The secure, private, decentralized, untraceable cryptocurrency with integrated RingCT technology
Anonymous and instant transactions using RingCT technology
The PoW system that maintains the decentralisation of the system
Effective CPU and GPU mining with protection from ASIC
Fonero is the ultimate confidentiality for the transfer of money and information.
Fonero is a fork of Monero crypto currency. It aimed on full decentralisation in the system of transferring of digital assets.
Fonero is not only a crypto currency, it's a decentralised digital system. Fonero is based on CryptoNote technology and uses a unique encrypted data transfer system that works on the basis of the blockchain. Fonero doesn't have any owners or authorities that control it.
The mining process of Fonero is available for an unlimited range of persons who use GPU and CPU processors, but it's also protected from special mining devices like ASIC.
The main advantage of Fonero is use of Ring Confidential Transactions (RingCT) for all transactions. Also, all the problems and mistakes of Monero developers were taken into account and there are no problems inside the blockchain.
|Algorythm||Proof of Work, CryptoNight|
|Hardfork (mainnet) #1||Wed Nov 08 2017 21:57:42 GMT+0500
- start network
|Hardfork (mainnet) #2||Wed Nov 22 2017 10:33:56 GMT+0500
- increase block size
|Hardfork (mainnet) #3||Wed Apr 10 2018 05:00:00 GMT+0500
- protection from ASIC
|Hardfork (mainnet) #4||Wed Apr 20 2018 05:00:00 GMT+0500
- new algorithm for calculating block difficulties
|Hardfork (testnet)||Wed Nov 08 2017 21:58:03 GMT+0500|
|Maximum number of coins||18,4 million|
|Reward for the block||A smooth changing in the repetition ratio,
- block_reward (block_height) = (2 ^ 64 - 1 - total_supply (block_height - 1)) * 2 ^ -19 * 10 ^ -12
|Block time||120 sec|
|Difficulty||Changes from block to block|
Throughout the time, we will actively promote the coin on Internet, and also try to add it to the new stock exchanges.
At any time we can add new plans in the our Road Map, but we have no permission to cancel or delete anything.
If we have published, then it will be realized.