Freicoin: Difference between revisions
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Created page with "[http://www.freicoin.org/ Freicoin] is "Bitcoin with [http://en.wikipedia.org/wiki/Demurrage demurrage]". It is an alt chain with the design goal that holders of the coin wil..." |
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The major issue with Freicoin is that of incentives - why would someone choose to hold a Freicoin and incur demurrage, where he can just hold Bitcoin instead? | The major issue with Freicoin is that of incentives - why would someone choose to hold a Freicoin and incur demurrage, where he can just hold Bitcoin instead? | ||
== Links == | |||
* [http://freico.in/about/ About page] | |||
* [http://p2pfoundation.net/Freicoin Fericoin entry on the P2P Foundation wiki] | |||
[[Category:Alternative cryptocurrencies]] | [[Category:Alternative cryptocurrencies]] | ||
Revision as of 07:27, 29 December 2012
Freicoin is "Bitcoin with demurrage".
It is an alt chain with the design goal that holders of the coin will have negative interest rates, as a means to redistribute wealth from rich people to poor people. Fees are taken for holding coins and distributed to miners.
The major issue with Freicoin is that of incentives - why would someone choose to hold a Freicoin and incur demurrage, where he can just hold Bitcoin instead?