Freicoin is a P2P currency based on Bitcoin.
Unlike Bitcoin, Freicoin has a demurrage fee that ensures its circulation and bearers of the currency pay this fee automatically. This demurrage fee was proposed by Silvio Gesell to eliminate the privileged position held by money compared with capital goods, which is the underlying cause of the boom/bust business cycle and the entrenchment of the financial elite, and has been tested several times with positive results.
Freicoin (FRC) is a cryptocurrency or a form of digital asset. Freicoin (FRC) price for today is $0,004405 with a 24-hour trading volume of $5
Coin type: | coin |
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Open source: | Yes |
Development status: | Working product |
Hardware wallet: | No |
Proof type: | Proof of Work |
Org structure: | Decentralized |
Hash algorithm: | SHA256 |
Circulating supply: | 57 502 113 FRC |
Total supply: | 100 000 000 FRC |