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CryptoCoin.com: Freicoin (FRC)

Freicoin (FRC)

95 satoshi
(Source: CoinMarketCap.com, 24,933,411 minutes ago)


Freicoin (FRC) is an open-source, decentralised cryptocurrency launched in December 2012 as a fork of Bitcoin. Compared to the parent, it comes with an interesting economic ideology as well as a concept of "demurrage". The cryptocurrency imposes a negative 5% interest rate called demurrage fee (distributed to the miners) which is designed to encourage users of Freicoin to deploy the money for its original purpose - as a means of exchange, rather than as a store of value. On the technical side, Freicoin is a proof-of-work cryptocurrency that uses the SHA-256 hashing algorithm for mining the coins. The design of Freicoin specifies that during the initial money creation period (approximately three years), 80% of the generated Freicoins are to be distributed by the Freicoin Foundation via donations and only 20% are awarded to the miners. The total coins supply is set to 100 million freicoins. Original announcement.

Popularity (hits per day): 12 months: 109 (0.5), 6 months: 113 (0.6), 3 months: 119 (0.7), 4 weeks: 121 (1.0), 1 week: 111 (1.7)


Freicoin Summary
Cryptocoin Freicoin (FRC)
Home Page http://freico.in/
User Forums https://freicoinalliance.com/BitcoinTalk.org
Documentation https://github.com/freicoin/freicoin/wiki
Source Code https://github.com/freicoin/freicoin
Wallet Download http://freico.in/download/
Blockchain Explorer Sicanet.net
Coin Exchanges https://freiexchange.com/
Coin Faucets  
Mining Pools http://freicoinpool.com/
Related Websites CoinGecko.comCoinwarz.com

Recent Related News
 • 2016-08-19: Cryptocurrency Release: Freicoin (FRC) 0.8.6-2

 • More Freicoin news...

Release History
Version Release Date Announcement • Release Notes • Changelog • Features List • Source Code
2016-08-17 release notes, source code

Freicoin (FRC) Market Statistics by CoinMarketCap.com, updated 22 minutes ago
Rank (by market cap)
Market Capitalisation (USD) $55,936 Latest Price (USD) $0.00200501
339
Available Supply (FRC) 27,898,165 FRC Latest Price (BTC) ฿0.00000095
Total Supply (FRC) 100,000,000 FRC 24h TWAP **
24 Hour Trade Volume (USD) $15,002.80 Percent Change in 24 Hours * +2.52%
    Percent Change in 7 Days * -7.41%
Sources: CoinMarketCap.com, CoinCap.io. *The "Percent Change" data are calculated from USD prices (not BTC prices). **TWAP - Trade-Weighted Average Price

Recent Freicoin News Roundup
2013-11-22 Interview with Jorge Timón, leader of Freicoin project
2013-06-11 Freicoin's attempt to free the economy
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