Bitcoin Forum

https://i.imgur.com/OL2hGQV.png

Folks, today we are proud to present a bright new star on the sky of cryptocurrencies. This is a game changing day for each and every one of you. INTRODUCING FRICTIONLESSCOIN.

★★★ SPECIFICATIONS: INTRODUCING PROOF OF FRICTION

Max Coins: 333.333.666.666 FLC

Algorithm: Proof of Friction. PoF is an entirely new algorithm that was developed by MergeMiner284. For me personally it's a complete breakthrough to have any proof of friction firestarting anywhere in the west. First, there was Proof of Work. Later there was Proof of Stake. PoS is doomed to fail as anyone could clearly say. The proof of magnets not producing forces on their own is similar to the so called proof of friction. Simple fact: there is no such thing as a force! Due to this fact, we are more than proud to introduce our all new, THIRD GENERATION Proof of Friction Algorithm that will enable the network to detect frictions within the userbase to enforce EQUAL AND FAIR DISTRIBUTION OF ALL COINS. No other coin can come close to this. Our system and wallet is 100% new code that was written completely from scratch. Unlike NXT the client features a new wallet.dat technology which enables you to restore your wallet at any time using a specific phrase and your account number. On top of that we work with cutting edge 3 factor authentification.

Distribution Model: The PoF algorithm allows us to benefit of both PoW and PoS. You will be able to mine the coin as well as take part in its initial IPO. Mining is done not in a traditional way but using an all new, state of the art process called "Stacking", which can be done even on mobile phones. To make this as fair as possible we have intensively thought about a distribution model unlike anything ever seen. Users simply have to post Interested in this thread. Once we reach page 40, an entrance fee will have to be paid. All fees are paid with NXT. Every week a list containing all stakeholders will be updated. Stakeholder 1-300 get 6x higher amount of coins due to their interest.


★★★ DEVELOPMENT TEAM
__BCFrictionless, Lead Developer
__MergeMiner284, Creator of PoF
__UltimateGenetics, .NET DEVELOPER
__YellowHuangdi, Support
__Spawnselector, Financial Advisor
__Vla2Vla, Secretary
__JavaWizz, Java Developer
__Mr.X, Cryptography Expert
__Mr.Y, NXT Analysis Expert

Our team consists of developers who have a strong background in both Cryptography and .NET development. Creating a strong revolutionary 3RD gen cryptocurrency was a hard task. We were inspired by NXT, but not happy about every aspect of it.

★★★ PREMINE
We have intensively discussed if and if so, how much premine is FAIR and accepted by the Community. We have decided to premine only 10% of all Coins to maintain longevity and further attract highly experienced and skilled developers to join this revolutionary project. If you think this is too much you have to understand the nature of Proof of Friction which is unlike PoW and PoS. All the coins will remain totally transparent in a public ledger that is included in the Client. 5% of the coins will be available for bounties and giveaways. 4.5% of these coins will be sold for NXT. Anyone can check the balance and where coins go at all times. Only 0.5% of the premine is given as an incentive to the lead developers themselves. This is in the interest of ALL users and very important for the coin to thrive.


OFFICIAL RELEASE DATE: 1ST MARCH 2014

Linux Wallet ---- Check back 4/1, 00:00
MacOSX Wallet ---- Check back 4/1, 00:00
Windows Wallet ---- Check back 4/1, 00:00

Unlike NXT, our SOURCE CODE will be 100% released ON THE DAY of LAUNCH. All developments have been carried out and are being refined. WE WILL POST PICTURES AND MORE DETAILS WEEKLY. Be excited!


You will be able to buy Coins with NXT. NO ADDRESS will be posted before release date. Don't trust anyone with my name or anybody who claims to be me, BCFrictionless

Until RELEASE all you have to do is post your interest to get coins!.

Folks, get ready for the revolution you've all been waiting for.

Sources?

Alright, i'd imagine a project like this would take several months.

But none the less, we will see where this goes.

Just got scammed by someone else using FrictionlessCoin. I sent .05btc and he never been on since

I am really sorry about this. what was the username? we will never scam anyone, this is at best FUD by sock puppets. Please feel free and express your interest! don't let your freedom be taken from you EVER.

I live in that solitude which is painful in youth, but delicious in the years of maturity

Seriously? This is nonsense.

"The proof of magnets not producing forces on their own is similar to the so called proof of friction. "
What the fuck?

"Simple fact: there is no such thing as a force"
What the fuck?

"Algorithm that will enable the network to detect frictions within the userbase."
What the fuck?

The only "THIRD GENERATION" part of this scam is the generation of what the fuck x3 just in the first paragraph

White Paper will be released 2.1.14.

https://bitcointalk.org/index.php?action=profile;u=216521

^ This is the guy who made Frictionless Coin like 2-4 days ago



Thread: https://bitcointalk.org/index.php?topic=423538.0

oh nvm scam....

let's see what 3rd Gen crypto is :D

Sounds to me as another trolling :).

Page 40? expect a lot of spam  :D

Interested! But why we have to pay fees?

wow. what a joke.


You are one of 100 first stakeholders. You pay no fees and get 6x the amount of coins.

NXT Fees will ensure a frictionless userbase and enable the development team to work on FLC full time.

so as long as I am 1st 100 stakeholder who showed interest, we won't need to pay such a fee? I am really interested in this

MMos, You are correct. you are an early adopter / there are no fees for you and you get 6x the amount of FLC.

Thanks for prompt reply, I really look forward to this! =)

Hi, this definitely sounds interesting!
I am looking forward to the white paper and the source code.

Curious where this will take us...

Cheers

Chuck Norris is interested but he can't get out of newbie jail, so he asked me to post "Interested" instead of him.

PS: This is to prove that my statement is legit - http://www.youtube.com/watch?v=isDOShZDqBk

Did I just read 10% premine? o.O

Interested...and willing to offer free graphic/design/promotion help if needed.

Every day a new FuckinguselessCoin ??

And can someone ban this "interested" threads? Great marketing of course, but they ..... nerf!!

BTW: interested  :P

Are you serious?

I honestly can't believe everyone keeps falling for bullshit like this, you guys (developers and co.) seem to think the concept op Nxt. was a bad one yet everything in your opening post suggests you've got an interest in Nxt. yourself. I mean you're planning to sell shares of the IPO by only accepting Nxt. gotte say, smart move on your side. By doing this everyone who's interested in investing in your IPO will have to buy Nxt. coins wich will pump the Nxt. price up by a big margin (increased demand for the coin). And after the IPO your planning to sell 4,5% of the total amount of coins that will ever exist for NXT. driving thr price even further upwards?!

Sorry to say this but you're just someone hoping to get rich quickly by taking an a little smarter route than the avarage coin launcher nowadays.

Just my two cents,
Pow


Oh yeah, and just spotted it's a self-moderated topic so my comment will prolly get deleted soon so if you guys could quote me on this it'd be great.

Spread the name of FC, Emm?

 ???
April, 1st ?
Not kidding me at all.

Really interested, should just have some form of email opt in to keep record of the early adopters

 Bad decision. now everybody wait for another 400 people to join in and be just after 500...

Hmm kind of interested.

Not interested.

By using phrases such as  "enforce EQUAL AND FAIR DISTRIBUTION OF ALL COINS", "staking" you appeal to the greedy lazy leeches ;) Might as well call it a commie coin.

Sorry to take away from the first 40 pages ;)

On the bright side, I wonder what the Friction algorithm looks like. If it ever gets described in detail. The 40 pages of "interested" makes this a wrong thread for this. LOL.

Absolutely no sense of humor here ;) But then, what's with the 8 pages (so far) of "Interested" ?? And all these people with somewhat recognizable handles in the OP? I got duped then, nicely ;)

Not the first fake coin around here, I hear?

I see what you did there.

Friend, are you serious?This is very similar to those of clone NXT project mode.

but,OK,interested  ;D

if its better then nxt,that means we looking at a marketcap that of peercoin

Absolutely nothing to do with NXT, believe me.
See:
https://bitcointalk.org/index.php?topic=424724.0
for more (not self-modded) Frictionless fun !
Come on over, u'll like it.

interesting. but Nxt is much more interesting

Interested.

Can I use FrictionlessCoin on my car? It would save me a lot of money in gas  8)

Interested!

Also: I like the way that 6 out of the last 10 accounts are (apparently) "mining Leprocoin" (but didn't even set their address in the signature). Life doesn't get fairer than this!