usually be traded on an exchange.

Currently there are over 600 cryptocurrencies traded on the markets, tracked by Coinmarketcap. Bitcoin makes up over 80% of the total market today. Cryptocurrencies other than Bitcoin are usually traded against Bitcoin. Some of the larger ones are also traded...

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Cryptocurrency is an encrypted decentralized digital currency transferred between peers and confirmed in a public ledger via a process known as mining.

Below, we take a simplified look at how cryptocurrencies like bitcoin work. First, let’s review the basics and essentials of cryptocurrency, and then we will do an overview of the other properties that have made cryptocurrency what it is today.

The Cryptocurrency Basics

In order to understand how cryptocurrency works, you’ll need to understand a few basic concepts. Specifically:

Public Ledgers: All confirmed transactions from the start of a cryptocurrency’s creation are stored in a public ledger. The identities of the coin owners are encrypted, and the system uses other cryptographic techniques to ensure the legitimacy of record keeping. The ledger ensures that corresponding “digital wallets” can calculate an accurate spendable balance. Also, new transactions can be checked to ensure that each...

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Mining is the term used to describe the process of extracting cryptocurrency tokens from a blockchain network. In the case of Ethereum, this involves having computers continuously run a hashing algorithm, which takes an arbitrarily large amount of information and condenses it to a string of letters and numbers of a fixed length.

The hashing algorithm used by Ethereum— called ethash—hashes metadata from the most recent block using something called a nonce: a binary number that produces a unique hash value. For each new block in the blockchain, the network sets a target hash value and all the miners on the network try to guess the nonce that will result in that value.

Due to the way cryptographic hashing works, trying to guess the nonce that will result in the target value is practically impossible. This means that the only way of finding the correct nonce is by cycling through every possible solution until a correct one is eventually found.

This is...

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In traditional fiat currency systems, government simply prints more money when they need to. But in case of Cryptocurrencies, money isn’t printed at all – it is discovered, it is “Mined”, just like Gold. Computers around the world “Mine” for cryptocurrencies by competing with each other. In this article we explain our readers about Cryptocurrency Mining in detail.

So what is Cryptocurrency Mining?

Lets start with an example of banking system. Suppose a person named Virat has paid some X amount to Sachin through banking channels, what is the proof that the transaction has taken place? Who confirms that transaction has been made at all? Bank!! Ofcourse, we all know that.

Bank, as a centralized authority confirms the transaction and records it in it’s ledger and then these are again shown in bank statements/passbooks ,thus it can be assured that transaction has taken place.

But what in the case of “Decenteralized Cryptocurrencies” or in case of Bitcoin for...

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This well written, easy to read book, charts mankind’s use of various currencies as a means of trading for goods and services. Before Gold, mankind traded in handmade crafts and even seashells. Then, in 2009, a revolutionary new manner in which to trade with each other, and store our wealth, was born. The BitCoin. Now, one of the many new cryptocurrencies! So, what exactly is a cryptocurrency and how might it benefit your life? Read this book to find out what cryptocurrencies are and how they may affect many aspects of your future life and the decisions that you make. To find out more about this book, and a lot more life-changing books, videos and audio-books please visit our website at – www.retireearlyproductions.com

Click Here For More...

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A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

Put another way, cryptocurrency is electricity converted into lines of code with monetary value. In the simplest of forms, cryptocurrency is digital currency.

Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.

Most cryptocurrencies are designed to decrease in production over time like Bitcoin, which creates a market cap on them....

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The subject of virtual cryptocurrencies is not new for Russian financial market. For a long time Russian authorities have been trying to regulate, control and even prohibit the operation/circulation of virtual money. Above all, the Russian bureaucracy sees such payment systems as a convenient tool for money laundering or as a means of financing of illegal extremist groups or other undesirable elements. However, cryptocurrency has its opponents and advocates both among general public and among state authorities in Russia.

Some insist that cryptocurrency is only an imitation of money, quasi-money, because it never had any actual money equivalent from the very start and because it is not "cashable". This is the main distinctive feature of cryptocurrency as compared to existing virtual money. Perhaps, feeling some changes in the air, in autumn 2015 WebMoney suggested to Russian Central Bank to become the one who would issue future cryptocurrency. Qiwi, virtual...

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Cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.

The most important information about moves of main crypto market players:

Bitcoin

Ethereum

Litecoin

Ripple

Dash

Monero

Dogecoin

Lisk

Subreddit Rules:

Posts must have to do with cryptos in some way/shape/form. No spam or self advertising will be permitted. Break this rule and you will be banned from the community. Any cryptocurrency deemed illegitimate by the community as a whole will be banned from discussion and posts about them will not be permitted. Keep it peaceful. No conflicts will be permitted outside of respectful debate and/or discussion about...
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The importance of money as a form of judging the ownership of a person’s assets is known since late stone age. It started with stone nuggets, then iron tablets followed by gold and silver coins and now paper money and electronic money. One notable fact is that throughout the timeline, the number of money people possessed increased and the value of each unit decreased. This happened till a stage when the banking system had to finally digitalize their currency, and it is all stored in reserve banks in a digitalized form. One step ahead of the agenda is the concept of Cryptocurrencies. This is different from money stored in banks which can be accessed indirectly through debit/credit cards and online banking.

What is Cryptocurrency

A Cryptocurrency is an online version of money, a digital asset to be precise. The name is derived from the Cryptography, which is used to encrypt transactions and control the production of the currency. It is a strictly monitored...

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When everything else goes digital, the currency too does!

More often than not, we be hearing about cryptocurrency- a new medium of exchange. Yes, some of you must be knowing it via Bitcoin. But does cryptocurrency end with Bitcoin only? Not certainly! There are various other cryptocurrencies and together they are moving forward to bring a huge reform in currency exchange. Let’s figure out how it’s happening…

What is Cryptocurrency?

Cryptocurrency is a medium of exchange just like any other. However, other currencies are available in physical form and cryptocurrencies are all digital. Perhaps, government has no regulation over cryptocurrencies and they are fully decentralized.

Cryptocurrency is designed with certain principles of cryptography. It is used so as to control the creation of new coins and to secure ever transactions. The first cryptocurrency is Bitcoin and was designed in 2009. Technical system for cryptocurrencies was created by Satoshi...

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What is the innovative part of bitcoin technology? It isn’t really the electronic currency itself. That’s really just another form of digital money. What makes bitcoin clever is the blockchain, which is the unique algorithm that makes it possible to manage payments with no one in the middle, acting as a central arbiter.

Bitcoin itself may last, or it may not. But in the future, it will probably be eclipsed by a whole set of different applications also using blockchain technology.

These will probably do far more than send money around. Some think that they could even be the basis for a whole new paradigm in computing.

The Next Generation Of Blockchain Apps

Sometimes called ‘cryptocurrency 2.0’ applications, these new services take the underlying characteristics of bitcoin and apply them to new things. They offer similar kinds of services that other applications have provided in the past, but they do away with the need for a central party, controlling...

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What is cryptocurrency: 21st-century unicorn – or the money of the future?

This introduction explains the most important thing about cryptocurrencies. After you‘ve read it, you‘ll know more about it than most other humans.

Today cryptocurrencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.

In 2016, you‘ll have a hard time finding a major bank, a big accounting firm, a prominent software company or a government that did not research cryptocurrencies, publish a paper about it or start a so-called blockchain-project.

“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.” – Thomas Carper,...

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uTorrent recently made headlines for bundling cryptocurrency-mining junkware. Out of all the junkware programs bundled with installers, cryptocurrency-miners like Epic Scale are some of the worst.

Modern malware makes money by using this technique to mine Bitcoin, too. Even if you don’t care about most junkware at all, cryptocurrency-mining software is something you really don’t want on your computer.

Cryptocurrency 101

You’ve probably heard of Bitcoin, the most famous cryptocurrency. It’s a digital currency, and new units of currency are generated by “mining.” This is a computationally intensive task, and it requires a lot of processing power. Essentially, the computer is rewarded for solving difficult math problems. This processing power is used to verify transactions, so all that number-crunching is required for the cryptocurrency to work. That’s an extremely basic explanation — read our in-depth explanation of Bitcoin for more...

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Chris Ryan/Nature

When the digital currency Bitcoin came to life in January 2009, it was noticed by almost no one apart from the handful of programmers who followed cryptography discussion groups. Its origins were shadowy: it had been conceived the previous year by a still-mysterious person or group known only by the alias Satoshi Nakamoto1. And its purpose seemed quixotic: Bitcoin was to be a 'cryptocurrency', in which strong encryption algorithms were exploited in a new way to secure transactions. Users' identities would be shielded by pseudonyms. Records would be completely decentralized. And no one would be in charge — not governments, not banks, not even Nakamoto.

Yet the idea caught on. Today, there are some 14.6 million Bitcoin units in circulation. Called bitcoins with a lowercase 'b', they have a collective market value of around US$3.4 billion. Some of this growth is attributable to criminals taking advantage of the anonymity for drug trafficking and worse....

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