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US Tribes Launch Own Crypto-Currency

March 4, 2014 by AmbitionIAS Leave a Comment

US Tribes Launch Own Crypto-Currency

  • A group of tribes in US have launched their own crypto-currency named “MazaCoin” which is similar to “Bitcoin”
  • Reason for launching own currency: In hope of lifting all tribes out of poverty and fuel growth.
  • The group said it is easier to mine Mazacoin than Bitcoin and takes less computing power.

Exams Perspective:

  • MazaCoin
  • Bitcoin
  • Crypto-Currency/Digital Currency

Filed Under: Current Affairs, Economy, International Tagged With: Bitcoin, Crypto-Currency, Digital Currency, Local Currency, Mazacoin

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