Mar 25, 2014
Alex Hern — The Guardian
The promise of bitcoin is a universal currency free from the control of any nation or government. But a new generation of cryptocurrencies are focusing on the opposite goal: building money to solve problems specific to one country.
On midnight Monday, Auroracoin, a bitcoin clone which is the fourth most valuable cryptocurrency being traded today, entered the second phase of its life, with a “helicopter drop” of 30 auroracoins to every citizen of Iceland.