Made changes to ch09.asciidoc

10 years ago · 2d422e5d84
parent 18aebc15ea
commit 2d422e5d84
1 changed files with 4 additions and 4 deletions
--- a/ch09.asciidoc
+++ b/ch09.asciidoc
@ -132,12 +132,12 @@ In this chapter, we will concentrate primarily on the technical characteristics

 * Block generation time: 60 seconds
 * Total currency: 100,000,000,000 (100 billion) Doge by 2015
-* Consensus algorithm: scrypt Proof-Of-Work
-* Market capitalization: $12 million USD in mid-2014
+* Consensus algorithm: Scrypt proof of work
+* Market capitalization: $12 million in mid-2014

-*Freicoin*
+===== Freicoin

-((("Freicoin")))Freicoin was introduced in July 2012. It is a((("demurrage currency"))) _demurrage currency_, meaning that it has a negative interest rate for stored value. Value stored in Freicoin is assessed a 4.5% APR fee, to encourage consumption and discourage hoarding of money. Freicoin is notable in that it implements a monetary policy that is the exact opposite of Bitcoin's deflationary policy. Freicoin has not seen success as a currency, but is an interesting example of the variety of monetary policies that can be expressed by alt-coins.
+((("Freicoin")))Freicoin was introduced in July 2012. It is a((("demurrage currency"))) _demurrage currency_, meaning it has a negative interest rate for stored value. Value stored in Freicoin is assessed a 4.5% APR fee, to encourage consumption and discourage hoarding of money. Freicoin is notable in that it implements a monetary policy that is the exact opposite of Bitcoin's deflationary policy. Freicoin has not seen success as a currency, but is an interesting example of the variety of monetary policies that can be expressed by alt-coins.

 * Block generation: 10 minutes
 * Total currency: 100 million coins by 2140