FLO and Alexandria in the newshttps://thebitdaily.com/2018/05/04/telegram-says-screw-the-public-bye-bye-ico/https://blockexplorer.com/news/caltech-uses-blockchain-tech-to-share-cell-biology-research-with-public/FLO teamI didn't see the information of the team. Why don't you make it public? The project should be trusted by everyone and should be made public.
There wasn't any ICO, and there's no formal structure behind FLO, all of the contributors are volunteers much like the contributors to Bitcoin and Litecoin. The FLO community and those developing software on FLO are answering questions and comments in our social channels every day:
Telegram: https://t.me/floblockchainTwitter: https://twitter.com/floblockchainThis is very much a community-driven project and support as well as involvement from every member is significant.
FAQ from TelegramGoogs, [03.05.18 19:04]: anyone have a good working pool for Flo?
Joseph, [03.05.18 19:06][In reply to Googs]: Hey Googs, welcome to the FLO chat, check out our forum for more info about pools and mining FLO:
https://forum.flo.cash/t/mining-guide-antminer-l3/36David, [04.05.18 12:36]: whens the next halving event?
Joseph, [04.05.18 12:37][In reply to David]:
http://floblockhalving.com/ approximately 207 days
David, [04.05.18 12:41]: silly question but does inflation work the same for flo as XLM.. can I select an inflation address and get the inflation payout proportionally awarded?
Joseph, [04.05.18 12:43]: There is no inflation in FLO other than the block subsidy (12.5 FLO per block every 40 seconds)
Joseph, [04.05.18 12:44]: Those 12.5 FLO are rewarded to the miner only
David, [04.05.18 12:47]: Florincoin inflation rate per annum: 6.80%
Florincoin inflation rate per annum at next block halving event: 3.20%
Florincoin inflation per day (USD): $3,703
Florincoin inflation until the next block halving event based on current price (USD): $770,070
David, [04.05.18 12:48]: so this info is linked to the miner reward?
Joseph, [04.05.18 12:49]: Yes, that means inflation on the total token supply, not inflation on held tokens
Joseph, [04.05.18 12:49]: FLO is a direct fork of Bitcoin with two changes:
1. floData for blockchain data storage
2. scrypt mining algorithm
Joseph, [04.05.18 12:49]: Also some changes to how fast blocks are, rewards per block, halving schedule, etc
David, [04.05.18 12:55]: Cool. So how are new tokens introduced after all have been mined?
David, [04.05.18 12:55]: i.e inflation on the total supply
Kirill, [04.05.18 12:55]: the total supply is fixed at 160 million
David, [04.05.18 12:56]: so inflation ceases.
Kirill, [04.05.18 12:56]: yeah