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Nepal
1 Level
453 Review
106 Karma

Review on Auroracoin by Syed Adnan

Revainrating 3 out of 5

It has deployed many improvements.

It is a decentralized, P2P and secured cryptocurrency released as an alternative to Icelandic to ignore government restrictions related to the national currency. It was launched with the goal of being the official cryptocurrency in Iceland. It was a pioneer in country-specific cryptocurrency.



Pros
  • It focuses on security and stability.
  • Emphasis on real-world integration.
  • It is one of the few currencies that uses different hashing algorithms differently.
Cons
  • This presents a weak case for itself when it comes to investment, especially if one is not based in Iceland.
  • It has seen little to no activity for a while, with poor marketing, and frequent dev team changes.