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Franko information


Franko

Franko is an opensource distributed autonomous corporation built on top of a blockchain assisted payment network that maintains, secures and audits all corporate shares securely and transparently. A Distributed Autonomous Corporation New corporate shares are issued out automatically by the corporation without need for human interference to anyone who can provide proof that an important task has been successfully completed on behalf of the DAC. The major benefit of using a distributed model as opposed to a legacy centralized model is the added fault tolerance. This means there is no central point of failure and consensus is reached by a majority vote rather than an autocratic one.

  • Website: Franko
  • Algorithm: Scrypt
  • Maximum Supply: 11,2 million total coins.
  • Block Reward: 0.25 coins
  • Block Count: 1,616,214
  • Re-target every 720 block(s) .
  • Block Time: 30.00 second(s)
  • Launch Date: June 08, 2014



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