diff --git a/README.md b/README.md index 21916da1..c5632012 100644 --- a/README.md +++ b/README.md @@ -1,8 +1,14 @@ -Fairbrix is an older, more primitive version of Litecoin. +Fairbrix is a direct predecessor to Litecoin, developed by Charlie Lee. - scrypt as a proof of work scheme - 5 minute block targets - 25 coins per block (constant forever) - 2016 blocks (1 week) to retarget difficulty +Fairbrix is the predecessor of Litecoin and the first foray into altcoin + development by Charlie Lee, the future founder of Litecoin. +Abandoned by Charlie Lee in 2013 prior to launching Litecoin, Fairbrix +was re-discovered and revived in late 2023 by a voluntary team of long time crypto enthusiasts. + +This release represents the culmination of their work and the revival of Fairbrix to the modern crypto world. This version (Fairbrix 0.8.3.7beta) is based on Litecoin version 'exp-0.8.3.7-cc' (Coin Control).