Freedomcoin is a POS public blockchain. Freedomcoin (FREED) describes itself as a cryptocurrency supporting its conservative followers and Patriots.
Freedomcoin's crowdfunding blockchain provides funding and recognition for Patriots utilizing PatriotNodes and PoS mining.
Created by a team of founders as TrumpCoin in 2016, TrumpCoin now named FreedomCoin. FreedomCoin network is powered by a series of worldwide masternodes which we call Patriot Nodes.
These Patriot Nodes are the computational power behind all of FreedomCoin's capabilities.
Patriot Nodes protect and monitor the network via our Proof-of-Stake (POS) system.
Supporters in FreedomCoin from all over the globe are setting up their own Patriot Node or multiple nodes with their holdings of FreedomCoin.
5,000 FreedomCoin is needed to start running a Patriot Node.
Owners can store their FreedomCoin either on their personal computer or on the exchange they purchased them from. By storing coins locally on the provided FreedomCoin wallet with a secure password, they have the opportunity to earn staking rewards or if they set up a Patriot Node, they can receive node rewards.