New York Coin

From Simple English Wikipedia, the free encyclopedia
Jump to navigation Jump to search
New York Coin
Nyc logo wallet 2018.png
User(s) International
Nickname NYC

New York Coin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.[1] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.[2][3]

History[change | change source]

New York Coin was released via open-source code published on GitHub on March 6th, 2014 by an unknown developer(s).[4] New York Coin is the only other cryptocurrency in existence, besides Bitcoin, with an unknown anonymous developer still to date.[5] It was a fork of the Litecoin Core client, differing primarily by having a decreased block generation time (30 seconds). NYC Coin has no fees to send and receive funds on network.[6]

Due to the original developer disappearing at launch in March 2014, early cryptocurrency miners and enthusiasts kept the network alive and healthy during New York Coin's infancy. Charlie Kartchner, an early scrypt miner created the website in March 2014 to ensure coin data, block explorers, wallets and mining pools were all easily accessible.[7] And also got New York Coin (NYC) added to Coinmarketcap in early 2014.[8][9]

References[change | change source]

  1. Kadet, Anne (20 February 2018). "NewYorkCoin Gains Traction in Cryptocurrency Circles". The Wall Street Journal.
  2. "Top Cryptocurrencies with No Transaction Fees". Gazette Network.
  3. "Here's Why NewYorkCoin Could Be One To Watch During Early 2018".
  4. "Tales from the crypto: An insider guide to the digital-currency craze". Crain Communications. 4 February 2018.
  5. "New York Coin NYC Cryptocurrency Coin: No Network Fees?".
  6. "New York Coin an Alternative for Bitcoin". Digital Journal.
  7. Chiusano, Mark (15 May 2018). "This Citi Bike quest isn't your average bike race". amNewYork.
  8. "CoinReport NewYorkCoin: The Big Apple Gets Its Very Own Scrypt-Based Altcoin".
  9. "10 Most Cryptocurrency Friendly Cities". Blocklr. 1 October 2018.

Other websites[change | change source]