Auroracoin devs announce significant code update

Today, the development team behind the Icelandic digital currency Auroracoin announced the release of an updated codebase. In a press release sent to CoinReport, the team explained the upgrade’s design will enhance the reliability and security of the Auroracoin blockchain. The upgrade was accomplished in partnership with the Icelandic Auroracoin Foundation Auraráð.

“The focus of this update is to create a secure and reliable blockchain that can be the backbone of an eventually preferential monetary system in iceland,” said development team member Jess Foddrill.

The new codebase utilizes five algorithms to create an ASIC-resistant network suitable for CPU and GPU miners. Advantages with this new method include improved decentralization and the mitigation of multipool activity that reduces the chance of “long blocks.” The previous codebase used a scrypt-only algorithm.

Over the next couple days, the team will release wallets for the Windows, OS X and Linux operating systems along with web wallets compatible with Android, Apple and Blackberry handhelds and tablets. According to Auroracoin’s site, the digital currency has over 12.9 million coins in circulation spread over 33,680 wallets.

“The team can now turn its focus to educate the icelandic public about Auroracoin and its benefits to the society along with building the tools that simplify usage for merchants and consumers alike,” said Pétur Árnason, chairman of Auraráð. The foundation’s goals, according to its site, focus on the adoption and development of Auroracoin in Iceland.

Those interested in learning more about these technical changes can review the release notes.

Image via the press release