Category Archives: Exchanges

Whitecoin Cryptocurrency

Whitecoin The Story of #Cryptocurrency

I am sure you have heard it being yelled, touted and screamed across social media, troll boxes & forums that Whitecoin is a scam coin, its dead, dump it…

Perhaps it started out that way from the original developers position (something that “we the people” would not have known it was nothing more than a quick hit and run from the dev’s position) however those days are far behind Whitecoin, the community has taken full control, it is a solid community growing stronger and stronger by the minute.

Through the temporary formation of the Whitecoin Foundation for the community, there has been an amazing growth of support for #whitecoin.  Not only have holders of WC banned together, the most amazing aspect is that developers of other alt coins have come to support Whitecoin on a purely volunteer basis, no compensation or expectations thereof.   Most notably tf2honeybadger whom is a dev with Cryptographic Anomoly (CGA) and a moderator at Polonxiex has been instrumental not only in the early hours but the ongoing development of the new #whitecoin wallet has been awesome to watch.    The current dev team now consists of 3 devs working around the clock, with many other supporters checking code, working on test cases and moving the complete rewrite for the Whitecoin wallet.

Whitecoin is changing the cryptocurrency landscape in the way in which coin developers work together, support each other, communicate with exchanges and the community.  The foundation has put in place a communications model of transparency in all its communication be it through forum updates, IRC or social media.  To see for yourself come visit IRC channel #whitecoinfoundation or you can always follow our twitter account.

Crazy development schedules, multi timezone coordination and unprecedented efforts to resolve the most critical issues at hand has been nothing short of spectacular.  The blockchain has been secured and all cryptocurrency exchanges reopened the transferring of Whitecoin.

Miners are moving to Whitecoin’s multipool where they receive payouts in WC which is great however, even more impressive is the unique 3 levels of trade risk through the Chunky trade group.  Excellent program, our hash is pointed there today.

An update on the current wallet fixes/rewrite can be found here.  The dev team is working tirelessly to release the wallet asap however, they will NOT be releasing a wallet without significant testing with all case tests being performed with rigorous testing.  When talking with some of the devs, this was a great lighthearted summary of the testing at hand:

“Wallet is undergoing 5 important tests: being sunk to the bottom of the mariana trench for water and pressure testing, dropped out of an airplane at 60,000 feet for altitude and impact testing, thrown into an active volcano for heat testing, then it will be run over by a semi-truck several times, and then launched into orbit”

Whitecoin is writing history and I for one couldn’t be more pleased to be a part of the community.

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