Even though Bitcoin’s deflation is a terrible prospect from a macroeconomic perspective, it could be a good thing when viewed from a microeconomic perspective.

Coin age is a central concept in Proof of Stake (PoS) algorithms. Both PoS and Proof of Stake Velocity (PoSV) are alternatives to the traditional Proof of Work (PoW) mining.

One year ago a single Bitcoin was worth around $ 130. At the start of the year, the value of a Bitcoin had increased to around $ 800, after peaking over more than a thousand in December.

For a long time, DogeHouse was one the biggest mining pools in the Dogecoin network, dedicated to solely mining Dogecoin. The pool officially shut down on April 7, 2014.

During the weekend one of Dogecoin‘s developers raised the possibility of changing the cryptocurrency’s block schedule.