FairCoin is the monetary base system for FairCoop. We constantly drive development of the FairCoop/FairCoin ecosystem further and shape the individual components to fit our vision: building tools to enable everyone to participate in a fair economy on a global scale.
We decided to create a new version of FairCoin which corrects issues we encountered. The old version of FairCoin relied on PoS (proof-of-stake) which cannot be considered fair, because it confers an advantage on the already rich. Therefore we needed to come up with a new way to secure the network. We call it PoC (proof-of-cooperation). This innovation will finally make FairCoin fair, secure, and sustainable.
More information can be found here: https://fair-coin.org/
Please note: add --disable-tests --disable-bench to the configure options because test and benchmarks are not implemented yet.
For more information about the migration from FairCoin1 to FairCoin2 please see here: https://github.com/faircoin/faircoin/wiki/FairCoin2-migration-FAQ