FuturoCoin Price Chart

Bitcoin and other cryptocurrencies use a distributed network and database system called the blockchain to acquire consensus across all system participants. This approach requires time needed to confirm all pending transactions in the queue to protect against double spend attack. A double spend is the situation where an attacker tries to send a transaction to a merchant and at the same time sends the other one with the same coins to himself. Confirmation time varies across hundreds of cryptocurrencies in Confirmation time varies across hundreds of cryptocurrencies in existence. In Bitcoin it takes 10 minutes on average, but the number of confirmations needed depends on merchant security. It is assumed that to be fully certain one needs to wait up to 6 confirmations which takes an hour. Today’s world of e-commerce undoubtedly can not wait for such a long time with delivering the goods. FuturoCoin is created for resolving this problem and guarantees instant transactions with the constant fees at the competing level.