Online advertising in fiat currency involves several problems, such as high transaction fees, lack of transparency and payment risks. Blockchain technology solves these problems, so four entrepreneurs created AdCoin, the payment solution for online advertising. Fast forward to the summer of this year, AdCoin became the victim of 51% attacks on Cryptopia due to changed economic and technological circumstances. As blockchain technology evolves, these recent attacks are a reason for AdCoin too evolve too and its algorithm; from Proof-of-Work to Proof-of-Stake with masternodes.
Hi everyone! It has been a long time since our last blog update, and a lot has happened in the meantime. AdCoin is starting to scramble back up since the temporary market pause on Cryptopia, and this update will explain why. We will cover four major topics this time: The first topic being the reopening of the market on Cryptopia, followed by our partnership with BitcoinOne, the AdCoin Contest and last but not least, the WordPress Advertising Plugin and other developments.
“Hard work… There’s no secret formula. I work hard and aim to be the best.”
– Ronnie Coleman
Hi everyone! First of all, thank you for taking the effort to read this. We know it’s been a hell of ride ever since the February crypto dip and we appreciate anyone who stays involved in our community. This update will contain 3 major topics which are closely related. The first topic is the temporary market pause on Cryptopia, followed the AdCoin blockchain algorithm and finally business development and next steps.
“Perseverance is the hard work you do after you get tired of doing the hard work you already did. ”
– Newt Gingrich
Hi everyone! It has been over a month since we launched the beta version of our AdCoin advertising platform. Within a week we were serving up to 5 million impressions, but unfortunately a week later we ran into some problems. The platform suffered from the increase in traffic, but also from attempted hacks and DDOS attacks.
Initially we decided to “not accept” new registrations, but eventually we decided to pause the platform and focus on a second release. So without further ado: the advertising platform release 2.0 will be on June 21
“If you’re going to eat shit, don’t nibble.”
With the hardfork successfully implemented we have moved on to the development of AdCoin tools and integrations. While writing this update our developers are working hard on creating some really cool applications and integrations. But let’s kick off with the usual quote before diving into the specifics.
“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.”
– Jimmy Dean
JANUARY 29, 2018: AdCoin is upgrading its code to include Dark Gravity Wave (DGW3) and SegWit. The updates will smoothen the transactions and prepare AdCoin to handle a lot more transactions. It was a necessary update to ensure online advertising transactions are performed quickly and at a fraction of regular payment methods. The development team stated: “After the fork is completed the infrastructure will enable advertising partners to start using AdCoin and we can focus on the development of additional projects. We already created a comprehensive web-wallet which is linked to (B2B) order management systems and a REST-api. Our current projects involve a payment gateway, WordPress extension, ad serving tool and influencer platform.”.
Technical details: the SegWit update will have a consensus vote by the miners very close to the binary release time (February 1st) and Dark Gravity Wave a short period after that (estimated block height 25.000).
A long overdue update on the AdCoin developments. While I want to keep it short, this update has quite some positive impact on the general roadmap. But like always, first a quote 🙂
“You can really only enjoy life when you’re extremely busy.”
– Josephine de La Baume
Hi everyone! Another small update on recent events and future outlook of the AdCoin development. I’ll kick off with another quote first:
“The key to success is emotional stability.”
– Warren Buffett Read more
Hello AdCoin enthusiasts! A small update on the projects that AdCoin is working on in order to get the first ads live. First another quote to describe I experienced last week 🙂
“I was taught that the way of progress was neither swift nor easy.”
– Marie Curie Read more