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What is a FASITO

The FAircoin SIgnature TOken is a small hardware device of dedicated wallets connected to a full node wallet via a USB cable. A FASITO may serve as a private key storage and for chain signature creation for CVNs and chain admins. The TEENSY board needs a special firmware and we initialize it with a six-digit PIN and put three public keys from device admins on it, who could unlock it, if it is locked by entering the wrong password PIN when logging into the wallet. We also put a device private key on the FASITO for authorization requests. The firmware is certainly open source and the FairCoin developers offer to CVN operators delivering it pre-seeded. All keys are generated with an initialisation sequence by the CVN operator himself/herself.