The Payment Key of the FutureNew Generation CryptoCurrency & Payment Solution
FOLM is an open source and decentralized digital cryptocurrency based on blockchain. Anyone can setup their own servers and be a part of FOLM network. Folm Coin is also resource friendly digital currency, based on the “Masternode” approval system and using the “PHI1612 Crypto Algorithm”.
When planning Folm, we designed a reward system that provides long-term benefits to miners and masternode owners. Through annual increases in the reward structure, masternodes will enjoy higher profits every year, while miners will be encouraged to mine a more efficient, ASIC-resistent, and Nicehash-protected algorithm. Both masternode owners and miners will receive full income from transfers.
|Blocktime||120 seconds (2 minutes)|
|Reward||45 ( 30 POW + 15 MN )|
|Block Confirms for Mined Blocks||49 ( 98 Minutes )|
|Block Confirms for Send/Receive||10 ( 20 minutes )|
|Block Maximum Size||4 MB|
|Maximum coins||23.001.916 (POW) (Included premine)|
|Premine||1.136.956 (5% of POW)|
|Halving||Unique FOLM Supply Method for Every Year (*)|
|Default Port / RPC Port||53656 / 53654|
|Minimum Transaction Fee||0,0001 FLM|