FileBit is a community driven value-transfer & storage based currency. As a community the aim of FileBit is to work towards the creation of innovative applications that will improve the benefits, accessibility and usability of crypto as it adapts to the current world.
What to expect from FileBit? FileBit is to become an exchange commodity that explores all types of mobile integration where applications and ideas can be developed on multiple platforms to provide optimum ease of access & ease of use for alternative value exchange in the emerging tech age. Through innovation, we hope to showcase a different point of view in regards to value exchange as well as value itself.
PoW Algorithm: X15 Anonymous protocol (zerocoin) PoW + PoS hybrid Confirmations for blocks to mature: 60 Re-target difficulty each block PoW Total Blocks: 9400 PoW blocks Total coins: 8,800,000 XF 60 second block time PoW block reward: 936.17 XF Block Fees: 0.8% per address up to 10 addresses (FileBit Reserve) Transaction confirmations: 3 60 confirmations for block to mature POS starts at 1000 block PoS Interest: 2% Transaction Confirmations: 10 No IPO No Premine
