Rank: 2836

Market Cap
Vol 24h

What is Fuelcoin? It is the first distributed around the world decentralized cryptocurrency. Fuelcoin was created to support the expanding global economy. It is extremely fast with zero payment fees. Based on the Proof of Stake technology, Fuelcoin is energy efficient, reduces risks of centralization and miners receive the transaction fees instead of a block reward. That way everyone is equally rewarded on the network. One of the most critical differences between Bitcoin and Fuelcoin is that Bitcoin uses Proof of Work algorithm, which means miners can create new coins all the time. On the opposite, Fuelcoin has had all the coins pre-mined. Scalability is another massive issue for Bitcoin. To make transactions Bitcoin uses miners and with thousands of users every day, the network becomes slow, and transactions can take up to 48 hours. With Fuelcoin a transaction takes only 3 minutes. The platform is very stable and adaptable.


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