FedoraCoin (or commonly known as TiPS) is a new cryptocurrency that is based on the Tips Fedora meme. It has very strong resemblance to the popular Dogecoin that was also started based on a joke and online Doge meme. As the name goes, FedoraCoin aims to become the official online tipping currency. It has support for Windows, Linux, and Mac wallets. Fedoracoin are a digitally based cryptocurrency similar to other digital currencies such as bitcoin, litecoin and dogecoin. Fedoracoin is a peer-to-peer cryptocurrency, meaning it uses public-key cryptography which operates on a decentralized network of computers. When a user pays with Fedoracoin, they request that a public log of transactions, known as the blockchain, updates itself with the new ownership of the coins. These transactions are securely conducted and verified by this decentralized network of computers across the world. Fedoracoin is based on Dogecoin with parts from StableCoin. This means that it processes transactions more quickly, more fedoracoins will be created, and they can be mined, or created, more efficiently by CPUs and GPUs rather than specialized equipment.
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