February 26, 2014
With the creation of Bitcoin, Satoshi Nakomoto essentially opened up a new stream of innovation. We have seen a number of alternate crypto-currencies or Alt-Coins emerge over the last year – Litecoin, Namecoin, Peercoin, Dodgecoin, Mastercoin and many more. Frankly it was getting suffocating to hear of all those Bitcoin clones. In February 2014 however, a very interesting and innovative new P2P crypto currency was introduced – Huntercoin.
Huntercoin is defined as a human Mine-able P2P Decentralized Crypto Currency & Game. It is a fork of Namecoin that makes use of Namecoin’s protocol to host a decentralized game that is played on top of the blockchain. Namecoin on the other hand uses the protocol to resolve domain names.
What is it exactly?
This video gives you an overview of their platform:
Huntercoin effectively provides a distributed decentralised game and currency engine. Every event leading up to the present moment is recorded as a public ledger in the blockchain so your successes, failures, and transactions are immortalised. This also ensures Fair game play. Huntercoin can be merged-mined with both Litecoin as well as Bitcoin miners simultaneously - without the waste of computational power. This provides accessibility to existing Bitcoin and Litecoin miners without the need of extra energy, thus proving to be environmentally friendly.
Some features of Huntercoin:
Huntercoin reached $1m within the first three days of trading. It also has a rapidly-growing community, having accumulated over 5,000 players so far.
A new client is currently being developed for Huntercoin by MithrilMan: