James Howells Plans Ceiniog Coin With Possible Bitcoin Integration by 2025 Amid Uncertain Backing
Main Idea
James Howells plans to launch Ceiniog Coin by late 2025, integrating it with Bitcoin's blockchain using OP_RETURN and protocols like Stacks, Runes, and Ordinals, despite his past loss of 8,000 Bitcoins.
Key Points
1. Ceiniog Coin is a new digital currency project led by James Howells, designed to integrate directly with Bitcoin’s blockchain using the OP_RETURN feature.
2. The project aims to leverage Bitcoin protocols like Stacks, Runes, and Ordinals to extend Bitcoin’s capabilities, including enabling smart contracts.
3. Ceiniog Coin currently has no confirmed ICO or institutional funding, introducing uncertainty about its market impact.
4. The launch is planned for late 2025, with technical challenges including scalability and security concerns related to Bitcoin integration.
5. James Howells’ previous loss of 8,000 Bitcoins is noted as a backdrop to this new project, which represents a fresh attempt to innovate within the Bitcoin ecosystem.
Description
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