Stability in Blockchains with Cooperation

The race about next Bitcoin has started, and Faircoin is among the frontrunners. A recent analysis of cointelegraph is asking about how to get a new digital currency stable. One approach is to start with a user base for which you would like to provide a service. The digital currency can then act as a crowdfunding tool and is transporting the brand.

Another approach is to be clear on values, such as cooperation. Here they mention FairCoin:

New FairCoin logo decided

It took nearly one year: The Fair.Coop community has been working on refreshing and aligning their visual identity. Many projects have arised, web pages were made and folders printed. However, they were not recognisable as one ecosystem due to a cluttered design.

FairCoins im Kiosk des Kunstmuseum Liechtenstein

Im Kunstmuseum Liechtenstein läuft die Ausstellung "Who Pays?" mit Werken von Joseph Beuys. Lokale Aktuere sind eingeladen, einen Raum zu bespielen, in dem alternatives Wirtschaften gezeigt wird. Da gibt es eine grosse Tauschbörse, einen Kiosk mit mehr oder wenigen unnötigen Dingen und einen Gast-Kiosk als Bühne für Workshops.

Am 23.2.2017 haben Roland Alton und Caroline Pfister den Kiosk als erste Ausgabestelle für FairCoins im "Ländle" ausgestattet. Nachdem Fastnacht ist, sind die Kioskbetreuer ausnahmsweise mit Perücken unterwegs.

Fees in FairCoin2

Minting in FairCoin1

There has been some interesting discussion today on the Telegram group of the CVN operators (copied here, anonymized). We are in the moddle of the testing phase for the FairCoin2 blockchain, which is facilitating a co-operative validation mechanism.

Just spotted that my CVN received 0.0226 Faircoin a couple of days ago!? What's that about?

This is the fee your CVN collected for creating a block that included a transaction. :blush:

I see, thanks.

Holy Transactions now offering FairCoin wallet

HolyTransaction is a provider of online wallets for various blockchain based currencies. They recently added a FairCoin wallet system on its multicurrency wallet.

To make sure users know everything you need about this digital currency, they describe FairCoin in a nice blog post.

We are happy that the number of service providers that integrate FairCoin in their portfolio is steadily rising.

Introducing Schnorr crypto mechanics to FairCoin2

A couple of weeks ago I proposed to use the modern, secure and fast signature scheme EC-Schnorr (= Schnorr over elliptic curve) for the PoC (proof-of-cooperation) system of Faircoin2.

Further information about this scheme can be found here: