Freicoin Stocks, USD price, market cap
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Freicoin (FRC) is a cryptocurrency that was launched in 2013. It is a decentralized, open-source, peer-to-peer digital currency that is based on the Bitcoin protocol. Freicoin is designed to promote economic equality and reduce wealth inequality by implementing a demurrage fee that is paid to holders of the currency.
The Freicoin project was started by a group of developers and economists who wanted to create a currency that would promote economic equality. The idea behind Freicoin is that it would be a currency that had a built-in demurrage fee. This fee would be paid to holders of the currency, which would help to reduce wealth inequality by redistributing the wealth that is created from the creation of new coins.
The Freicoin network is secured by a proof-of-work consensus algorithm that is based on the Bitcoin protocol. The network is designed to be resistant to attacks and is secured by miners who are rewarded for their efforts with newly created coins. The network is also designed to be energy efficient and has a block time of one minute.
Freicoin has a market capitalization of over $2 million and is listed on several exchanges including Bittrex, Poloniex, and Cryptsy. The currency is also supported by a number of wallets including the official Freicoin wallet, Jaxx, and MultiBit.
Freicoin has a number of features that make it attractive to users. The demurrage fee helps to reduce wealth inequality and the energy efficiency of the network makes it an attractive alternative to other cryptocurrencies. Additionally, the currency has a low transaction cost and is designed to be resistant to attacks.
Overall, Freicoin is an innovative cryptocurrency that has a number of features that make it attractive to users. The demurrage fee helps to reduce wealth inequality and the energy efficiency of the network makes it an attractive alternative to other cryptocurrencies. Additionally, the currency has a low transaction cost and is designed to be resistant to attacks.