The f(x) ecosystem is fully decentralized. It’s designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization. To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.
FLO is a scrypt based coin with quick transaction processing that introduces a useful new feature called 'transaction comments'. These transaction comments enable FLO to facilitate a number of unique applications and enhancements within the blockchain.