Cryptocurrency Simplified!


Forkcoin based on hybrid Proof-of-Work and Proof-of-Stake block generation methods with separated target limits. Using ForkCoin, users enable to earn 10% per year by stacking its coin into an address without any movement.

Digital Currency Evolution - Forkcoin

PoW (proof-of-work) algorithm defines the process of applying extensive computer calculations to create a new group of trustless transactions in a blockchain. All computers in the network work to solve a mathematical problem called a hash and the solution is easily verified by the community. The machine that first finds the answer to the problem, hereby proving to blockchain members that it has done a necessary work, gets the right to add a new block to the blockchain.
PoS (Proof of Stake) allows more people to be a part of consensus as they don’t need to buy high-end and expensive equipment. At the same time, it imposes limitations as only users who can afford for coins to lie around unspent have a real chance of getting a reward. PoS algorithm is immune not to all attacks. If a user manages to acquire more than 50% of the cryptocurrency within the system, then it is possible to create an alternate blockchain and to bypass all its security protocols – to double spend and to confirm any malicious actions. Though, the possibility of such an attack is very low.

Get a Detailed Overview Of Forkcoin Hybrid Proof-of-Work and Proof-of-Stake project.

FAQ

Who is the Forkcoin Team?
We are a team of masternode investors, software developers, and crypto enthusiasts who have joined together to make investing in cryptocurrency and masternodes simple, profitable, and secure
What is hybrid PoW+PoS consensus mechanism
From a technical standpoint, the mining process operates by means of inverse hashing; it determines an arbitrary number with a specific length, or a ‘nonce’, by which the difficulty of mining can be regulated, and creates competition in that it rewards only one miner who can find the nonce in the least amount of time.
Where to buy or earn Forkcoin?
You can take part in the Pre-Sale, buy coins from other community members or buy coins directly from the exchange. You can also earn Forkcoin coins through campaigns and bounties offered by the team.

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