Firo Token

Here's the new plan for block reward distribution and Firo token issuance. Read this article to find out more!

Block Reward Distribution and Firo Token Emission 

<img src="https://static.bittime.com/cms-static/upload/Here_s_New_Plan_of_Block_Reward_Distribution_and_Firo_Token_Emission_fb79fe8b0e.webp" alt="Firo Token" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=airdrop&amp;cn=400005">Bittime</a> - Firo confirmed new plans for token emission and block reward distribution. This plan was finalized through a community governance process and includes several changes.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">New Firo Block Reward Distribution&nbsp;</h2>One change; The biggest thing in Firo's new plan is block reward distribution. Block reward distribution will be allocated as follows:&nbsp;<ul style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">70% for masternodes</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">5% for miners</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">15% for the development team</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">10% for the community</li></ul>With a large allocation to masternodes, Firo wants to provide better incentives for users who support and secure the network.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/tren-negatif-pasar-kripto-setiap-bulan-september">Negative Crypto Market Trend Every September, Will It Happen This Year?</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Firo Token Emission</h2>In addition to block reward distribution, Firo also introduces new token emissions. Until the total supply reaches 21.4 million FIRO, there will be fixed emissions of 6.25 FIRO per block.&nbsp;Once this supply amount is reached, there will be a further emission of 1 FIRO per block. These advanced emissions are designed to ensure that there is always a stable security subsidy for the network.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/reward/dogsairdrop?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/airdrop_dogs_bittime_14f57ae441.webp" alt="airdrop dogs bittime.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Impact of Firo Changes</h2>These changes have a major impact in providing better incentives for masternodes over the next 4 years. With a 70% block reward allocation, masternodes will have an important role in the Firo network.Although miners will get a smaller share of rewards, the PoW/masternode hybrid consensus mechanism will still be maintained, keeping the Firo network protected from cyberattacks.&nbsp;Once the initial supply of 21.4 million FIRO is reached, subsequent emissions of 1 FIRO per block will ensure that network security remains stable, without excessive inflation or significant deflation.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/pavel-durov-ditahan-di-prancis-rusia-beri-peringatan-keras">Pavel Durov Detained in France, Russia Gives Strong Warning!</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=airdrop&amp;cn=400005">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=airdrop&amp;cn=400005"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=airdrop&amp;cn=400005"> Solana (SUN)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

Here’s New Plan of Block Reward Distribution and Firo Token Emission