Page 15 - AHATA

A14 LOCAL
Saturday 12 May 2018

ArubaCoin: A Social Experiment, Just Like Bitcoin

Continued from Page 13

Its listed on 2 exchang-
es: EtherDelta exchange
and ForkDelta exchange.
And listed on CoinMarket-
Watch.com for market cap
and price ticker, market
indicators. GetDelta app
also for price ticker.”

Where can people find in-
formation?
“You can find more infor-
mation at www.arubacoin.
org and follow our Face-
book community page or
telegram group.”
currency comes with high China. ArubaCoin is built And we see many op- bill instantly, within minutes.
Do you have cooperation
with other digital currency? energy costs? on ethereum and does not portunities and use-cases
use the sha-256 algorithm that can be used with it, ArubaCoin is very new, we
“High energy cost will de- that bitcoin uses. that otherwise could not do not recommend any-
“The community members pend on which algorithm/ And soon the protocol be accomplished. We are body to take this as an in-
and developers are com-
munity members of bitcoin mining hardware your talk- should be switching to PoS focused on the local com- vestment advice.
ing about (asic). The high which is more energy effi-
munity and eco-system, Bitcoin, ArubaCoin or any
and other coins like zcoin
and ethereum, so yes we energy cost is based on the cient.” tourist are not the priority. cryptocurrency can be
HIGHLY volatile, we do not
Of course you have Aru-
countries where nobody
have collaborations with
broad spectrum of promi- mines because it would be Why would people choose ban community members recommend anybody buy-
unprofitable.
for digital currency? How
that live abroad, those are ing cryptocurrency without
nent developers and com-
munity members in the The POW (proof of work) would tourists benefit from already participating in doing due diligence how
ArubaCoin, they also have to use it. If you lose your
algorithm which bitcoin is this?
space.”
working on miners are us- “Most adoption it’s fueled a unique use-case be- private key or password or
ing green cheap energy by necessity, if it solves a cause they could send $10 don’t properly back it up,
What can you say about
the comments that digital where there is excess elec- problem there will be users from Europe instantly and nobody can retrieve those
tricity, like Iceland and and growth. the received can pay their coins.”q