Tip and purchase anywhere with Fedora Tips coin
Swift, Dependable and Private
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Coming in late September!
Fedora Gold is launching in late September. We will officially join the Bytecoin family, with the creation of the Fedora Gold - the FED coin. Fedora Gold will be based on the CryptoNote protocol and use a highly customised CryptoNight V7 mining algorithm. This is key to our goals of increasing the value and reach of Fedora, enhancing the tech fundamentals and providing a foundation for future development. Existing Tips holders will be AirDropped Fedora Gold at Altilly, Coinexchange and Novaexchange. The new FED coin tech supports the Fedora roadmap use cases that are essential for a state of the art crypto-currency:
We need a technology that supports our roadmap use cases, like privacy, smart contracts and more. New Tips comes with these features out of the box!
Mining should be for everyone, using ordinary machines. After the swap, only personal desktop mining will be possible - no more ASIC
Tips is 98% mined at the end of chain - Action is needed, let's improve Tips at the same time!
Sep 1 - Sep 23: Communication & Marketing of swap, Fedora Community outreach
Sep 24: New Wallets! Win/Mac/Linux versions for new Tips - watch this space for updates!
Late Sep 24 - Mid Oct: AirDrop Fedora Gold at Altilly, Coinexchange & Novaexchange. Off Exchange? Grab the new wallet & swap your Tips manually
Mid Oct: Fedora Gold (FED coin) live & trading across all original exchanges
How do you take part? If your Tips are on exchange - nothing - the AirDrop is automated. If you hold your Tips offline, we will host a swap page here at tipsco.in from Late Sep. You can get the new Fedora Gold wallet to receive your FED coins.
AirDrop Ratio - 50:1 (TIPS:FED)
Algorithm - CryptoNight7 (Tips enhanced version)Mine using your everyday PC with the new Tips algorithm
Before the launch, the project team will premine 20% of the maximum possible supply, or 20 billion Fedora Gold FED coins. This premined amount will be used for a several purposes, to support both the AirDrop and ongoing work:
This leaves 80 billion FED coins un-mined and available to the Fedora community for PC based mining . It is planned that the unused coins that do not get AirDropped be burned one month after the relaunch is complete.
*The 10B coins allocated to the project are broken down by:
The Development funds are to support the current and future costs of building the Fedora roadmap, which up until now have been carried out on a voluntary basis. 80% of the development funds will be placed in ESCROW and will begin to vest Apr 2019, completing this process in Oct 2019.
© The Fedora Tips Project Team