In August 2018, the project team decided to change the algorithm (Phi1612, PoW and Masternodes) and make a swap of blockchain. This page is for history only.
Please visit the Fonero website to find out more.Cryptunit uses data provided by CoinGecko
The main advantage of Fonero is the use of Ring Confidential Transactions (RingCT) for all transactions. Fonero is the ultimate confidentiality for the transfer of money and information. It aimed on full decentralisation in the system of transferring of digital assets. Fonero is not only a crypto currency, it is a decentralised digital system. Fonero is based on CryptoNote technology and uses a unique encrypted data transfer system that works on the basis of the blockchain.