WELCOME TO FARGOCOIN
Fargocoin is an unique blockchain platform designed to increase network security and improves the limitations and functionality of initial cryptocurrencies such as Bitcoin. Fargocoin provides for everyone without huge hashing power get opportunity to earn coins.
Proof of Stake
Proof of Stake is the best alternative solution to the original Proof of Work system that Bitcoin pioneered.
A proof-of-stake system provides increased protection from a malicious attack on the network.
PoS not requiring any additional knowledge to start mining, Just launch your wallet.
NO HARDWARE EXPENSES
PoS not requiring expensive hardware to mine and creating more nodes & connections for everyone to use, thus strengthening the network as a whole.
Since Proof of Stake is less energy, it is seen as a greener way to run a cryptocurrency network.
NO ELECTRICITY EXPENSES
PoS not requiring spending electricity to mine, PoS creates an incentive for all to keep their wallets running 24/7.
WORKS EVERYWHERE, ANYTIME
Just like with email, you don't need to ask your family to use the same software. Just let them stick to their own favorites. They are all compatible as they use the same open technology. The Fargocoin network never sleeps, even on holidays!
SECURITY AND CONTROL
Fargocoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. Fargocoin can give you control over your money and a strong level of protection against many types of fraud.
FAST INTERNATIONAL PAYMENTS
Sending Fargocoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.
Useful Fargocoin websites and resources
Proof-of-stake (PoS) is a method by which Fargocoin blockchain network aim to achieve distributed concensus. PoS asks users to prove ownership of a certain amount of Fargocoins or their "stake" in the currency by staking it in a vault or share.
Proof of stake is a method of securing the network. Through various means.
It is a system that rewards the miners for securing the network. They do this by minting POS blocks. Pos blocks are similar to Pow or proof of work blocks. Except no power hungry mining is required to earn them.
HOW TO START MINING
file in your
wallets root folder.
If your wallet is turned off you won't get reward for mining.