Category: Recently Added Whitepapers

FairCoin is the monetary base system for FairCoop – The Earth Cooperative for a Fair Economy. At FairCoop we develop tools and transfer knowledge that enable everybody to participate in a fair global economy. FairCoin plays a central role within the FairCoop ecosystem and is constantly being developed to further our values. Version 1 of the FairCoin wallet software which was used from 2014 until 2016 relied on mining and minting technology to secure the block chain. Our objection is that neither mining nor minting can truly be considered fair, because both confer an advantage on the already rich. Therefore we decided to create a new version of FairCoin which corrects these issues.

With FairCoin version 2 we create block chain-based software that is fair, secure, resources-saving and decentralised. It is based on cooperation and not on competition, which creates better efficiency.

The code-base of the Bitcoin core client in version 0.12 served as the starting point. This enables us to benefit from the latest developments made by the dedicated Bitcoin developers. Furthermore, the comprehensive infrastructure that already exists around Bitcoin can be adopted for FairCoin with minimal effort

Abstract

Abstract.
Ixcoin is a peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double spending. Like in in the case of Bitcoin, we propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions are similarly hashed into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The main difference is the environment friendly approach, called merge mining. Ixcoin is natively designed to be anonymous as well as bitcoin, but with the aim to become, once the technology will allow it, biometrically attached to a person or a group of people. In order to maintain its decentralised state, Ixcoin project will encourage the participation of single users in becoming a node of the network

Ixcoin Website
Ixcoin Whitepaper

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