Opal Unveils New Decentralized Services

By March 7, 2015Bitcoin Business

Launched in late 2014, OpalCoin  has learned a lot from its predecessors. It utilizes the X13 scrypt mining algorithm until block 15,000, when proof-of-stake takes over. It has a block time of only 90 seconds, and with no pre-mine or initial coin offering, it’s difficult to accuse it of being a get-rich-quick scheme.

Opal is named after the rare gemstone, which is naturally opaque. Opacity is a recurring concept in OpalCoin, a visual metaphor for […]

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