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Folm Network

Folm Network (FLM)

$ 0.01
1.5 %
Main info
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Comments
Markets
Analytics
Market cap
$307.28K
1.5 %
Volume (24h)
$873.9K
1.5 %
Circulating supply
569,756,146 FLM
Total supply
556,461,672 FLM
Max. supply
1,000,000,000 FLM

About Folm Network

FOLM is an open source and decentralized digital cryptocurrency based on blockchain. Anyone can setup their own servers and be a part of FOLM network.Folm Coin is also electric and resource friendly digital currency, based on the “Masternode” approval system and using the “PHI1612 Crypto Algorithm”.When designing the Folm coin we tried to purge the mining revenues from the roads that require excessive resource consumption, both in terms of the safe and fast currency that will lead to shortages in the crypto money market and bringing a different perspective to mining.

Key data

updated $0
Market cap$307.28K
Volume 24h$873.9K
Circulating supply569.76M57% of max 1B
All-time high$1.59-99% from peak · 2020-09-27

Folm Network (ticker FLM) is a Proof-of-Work cryptocurrency with a fixed maximum supply of 1,000,000,000 coins. In simple terms, it's a decentralized digital currency where new coins are created through mining — computers solving cryptographic puzzles — rather than being issued by any central authority. Its official home on the web is https://folm.io/.

Frequently asked questions

What is Folm Network and how is it different from Bitcoin?

Folm Network (FLM) is a standalone Proof-of-Work cryptocurrency, meaning it runs its own blockchain rather than being a token on someone else's network. Like Bitcoin, it relies on miners to secure the network and process transactions, but it's an independent project with its own coin supply rules and community. You can find official details at https://folm.io/.

How does Folm Network's consensus mechanism work?

FLM uses Proof-of-Work (PoW): miners compete to solve a computational puzzle, and whoever finds the solution first gets to add the next block of transactions and receives a block reward. This makes the network resistant to tampering, since rewriting history would require redoing an enormous amount of work. It's the same battle-tested security model pioneered by Bitcoin.

How is the supply of FLM structured?

Folm Network has a hard cap of 1,000,000,000 coins, meaning no more than that can ever exist. New coins enter circulation gradually through mining rewards rather than being pre-issued all at once. A fixed cap is designed to prevent unlimited inflation of the supply over time.

How can I store and use FLM?

As a coin with its own blockchain, FLM needs a wallet that supports the Folm Network — typically the official wallet linked from the project's site at https://folm.io/. You can use it to send and receive coins, hold them long-term, or mine FLM yourself if you have suitable hardware. Always download wallets only from official sources to avoid scams.