FlutterCoin to Undergo a Hard Fork

The soft fork of FlutterCoin occured on January 31, and the hard fork is expected to occur of February 7
07 February 2018   750

FlutterCoin team announced that the hard fork will occur on block 1518033600 on February 7 of 2018 at 20:00:00 UTC.

Fluttercoin is a community driven triple hybrid coin and the which aims to offer a secure network through Proof of Work, Proof of Stake, and its own innovative Proof of Transaction.

General specifications of FlutterCoin:

  • Algorithm: Scrypt
  • PoW Supply: Approximately 200,000,000
  • PoS Rate: Minimum proof-of-stake interest rate is 5% per coin year
  • PoS Maturity Time: Minimum 30 days, Maximum 90 days
  • PoT Minimum Transaction Size: 1 FLT
  • PoT Occurence: 80%
  • PoT Rewards: 0.5 FLT/block (5% of the PoW reward)
  • Block Rewards: Static reward 10 FLT

The code of FlutterCoin was completed in release, along with the following updates:

  • Protocol update to 70014
  • Block roll up to nStakeMinAge so that blocks at 30 maturity can be combined up to stakesplitthreshold
  • Reward increase for PoW to 20FLT at block > 1410000
  • Reward decrease for PoS to 5% of block reward

FlutterCoin ChartsFlutterCoin Charts

At the moment of press, these are main market parameters of FlutterCoin:

Average price: $0,004358
Marketcap: $1 901 965
24h volume: $693

Poloniex to Suspend Operations for Few Hours

Representatives of the exchange say users' funds will be completely safe during maintenance
21 February 2019   55

The cryptocurrency exchange Poloniex has announced maintenance, which will begin on February 22 at 22 UTC. The trading platform will be unavailable for several hours.

Representatives of the exchange claim that the users' funds will be completely safe. Technical work associated with the modernization and transition "to the best data centers, which will increase the reliability of the platform and increase uptime."

Also in Poloniex noted that the trade orders of users will not be canceled.

Recall, recently Poloniex has added to the listing of privacy-oriented cryptocurrency Grin.