Auroracoin is a cryptocurrency for Iceland that is launched in February 2014. It is 50% premined and the coins will be distributed free-of-charge to all 330,000 citizens of Iceland via an airdrop starting from the midnight of 25th March 2014. Auroracoin is created as an alternative to the Icelandic krona. The movement of krona is severely restricted by the government and its value has dropped significantly against gold and the dollar since 1960. Each Icelandic national will receive 31.8 auroracoins during the airdrop. The creator of auroracoin goes by the pseudonym Baldur Friggjar Odinsson. Aurorcaoin is a clone of Litecoin.
X-CASH is a cryptocurrency based on blockchain technology. The platform aims to become a global intermediary for all kind of payments and reduce transaction costs by 99%. X-CASH is a cryptocurrency built on Monero v7 with the aim to become a standard in digital payment and transaction settlement. We believe privacy is very important when it comes to managing personal finances, but at the same time, banks and institutions need to know the source of the funds for KYC purposes. Therefore, we plan on leaving the users the choice of whether or not they want their transaction to be public. Because we are implementing a worldwide network of dedicated servers, we hope to make the synchronization of the blockchain faster than other cryptocurrencies as well as reducing transaction latency. We believe this network will be a key component in the deployment of the future improvements we plan on adding to the core code.