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Fair Byte Coin

v1.3.1.1: Experimental

Coin released on: Fri Jul 18 2014 12:00::00 AM (GMT +03:00) Helsinki

FairByte Coin project is closed due to lack of support.
Official servers will no longer be available.

Block explorer:

Downloads:

Source code Mac OSX Win32

Ubuntu 14.04 Trusty - ppa:devel-w/fairbyte
sudo apt-add-repository ppa:devel-w/fairbyte
sudo apt-get update
sudo apt-get install fairbyte-qt fairbyted

Community:

Pools:

Exchanges:

Coin Information:

  • X13 hash algorithm
  • PoW/PoS independent
  • 6 transaction confirmations
  • Premine: 600K (devs only)
  • No IPO
  • 130 minted block confirmations
  • Total coins will be around 135,000,000.

PoW details:

  • 120 sec PoW block time
  • Diff retarget each block for PoW
  • Superblocks:
    • Every hour there will be a block with 2X normal payment (initial 400 coins)
    • Every 7 hours there will be a block with 5X normal payment (initial 1000 coins)
    • Every 3 days there will be a block with 100X normal payment (initial 20000 coins)
    • Every 30 days there will be a block with 1000X normal payment (initial 200000 coins)
  • PoW Stage 1
    • Block payout halved every 10 days
    • Initial payout: 200 coins per block
    • this stage is over
  • PoW Stage 2
    • Block payout halved every 40 days
    • Initial payout: 200 coins per block
    • Phase valid between blocks 150k and 450k
    • Aprox. date of start: October 6th 2014

PoS details:

  • 60 sec PoS block time
  • diff retarget each block for PoS
  • minimum hold for PoS: 48 hours
  • maximum hold for PoS (over which coin-day no longer accumulated): 120 days
  • Variable PoS payout:
    • 1st year: 50%
    • 2nd year: 25%
    • 3rd year: 13%
    • 4th year: 7%
    • 5th year: 4%
    • and subsequent years: 2%

Copyright © 2017 The Fair Byte Team. All rights reserved.