Frencoin: In this article, we cover a detailed review of Frencoin. How does Frencoin Crypto work & Are important features?
Frencoin is the cryptocurrency and community for FRENs to transact with positivity, kindness, and wholesomeness. All (FRENs) are fairly issued, being mined publicly and transparently using Proof of Work (POW) with no private, public, founder, or developer allocation set aside. This is open source, community-built, and open to use for development in any jurisdiction. It was born in crypto winter 2023 by seasoned GPU miners and software developers who dreamed of a memecoin with more than a contract address. This is free of rugpull dynamics, ASIC schemes, and premine antics, which are all too common in the cryptospace.
This is an advanced configuration blockchain and platform built on a fork of Bitcoin and GPU-hardened Ravencoin code. Key changes are faster block times, increased transactions per second, a greater number of coins issued, and a Dogecoin distribution halving schedule. This is intended to prioritize security, user control, privacy, and censorship resistance. This is the memcoin for everybody and the FRENs we all need in our lives. May we all be inspired by Apu Apustaja, Frens, and Frencoin.
Frencoin Point Table
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Frencoin Price Live Data
The live Frencoin price today is $0.000011 USD with a 24-hour trading volume of $263,156 USD. They update to USD price in real-time. This is up 0.34% in the last 24 hours. The current ranking is #2870, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
Features of Frencoin
With KawPow algorithm Frencoin intends to stay GPU mineable forever since GPU miners are the greatest public force in decentralized cryptocurrency. Unlike other cryptocurrencies Frencoin refuses to sell out to ASIC manufacturers.
This is 20 times faster than the Bitcoin Blockchain and allows for more instantly scalable transactions without the need of centralized layer 2 solutions.
The exhibits a forever tail emission unlike other cryptocurrencies which make the mistake of scarcity valuation manipulations leading to illiquid, unmineable, and unsecure scenarios.
Fair Issuance and Transparency
This (FRENs) is issued fairly through public and transparent Proof of Work mining, with no private, public, founder or developer allocation set aside to ensure an equitable distribution of coins.
Frencoin Is Built Around Community
This is not simply a cryptocurrency; it’s an entire community focused on positivity, kindness and wholeheartedness that encourages its FRENs (community members) to act with these principles when transacting, creating a welcoming and upholding atmosphere for its FRENs (community members).
Open Source and Community-Built
This is built upon open source technology and community involvement, welcoming contributions and development from individuals around the globe to ensure inclusive growth and evolution.
Crypto Winter 2023 Origin
The first came into being during Crypto Winter 2023 as the brainchild of experienced GPU miners and software developers, who sought to create a cryptocurrency with greater depth and purpose within its digital currency space. Their vision was that they should go beyond being just another contract address: adding depth and meaning into cryptocurrency space as an entire realm.
Rugpull-Free and ASIC-Resistant
The stands out by being rugpull- and ASIC-resistant, creating an environment in which its ecosystem can flourish without rugpull dynamics, ASIC schemes or premine antics – three common issues within cryptocurrency space that compromise trust and stability. The pledge of non-ruggpull dynamics or premine antics ensures increased trust and stability within its ecosystem.
Advanced Configuration Blockchain
This is built upon a fork of Bitcoin and GPU-hardened Ravencoin code, featuring an advanced configuration blockchain with faster block times, higher transactions per second rates, and greater coin allocations than its counterparts.
The stands out as an innovative and vibrant cryptocurrency, not only as an asset for transactions but as a community-driven platform that fosters positivity, kindness, and wholeheartedness among its members, commonly known as FRENs. Committed to fairness, all (FRENs) are mined using Proof of Work (POW), without any private allocations such as founder or developer allocations.
The emerged out of the crypto winter of 2023, created by experienced GPU miners and software developers with an aim of developing a memecoin that transcends mere contract addresses. Set apart from similar projects by being rugpull-free, resistant to ASIC schemes and free from premine antics; offering its community an dependable environment.
The core principles emphasize security, user control, privacy and resistance against censorship. Aimed at providing everyone with a positive cryptocurrency experience reminiscent of Apu Apustaja and the camaraderie among “Frens,” This is not simply another cryptocurrency but an embodiment of community engagement that fosters positive experiences through cryptocurrency. May we all take inspiration from and find strength from its sense of community it cultivates!
What is Frencoin?
This is a cryptocurrency and community designed for FRENs to transact with positivity, kindness, and wholesomeness. It goes beyond being a digital currency, fostering a supportive and uplifting environment for its community.
How are Frencoins (FRENs) issued?
They are fairly issued through public and transparent Proof of Work (POW) mining. There is no private, public, founder, or developer allocation set aside, ensuring a fair distribution of coins.
Is Frencoin open source?
Yes, This is open source, and it is community-built. This means that the development is open to contributions from individuals worldwide, promoting inclusivity and diversity.
When was Frencoin created, and by whom?
It was born in crypto winter 2023, conceived by seasoned GPU miners and software developers. They aimed to create a memecoin with a more profound purpose than just a contract address.
How does Frencoin avoid common pitfalls in the cryptocurrency space?
This is free of rugpull dynamics, ASIC schemes, and premine antics, which are common pitfalls in the cryptospace. This commitment enhances stability and trust within the ecosystem.