NYCCoin is set to launch on November 11th. The cryptocurrency was developed by CityCoins, which released MiamiCoin. The project uses the Stacks protocol, built on the Bitcoin blockchain.
On November 8, newly elected New York City Mayor Eric Adams confirmed the news on Twitter, saying that “the city will use technology and innovation to move forward.”
Adams was elected mayor of New York on November 2. The new mayor will take office at the beginning of 2022. The Democrat is a longtime supporter of cryptocurrencies and has already announced that he will receive his first three salaries in Bitcoin.
Subscribe to ForkNews on Telegram to stay up to date news from the world of cryptocurrency
According to cointelegraph.com
You May Also Like
DBS bank holds 650 million worth of ether? Nansen tracked the whales
Singapore bank DBS holds 650 million worth of ether? Nansen tracked the whales' wallet. Nansen believes that the crypto wallet has already earned $200 million by owning ETH.
Man on the Blockchain vs. Artificial Intelligence
As the issue of governance comes up more and more in discussions about consensus protocols, it is becoming clear that Satoshi Nakamoto's original vision focused on machine governance rather than human governance. However, if AI really poses such a threat to humanity, as Elon Musk and Sam Altman believe, why are we taking such risks?
