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ZenOps
03-26-2014, 04:47 AM
http://www.theguardian.com/technology/2014/mar/25/bitcoin-goes-national-with-scotcoin-auroracoin

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.

The currency began life in February, and for the first month, traded like many other bitcoin clones. As you can buy auroracoin with bitcoin, and bitcoin with US dollars, it's possible to establish an exchange rate: one auroracoin is now worth $11.37, putting the value of the entire currency at $121m.