Folks, today we are proud to present a bright new star on the sky of cryptocurrencies. This is a game changing day for each and every one of you. Redefining Cryptocurrency. INTRODUCING 4th generation FRICTIONLESSCOIN.
★★★ SPECIFICATIONS: INTRODUCING PROOF OF FRICTION
Max Coins: 888.888.888 FLC
Algorithm:
Proof of Friction. PoF is an entirely new algorithm that was developed by MergeMiner284. For me personally it's a complete breakthrough to have any proof of friction firestarting anywhere in the west. First, there was Proof of Work. Later there was Proof of Stake. PoS is doomed to fail as anyone could clearly say. The proof of magnets not producing forces on their own is similar to the so called proof of friction. Simple fact: there is no such thing as a force! Due to this fact, we are more than proud to introduce our all new,
FOURTH GENERATION Proof of Friction Algorithm that will enable the network to detect frictions within the userbase to enforce EQUAL AND FAIR DISTRIBUTION OF ALL COINS. No other coin can come close to this. Our system and wallet is 100% new code that was written completely from scratch. Unlike NXT the client features a new wallet.dat technology which enables you to restore your wallet at any time using a specific phrase and your account number. On top of that we work with cutting edge 3 factor authentification.
Distribution Model: The PoF algorithm allows us to benefit of both PoW and PoS. You will be able to mine the coin as well as take part in its initial IPO. Mining is done not in a traditional way but using an all new, state of the art process called "Stacking", which can be done even on mobile phones. To make this as fair as possible we have intensively thought about a distribution model unlike anything ever seen.
★★★ DEVELOPMENT TEAM
__BCFrictionless, Lead Developer
__MergeMiner284, Creator of PoF/C++11 developer
__UltimateGenetics, .NET DEVELOPER
__Ouzo12, C++11 developer
__Thomas Nasakioto, Clone Wizard
__Yellow Huangdi, Support Wizard
__Spawnselector, Financial Advisor
__Vla2Vla, Secretary ♀
__JavaWizz, Java Developer
__Mr.Xrupt, Cryptography Expert
Our team consists of developers who have a strong background in both Cryptography and C++11 development. Creating a strong revolutionary 4TH gen cryptocurrency was a hard task. We were inspired by NXT and SkyCoin - BUT we will take them to the next level.
★★★ PREMINEWe have intensively discussed if and if so, how much premine is FAIR and accepted by the Community. We have decided to premine only 1% of all Coins to maintain longevity and further attract highly experienced and skilled developers to join this revolutionary project. If you think this is too much you have to understand the nature of Proof of Friction which is unlike PoW and PoS. All the coins will remain totally transparent in a public ledger that is included in the Client. 0,5% of the coins will be available for bounties and giveaways. 0,45% of these coins will be given away in an E-Mail giveaway. Anyone can check the balance and where coins go at all times. Only 0,05% of the premine is given as an incentive to the lead developers themselves. This is in the interest of ALL users and very important for the coin to thrive.
OFFICIAL RELEASE DATE: 14TH MAY 2014
Linux Wallet ---- Check back 5/14, 00:00
MacOSX Wallet ---- Check back 5/14, 00:00
Windows Wallet ---- Check back 5/14, 00:00
Unlike NXT, our SOURCE CODE will be 100% released ON THE DAY of LAUNCH. All developments have been carried out and are being refined. Be excited!
You will be able to buy Coins with NXT and AUR.
NO ADDRESS will be posted before release date. Don't trust anyone with my name or anybody who claims to be me, BCFrictionless
Folks, get ready for the revolution you've all been waiting for. 4TH GEN IS HERE.
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