Fantomcoin (FCN)

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Revision as of 04:54, 11 January 2019 by wiki_crypto>Zeb.dyor
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Fantomcoin
Consensus mechanismProof of Work
Total supply18.400.000
  • “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