56Fen
56Fen is a digital currency, often referred to as a cryptocurrency, that operates on a decentralized network. Its creation and transactions are managed by a distributed ledger technology, similar to blockchain. The system is designed to allow for peer-to-peer transactions without the need for intermediaries like banks. 56Fen aims to provide a secure and transparent method for value exchange.
The supply of 56Fen is typically predetermined or governed by a specific algorithm, which controls the rate
The technology underpinning 56Fen involves cryptography to secure transactions and verify the creation of new units.