MFMCoin
Digitial Money for the Future!
What is MFMCoin?
MFMCOIN is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world.
Wallet Encryption
Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending MFMcoins.
This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Open Source Software
MFMCOIN is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software.
The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
Mining Reward
Miners are currently awarded with 50 new MFMCOIN per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).
The MFMCOIN network is therefore scheduled to produce 105 million MFMcoins, which is 5 times as many currency units as Bitcoin.
The MFMCOIN network is therefore scheduled to produce 105 million MFMcoins, which is 5 times as many currency units as Bitcoin.
MFM stands for Middle Finger Money. This was a fun idea that began as a tongue in cheek view of the cryptocurrency world. MFMCOIN is an open source, global payment network that is fully decentralized without any central authorities. MFMCOIN is based on Litecoin.