Fantomcoin (FCN)
From CryptoWiki
Consensus mechanism | Proof of Work |
---|---|
Total supply | 18.400.000 |
- “Fantomcoin is the first CryptoNote currency with merged mining support. Users who mine Fantomcoin are also able to mine other CryptoNote-based coins without additional hash power. This feature allows user to receive not only FCNs but also any other CryptoNote-based currency. As the result, Fantomcoin encourages fair distribution and stabilization of the cryptocurrency market through diversification.“
- Merged mining with Bytecoin (BCN), Monero (BMR, MRO), QuazarCoin
Specifications:
- Is a CryptoNight-based coin forked out of Bytecoin.
- Block Time, sec: 60
- Reward, coins per block: Block reward decreases according to the formula (2^64 - 1 - A)*2^(-22)*10^(-12) where A = supply mined to date
- Difficulty cycle, blocks: every block