• Freicoin is an easy to use digital complementary currency
• The Freicoin client is a graphical user interface (GUI) designed and optimized to work with the Freicoin network
• Every computer running the Freicoin client is a Freicoin node
• Together, all Freicoin nodes on the Internet form the Freicoin network
• The network is a peer-to-peer-network because every participating node is equal
• The blockchain is shared across all peers in the network
• It contains all information about past transactions and addresses
• An address is a special alphanumerical string used for account identification
• The owner of an account has a secret key to access it
• Several keys can be stored in a single wallet
• A wallet is a file on every computer running the Freicoin client

Why Freicoin?

• Transparent - open protocol & open development
• Decentralized - every node is completely equal
• Independent - nobody owns the network
• Secure - only the owner of a wallet has access to its funds
• Privacy - no personal information is required
• Fair - maintenance costs shared across all accounts
• Simplified - sending money is as easy as sending an email
• Fast - average transaction times of less than 10 minutes
• Cheap - negligible or (ususally) zero transaction costs