- Personally, as the founder, I chose Fennec as our name because I really like the Fennec Fox. I found it to be a cute, meme worthy animal… but I knew that I would also want to take this project fairly seriously. Because of this, we made the logo a bit cleaner than your typical meme coin cartoon animal logo.
- Fennec Foxes are also known to be very versatile, hardy, and well-adapted to their environment, which is ultimately the aspiration of the Fennec community.

- Most tickers are simply an abbreviation of the name, and commonly remove the vowels. We simply removed the two e’s, and made our ticker “FNNC”.

- POW coins tend to get more adoption, have more network security, and also incentivize more decentralization than POS or Masternode coins. We did have a considerable premine, but there is another portion of the website that discusses why we did this. Please see the “Premine” section in the Specs section of our site

- Our coding developer prefers using these specific Rpc and P2p ports.

- A 1MB block size would help a bit with decentralization, but because we are also prioritizing fast transaction speeds, we decided to go with a 4MB block size. After the SegWit Bitcoin soft fork, Bitcoin also adopted the 4MB block size.

At Fennec, we wanted our coin to be able to handle a decent amount of transactions, despite being a Bitcoin fork. We are proud to say we have the standard of achieving approximately 26 TPS!

- Because we were able to customize our block time speed, we decided to go with 2.5 minutes instead of keeping a 10 minute block time like Bitcoin. It is our aim to be a more effective blockchain where we can be, and we believe that Litecoin’s decision to adjust block time to 2.5 minutes was ultimately a good decision.

- We have ¼ the block time speed as Bitcoin, so we had to adjust our block rewards. When Bitcoin launched, 7200 coins were released per day (this is before any halvings had occurred). We decided to reduce block rewards, by having a 30% premine. The inflation of the circulating supply would be overwhelming for the first several years if we did not have a premine and if we did not have a reduction of block rewards.

- It was Fennec’s goal to have the same total supply as Bitcoin, and we were able to achieve this goal. It keeps our coin supply in a healthy perspective, unlike the typical smart contract meme tokens with billions or trillions of tokens.

- Our halving time is considerably longer than Bitcoin’s, and this is because we reduced the initial block rewards. Reducing the initial block rewards provides our early community with a generally stable project. Without excessive coin supply inflation, initial investors have an opportunity to spread awareness of the Fennec blockchain, and continue to adopt it without having a major liability (excessive mining or rapid circulating supply inflation).

- The premine was a decision that was very difficult for Fennec to make. While there are projects out there that do not have a premine, most of the time they do not have any sort of sacrifice phase or initial peer-to-peer sales either, so their treasuries are limited. In our case, the treasury will be secured in a Gnosis safe, a multi-signature safe, so every transaction that is proposed has to be cosigned by a select portion of the internal team. This will ultimately make the treasury very secure, and prevent any individual from executing any sort of exploit toward the funds. The gnosis safe platform is very secure as well.
- If we did a 10% premine, our circulating supply inflation rate would be approximately 62.511% (annually) with the current block rewards, and with a 30% premine, our circulating supply inflation rate is approximately 28.857% (annually). This is a drastic difference, and it is our belief that excessive annual circulating supply inflation is generally a bad thing for any project.

- Because mining may be inconsistent at the beginning of our launch, we set the difficulty readjustment time to each block so that changes in our hash rate do not drastically affect block reward distribution for a very long period of time. In fact, we aimed to reduce this period of instability to be the shortest duration possible.

- While we are a Bitcoin fork, changing our algorithm from SHA-256 to YescryptR16 differentiates us from Bitcoin considerably. YescryptR16 is a GPU and CPU compatible algorithm, and we decided to go with it because SHA-256 is a very dangerous algorithm for new, smaller projects to utilize. There are a plethora of Bitcoin mining farms that could execute a 51% attack on our network at the push of a button if large mining farms ever felt inclined to overload our network. It would truly be a catastrophic mistake to choose an algorithm that has such an incredibly high hash power supply available.
- YescryptR16 allows people with GPU mining rigs to mine Fennec, and there are many former Ethereum miners looking for a new blockchain to configure their machines to validate transactions for.