White paper

FLORIJNCOIN | FLRN WHITE PAPER

The Florijncoin | FLRN White paper is a dynamic document and can be adapted to the latest state of affairs in the event of all changes.

  • Introduction

Florijncoin (ticker FLRN) is a cryptocurrency with a total circulation of 620 million FLRN. Florijncoin aims to give the user power back over his or her assets and no longer have to depend on slow and expensive intermediaries or agencies. Florijncoin | FLRN is only a payment coin and we did not do an ICO!!! But only paid ourselves for the whole X11 Algorithm V014.0.5 Blockchain, pool, block explorer, and masternode development.

Florijncoin works via a digital and decentralized X11 algorithm blockchain network and therefore has no single point of failure. The Florijncoin X11 algorithm ASIC mineable blockchain uses the X11 algorithm with ASIC miners, which was once designed by Dash’s lead developer, Evan Duffield. We can say that Florijncoin is a “fork” of Dash, our Florijncoin | FLRN development team has further developed this fork and made it its own superfast payment coin. Various functions such as; safety, super speed, and the best reliability have been preserved from the original Dash blockchain but improved with a network of masternodes that checking our blockchain and security against a 51% attack.

  • Target group

Florijncoin is a cryptocurrency for superfast and will therefore focus globally on payments for all consumers and entrepreneurs. The Florijncoin platform is very user-friendly, allowing everyone from young to old to use this new and safe method for payment, saving. The Florijncoin | FLRN will be introduced for 1 euro when listed on the first regulated CMC exchange, but nobody can claim any price rights, because only the market will decide when listed at the exchanges what the market value will be, on the exchanges Florijncoin | FLRN will get its real value by supply and demand to reside by all users, buyers, and sellers. Its blockchain is only made as a superfast payment and savings coin.

  • Laws and regulations

Regarding laws and regulations, Florijncoin adheres to the European guidelines for cryptocurrency. Even if changes are made to these guidelines, Florijncoin | FLRN will adjust accordingly.

  • Operation of the Florijncoin network

Florijncoin uses the “Proof of Work” system in combination with masternodes. This allows the Florijncoin X11 ASIC minable blockchain network to reach an agreement on the status of all transactions recorded on the blockchain and to prevent certain attacks on the network. The additional introduction of master nodes also makes a 51% attack virtually impossible, making the Florijncoin network safe and reliable even with a lower hash rate.

  • FlorijnPay

FlorijnPay is a Florijncoin project to bring entrepreneurs and customers together through payments via the blockchain. Florijncoin is developing a POS system that the entrepreneur can implement in his or her case and in this way can easily serve customers with payments in Florijncoin and other cryptocurrencies. This method of payment is practically free, super-fast, secure, and without the intervention of a bank or other agency. Florijncoin has found the best partner they can find called; ELLIPAL for save secure mobile wallets, cold wallets, letterbox, and POS (point of sale) we are also busy with a partnership at SecuX.

  • Vision

Together with the European community, we hope to achieve better financial services for all consumers and entrepreneurs within Europe and even globally. One that is fair, transparent, and cheaper than traditional financial services and where the power over the assets lies entirely with the end-user. We are aware that this may be a long and arduous process, but we are convinced that the transition to cryptocurrency will definitely take place and that Florijncoin will play an important role in this for the European market. Cryptocurrency is indispensable in today’s society and will eventually take over the role of traditional currency. The question is not whether a cryptocurrency will take over this role, but when. If we can sell enough volume, we can bring more value to the crypto space with Florijncoin | FLRN. Our team is doing everything it can, to reach the best regulated CMC exchanges!

  • Cryptocurrency exchanges

Until cryptocurrency becomes the new standard, it is important to be able to continue to do business with instances that are not yet ready. For this, it must be possible to exchange Florijncoin | FLRN for another coin or even fiat. This is facilitated by third-party cryptocurrency exchanges. The Florijncoin team is trying to get FLRN on the best exchanges to ensures that this opportunity will come and stay, we can at this moment not tell when this will be but we are looking for the right partners to make it possible. NOTE: Buying Florijncoin | FLRN before it’s listed at the third-party exchanges is 100% your own risk, you can invest do to help us grow our Blockchain and team and make it possible that we can find the right partners. Mining: You can mine Florijncoin | FLRN with an X11 miner or stake them with a master node with 10.000 FLRN. But remember there is at this moment, not a real exchangeable value until Florijncoin | FLRN is listed on the third-party exchanges, to buy, sell or trade them there.  NOTE: Buying a new cryptocurrency like Florijncoin | FLRN that is not yet on a third-party exchange is a high buyer’s risk.  Cryptocurrency can rise in price or decrease in price when listed on an exchange by supply and demand.

  • Pool and Block ExploreFlorijncoin | FLRN is minable with an ASIC X11 algorithm miner on the Florijncoin | FLRN mining pool via after contacting and doing a KYV at our pool master email:  vvlien@ecrypty.com see Google for all miners lie Bitmain D3, StrongU, Spondoolies, Ibelink, Innosilicum, and all transactions can be tracked on the Florijncoin | FLRN Block Explorer see:  http://inspector.flrn.pro:8080/
  • NOTE: More risks

Important Until Florijncoin | FLRN is listed at the third-party the value of Florijncoin is ZERO or €0,- because only listed at the third-party Coin Market Cap (CMC) exchanges it will. Our development team will never buy the coins back, so when you win or get them for marketing sharing or mine them on the mining pool or with a master node you can only hodl them until listed and they get a real market value by supply and dement on the third-party Coin Market Cap (CMC) exchanges, Cryptocurrency Investing can have a place in your portfolio, but only after you have done your proper homework and evaluated the benefits and all the risks that you want to take by buying crypto. Here are some of the pros and cons of adding cryptocurrency to your investment portfolio. Adding cryptocurrency to an investment portfolio aids diversification in several ways. In the past, the value of Bitcoin, Ethereum, Litecoin, and other popular cryptocurrencies tended to rise when stocks were falling. If that trend continues, cryptocurrency could be a hedge in the next bear market. The sheer number of cryptocurrencies also provides diversification, another important consideration for investors. Instead of investing a large chunk of money in a single cryptocurrency, investors can spread the risk around by taking small positions in a wide variety of virtual forms of payment. Cryptocurrency investments are not like stocks, bonds, and mutual funds, and the security situation is one potential disadvantage. New investors are often surprised to learn that they could see their holdings disappear if hackers gain access to their accounts, and unlike other investments, there is typically no way to get the money back. Always be safe and use a cold wallet like the Ellipal cold wallet. For more information contact development info@ecrypty.com

The lack of security is a major concern for cryptocurrency investors, and there are only so many ways to hedge those risks. Some cryptocurrency investors choose to hold their coins in so-called cold storage, isolating their investments from the internet and the associated risks. But if those investors lose the access keys, their virtual coins are probably gone forever. It is important for investors to be aware of, and be prepared for, the unique security risks of the cryptocurrency market.

In addition to the risk of forming a bubble, the Dutch AFM and other European regulators, also points out other risks when investing in virtual currencies:

The virtual currency currently falls outside the supervision of the Dutch AFM and DNB and other European regulators. The rates of virtual currencies can fluctuate dozens or even hundreds of percent per day. In addition, there is a real risk that the value of a virtual currency may permanently fall to zero, and then you have lost your money. Virtual currencies are vulnerable to cybercrime. It is possible that others get access to your wallet through a hack, which means you can lose your virtual currency. If you lose the password from your digital wallet, it is no longer accessible in any way. This means that you have lost your investment forever. Many virtual currencies have little trade. This makes them vulnerable to price manipulation, for example by artificially inflating the price. The large increase in popularity can attract providers with fraudulent intentions. For example, you can become a victim of a pyramid scheme with virtual currency. This allows you to lose your invested money

What are cryptocurrencies? See this link: https://www.imf.org/external/pubs/ft/fandd/2018/06/what-are-cryptocurrencies-like-bitcoin/basics.htm

– Because of Dutch regulations Florijncoin | FLRN will only be sold when listed at the third-party Coin Market Cap (CMC) exchanges where Florijncoin also will get its official value by supply and demand.
– The Dutch AFM advises consumers who want to invest in virtual currencies in order to immerse themselves well in the product.
– Be aware of the risks and costs, spread your investments, and never invest more money than you can miss.
– The Dutch AFM is committed to fair and transparent financial markets.
– As an independent supervisory supervisor, we contribute to sustainable financial well-being in the Netherlands.
– All content set out within this website, its white paper and other related documents are subject to change.
– More information about investing can be found on the Florijncoin | FLRN website and at the AFM’s consumer website.

see our Florijncoin | FLRN Disclaimer: https://www.florijncoin.com/disclaimer/   and the AFM warning   https://www.afm.nl/nl-nl/nieuws/2017/juni/virtuele-valuta

  • Security

At Florijncoin, the power of the assets lies entirely with the end-user. This also means that the responsibility for this lies with the end-user. Because online wallets and exchanges are not the best way to store Florijncoin in the context of security, Florijncoin offers various options to safeguard its assets: saving Florijncoin or storing it on an “Ellipal cold wallet”. The “Ellipal cold wallet” www.ellipal.com offers the most security because this cold wallet can be repaired in the event of loss, theft, or defect so that you can regain access to your assets. See also the mobile Ellipal wallet in the Apple or Google Play Store search on ELLIPAL. If security is an issue, one can read up on Florijncoin | FLRN pseudorandom functionality which makes a 51% attack or double confirmation impossible as the governance is continuously changing, and checked by masternodes, meaning no bad actors can collude to break the system, also the mining pool has a (KYC). know you customer build on the pool so that we are always knowing who is mining the Florijncoin. When someone breaches our security with data hacking we will always report this crime to the local autorithýs and privacy agencies..

  • Disclaimer

Florijncoin which is stored in your own Florijncoin wallet is solely and entirely under your own responsibility, you manage your own “wallet” and “private keys”, take care of it. The Florijncoin team will never be liable and cannot help you to repair your wallet if you delete it, damage it, or lose it. Always ensure safe storage. Our advice in this is an Ellipal cold wallet see IOS and ANDROID App in the Apple or Google Play store, buy also a titanium letterbox for the storage of your private keys. #notyourkeysnotyourcrypto

Tax and Competent authorities there is a real risk in the cryptocurrency market, including the dangers posed by future taxation and additional regulation. The tax agencies have already taken notice, and the tax agencies are going after large holders of Bitcoin and other popular cryptocurrencies. Investors who think they can fly under the radar and enjoy anonymity in their cryptocurrency holdings could be in for a rude awakening. If you plan to play in this arena, you should be prepared to pay up in the form of taxes. The risk of additional regulation is another potential headwind in the cryptocurrency market and one that all investors should be prepared for. A number of countries have already introduced significant trading restrictions and other regulations, and those existing rules could be just the tip of the iceberg. If additional regulation comes to pass, the attractiveness of cryptocurrency investments could diminish greatly. There is more to investing than just stocks and bonds, and adding other asset classes to your portfolio could have some significant advantages. Even so, cryptocurrency investments are not for the faint of heart, and newcomers may want to tread carefully before jumping in and do research. Powered by The Florijncoin | FLRN Community.

  • Owned and maintained by the Ecrypty Group B.V. Dutch chamber of commerce number: 57772320

We are of course always obliged to hand over your data to the competent authorities in the event of fraud and/or in the event of an investigation by the police, judicial authorities or tax authorities, etc. We will also be obliged to always report all illegal activities, such as offering us ” dirty money”, to the relevant authorities. Security and better financial services are what we stand for. Florijncoin | FLRN will be only for sale at a regulated CMC exchange that will also do the KYC & AML check-up, you are only allowed to buy a maximum that is given to you on the exchange.

Florijncoin | FLRN is privately developed and financed by:

Ecrypty Group B.V.
PO-box 6040
5600 HA Eindhoven
The Netherlands

Chamber of commerce no.: 57772320
Rin’s no. 852729972
Credit safe no. NL03409637
BBIO trademark no. 1030127

Only Regulated by the Law of the Netherlands the court region te S’-Hertogenbosch