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FreeCoin

FEC

FreeCoin

Algorithm:

What is FreeCoin?

AD 1776, the United States proclaimed the birth through the ”Declaration of Independence”, since when American freedom and democracy beginning; – AD 1876, France presented the Statue of Liberty to the United States Government, as the 100th anniversary gift of freedom and independence,
let freedom shine all over the world; – AD 2013, former CIA officer Edward Snowden give away ”Prism program” and thus became a fighter for freedom; – AD August 7, 2013, 15:59:59 GMT, FreeCoin (FEC) will be officially Online, open a new chapter of freedom and virtual currency;
Waiting for the moment you join me in the free world, sing Free-Style all from our hearts.
Free is a lifestyle.
Freecoin, anytime, anywhere, be with you.

Release date: August 7th, 2013

Specifications

  • Release Time:Wed, 07 Aug 2013 15:59:59 GMT
  • POS+POW based on YaCoin and scrypt-jane
  • P2P port: 38887, RPC port: 38888
  • Total coins: 0.1 billion
  • 45 seconds a block
  • Reward per block: initial 88 coins, reduced by 12.95% everyday(1*1920 blocks) for 5 days, when reduced to 50% (5 days), the block reward varies based on the diff and hash power
  • Annual interest: 0.88% - No premine
  • Transaction comment - we decide to abondon this features considering the size of block data - Mining need 88 confirm, transaction need 3 confirm
  • Min stake age: 5 days, max stake age: 20 days - support of more than 40 languages
ExchangePrice
CoinEx no API

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