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Title: [2016-03-11] Bank of England working on Bitcoin alternative RSCoin Post by: shane on March 11, 2016, 01:55:53 AM The Bank of England has partnered with researchers at University College London to help it create a centrally controlled digital currency.
The newly-developed RSCoin uses cryptography to combat counterfeiting, and unlike the technology underpinning Bitcoin, the blockchain, RSCoin is controlled by a central body. Blockchain is distributed ledger technology where a network of computers record transactions. Each computer must approve a transaction before it is recorded in a new "block". Read more: http://www.itnews.com.au/news/bank-of-england-working-on-bitcoin-alternative-rscoin-416779#ixzz42YUmX0Sz Title: Re: [2016-03-11] Bank of England working on Bitcoin alternative RSCoin Post by: jaipagare on March 15, 2016, 03:16:26 PM Yeah! I saw that news on internet. Is this currency mineable like others for example bitcoin? I am much interested.
Watching Thread Title: Re: [2016-03-11] Bank of England working on Bitcoin alternative RSCoin Post by: aso118 on March 15, 2016, 03:44:28 PM Yeah! I saw that news on internet. Is this currency mineable like others for example bitcoin? I am much interested. Watching Thread This was discussed a couple of days back. It is nothing like Bitcoin. You can have a look at this thread for more information. https://bitcointalk.org/index.php?topic=1394205.0 Title: Re: [2016-03-11] Bank of England working on Bitcoin alternative RSCoin Post by: SEOKernow on March 15, 2016, 03:47:59 PM :) This has got me really excited cannot wait to see how it pans out, pardden the pun :)
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