Strayacoin: World’s truest, bluest cryptocurrency arrives

Andrew Munro 31 January 2018 NEWS

strayacoin snip

Say g'day to the newest digital dollaridoo. Disclaimer: Please don't buy this.

Strayacoin has arrived on the blockchain as a "fair dinkum, decentralized (sic), mate-to-mate digital dollaridoo that you can use to pay Davo back after a trip to the servo." It was released on 26 January (on Australia Day, or Invasion Day as it's increasingly known) and there are 25 million in circulation, or around one per Australian counted in the latest census.

Functionally the coin itself is just an Australia-fied Litecoin (LTC), and "in just a few shakes of a lambs (sic) tail, you can start earning coins by mining blocks on the Strayacoin network".

Crypto newcomers who want to try mining for themselves, just to see how it all works might actually get some valuable use out of the straightforward mining instructions on the Strayacoin website, and there's probably some peace of mind to be found by mining a coin that you can be absolutely sure is going to be worthless fair dinkum.

"Since the Strayacoin network is new, the mining difficulty is currently easy peasy enough to successfully mine on most modern CPUs (old lappy). It is very possible to mine thousands of Strayacoins before smoko, while this difficulty remains low," Strayacoin explains.

Disclaimer: This information should not be interpreted as an endorsement of Strayacoin's legitness or a recommendation to chuck any money at it. As an investment class, you'd hafta be out of your tree to reckon Strayacoin is gonna pull in a chunk of change. Only a right drongo would consider historic performance (of which Strayacoin has none) to be a guarantee of future returns. Strayacoin may be highly volatile, vulnerable to hacking and at risk of a total loss of value once this joke gets old.



straya coin snip


Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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