| 𝗙𝗔𝗡𝗚𝗢 | |
|---|---|
| |
| Fango ( XFG ) | |
| Introduced | Jan 8th 2018 |
| Symbol | ₲ |
| Hash function | CryptoNight var2 (Monero v8) |
| Block time | 8 minutes |
| Block reward | ~1.99 XFG |
| Coin cap | 8M |
| Diff. retarget | Zawy LWMA1 |
| Halvening | smoothly decreasing |
| mintxfee | 0.08 XFG (800k 0rbs) |
| Premine | None |
| Announcement | https://bitcointalk.org/index.php?topic=2712001.0 |
| Website | https://fandom.money |
| Repository | https://github.com/fandomgold |
Fango (XFG) or "Fandom Gold" is an open-source decentralized peer-to-peer network of anonymous money launched by an alias "æjontargaryen" on Jan 8th 2018. It is used to both securely store & transfer monetary wealth privately between individuals utilizing the XFG blockchain.
Originally launched under {Dragonglass} (DRGL), a Game Of Thrones premiere countdown fandom in-&-of itself, the project involved a silent launch of source-code only at time of announcement, distributing approximately 80% of the network's total currency supply to everyone mining the network during the 1.5 years leading up to GOT's 8th and final season premiere date.
The overall network later evolved to an official rebranding of currency (Fango) & ticker (XFG) in conjunction with the US-airing date for HBO's series debut of His Dark Materials. Fango development team was also renamed to Fandom Gold Society during this time.
Currency[edit | edit source]
Fango is based on the CryptoNote protocol which utilizes ring signatures to provide default privacy and obfuscation for each transaction made in the network.
After implementing ring signatures.
Unlike Bitcoin or other psuedo-anonymous cryptocurrencies, Fango sender & receiver addresses and wallet balances are not publicly viewable or traceable on public block explorers. However, participants of each Fango transaction are still able to personally verify and easily prove with validation from any public XFG block explorer (1 , 2) that payment was sent and/or received by using an unique one-time key generated for each transfer called the Transaction-Private-Key. This allows Fango users to verify payments without sacrificing their identity.
Social Economy[edit | edit source]
Currently, the Fango community utilizes multiple Peer-2-Peer tipping systems to monetize the value of our fandom thru the expression of gratitude or appreciation by way of sending money (denominated in XFG) to each other.
