Bitcoin Forum
June 17, 2024, 05:26:32 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Florincoin - The newest, oldest coin you've never heard of, but wish you had  (Read 538 times)
spacelab (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 250


Nominex support


View Profile WWW
August 28, 2017, 01:36:39 PM
 #1

Florincoin is a legacy coin traded on bittrex and poloniex, with a marketcap of ~$10million and a total supply of +100million. No ICO and No premine. As far as crypto fundamentals go, this is as good as it gets.

FLO is a scrypt based coin with its flagship application, Alexandria.io - a content distribution platform which uses IPFS, Bittorent, and the florin blockchain.

The developers have been dedicated for over 3 years, and are about to release major updates for Alexandria.

A block halving event is imminent, aswell as a potential rebranding and algo change.
John Titor
Full Member
***
Offline Offline

Activity: 129
Merit: 100


View Profile
August 28, 2017, 02:09:55 PM
 #2

They better hurry up with that algo change

If they use a common algorithm like scrypt with such a small market cap, what is stopping say, a litecoin mining farm from one day 51% attacking the coin?  Honestly I feel like such an attack could have happened at any point in the last year, especially now considering how much LTC's hashrate has increased, only reason it hasn't happened already is probably that no one cares enough.
spacelab (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 250


Nominex support


View Profile WWW
August 28, 2017, 03:31:55 PM
 #3

They better hurry up with that algo change

If they use a common algorithm like scrypt with such a small market cap, what is stopping say, a litecoin mining farm from one day 51% attacking the coin?  Honestly I feel like such an attack could have happened at any point in the last year, especially now considering how much LTC's hashrate has increased, only reason it hasn't happened already is probably that no one cares enough.

there is quite a bit of hashing power
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!