
Fluttercoin (Symbol: FLT) is a distributed, open-source digital currency initiated in March 2014. In spite of utilizing a hybrid Proof-of-Work/Proof-of-Stake consensus mechanism, the project has introduced a new mining rewards system named Proof-of-Transaction which should work as an economic stimulus designed to achieve merchants’ acceptance and get the coin circulate in the digital economy. Besides, there are some of the more impressive characteristics incorporated in the custom Fluttercoin wallet such as Flutterspeed (speed up the download of the blockchain on new installations), Fluttershare (share stake rewards with another address), Block Browser (browse the blockchain from within the wallet) and encrypted messaging.