Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK
by
xibeijan
on 02/07/2014, 13:46:58 UTC

You are not gonna regret buyin at that price.

FIMK will be really big thing in future!

its just a clone of nxt

Not quite.  A huge fundamental NXT problem is solved by FIM -- NXT has no block reward, but FIM does!!!  This makes a gigantic difference to how things play out and keeps the community highly incentivised.

Overall FIM improves the following.

  • Adds block reward incentive for forging
  • 30 sec block time - makes decentralised asset exchange much faster
  • 0.1 min TX fee - encourages spending with lower TX fees

FIM is a contender and is here to stay.