FRANKO. The digital currency

What is Franko?

Written by Seiko Chan


Franko is an amazing new digital currency based on cryptography. Franko coins can instantly be sent anywhere in the world over the internet for little to no cost. One Franko is denominated as 1 FRK.

Where do new Franko come from?

Franko releases new currency units into the economy at a predictable rate of 720FRK per day until the network has produced 11,235,813 FRK. New Frankos are created in a process referred to as “mining,” which involves Franko users running software that tries to calculate a complex mathematical solution that increases in difficulty based on the amount of other users trying to caclulate the same solution. One can compare it to finding a needle in a haystack. Whoever finds the needle first, earns 0.25 Frankos, anonounces the find to everyone else and then the process starts all over again. The goal is to find that needle every 30 seconds, so the more people searching for the needle the bigger the haystack becomes. Finding the Franko solution involves an incredible amount of computer processing power, and so users often collectively work together in “pools” in order to find the solution and earn Frankos on a more regular basis.

Where can you get Franko?

There are only two ways to get Franko. The first way to get Franko is by enabling your computer to confirm transactions for the network (“mining”). Confirming transaction blocks often involves an incredible amount of processing power, so users often mine together in “franko pools” in order to process transactions faster and earn Franko on a more regular basis. The second way to get Franko is simply to buy them from someone who already has them. You can earn your first Franko by following the Getting Started guide sponsored by BriefCaseIT:

http://tokyo.briefcaseit.com/GettingStarted/

Where can you spend Franko?

Cryptsy.com – Currency Exchange

Coingas.com – Buy video games with FRK

WorkForCrypto.com – Various people willing to work for Franko

CryptoSexToys – Adult toys

BriefCaseIT.com – Software development

Coins-E.com – Currency exchange

CoinJabber – Website review director

JaysJerky – Beef Jerkey

Copia – Marketplace

Dox Brothers – Private Investigators

Franko Folders – Cancer Research

16BitBet – Gambling

AltDice – Gambling

source: http://www.adviceco.in/2013/11/meet-franko-digital-currency-of-future.html

Current Version: Franko 0.8.5.1

Update by October 15th

Updates:

- added better dnsseeds

- lowered fees from 0.02 to 0.0001

- now using the latest bitcoin protocols

Franko is anonymous internet money that can be instantly transferred to anyone in the world over a secure public peer-to-peer network ran by volunteers .

Important Websites:
http://frankos.org – Main website

http://forum.frankos.org/ – Forum

http://www.reddit.com/r/Franko/ – Reddit

http://franko.freshdesk.com – Franko Helpdesk (please submit support tickets here)
http://www.github.com/franko-org/franko – sourcecode

Buy Sell Trade Frankos

- Exchanges

Cryptsy – https://www.cryptsy.com/markets/view/33

Coins-e – https://www.coins-e.com/exchange/FRK_BTC/

Auto Escro – https://bitcointalk.org/index.php?topic=210389

Koolio’s Escrow – http://www.KoolioEscrow.com

https://docs.google.com/a/frankos.org/spreadsheet/ccc?key=0Av4g8w1tEXqUdFptcHBVdExLODFDYjlCWTFtTUdkQUE#gid=0

- Products and Services

CoinJabber – http://www.coinjabber.com

CoinGas – http://www.coingas.com Buy Steam Game Codes

BriefCaseIT Consultation – http://www.briefcaseit.com SEO | Email Marketing | LinkBuilding | Project Development

Copia Market – http://www.copiamarket.com

FRK LOTO – http://www.copiamarket.com/franko-loto/

FRK Wallet – http://www.copiamarket.com/franko-wallet/

Blackjack – http://cryptoblackjack.kicks-ass.net/index.php?coin_type=20

Beef Jerky! – http://jaysjerkyandgoodies.com/How_To_Order-W3.aspx

Block Chain Explorer
http://frk.cryptocoinexplorer.com/

http://altcha.in/chain/Franko

Official Faucets

http://www.copiamarket.com/franko-faucet/index.php

http://majesti.co/freefrk/

Builds and Source: (they contain source and precompiled wallets)

Windows Binary:
http://frankos.org/downloads/Franko-0.8.5.1-Win32.zip

Ubuntu/Debian Binary:
http://frankos.org/downloads/Franko-0.8.5.1-Linux.zip

Thread with info for Yum repository:

https://bitcointalk.org/index.php?topic=205101.0

Mirror:

https://drive.google.com/folderview?id=0B-W443vRXlxGMXd5dW5Ldm01UzQ&usp=sharing

Stats:

30 second block targets

0.25 block reward

11,235,813 Total coins

difficulty retarget 4x per day

block reward halves every 22471626

Source
https://github.com/franko-org/franko/

Pools

Proportional – http://frk.dencoinpools.com/ All donations go to the FRK Collective to help fund Collective Development.

PPLNS – https://frk.d2.cc/

P2pPool – http://coinminer.net:9777/static/ – UPDATED

PPLNS – http://coinminer.net:8000/frk/

P2pPool – http://next.afraid.org:8111 – UPDATED

PPLNS – http://pool.1nusa.org:8111

PPLNS – Frankopool.com

http://franko.ub3rl33t.com/

http://franko.miningpool.co

http://frk.botpool.net

Nodes

addnode=74.196.48.62

addnode=193.6.148.18

addnode=23.21.69.181

addnode=50.116.22.43

addnode=80.47.34.212:54897

addnode=37.229.117.57:40680

addnode=69.147.229.226:37080

addnode=82.234.193.23:44067

addnode=108.208.35.34:36475

addnode=192.241.216.151:36669

addnode=190.19.238.43:54082

addnode=95.132.133.218:49509

franko.conf

server=1

rpcallowip=127.0.0.1

rpcuser=username

rpcpassword=password

rpcport=7913

Please virus scan the files and report your findings back. Happy mining.

source: https://bitcointalk.org/index.php?topic=202417.0

FRANKO. The digital currency