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Folm (FLM) is a cryptocurrency designed to provide users with a secure and private way to transact online. It leverages advanced cryptographic technology to ensure the privacy and confidentiality of its users’ transactions. Folm aims to give individuals control over their financial data and enable them to protect their privacy in the digital world.
Folm utilizes the Proof-of-Work (PoW) consensus mechanism, which involves miners solving complex mathematical puzzles to validate transactions and secure the network. The FLM token is the native cryptocurrency of the Folm network and is used for various purposes, including transaction fees, staking, and voting on network upgrades.
Focusing on privacy and security, Folm aims to provide a reliable and decentralized alternative to traditional financial systems. By leveraging blockchain technology, Folm offers users the ability to transact securely and privately without intermediaries or centralized authorities. The Folm network is open-source, allowing developers to contribute to its development and innovation.
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