Faircoin | PositiveBlockchain.io

Short Description

  • A global cryptocurrency to be used for transfers among a global cooperative network

Long Description

Enabling Equality and a Fair Economy

With the support of Fair.Coop, FairCoin implements fair value exchange on a global level. After two years of preparation and a lot of testing, FairCoin has been successfully switching from Proof-of-Stake to the Proof-of-Cooperation mechanism on July 18th, 2017. We are proud that FairCoin now is the the most ecological and resilient cryptocurrency.

Ecological: very low power consumption for transaction control
Safe: cooperatively validated nodes (CVNs, see FAQs)
Fast: transaction confirmation each three minutes
Ethical: supports fair business values
Future Safe: some blockchain parameters are adjustable by design
Strong: high commitment by several cooperatives worldwide
Controlled growth: official price is 1 FAIR for 1,20 Euro (see our slow price adoption strategy)
Vibrant: strong community with daily online collaboration (link is external) & regular local nodes (link is external) meetings
Democratic: strategy and decision making in monthly assemblies

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Additional Details

  • Whitepaper:https://chain.fair-coin.org/download/FairCoin2-white-paper-V1.1.pdf
  • Other links:https://fair-coin.org/en/what-can-we-do-our-faircoin
  • Founders:Enric Duran
  • Token:FAIR
  • Creation Year:2014
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