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NewYorkCoin is a cryptocurrency like Bitcoin, that uses Scrypt as its proof of work (POW). Taking development cues from Dogecoin and Litecoin, NewYorkCoin is built as a retail-level cryptocurrency offering fast transaction confirmations with no fees to send or receive worldwide.
NewYorkCoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.
Development is ongoing, and the development team, as well as other volunteers, can freely work in their own github branch and submit pull requests when features or bug fixes are ready.