News Archives - Marscoin™ https://www.marscoin.org/category/news/ Tue, 09 Jul 2024 02:57:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.marscoin.org/wp-content/uploads/2024/02/marscoin64-1.png News Archives - Marscoin™ https://www.marscoin.org/category/news/ 32 32 Marscoin adopts ASERT difficulty adjustment algorithm in Latest Updates https://www.marscoin.org/marscoin-embarks-on-new-era-with-asert-algorithm-in-latest-updates/ Mon, 08 Jul 2024 22:51:37 +0000 https://www.marscoin.org/?p=12320 ...

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Introduction: The Marscoin network is set to receive a significant upgrade at block 3,000,000 as it integrates the ASERT (Aserti3-2d) difficulty adjustment algorithm. This critical update will be implemented in Marscoin versions 1.6.5 and 1.7.5, marking a milestone in the cryptocurrency’s journey towards greater stability and efficiency.

What is ASERT? ASERT, or Aserti3-2d, stands for “absolutely-scheduled exponentially rising targets,” a difficulty adjustment algorithm designed to enhance the stability and predictability of block times across the network. Originating from the Bitcoin Cash network, ASERT addresses fluctuations caused by varying hash rates and aims to maintain a consistent average block time, crucial for transaction processing and miner profitability.

Why ASERT? Prior to ASERT, Marscoin utilized traditional difficulty adjustment algorithms that could lead to erratic block times due to sudden changes in network hash rate. With Marscoin’s growing adoption as the token of choice for space enthusiasts and the increasing computational power dedicated to mining Marscoin, a more robust and responsive system was necessary. ASERT responds more smoothly to real-time changes in hash rate, ensuring a more predictable and stable mining environment.

Version Updates: For users of Marscoin, it’s essential to upgrade to the latest software versions to take full advantage of the improvements offered by ASERT:

  • Version 1.6 users should upgrade to 1.6.5
  • Version 1.7 users should upgrade to 1.7.5

These updates not only include the ASERT algorithm but also several other improvements and bug fixes that enhance the overall security and efficiency of the Marscoin network.

Implementation at Block 3,000,000: The choice of block 3,000,000 for launching ASERT is strategic, reflecting Marscoin’s commitment to timely and impactful updates. This block represents a significant milestone in Marscoin’s history, symbolizing maturity and readiness for future challenges as the cryptocurrency of space colonization.

What to Expect: Marscoin miners and users can expect a smoother experience post-upgrade. The ASERT algorithm is designed to ensure that the time between blocks remains consistent at approximately two minutes, regardless of significant increases or decreases in hash rate. This change is particularly beneficial for miners who will see more predictable rewards and for users who will experience faster and more reliable transaction confirmations. While dramatic hashrate changes will still impact the block generation, in general, the network should balance back more consistently.

Conclusion: The integration of the ASERT difficulty adjustment algorithm is a bold step forward for Marscoin, positioning it as a forward-thinking cryptocurrency ready to support the burgeoning space economy. As we approach block 3,000,000, all stakeholders are encouraged to update their systems to benefit from enhanced stability and performance, ensuring Marscoin continues to lead as the pioneer cryptocurrency of the final frontier. If you are using an Electrum client or ByteWallet no upgrade is needed!

Call to Action: Update today to Marscoin version 1.6.5 or 1.7.5 and be part of this monumental update. Together, we are paving the way to Mars and beyond. Ad Astra!

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Marscoin Foundation: Charting New Territories with a Historic Trademark Registration https://www.marscoin.org/marscoin-foundation-charting-new-territories-with-a-historic-trademark-registration/ Fri, 01 Dec 2023 20:28:00 +0000 https://staging.marscoin.org/?p=12241 ...

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The Marscoin Foundation, Inc., has successfully secured a trademark that may well be the first space-related cryptocurrency trademark in the history of crypto. This milestone not only underscores the innovative spirit of the Marscoin Foundation but also solidifies its place in the annals of both space exploration and the ever-evolving cryptocurrency landscape.

A Historic Leap for Cryptocurrency

On November 28, 2023, the United States Patent and Trademark Office (USPTO) awarded Certificate of Registration No. 7,227,237 to the Marscoin™ mark, signaling a new era for space-related financial instruments. This groundbreaking achievement is more than just a legal victory; it’s a testament to the vision and perseverance of The Marscoin Foundation, which has been at the forefront of the intersection between cryptocurrency and space exploration since its inception in 2014.

The Significance of the Marscoin™ Trademark

The Marscoin trademark represents a unique blend of technological innovation and the human spirit’s boundless curiosity. As the potential first space-related cryptocurrency trademark, it sets a precedent for future endeavors in this niche intersection of industries. The registration not only protects the Marscoin brand and general public against scammers and fraudsters but also underscores the importance of intellectual property rights in the fast-paced digital currency market.

Beyond the Trademark: A Vision for the Future

The Marscoin Foundation’s journey began in 2014, with a mission to support the exploration and settlement of Mars. By leveraging the power of cryptocurrency, the foundation aims to facilitate the funding and development of projects that will make human life sustainable on the Red Planet. The trademark registration marks a significant milestone in this journey, providing a secure foundation upon which the Marscoin project can continue to grow and innovate.

A Call to Action for Supporters and Enthusiasts

The Marscoin Foundation’s achievement is not just a win for the organization but a victory for the entire space and cryptocurrency communities. Marscoin, at the forefront of merging space exploration with blockchain technology since 2014, shines as a symbol of progress and possibility. We extend an open invitation to software developers, crypto-enthusiasts, and advocates from every corner of the world to contribute their unique skills and visions. The Marscoin Foundation thrives on international collaboration, empowering each participant to shape the future. If you have innovative ideas or projects eager for a launchpad, Marscoin offers the perfect orbit for your aspirations, fostering partnerships that propel us all towards a new frontier.

Conclusion: A New Frontier Awaits

The Marscoin Foundation’s trademark registration is a landmark event for the convergence of cryptocurrency and space exploration. As we celebrate this historic achievement, we also look forward to the exciting possibilities it heralds for the future. The Marscoin™ project is more than just a cryptocurrency; it’s a symbol of human ambition and ingenuity, paving the way for a future where the final frontier is within our reach.

In acknowledging and celebrating this momentous occasion, we not only recognize the strides made by The Marscoin Foundation but also inspire a new generation of innovators and dreamers to look to the stars and envision a world beyond our own, to make humanity a truly multi-planetary species. Ad Astra!

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The Mars Society Embraces the Future with Marscoin Donations https://www.marscoin.org/the-mars-society-embraces-the-future-with-marscoin-donations/ Tue, 06 Aug 2019 21:40:00 +0000 https://staging.marscoin.org/?p=12277 ...

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On August 5, 2019, a new achievement in the world of digital currency and space exploration was unlocked. The Mars Society, the leading advocate for the human exploration and settlement of Mars, announced its capacity to accept donations in various digital currencies, including Bitcoin, Ethereum, Litecoin, and notably, Marscoin. This momentous announcement signifies a pivotal leap forward in leveraging digital currency for the cause of interplanetary exploration.

Marscoin at the Heart of Mars Exploration Efforts

The Marscoin Foundation’s mission extends beyond the realms of cryptocurrency; it is a vision deeply entwined with the future of human life on Mars. The Mars Society’s decision to accept Marscoin donations is a testament to the growing recognition of our digital currency’s potential to fund and facilitate the ambitious goal of colonizing Mars. As a cryptocurrency designed with the Red Planet in mind, Marscoin is uniquely positioned to address the logistical and financial challenges of establishing a human presence on Mars.

A Strategic Partnership for the Future

The Marscoin Foundation is proud to have facilitated a significant donation of Marscoin to The Mars Society. This partnership between our foundation and the society is a strategic alignment of visions, where digital currency meets space exploration. By accepting Marscoin, The Mars Society not only diversifies its fundraising efforts but also embraces a future where Mars colonization becomes a reality.

The Evolution of Marscoin and Digital Currency Acceptance

The journey of Marscoin, from its inception to becoming a recognized medium for supporting Mars exploration, mirrors the evolving landscape of digital currencies. The decision by The Mars Society to accept digital currencies marks a significant shift in public perception and regulatory acceptance of cryptocurrencies. The Colorado Digital Token Act, which legitimizes digital currency transactions for non-profits and businesses, played a crucial role in this evolution. As pioneers of Marscoin, we are committed to adhering to these regulations, ensuring transparency and security in all transactions.

Marscoin: A Currency for Martian Society

Marscoin was created not just as a digital currency but as a foundational pillar for the future Martian economy. It envisions a scenario where Mars settlers utilize Marscoin for transactions, governance, and development on Mars. The inherent delays in communication between Earth and Mars necessitate a decentralized blockchain for Mars itself, separate and independent of Bitcoin, which Marscoin aims to provide. Our digital currency is designed to facilitate seamless transactions among Mars settlements and settlers making it an integral part of the Martian society blueprint.

A Unified Vision for Mars

The Mars Society’s adoption of Marscoin donations represents a significant endorsement of our vision. This collaboration underscores the potential of Marscoin to contribute meaningfully to the human settlement of Mars. Our initial donation and the subsequent transfer of the Mars One project’s Marscoin balance to The Mars Society are steps towards realizing this vision.

From the Mars Society’s Blog:

“Mr. Lopin joined the Mars Society in 2013 and announced the cryptocurrency at a session talk at our 2014 conference where he also presented an initial donation of 500,000 Marscoins to the Mars Society.

The idea behind Marscoin is that it could be the first financial model for the red planet, by assuming that the first settlers would bring a copy of its “Blockchain” to Mars.  The inherent communication delays between Mars and Earth could be overcome using this technology, and it could cater to the nascent needs of burgeoning settlements, including the use of smart contracts, supply chain management, and decentralized voting and communication technologies using the same Blockchain.  As a result, transactions among Mars settlements and between Earth and Mars could thus be seamlessly affected and also publicly transparent. Exploring these topics in advance and being the first to explore them has been the main drive behind the Marscoin project. 

In addition to the initial 500,000 donation of Marscoins presented to the Mars Society during the project’s initial announcement at our 2014 convention, a special digital wallet was created, and its physical token was given to our Founder and President Dr. Robert Zubrin.  

At the same time, an identical 500,000 donation of Marscoins was offered to the Mars One team, led by Bas Lansdorp.  Over the years, the Mars One project has had some setbacks, and it has now become apparent to many that the Mars One project may not be able to carry out their promised goals. Recently, Mars Society staff reached out to Mr. Lansdorp to inquire if he would be willing to re-assign the official wallet of Mars One to the Mars Society.  He agreed, and we worked with Mr. Lansdorp, Mr. Lopin, and the Marscoin Foundation to transfer the entire Mars One digital currency balance to the Mars Society’s digital wallet. This balance includes some smaller individual donations given by the Marscoin community to Mars One since 2014. The exact transaction log can be browsed publicly using the Marscoin Explorer website.” – The Mars Society

Looking Forward with Marscoin

The Marscoin Foundation is excited about the future prospects of digital currencies like Marscoin in supporting the noble cause of Mars exploration and settlement. We stand at the forefront of this innovative intersection between digital currency and space exploration, dedicated to advancing humanity’s journey to Mars.

As we continue to explore these new frontiers, Marscoin remains committed to supporting The Mars Society and other endeavors that align with our vision of a human presence on Mars. Together, we are laying the financial groundwork for the colonization of the Red Planet, one transaction at a time.

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