What is Auroracoin(AUR)?

Auroracoin ( AUR) may well be a peer-to-peer crypto-currency launched in Feb 2014 as an Icelandic numerous to bitcoin and thus the Icelandic Krona.The unknown creator or creators use the pseudonym Baldur Friggjar Odinsson. They declared that they planned to distribute auroracoins which will ever be created to any or all 330,000 people listed in Iceland's national ID data beginning on 25 March 2014, free of charge, initiating to 31.8 coins per person.

Auroracoin was created as another currency to handle the government restrictions on Iceland's krona, in place since 2008, that severely restricts movement of the currency outside of the country.Iceland's interchange Act collectively prohibits the interchange of bitcoins from the country, per a executive. It was the first of sort of country-based crypto-currencies.

(AUR/USD) 60 Days Price Chart