MFCoin

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MFCoin is a fork of the popular crypto currency LiteCoin , and at the same time it is a means of payment of the state of Freeland.

General information[edit]

  • Protection mechanism: Proof-of-Work & Proof-of-Labour.
  • Hashing algorithm: scrypt.
  • The time of extraction of a new block: 5 minutes.
  • Reward for the new found block: 50 MFC.
  • Elimination of reward for the found block: every 400.000 blocks.
  • Pre-mining: 10.000.000 MFC (the budget for programmers & IT-specialists and bounty campaigns)
  • Total number of coins: 50.000.000 MFC.

MFCoin as a tool of Freeland[edit]

MFCoin Blockchain is used to record data of citizens and residents of Freeland. At the moment, a smart contract system is being created and perfected on the MFCoin blockchain.

Legal status of MFCoin[edit]

In the legal status of MFC so far no different from other crypto-currencies (Bitcoin, LiteCoin, Etherium, etc.) Legal status of this phenomenon is constantly changing in different countries, but they do not limitate crypto-currencies themselves and its usage. They try to prevent its usage in fraudulent operations and other criminal spheres.

Usage of MFCoin[edit]

To use MFCoin, there are special storage systems, which are described in detail on the page "Ways to store MFCoin"

How can I buy MFCoin?[edit]

At the moment MFC can be exchanged for Bitcoin, Litecoin and Etherium.

If you do not have any crypto-currency on hand, we recommend Local Bitcoins for safe and fast purchase.

You can also use an all-round exchange services. To see the whole list please follow the link

After sending the payment to us send us information on e-mail mfcoin.net@gmail.com about the payment amount, the address with which you sent the crypto currency and the address of your MFC wallet.

Please see the coordinates of our wallets:

  • BTC: 1MLsJ6kcmHudnqda6iFGo7HyYqBFqki4Ld
  • ETH: 0x53a2cc1377ceadaEC70E91C5F9b286a2287b541E
  • LTC: LRw1ERW3jJ678PnRbGZopUZ2ymQTMnQDJk