1000 BTC Ramsom to Malaysian’s Largest Media Group


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10 months ago, I made a post about the issues with BTC as we move into the future. Now, I’m planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up.

10 months ago, I made this post: [https://www.reddit.com/r/CryptoCurrency/comments/7lsig2/btc_is_doomed_and_its_time_to_move_on/](https://www.reddit.com/r/CryptoCurrency/comments/7lsig2/btc_is_doomed_and_its_time_to_move_on/)
The title was dramatic as hell, yet I believe I raised valid concerns and promoted discussion. At the time, I had no plans to build a currency. Around 6 months ago, that changed.

I wanted change, and realized I could enact it. Therefore, I decided to stop thinking and start working. I started building my own cryptocurrency, from the ground up. Its goals were to be feeless, instant, and decentralized. To accomplish this, I designed a brand new consensus algorithm called Merit Caching. Now, we have a site, and are preparing to launch a Developer Testnet in about a week!

I’d love to get the feedback of this wonderful community. Our site is [https://embercrypto.io](https://embercrypto.io), and it has links to our Twitter, Discord, Blog, and GitHub, If anyone has any comments or questions, I’d be happy to respond! Thank you!

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