1 |
Permissionless |
Fundamental to the ethos of cryptocurrency, ensuring open access to all. |
2 |
Trustless |
Essential for security and the decentralized nature of crypto.
|
3 |
Transparent |
Key for accountability and trust in the system. |
4 |
Immutable |
Critical for the integrity and reliability of the blockchain. |
| 5 |
Non-Custodial |
Empowers users with full control over their assets. |
| 6 |
No counterparty risk |
Enhances security and independence from intermediaries. |
| 7 |
On-chain |
Ensures data integrity and decentralized verification. |
| 8 |
No centralization |
Fundamental for maintaining a decentralized network. |
| 9 |
No initial supply / Starts with 0 supply |
Ensures fair distribution and decentralization from the outset. |
| 10 |
No team allocation |
Prevents centralization and potential manipulation. |
| 11 |
No pre-mint |
Supports the ethos of fair and decentralized distribution. |
| 12 |
No admin keys / No OA |
Eliminates central control and potential abuse.
|
| 13 |
Lowest barriers to entry possible |
Essential for inclusivity and widespread adoption. |
| 14 |
Transactional friendly |
Important for user experience and practical use. |
| 15 |
Easy to participate |
Encourages broader involvement and adoption. |
| 16 |
Accelerates crypto adoption |
Supports the growth and mainstream acceptance of cryptocurrency. |
| 17 |
Free mint |
Encourages participation but might be less critical than core blockchain principles. |
What is First Principles
2024 May 15 See all postsWhat is First Principles
What is FPOC?
FPOC stands for First Principles of Crypto, a concept that encapsulates the essential ideas and values at the heart of the cryptocurrency revolution. In a world brimming with complex technologies and ever-evolving financial landscapes, FPOC serves as your compass, guiding you through the fundamental concepts that drive this innovative ecosystem.
Yes You Can.