FairCoin

FairCoin is based on an innovative blockchain technology, which has been changed in July 2017 from a 'Proof-of-Stake' protocol to a 'Proof-of-Cooperation' (PoC) mechanism. Our currency not only requires less energy and enables faster transactions, but also introduces a certain level of trust and democratic values even on the technical level. Here you find the White Paper and more information about PoC and our FairChains project.

With the support of FairCoop, FairCoin implements fair value exchange on a global level. Our innovative Proof-of-Cooperation (PoC) blockchain mechanism is the unique consensus algorithm developed for FairCoin. It requires much less energy than other blockchains but also enables faster transactions. We are proud that FairCoin now is the the most ecological and resilient cryptocurrency.

Ecological
Very low power consumption for transaction control

Safe
Cooperatively validated nodes (CVNs, see FAQs)

Fast
Transaction visible in seconds,
confirmation max 3 minutes

Ethical
Supports fair business values

Strong
Strong and growing support from cooperatives worldwide

Controlled growth
Official price is 1 FAIR = 1,20 Euro (see our 'slow' price adoption strategy)

Vibrant
Strong community with daily online collaboration & regular local node meetings

Visit FairCoop's marketplace to
buy goods with FairCoin online
with joint delivery service.

FairMarket

Map of FairCoin nodes
and merchants in
several countries worldwide.

Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin.
Litecoin has significantly reduced transaction times by limiting the target block processing time to 2.5 minutes. It also has a total coin supply that is 4 times larger, and utilizes a different hashing algorithm called Scrypt, that requires a smaller workload and less computation power than Bitcoin's SHA-256 algorithm. This enables much faster transactions at a much lower cost to users. These features make Litecoin easier to use and to mine. Since its creation, Litecoin has gained a large market cap and widespread adoption among cryptocurrency users in need of a coin for everyday transactions.

Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE.
Peercoin’s PoS consensus mechanism is now widely used in the blockchain space, and allows every network participant to be both a miner or an owner. The project is focused on creating a cryptocurrency platform that will be stable, secure, energy efficient, and distributed fairly.