Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: thefuturecoin on April 10, 2014, 10:30:03 PM



Title: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on April 10, 2014, 10:30:03 PM

Password is "coinreleasetoday" (with no quotations)!
Launch thread here! (https://bitcointalk.org/index.php?topic=592473)
http://gifcountdown.com/america-new_york/1399046400/141414/0f0f0f/aaaaaa/fdfdfd/faedad/true/counter.gif

IPO Investor List (https://docs.google.com/spreadsheet/pub?key=0Am-P0duKerohdFRrVl9hSld4ci1ZNWNwRi15R19yM3c&single=true&gid=0&output=html)
Official IPO Escrow Address [Anon136]: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x
https://bitcointalk.org/index.php?topic=565610.msg6232741#msg6232741

OLD DIRECT INVESTMENT ADDRESS (DO NOT USE): 1EPN1kDQGQKHrxbR6QQmD6JbqNUX1p6TSC
See below for escrow, refund options, translations.
WE ARE NO LONGER ACCEPTING DIRECT INVESTMENTS, ALL INVESTMENTS WILL NOW GO THROUGH ANON136

Update New wallet design! (https://bitcointalk.org/index.php?topic=565610.msg6310884#msg6310884)

https://i.imgur.com/R4e5RIS.png


Logo:
https://i.imgur.com/gYXIVEn.png?1
Website: thefuturecoin.org (incomplete)

Futurecoin is a fundamental change in the design of a typical cryptocurrency. We have adopted a proven model found in many publicly traded corporations across the world in it that our longterm block maturity is designed to simulate the characteristics of graded vesting (http://en.wikipedia.org/wiki/Employee_stock_option#Contract_differences), such that we would create an environment of miners working to improve the coin and thus the coins value, whilst still stalling the desire to immediately dump. The nature of this model also gives rise to a litany of services that would be central to the coin, such as a strong futures market that would mitigate the risk of all investors and miners that hold the coin, and a new pool design for those that need Futurecoin immediately.  

https://i.imgur.com/487x53m.png

Algorithms: Skein, Groestl, SHA256
Block rewards: Starts at 100 kFC (see block schedule below)
3 minute block time, 1 min per algo
nDefaultPort = 10900
nRPCPort = 10901
Proof of Work

IPO: 5 million kFC (5 billion Futurecoin)

Block Schedule (halves every year):
1-526,000 blocks - 100 kFC    -      From 2014-2015
526,000-1,052,000 - 50 kFC    -    From 2015-2016
1,052,000-1,578,000 - 25 kFC    -   From 2016-2017
1,578,000-2,104,000 - 12.5 kFC    -    From 2017-2018
2,104,000-2,630,000 - 6.25 kFC    -    From 2018-2019
2,630,000-∞ - 5 kFC       -    From 2019-∞


https://i.imgur.com/Hn0B0WN.png

https://i.imgur.com/q8h5N6S.png

Dynamic Block Maturity -

The reasoning behind our long block maturity is simply to keep the miners in check. It is to prevent the instant "mine and dump", and give miners a vested interest in the success and stability of the coin. Not only does this give the coin more resilience in the first few weeks of usage, it also reduces risk among those that hold the coin through our futures market.

Similar to "vesting" in a stock option. See http://en.wikipedia.org/wiki/Employee_stock_option#Contract_differences

*IPO and bounty accounts for first 400 blocks.

2 week block maturity: 401-14000 blocks
3 week block maturity: 14001-140001 blocks
4 week block maturity: 140001- ∞ blocks


Example wallet block maturity timer:

https://i.imgur.com/m5nEGXR.png

3 Algorithm Mining -

We are using three different algorithms in order to promote fair mining across a wide user base. Each algorithm uses it’s own independent difficulty, and are mining the same block chain. This means each algorithm has an equal share of blocks found. Futurecoin has a 1 minute block time per algo, such that each algorithm should find a block every 3 minutes.

These 3 algorithms have in part been chosen for maturity. These are not brand new, supportless, algorithms that require any extraordinary setup. Each has released pool software, GPU/CPU/(ASIC) miners, and extensive usage in Groestlcoin, Skeincoin, and indeed, Bitcoin.

Groestl (old GPU/CPU) - Groestl makes wide range of trade-offs between throughput, latency, and power consumption. Because of this, groestl uses less power per hash than other algos.
Due to the less complex hashing, groestl performs well on older GPU’s as well as CPU’s.
http://www.groestl.info/Groestl.pdf

Skein (new GPU/CPU) - Skein is fast (3 times faster than SHA-256) and energy efficient. It combines speed, security, simplicity, and a great deal of flexibility. Furthermore, it’s scalability allows for mining on any device, and only requires 200 bytes of memory for implementation.
http://www.skein-hash.info/about

SHA256 (ASIC) - The original bitcoin hashing algo, mature hashing function with deployed ASIC’s. Included to make coin accessible to ASIC miners as well as GPU/CPU miners.

Why no “cpu only” hashing function? - GPU’s are increasingly becoming general purpose computing processors. Due to the inherently parallelizable nature of PoW schemes creating a “GPU proof” hashing function is counter productive and only benefits those with early access to GPU miners. Furthermore, we believe CPU algorithms are just an invitation for botnet/cloud mining. See Litecoin, Heavycoin, Quark, etc. for examples of failed attempts.

ASIC resistance -
We have decided to forgo the usage of Scrypt, given the impending rise of ASIC’s. Instead, we are falling back to the old roots of SHA256 mixed with the new algorithm’s of Skein and Groestl. Given that SHA256 is the only currently ASIC’able algorithm, they cannot take more than 33% of the blocks found. However, SHA256 miners are still given the opportunity to mine.

We would also like to note that no hashing function is “ASIC proof”. The cost to develop an ASIC for groestl and skein should act as a deterrent until Futurecoin achieves widespread adoption.


kFC -
1 FC is the base unit for Futurecoin; it is indivisible much like one real coin. 1 kFC is thus 1 kilo Futurecoin. This is an attempt is counter unit bias (http://www.ncbi.nlm.nih.gov/pubmed/16771803) that negatively impacts other coins.

1000 Futurecoin is the equivalent of 1 kFC or 1 thousand FC. This should be a more convenient unit to use for larger amounts of Futurecoin.


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

Why an IPO?:

Many users are wary of extremely shady and unregulated IPO's that could run off with all investments at a moments notice. Furthermore, all the coins invested would fall straight into the pockets of the developers, who's motivations are sketchy at best. Lack of escrow, high premine percentage, dubious IPO setup, unfulfilled claims, previous scam coins (most noticably Stackcoin). All of these factors give IPO's bad reputations.

We are also aware that those that do invest in altcoins and are in it for the quick pump and dump. Such market volatility can easily lead to the rapid death of a coin.

To counter this volatility, we will be using 60% of the IPO funds to set a buy floor at 25% under the final estimated value derived from the IPO. We will keep this buy floor on the largest running exchange (24-hr volume wise) for 2 weeks. All of our market movements will be announced on the thread.    

In addition, we will be using the IPO funds generated to “purchase” bribe a quick listing on Mintpal. This is mostly to ensure a smooth “build up” week before the first matured coins are released.

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

This will be a 3 phase IPO, each being a non independent percentage from the 5 million kFC IPO allocation. Each phase will be rewarded coins from different block maturities. Details are as follows:

Incentives:

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

Investing -

We are no longer offering direct investment! Please see below for official escrow!

Official Escrows -
1.
Now Offering Escrow For FutureCoin

The way this escrow works: You send bitcoins to my escrow address. I hold them until you give me digitally signed instructions to release them. Instructions must be signed by one of the addresses that you sent from in your transaction to my escrow address. You may release the coins to the devs at any time or have them refunded at any time. I will subtract a fee of 0.02btc or 0.9% which ever is greater upon the release of the funds.

If you dont know how digital signatures work yet its not a big deal. It's pretty simple and i can walk you through it when the time comes. All you need to worry about right now is: YOU MUST BE IN PERSONAL POSSESSION OF ONE OF THE PRIVATE KEYS THAT YOU SEND FROM. Examples would be a client on your desktop or a blockchain.info ewallet (make sure that you know your password and can sign on to you account through a browser). Examples of where not to send from would be an exchange like bistamp or a bitcoin based service like betsofbitco.in. If you send to me from an address that you do not have personal control of than your coins will be lost.

If you have read and agree to these terms than feel free to send to this address at any time:

BTC: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x

Thanks and goodluck!

2. Either post here, PM me (as in thefuturecoin), or bitmessage Pendere, with your transaction ID and amount sent. We will ask you to fill out a Google documents form in order to quickly organize all investor data.
Please only send from a single address! We will not accept multiple transaction ID’s.

3. We will respond in a PM by the end of the day (EST) verifying your investment, and send you your private/public key by the end of the phase.

4. Depending on the phase (refer to payout schedules below), you will import the private key into your Futurecoin wallet and PM/POST/BM us your PUBLIC Futurecoin address, and verify you are ready to receive coins. This MUST match the address we had generated for you prior.


Payout schedule -
1 week after launch, Phase 1 investors will receive matured coins.
2 weeks after launch, Phase 2 investors will receive matured coins.
3 weeks after launch, Phase 3 investors will receive matured coins.

We will keep updated expected coins in a public Google docs.

Refund Policies:
1. Any direct investor can request to have their coins refunded by the end of the phase.
2. If by launch, it is clear that the community does not support the launch of the coin, we will refund all coins across all phases to the address it was sent from.
3. If for any reason you feel you no longer believe in the coin before the 1st coins have matured, and after the IPO phase has ended, we will repurchase the coins from you at -25% of the BTC you invested.

https://i.imgur.com/6UNL6SD.png

Password’d download links will be posted 1 week before release to ensure a smooth and timely launch. We will already have seed nodes running in the US, Asia, and Europe.

Windows Wallet:

Download: https://mega.co.nz/#!FddiEZ5I!yfuHoA4AFb03G6ZiZi1olMDWOF7lAmk0tdVo8CvVFQY
Virus scan: https://www.virustotal.com/en/file/7cb702397802c73a3847d31c5d8b9c49d76e2f92822ca85543a65adfec9a4e74/analysis/1398629341/

Source: https://github.com/thefuturecoin/futurecoin

RPC Configuration:
http://pastebin.com/XeU70wUM

Nodes:
Code:
seed1.thefuturecoin.org
seed2.thefuturecoin.org
seed3.thefuturecoin.org
seed4.thefuturecoin.org

[/b]

Miners:

https://i.imgur.com/WF7J9AD.png

Bitmessage:
Friedman -  BM-2cWac2vRy6ZdL8hexVFyCxvGTWMzsDYo5C
Pendere -  BM-2cUs1rsYXD8zAreXd2x9af1aJwqhjo1qxm

Bitcointalk:
Friedman
Pendere

E-mail:
thefuturecoin@gmail.com
penderere@gmail.com

IRC:
You can find us at the Freenode IRC @ #futurecoin


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

Will be listed shortly.

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

Vote for us at MINTPAL:

BTC/kFC exchanges:

Futures markets:

USD/kFC exchanges:


https://i.imgur.com/J5MXg4t.png


We will only be listing the most trusted pools given the long term block maturity. We do not recommend mining on any non-listed pools.

Please do not message us for listing, we will evaluate each and every pool advertised here. We’d also like to ask that you do not spam your pool in our thread.

Maturity Switching Pools*:

SHA256:
Skein:
Groestl:

MPOS pools:

SHA256:
  • Crypto Coinz (accepting registrations!) (http://kfc.crypto-coinz.com/)
  • hashrapid (accepting registrations!) (http://future.hashrapid.com/)
Skein:
  • kfc.cryptopools.com (http://kfc.cryptopools.com)
  • fc.pool.mn (http://fc.pool.mn)
Groestl:
  • nonce-pool (Ready 7-7:30 EST) (http://kfc.nonce-pool.com/index.php)
p2p pools:

SHA256:
Skein:
Groestl:

*pools that operate by cashing out matured Futurecoin immediately, holding on to mined immature Futurecoin for 2-3-4 weeks. This is essentially swapping immature Futurecoin for mature Futurecoin using existing platforms. Expected to have a large fee. MUST be able to provide evidence that they can operate for 2-3-4 weeks until immature coins come out. If you are a pool operator that would like to invest in the IPO for this purpose, please contact us!

https://i.imgur.com/R5BchWX.png


Please contact Pendere, or message us (thefuturecoin) to claim your bounty.

TOTAL: 100,000 kFC (to be allocated).

10,000 kFC - 1st Futures Market
5,000 kFC - 1st Exchange
4,000 kFC - 2nd Exchange
2,000 kFC - 1st article @ any major cryptocurrency/finance site
1,000 kFC - 2nd article @ any major cryptocurrency/finance site
2,500 kFC - 1st block explorer (note: must be able to read maturity time)
1,250 kFC - 2nd block explorer
1,000 kFC - 1st Maturity Switching Pool (any algo)
500 kFC - 2nd Maturity Switching Pool (any algo)
500 kFC - 1st blog review
300 kFC - 2nd blog review
250 kFC - Chinese Translation of pre-ann thread
250 kFC - Russian Translation of pre-ann thread (Completed by BeebopFive, see here: https://bitcointalk.org/index.php?topic=577971.0)
250 kFC - Spanish Translation of pre-ann thread (Completed by lcharles123, see here: https://bitcointalk.org/index.php?topic=582304.msg6364979#msg6364979)
250 kFC - Portuguese Translation of pre-ann thread (Completed by miner7788, see here: https://bitcointalk.org/index.php?topic=574817)


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: iamphoenix on April 10, 2014, 10:39:08 PM
yawn Myriads first clone

try a different ticker symbol
KFC = Kentucky fried chicken


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 10, 2014, 10:43:19 PM
yawn Myriads first clone

try a different ticker symbol
KFC = Kentucky fried chicken

We are simply building upon the best ideas of the time and adding our own innovations. Do you believe that myriad is simply a Bitcoin clone?

Furthermore, that's not our ticker symbol. It's short hand for kilo Futurecoin, which is explained if you read the OP.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: DixieWhiskey on April 10, 2014, 10:53:30 PM
What's the purpose of such long maturity times for mined blocks?


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 10, 2014, 11:04:59 PM
What's the purpose of such long maturity times for mined blocks?

To give miners a vested interest in the success and stability of the coin. It also prevents them from dumping immediately after mining.
Similar to "vesting" in a stock option. See http://en.wikipedia.org/wiki/Employee_stock_option#Contract_differences


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: doge94 on April 10, 2014, 11:25:08 PM
Nice to see some innovation around here.
It will be interesting to see how miners react.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: procrastinationtm on April 11, 2014, 12:32:01 AM
Looks interesting! Withdrawing 0.03 as I write this.


BTC sent:
0.03
Transaction ID:
9e09d3289b927325c1b1bb07277b3a44863f7731db33b0507a2798b7cc8db243


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: doge94 on April 11, 2014, 01:16:25 AM
I am probably gonna make a pool. More details soon.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: okayhowsthis on April 11, 2014, 02:23:37 AM
Didn't myriad have an awful launch? How are you going to do better?

Either way I'll be keeping my eye on this coin


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: DLow on April 11, 2014, 02:24:51 AM
i will mine it.

AND THEN DUMP IT!


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: qiwoman on April 11, 2014, 02:44:54 AM
I love the innovation of the coin and we would like to claim the bounties for first blog post and Chinese Translation of Pre Ann. Also how much is the minimum investment required for the IPO? :) Also once the coin launches can we host a giveaway on our blog too? We will get to work on both on these tomorrow as it's a bit late here tonight.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 11, 2014, 02:55:30 AM
I love the innovation of the coin and we would like to claim the bounties for first blog post and Chinese Translation of Pre Ann. Also how much is the minimum investment required for the IPO? :) Also once the coin launches can we host a giveaway on our blog too? We will get to work on both on these tomorrow as it's a bit late here tonight.

There is no minimum investment, all are welcome to join the IPO.

You don't need our permission to host a giveaway. Feel free! We might even allocate some of the leftover bounty to third party giveaways on launch day.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: KSGuy on April 11, 2014, 05:00:31 AM
yawn Myriads first clone

try a different ticker symbol
KFC = Kentucky fried chicken

winning!  ;D


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: czvezda on April 11, 2014, 06:32:02 AM
With such long maturity period pools will be at least 2 weeks behind paying to the miners which creates anxiety and uncertainty. I don't think people will be willing to pool mine due to this.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: foodies123 on April 11, 2014, 07:16:32 AM
so the big dump starts only 2 weeks after the mining, big whoop.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 11, 2014, 12:12:21 PM
With such long maturity period pools will be at least 2 weeks behind paying to the miners which creates anxiety and uncertainty. I don't think people will be willing to pool mine due to this.

See: maturity switching pools. If we can get no trusted pool operators behind this, we'll run an official switching pool and burn the fees.

so the big dump starts only 2 weeks after the mining, big whoop.

It's when the first coins hit the market, not a huge release of all the coins in the past 2 weeks. People will start gradually selling mined coins, which I believe the market is able to support, as opposed to one massive "I've been mining for 2 weeks here are all my coins" dump.


Additionally, the entire period between launch and coin release will allow to market to mature based off of whatever the IPO price. This will heavily depend on how much traction we get.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: HCLivess on April 11, 2014, 12:18:26 PM
sooo the dump will be delayed by some time  :D


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: Friedman on April 11, 2014, 07:21:53 PM
Didn't myriad have an awful launch? How are you going to do better?

Either way I'll be keeping my eye on this coin

The main problems I see with that launch are as follows.

1. No pre-ann
2. Lack of reliable pools on launch
3. Lack of compiled miners on launch
4. Lack of buy support
5. Lack of reliable nodes on launch

I believe that we have solved these problems.

so the big dump starts only 2 weeks after the mining, big whoop.

By the time the first coins come out people more people will be holding non mature coins. These people should be promoting the coin and creating a stable price. Dumping is a problem faced by almost every coin but having a large base of people vested in the success of the coin combined with built up buy support on the exchanges before the first coins come out should mitigate this effect.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: SwitchMyCoins on April 11, 2014, 07:37:53 PM
Interesting, i'm in :)


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 11, 2014, 08:53:44 PM
Interesting, i'm in :)

Welcome. Let me know if you have any questions.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: djm34 on April 11, 2014, 09:44:16 PM
FC is already taken, it is FugueCoin


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: scam_exposer_jr on April 11, 2014, 09:47:50 PM
FC is already taken, it is FugueCoin

scam coin Going exc hange and troll ppl into trade wrong symbol!!

send btc to remove post


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: doge94 on April 11, 2014, 09:53:27 PM
FC is already taken, it is FugueCoin

scam coin Going exc hange and troll ppl into trade wrong symbol!!

send btc to remove post

Can't tell if satire account or serious.


Title: Re: [PRE-ANN] Futurecoin [FC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: azhago on April 11, 2014, 09:54:51 PM
Seriously, FC is already taken (FugueCoin).
If i make a search here, i found this : https://bitcointalk.org/index.php?topic=439296.0   :D

Very well prepared launch !


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 11, 2014, 10:01:39 PM
Seriously, FC is already taken (FugueCoin).
If i make a search here, i found this : https://bitcointalk.org/index.php?topic=439296.0   :D

Very well prepared launch !


We're pretty much using kFC for everything right now. Did not really know how to handle units in a ticker. Will change, thanks for the notice.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: Friedman on April 11, 2014, 10:07:44 PM
Seriously, FC is already taken (FugueCoin).
If i make a search here, i found this : https://bitcointalk.org/index.php?topic=439296.0   :D

Very well prepared launch !


Both these coins are either dead or never launched.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: procrastinationtm on April 11, 2014, 10:18:03 PM
Seriously, FC is already taken (FugueCoin).
If i make a search here, i found this : https://bitcointalk.org/index.php?topic=439296.0   :D

Very well prepared launch !


Both these coins are either dead or never launched.

i like kFC better anyways :D stands out


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: procrastinationtm on April 11, 2014, 10:46:29 PM
will there be gpu mining on release?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: doge94 on April 11, 2014, 11:21:17 PM
will there be gpu mining on release?

I do believe that all these algos have working GPU miners.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 12, 2014, 12:03:32 AM
will there be gpu mining on release?

I do believe that all these algos have working GPU miners.

This is correct. We chose these algos because they had a mature software base. This should prevent one person from making their own miner and monopolizing the hashrate.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: doge94 on April 12, 2014, 01:18:21 AM
will there be gpu mining on release?

I do believe that all these algos have working GPU miners.

This is correct. We chose these algos because they had a mature software base. This should prevent one person from making their own miner and monopolizing the hashrate.

I think this is a good idea. This was a major problem for the Myriadcoin launch.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: doge94 on April 12, 2014, 03:20:18 AM
Could you clarify what you mean by maturity switching pool?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: ddwy758 on April 12, 2014, 03:39:38 AM
Interesting


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: nukecookie on April 12, 2014, 02:47:46 PM
ill mine it  :)


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: okayhowsthis on April 12, 2014, 03:33:37 PM
Currently working on greatly upgrading our social media presence.

Wallet is more or less completed, needs touching up (may add bounty for wallet design - mockup only unless you want to do the pseudo css).

I'll do it, send me some details.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: djm34 on April 12, 2014, 03:44:44 PM
Seriously, FC is already taken (FugueCoin).
If i make a search here, i found this : https://bitcointalk.org/index.php?topic=439296.0   :D

Very well prepared launch !


Both these coins are either dead or never launched.
fuguecoin is not dead (even it has been better... )


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: procrastinationtm on April 12, 2014, 05:05:19 PM
Seriously, FC is already taken (FugueCoin).
If i make a search here, i found this : https://bitcointalk.org/index.php?topic=439296.0   :D

Very well prepared launch !


Both these coins are either dead or never launched.
fuguecoin is not dead (even it has been better... )

maybe the dev was in a fugue state when launching  ;D ;D ;D


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 12, 2014, 06:02:19 PM
btc sent: 0.06
tx id:
6b4e9cbcdae83c00b7b04ee290f0f3d7bf5327e8a661dd90cb411e6e4884990b

Thank you for your interest! As of now you own 60% of the IPO coins.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: Friedman on April 12, 2014, 07:36:59 PM
KFC(Kentucky Fried Chicken)
KFC holdings?
looks very nice!
Make a jok sorry

Are you only going to make fun of the name? Do you have anything insightful to add?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: hounou1042 on April 12, 2014, 08:24:37 PM
中文翻译在哪里?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 12, 2014, 09:29:57 PM
中文翻译在哪里?

No Chinese translation
You want to translate?
没有中国翻译
你要翻译?

Google translate. Sorry for any errors.
谷歌翻译。对不起任何错误。


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: hounou1042 on April 12, 2014, 09:45:09 PM
yes i will try


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: Friedman on April 12, 2014, 10:14:38 PM
yes i will try

Ok please PM thefuturecoin after you finish.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Dynamic Block Maturity - IPO
Post by: thefuturecoin on April 12, 2014, 10:26:16 PM
Updated the thread with a bit more information. Feel free to ask questions, express concerns, etc.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: liu2014 on April 13, 2014, 12:04:18 AM
kfc very good in china!

i send alittle btc


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: thefuturecoin on April 13, 2014, 12:22:13 AM
kfc very good in china!

i send alittle btc

I have sent you a PM to confirm your investment.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: qiwoman on April 13, 2014, 12:23:51 AM
I love the innovation of the coin and we would like to claim the bounties for first blog post and Chinese Translation of Pre Ann. Also how much is the minimum investment required for the IPO? :) Also once the coin launches can we host a giveaway on our blog too? We will get to work on both on these tomorrow as it's a bit late here tonight.

There is no minimum investment, all are welcome to join the IPO.

You don't need our permission to host a giveaway. Feel free! We might even allocate some of the leftover bounty to third party giveaways on launch day.


Excellent thanks for the kind reply..I am glad I have a little time to save up some money for this. :)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: thefuturecoin on April 13, 2014, 01:02:19 AM
I love the innovation of the coin and we would like to claim the bounties for first blog post and Chinese Translation of Pre Ann. Also how much is the minimum investment required for the IPO? :) Also once the coin launches can we host a giveaway on our blog too? We will get to work on both on these tomorrow as it's a bit late here tonight.

There is no minimum investment, all are welcome to join the IPO.

You don't need our permission to host a giveaway. Feel free! We might even allocate some of the leftover bounty to third party giveaways on launch day.


Excellent thanks for the kind reply..I am glad I have a little time to save up some money for this. :)

Thanks for the support. Let me know if you have any more questions!


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: procrastinationtm on April 13, 2014, 02:40:38 AM
damn my percentage of the IPO is down T_T


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 13, 2014, 05:35:12 AM
damn my percentage of the IPO is down T_T


Don't worry. The more the merrier.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 13, 2014, 04:06:26 PM
if somebody join to ipo with 1btc, he receive about 90% ipo :)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 13, 2014, 04:33:28 PM
amount sent: 0.02btc
Id:
b13279079ffd8eee59ef932177239674ad03b95ad4e6f96e40421e7f24a41aa8


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 13, 2014, 05:01:57 PM
amount sent: 0.02btc
Id:
b13279079ffd8eee59ef932177239674ad03b95ad4e6f96e40421e7f24a41aa8

Welcome! We will send you a PM with more instructions soon.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 13, 2014, 06:00:36 PM
if somebody join to ipo with 1btc, he receive about 90% ipo :)

The distribution tends to even up at the end of the ipo.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: btcrising on April 13, 2014, 06:35:34 PM
if somebody join to ipo with 1btc, he receive about 90% ipo :)

The distribution tends to even up at the end of the ipo.

An IPO setup like this heavily favors whales. The distribution is skewed to those in a better place for market manipulation, and thus the premise of a building buy support is flawed, given that the IPO investors will immediately dump on exchanges. It's like a game of chicken, but with whales.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 13, 2014, 06:41:41 PM
if somebody join to ipo with 1btc, he receive about 90% ipo :)

The distribution tends to even up at the end of the ipo.

An IPO setup like this heavily favors whales. The distribution is skewed to those in a better place for market manipulation, and thus the premise of a building buy support is flawed, given that the IPO investors will immediately dump on exchanges. It's like a game of chicken, but with whales.

Whales have no incentive to dump on exchanges because manipulating the market would only hurt their own investment. Furthermore IPO coins have a vesting period too.

Do you have a better way to distribute?

It's like saying that people would dump a stock after an IPO.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: btcrising on April 13, 2014, 06:50:40 PM
if somebody join to ipo with 1btc, he receive about 90% ipo :)

The distribution tends to even up at the end of the ipo.

An IPO setup like this heavily favors whales. The distribution is skewed to those in a better place for market manipulation, and thus the premise of a building buy support is flawed, given that the IPO investors will immediately dump on exchanges. It's like a game of chicken, but with whales.

Whales have no incentive to dump on exchanges because manipulating the market would only hurt their own investment. Furthermore IPO coins have a vesting period too.

Do you have a better way to distribute?

Your description of a "building buy support" period in which no coins are released essentially equates to "let's see how much hype we can drive to see how fast the price will rise. Thus when the phase 1 investors receive their coins (and it does not look like there will be many phase 1 investors), they will already be faced with a "pumped and primed" market which is ripe for a quick dump. Now, given that the IPO is a non independent percentage of the total coin cap which looks to be 5,000,000 kFC, the small percentage of phase 1 investors hold immense trading power... since they're the only source of coins for a week.

Phase 2, phase 3, and the mined coins will immediately flood the market in the next 2 week period, destroying gains made by phase 1 investors and general traders. But during the week of essentially free trading and circle jerking, I would expect the price to fluctuate immensely before the bulk of the IPO coins get distributed.

The 3 phase distribution does not give enough weight to phase 1 investors. This could be avoided if this coin had significant momentum from the launch, but as of right now you barely have .125 in IPO investments.

And people do dump stocks right after an IPO. See twitter, facebook.

Additionally, as far as I can tell the amount of IPO coins will be greater than mined coins for something like a month. IPO investors as a whole will have a huge say in where this coin goes.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 13, 2014, 07:02:49 PM
if somebody join to ipo with 1btc, he receive about 90% ipo :)

The distribution tends to even up at the end of the ipo.

An IPO setup like this heavily favors whales. The distribution is skewed to those in a better place for market manipulation, and thus the premise of a building buy support is flawed, given that the IPO investors will immediately dump on exchanges. It's like a game of chicken, but with whales.

Whales have no incentive to dump on exchanges because manipulating the market would only hurt their own investment. Furthermore IPO coins have a vesting period too.

Do you have a better way to distribute?

Your description of a "building buy support" period in which no coins are released essentially equates to "let's see how much hype we can drive to see how fast the price will rise. Thus when the phase 1 investors receive their coins (and it does not look like there will be many phase 1 investors), they will already be faced with a "pumped and primed" market which is ripe for a quick dump. Now, given that the IPO is a non independent percentage of the total coin cap which looks to be 5,000,000 kFC, the small percentage of phase 1 investors hold immense trading power... since they're the only source of coins for a week.

Phase 2, phase 3, and the mined coins will immediately flood the market in the next 2 week period, destroying gains made by phase 1 investors and general traders. But during the week of essentially free trading and circle jerking, I would expect the price to fluctuate immensely before the bulk of the IPO coins get distributed.

The 3 phase distribution does not give enough weight to phase 1 investors. This could be avoided if this coin had significant momentum from the launch, but as of right now you barely have .125 in IPO investments.

And people do dump stocks right after an IPO. See twitter, facebook.

Additionally, as far as I can tell the amount of IPO coins will be greater than mined coins for something like a month. IPO investors as a whole will have a huge say in where this coin goes.

Phase 1 investments will be a very small amount of the total IPO. Traders will know of the distribution scheme and will not pay more than it is worth. Investors and traders will trade based on the best available information. They will not pay more for something when they know there will be more coming. On a final note there will always be people with vested interests in the coins success. They will promote the coin and help keep the price stable.

Will there be some fluctuations during the first couple weeks? Yes, but that is a price we pay for free markets and future stability.


Quote
IPO investors as a whole will have a huge say in where this coin goes.
This is by design. Investors want to protect their investment. They are not going to let their investment die. This is essential to future stability. It is also part of the reason companies issue stock and stock options to their workers.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: btcrising on April 13, 2014, 07:11:38 PM
if somebody join to ipo with 1btc, he receive about 90% ipo :)

The distribution tends to even up at the end of the ipo.

An IPO setup like this heavily favors whales. The distribution is skewed to those in a better place for market manipulation, and thus the premise of a building buy support is flawed, given that the IPO investors will immediately dump on exchanges. It's like a game of chicken, but with whales.

Whales have no incentive to dump on exchanges because manipulating the market would only hurt their own investment. Furthermore IPO coins have a vesting period too.

Do you have a better way to distribute?

Your description of a "building buy support" period in which no coins are released essentially equates to "let's see how much hype we can drive to see how fast the price will rise. Thus when the phase 1 investors receive their coins (and it does not look like there will be many phase 1 investors), they will already be faced with a "pumped and primed" market which is ripe for a quick dump. Now, given that the IPO is a non independent percentage of the total coin cap which looks to be 5,000,000 kFC, the small percentage of phase 1 investors hold immense trading power... since they're the only source of coins for a week.

Phase 2, phase 3, and the mined coins will immediately flood the market in the next 2 week period, destroying gains made by phase 1 investors and general traders. But during the week of essentially free trading and circle jerking, I would expect the price to fluctuate immensely before the bulk of the IPO coins get distributed.

The 3 phase distribution does not give enough weight to phase 1 investors. This could be avoided if this coin had significant momentum from the launch, but as of right now you barely have .125 in IPO investments.

And people do dump stocks right after an IPO. See twitter, facebook.

Additionally, as far as I can tell the amount of IPO coins will be greater than mined coins for something like a month. IPO investors as a whole will have a huge say in where this coin goes.

Phase 1 investments will be a very small amount of the total IPO. Traders will know of the distribution scheme and will not pay more than it is worth. Investors and traders will trade based on the best available information. They will not pay more for something when they know there will be more coming. On a final note there will always be people with vested interests in the coins success. They will promote the coin and help keep the price stable.

Will there be some fluctuations during the first couple weeks? Yes but that is a price we pay for free markets and future stability.

Really? Seems to me that it's just a lazy dev team hoping to get promotion done for them.

 A company's employees is one thing; their livelihood is tied to the success of the company and thus the stock options. A cryptocurrencies vesting would amount a more favorable position in which the greedy can take advantage of the believers.

As you say, phase 1 investments will be very small. But it shouldn't, it should be the other way around. You're opening up markets with rather enticing early adopter rewards, that give them a large say over the formative period of the coin.

Investors will let the coin die. Not by choice, but by the ensuing panic as the "rare" phase of the coin gets speculated downward by traders.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 13, 2014, 07:36:25 PM

Quote
Really? Seems to me that it's just a lazy dev team hoping to get promotion done for them.

Lazy? I will promote this coin like any other dev. The more people promoting this coin the better. You are not seriously going to argue that less people should promote are you?

Quote
A company's employees is one thing; their livelihood is tied to the success of the company and thus the stock options. A cryptocurrencies vesting would amount a more favorable position in which the greedy can take advantage of the believers.

The people in companies getting major stock options are not poor. They are usually very rich and can actually effect the price of the stock. It is the same with cryptocurrencies people holding coins are usually in a position to promote that coin. It has no baring on greediness or livelihood, only on the holders ability to increase the value. I believe that this system is better than the way all the other altcoins are being distributed. Please promote a better system if you have one.


Quote
As you say, phase 1 investments will be very small. But it shouldn't, it should be the other way around. You're opening up markets with rather enticing early adopter rewards, that give them a large say over the formative period of the coin.

This is not how adoption happens it is pretty well documented that "innovators" are a small minority that push adoption toward the majority. See the standard adoption curve below.
http://upload.wikimedia.org/wikipedia/en/4/45/DiffusionOfInnovation.png

Quote
Investors will let the coin die. Not by choice, but by the ensuing panic as the "rare" phase of the coin gets speculated downward by traders.

Traders trade based on the best available information. They trade on future anticipated value on not on current value (See blackcoin, tesla for examples). If you believe that this will happen you would not be posting about it. You should be using this information that you so solidly know to trade.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: btcrising on April 13, 2014, 07:49:26 PM

Lazy? I will promote this coin like any other dev. The more people promoting this coin the better. You are not seriously going to argue that less people should promote are you?

No you haven't. This coin has been announced for something like 3 days, no Mintpal voting listing, no altcoincalendar listing, no social media presence (or at least attempting to look like you have it), and an incomplete website. Are you expecting on the users to do everything for you?

Quote
The people in companies getting major stock options are not poor. They are usually very rich and can actually effect the price of the stock. It is the same with cryptocurrencies people holding coins are usually in a position to promote that coin. It has no baring on greediness or livelihood, only on the holders ability to increase the value. I believe that this system is better than the way all the other altcoins are being distributed. Please promote a better system if you have one.
 

What companies are you looking at? Stock options are typically given to "middle crust", at least company org wise. People who hold cryptocurrencies are the ones that can actually affect the exchange rate, and they don't even have to be particularly rich. This is not a better system (at least until proven so), just a different one.

Quote

This is not how adoption happens it is pretty well documented that "innovators" are a small minority that push adoption toward the majority. See the standard adoption curve below.
http://upload.wikimedia.org/wikipedia/en/4/45/DiffusionOfInnovation.png


It doesn't matter how much innovation you have - if the early IPO investors create a fiasco such as Wolong did with pandacoin, what future do you see for this one?

Quote
Traders trade based on the best available information. They trade on future anticipated value on not on current value (See blackcoin, tesla for examples). If you believe that this will happen you would not be posting about it. You should be using this information that you so solidly know to trade.

You act as if traders are some kind of elite class. Not in cryptocurrency markets, where FUD and trollboxes rule. Traders, especially in a cryptocurrency market, and especially in a phased IPO setup such as this one are in a position to "create" their own information, individually moving markets at their will.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 13, 2014, 08:03:40 PM

Quote
What companies are you looking at? Stock options are typically given to "middle crust", at least company org wise. People who hold cryptocurrencies are the ones that can actually affect the exchange rate, and they don't even have to be particularly rich.

Typically companies that are doing an IPO. They are usually given the a small group of employees.

Quote
It doesn't matter how much innovation you have - if the early IPO investors create a fiasco such as Wolong did with pandacoin, what future do you see for this one?

Wolong was holding 90% of the coins and had no skin in the game. IPO investors would not dump and devalue their investment.

Quote
You act as if traders are some kind of elite class. Not in cryptocurrency markets, where FUD and trollboxes rule. Traders, especially in a cryptocurrency market, and especially in a phased IPO setup such as this one are in a position to "create" their own information, individually moving markets at their will.

The ones actually moving the prices are not "trolls".


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: btcrising on April 13, 2014, 08:13:56 PM
Typically companies that are doing an IPO. They are usually given the a small group of employees.

This "dynamic block maturity" is not an IPO thing only. You are giving all miners the same vesting option, but who's say will not be equivalent to IPO investors until a month after launch.

Quote
Wolong was holding 90% of the coins and had no skin in the game. IPO investors would not dump and devalue their investment.

And if someone wanted to put 1btc into the phase 1 IPO? Would they not control 90% of the coins for the first week? That's plenty of time to cause some serious speculation.

Quote
The ones actually moving the prices are not "trolls".

Ha.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 13, 2014, 08:18:36 PM
Quote
This "dynamic block maturity" is not an IPO thing only. You are giving all miners the same vesting option, but who's say will not be equivalent to IPO investors until a month after launch

I am sorry can you rephrase this I do not understand.

Quote
And if someone wanted to put 1btc into the phase 1 IPO? Would they not control 90% of the coins for the first week? That's plenty of time to cause some serious speculation.

I believe that the phases are not separate percentages as evidenced by "non independent percentage". Meaning they would have to put in 90% of the total IPO money to get 90% of the coins not just phase 1. I will let the devs confirm this one.



Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: btcrising on April 13, 2014, 08:28:03 PM
90% of all phase 1 coins, which is depending on how this coin goes, admittedly a very small fraction indeed. But phase 1 is going to be decisive; depending on how this coin goes, the fate will be decided here.


Miners will have vested coins too, not just IPO investors. But these mined coins will be less than the IPO coins for 34 days~. IPO coins will be king in the first month.

And remember, MOST IPO investors are in it to make a quick buck. There will be some small percentage that believe in the coin, but that generation is dieing quickly.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 13, 2014, 08:45:05 PM
I'll, for example, dont wana sell my ipo coins. Better i'll holding this :)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Radar on April 13, 2014, 08:46:33 PM
IPO is just a bad idea for a new release coin.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 13, 2014, 08:50:11 PM
IPO is just a bad idea for a new release coin.

Why? on first age this not bad. For example view at Heavycoin (HVC). They have ipo as well, and nothing terrible happend :)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Radar on April 13, 2014, 09:01:43 PM
IPO is just a bad idea for a new release coin.

Why? on first age this not bad. For example view at Heavycoin (HVC). They have ipo as well, and nothing terrible happend :)

Heavycoin has no real life uses.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: 51percentscam on April 13, 2014, 09:43:58 PM
the first shitty ass myriad clone is here

i hope this dev at least knows how to fix the fucking code.

and also doesn't have retarded "believers" that have probably mortgaged their house for myriad LOL


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 13, 2014, 09:58:54 PM
the first shitty ass myriad clone is here

i hope this dev at least knows how to fix the fucking code.

and also doesn't have retarded "believers" that have probably mortgaged their house for myriad LOL

We do not want to discourage viewpoints but if you are going to make an argument please make a point and support it. We can have a civil debate about it rather than calling each other "retards".

To attempt to answer your question, algorithm weightings will be based on a combination of cost of mining hardware and performance of that hardware. This can be changed in the future if circumstances change.

If you have any other objections please state them in a civil and clear manner. Discussion is important, trolling is not.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 13, 2014, 10:02:21 PM
IPO is just a bad idea for a new release coin.

Why? on first age this not bad. For example view at Heavycoin (HVC). They have ipo as well, and nothing terrible happend :)

Heavycoin has no real life uses.

The problem with Heavycoin was that it pretty much let the big time miners decide the block rewards, so from the get go the majority of users were held to the whim of mining farms. Then GPU miners had the coin pretty much to themeselves for something like a week. If you dumped in the days following the launch, you made a lot of money.

And no coin other than BTC and in rare cases DOGE and LTC will have usages. Other than in the shadiest marketplaces.

These days IPO's are more about who can make a coin that gets the most hype, which inflates the post-IPO price the most. Futurecoin looks simply "different" in their model of achieving this (actually radically different if you consider what people call "innovations" right now). If the dev's don't run off with the IPO money and follow up with their "commitments", I could see someone making a lot of money off of this. That is also assuming that this IPO get's a ton of that sweet, sweet BTC (which it currently isn't in it's most important phase).



Ok btcrising I am gonna put my money where my mouth is.
Just sent 0.22034291 BTC txid: e162eac49883b1f59833ef5f2ab9bcac1948ead265ef4fb979e3c74991fdc0a7

More to come when my assets free up.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: procrastinationtm on April 13, 2014, 10:11:46 PM
damn all this talking...

i feel like investing more  8) losing my percents


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 13, 2014, 10:43:23 PM
damn all this talking...

i feel like investing more  8) losing my percents

me too ;)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 13, 2014, 10:44:01 PM
maybe in phase2


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 13, 2014, 11:33:30 PM
maybe in phase2

Yeah wish my assets were more liquid.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 14, 2014, 12:53:50 AM
IPO is just a bad idea for a new release coin.

IPO coins have a history of outperforming non IPO coins.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 14, 2014, 01:03:08 AM
We are now on altcoincalendar!

http://www.altcoincalendar.info/coins/358-kFC


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 14, 2014, 01:10:43 AM
maybe in phase2

I think there needs to be some clarification. All phases are pooled together to calculate a percentage. They are not independent.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 14, 2014, 01:24:48 AM
maybe in phase2

I think there needs to be some clarification. All phases are pooled together to calculate a percentage. They are not independent.

4/18 i receive coin? or only Futurecoin private and public key?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 14, 2014, 01:25:08 AM
i dont understand well for now :)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 14, 2014, 01:28:00 AM
i dont understand well for now :)

You will receive your coins 1 week after launch. I will PM you more details about collecting your coins closer to launch.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 14, 2014, 01:36:02 AM
i dont understand well for now :)

You will receive your coins 1 week after launch. I will PM you more details about collecting your coins closer to launch.

Thanks


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 14, 2014, 01:41:29 AM
maybe in phase2

I think there needs to be some clarification. All phases are pooled together to calculate a percentage. They are not independent.

4/18 i receive coin? or only Futurecoin private and public key?

Further clarification:

You will receive the public and private keys by 4/18. We will send your phase 1 matured kFC a week after launch, so all phase 1 investors will receive coins on May 9th. Phase 2 the next week (along with bounties), and Phase 3 the next. Each phase receives public/private keys by the end of their phase.


Now it's all clarify. thanks


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: 451307758 on April 14, 2014, 01:44:20 AM
KFC? it's a joke?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 14, 2014, 01:44:51 AM
KFC? it's a joke?

No kilo is a prefix.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: johnsans on April 14, 2014, 01:48:09 AM
By the time the first coins come out people more people will be holding non mature coins. These people should be promoting the coin and creating a stable price. Dumping is a problem faced by almost every coin but having a large base of people vested in the success of the coin combined with built up buy support on the exchanges before the first coins come out should mitigate this effect.

~~just only wanna eat chicken in kfc lol


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 14, 2014, 01:51:21 AM
By the time the first coins come out people more people will be holding non mature coins. These people should be promoting the coin and creating a stable price. Dumping is a problem faced by almost every coin but having a large base of people vested in the success of the coin combined with built up buy support on the exchanges before the first coins come out should mitigate this effect.

~~just only wanna eat chicken in kfc lol

What?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: okayhowsthis on April 14, 2014, 02:58:43 AM
.04 sent
2aa100c68f07881f390f1650db377c380180374b029736e157812722a78e8ceb


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: thefuturecoin on April 14, 2014, 03:41:31 AM
.04 sent
2aa100c68f07881f390f1650db377c380180374b029736e157812722a78e8ceb

Welcome to the project! Details will be pm'd to you shortly.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: lolcoind on April 14, 2014, 04:58:15 AM
pool


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: sq on April 14, 2014, 09:09:16 AM
Futurecoin was added to AltCoinCalendar.info (http://www.altcoincalendar.info/coins/358-kFC).

 Check Coin Countdown (http://www.altcoincalendar.info/coins/358-kFC)


Good luck


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: ottobene on April 14, 2014, 10:23:05 AM
Can I add more BTC in IPO?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: thefuturecoin on April 14, 2014, 11:50:04 AM
Can I add more BTC in IPO?

Yes, just send another transaction to the same address. I'll update your total.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: liu2014 on April 14, 2014, 05:09:54 PM
i will invest my black coin profits soon   ;)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: liu2014 on April 14, 2014, 06:30:08 PM
and myriad!!!


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 14, 2014, 08:48:00 PM
I have talked to Anon136 about an escrow. More details soon.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 14, 2014, 09:37:12 PM
pool

Are you reserving this post for a pool? Please PM me if you need any help.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: okayhowsthis on April 15, 2014, 12:53:42 AM
I've only got a small chunk of IPO but I'm feeling good about this. First investment!


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: tricass on April 15, 2014, 10:07:58 AM
what are the start and end times for the 3 ipo stages and how many coins are being offered in each?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Anon136 on April 15, 2014, 03:34:41 PM
Now Offering Escrow For FutureCoin

The way this escrow works: You send bitcoins to my escrow address. I hold them until you give me digitally signed instructions to release them. Instructions must be signed by one of the addresses that you sent from in your transaction to my escrow address. You may release the coins to the devs at any time or have them refunded at any time. I will subtract a fee of 0.02btc or 0.9% which ever is greater upon the release of the funds.

If you dont know how digital signatures work yet its not a big deal. It's pretty simple and i can walk you through it when the time comes. All you need to worry about right now is: YOU MUST BE IN PERSONAL POSSESSION OF ONE OF THE PRIVATE KEYS THAT YOU SEND FROM. Examples would be a client on your desktop or a blockchain.info ewallet (make sure that you know your password and can sign on to you account through a browser). Examples of where not to send from would be an exchange like bistamp or a bitcoin based service like betsofbitco.in. If you send to me from an address that you do not have personal control of than your coins will be lost.

If you have read and agree to these terms than feel free to send to this address at any time:

BTC: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x

Thanks and goodluck!


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: CarlosWing on April 15, 2014, 03:36:45 PM
Not what people to participate in this coin
The rule is not very good


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: lucienlu on April 15, 2014, 03:43:44 PM
need buy... >:(


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 15, 2014, 08:27:02 PM
Not what people to participate in this coin
The rule is not very good


What are you trying to say? I don't completely understand.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: thefuturecoin on April 15, 2014, 08:42:35 PM
what are the start and end times for the 3 ipo stages and how many coins are being offered in each?

All dates are based on EST timezone.

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

It is a non independent percentage of the IPO, meaning you will not know the amount of kFC you are receiving until the end of the IPO, as all investments are calculated from the entire IPO coins being offered.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: niothor on April 15, 2014, 09:10:37 PM
i will invest my black coin profits soon   ;)

Better buy more bc :)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: Friedman on April 15, 2014, 10:26:18 PM
We got our first pool! http://kfc.crypto-coinz.com/


Note: I am in no way related to crypto-coinz.com. This is not an endorsement of this pool.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: DssTech on April 15, 2014, 11:43:03 PM
CryptoCoinz

Proudly Presents

Future Coin

We are accepting Registrations now

1% FEE

PPLNS - STRATUM - VARDIFF

kFC.Crypto-Coinz.com (http://kFC.Crypto-Coinz.com)


http://failsafesys.com/images/CryptCoinz_Pools.png

2014 @ CryptoCoinz

Our Pool Sites are managed by DataCenter Admins.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: liu2014 on April 16, 2014, 12:45:15 AM
i will invest my black coin profits soon   ;)

Better buy more bc :)

 :( :( :( :'( :'( :'(


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: Friedman on April 16, 2014, 02:52:09 AM
CryptoCoinz

Proudly Presents

Future Coin

We are accepting Registrations now

1% FEE

PPLNS - STRATUM - VARDIFF

kFC.Crypto-Coinz.com (http://kFC.Crypto-Coinz.com)


http://failsafesys.com/images/CryptCoinz_Pools.png

2014 @ CryptoCoinz

Our Pool Sites are managed by DataCenter Admins.

Please state what algo your pool will be mining.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: Rigimon on April 16, 2014, 02:13:43 PM
Can I still buy IPO? What I have to do? I want to invest 0.1 btc


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: niothor on April 16, 2014, 02:40:54 PM
i will invest my black coin profits soon   ;)

Better buy more bc :)

 :( :( :( :'( :'( :'(

Why the sad face?


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: Friedman on April 16, 2014, 07:06:18 PM
Can I still buy IPO? What I have to do? I want to invest 0.1 btc

Yes just follow the instructions in the main post.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: doge94 on April 16, 2014, 09:00:17 PM
Can I still buy IPO? What I have to do? I want to invest 0.1 btc

I will match you. Gonna keep my percentage up :)


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: thefuturecoin on April 16, 2014, 09:29:30 PM
We have first confirmed exchange!

Hi,

We as Coinano.com (http://Coinano.com) want to be first exchange.

Regards.


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: doge94 on April 16, 2014, 11:17:36 PM
We have first confirmed exchange!

Hi,

We as Coinano.com (http://Coinano.com) want to be first exchange.

Regards.

Wow this coin got an exchange so soon. Looks promising.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: dzarmush on April 17, 2014, 12:50:36 AM
What is the exact time of ending each IPO stage?

Is there a limit for investments per person?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: Friedman on April 17, 2014, 12:54:13 AM
What is the exact time of ending each IPO stage?

Is there a limit for investments per person?
This will be a 3 phase IPO, each being a non independent percentage from the 5 million kFC IPO allocation. Each phase will be rewarded coins from different block maturities. Details are as follows:

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

There is no investment limit. Investment limits achieve nothing other than forcing people to create more accounts.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: dzarmush on April 17, 2014, 01:03:29 AM
What is the exact time of ending each IPO stage?

Is there a limit for investments per person?
This will be a 3 phase IPO, each being a non independent percentage from the 5 million kFC IPO allocation. Each phase will be rewarded coins from different block maturities. Details are as follows:

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

There is no investment limit. Investment limits achieve nothing other than forcing people to create more accounts.

Ok, got it.

And what about time? 4/18 - it is 24 hours. Does it mean April 18, 00:00 GMT?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: Friedman on April 17, 2014, 01:26:51 AM
What is the exact time of ending each IPO stage?

Is there a limit for investments per person?
This will be a 3 phase IPO, each being a non independent percentage from the 5 million kFC IPO allocation. Each phase will be rewarded coins from different block maturities. Details are as follows:

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

There is no investment limit. Investment limits achieve nothing other than forcing people to create more accounts.

Ok, got it.

And what about time? 4/18 - it is 24 hours. Does it mean April 18, 00:00 GMT?

Sorry about that let me clarify, 00:00 UTC on every date except 5/2. On 5/2 the investment period ends on launch. I am going to update the thread now.

Planning on last minute investing? :)


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: dzarmush on April 17, 2014, 01:50:14 AM
What is the exact time of ending each IPO stage?

Is there a limit for investments per person?
This will be a 3 phase IPO, each being a non independent percentage from the 5 million kFC IPO allocation. Each phase will be rewarded coins from different block maturities. Details are as follows:

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

There is no investment limit. Investment limits achieve nothing other than forcing people to create more accounts.

Ok, got it.

And what about time? 4/18 - it is 24 hours. Does it mean April 18, 00:00 GMT?

Sorry about that let me clarify, 00:00 UTC on every date except 5/2. On 5/2 the investment period ends on launch. I am going to update the thread now.

Planning on last minute investing? :)

:)

No, I invested through escrow in Qora but it looks like developer ran away, so I need to decide wheather to wait for him to come back, or take back that money and invest in FC. And it's pretty tight timing between today and 18th.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: coinano on April 17, 2014, 05:39:07 AM

Hello FutureCoin Community

We will add kFC to Coinano.com (https://www.coinano.com) at LAUNCH !
You can trade with us.

Our reward system will give a different and exciting experience.
Be online, trade safely&funny and always win !  
Happy trading !!



More Info  https://bitcointalk.org/index.php?topic=527950.0 (https://bitcointalk.org/index.php?topic=527950.0)
Visit us   www.coinano.com (https://www.coinano.com)
Follow us  https://twitter.com/Coinano (https://twitter.com/Coinano)




Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: zxs on April 17, 2014, 10:58:43 AM
0.1 btc sent
txID: fe3ab2831405711df3f06957d452c910b21e8cda35b0e49bbcfe699cdfade9a3


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: lucienlu on April 17, 2014, 11:07:19 AM
I am in...and I want to eat KFC!


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: Rigimon on April 17, 2014, 12:01:19 PM
0.1 btc sent
txID: fe3ab2831405711df3f06957d452c910b21e8cda35b0e49bbcfe699cdfade9a3

Where did you get this txID? If I want to send them from my mintpal wallet, will I get a txID?



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: zxs on April 17, 2014, 01:08:01 PM
0.1 btc sent
txID: fe3ab2831405711df3f06957d452c910b21e8cda35b0e49bbcfe699cdfade9a3

Where did you get this txID? If I want to send them from my mintpal wallet, will I get a txID?

You can get it from blockchain https://blockchain.info/address/1EPN1kDQGQKHrxbR6QQmD6JbqNUX1p6TSC
I don't recommend to send them directly from exchange's wallet, you can't prove ownership of such transaction. Send to your wallet first.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: Friedman on April 17, 2014, 07:28:45 PM
0.1 btc sent
txID: fe3ab2831405711df3f06957d452c910b21e8cda35b0e49bbcfe699cdfade9a3

Where did you get this txID? If I want to send them from my mintpal wallet, will I get a txID?



I recommend you send from a wallet that you control.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: Friedman on April 17, 2014, 07:44:13 PM
Humm... It seems that edgecoin turned out to be a scam.

What do you think we should do to raise investor confidence?

Mandatory escrow? (I think fees might be prohibitive to smaller investors)
Wallet video?

Please comment below. We want to do what the investors want. We have no intention of scamming.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: thefuturecoin on April 17, 2014, 08:32:29 PM
0.1 btc sent
txID: fe3ab2831405711df3f06957d452c910b21e8cda35b0e49bbcfe699cdfade9a3

Verified, sending you form now.

To whoever invested the 0.03, please make sure to post or PM!


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
Post by: doge94 on April 17, 2014, 09:11:39 PM
Humm... It seems that edgecoin turned out to be a scam.

What do you think we should do to raise investor confidence?

Mandatory escrow? (I think fees might be prohibitive to smaller investors)
Wallet video?

Please comment below. We want to do what the investors want. We have no intention of scamming.

I think having escrow featured more prominently is a good start.


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Rigimon on April 17, 2014, 09:48:43 PM
0.0997 sent

txID 1dc445cb511ea2af16e124dd0f7f649f11dcbead1b0414984600f08cd45568e6


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: thefuturecoin on April 17, 2014, 09:51:22 PM
0.0997 sent

txID 1dc445cb511ea2af16e124dd0f7f649f11dcbead1b0414984600f08cd45568e6

Verified, sending you form now.


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 17, 2014, 09:59:26 PM
0.0997 sent

txID 1dc445cb511ea2af16e124dd0f7f649f11dcbead1b0414984600f08cd45568e6

Welcome to the IPO. Nice to see that it is picking up steam. I hope you did not invest in edgecoin :)


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Rigimon on April 17, 2014, 10:17:14 PM
0.0997 sent

txID 1dc445cb511ea2af16e124dd0f7f649f11dcbead1b0414984600f08cd45568e6

Welcome to the IPO. Nice to see that it is picking up steam. I hope you did not invest in edgecoin :)

No i didn't invest in edge. This is my first time investing to ipo :)


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: left-ca on April 17, 2014, 10:22:40 PM
FUCK IPO's JUST GOT SCAMMED AT EDGECOIN


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 10:25:36 PM
FUCK IPO's JUST GOT SCAMMED AT EDGECOIN

We are not doing a scam. We are doing everything possible to minimize the risk to the investor. We heavily recommend escrow if you have even the slightest doubts about us.


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 10:32:20 PM
FUCK IPO's JUST GOT SCAMMED AT EDGECOIN

Also if you have any idea of how to promote investor confidence please post below. I still think escrow is the best idea.


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: SyRenity on April 17, 2014, 10:32:45 PM
Can you explain what is unique about your coin?

Also, with name like that you are going to run into legal issues with KfC the moment the coin picks up the speed (just see Coinye).


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 10:35:27 PM
Can you explain what is unique about your coin?

Also, with name like that you are going to run into legal issues with KfC the moment the coin pick ups speed (just see Conio).

k is a prefix it stands for kilo it would be pronounced kilo-FC.

In terms of uniqueness we have Dynamic Block Maturity (Vesting) and 3 Algorithm Mining. Both are described in the main post in more detail. Please do not hesitate to ask more questions, and remember that anon136 is doing escrow if you want it.


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: SyRenity on April 17, 2014, 10:38:03 PM
k is a prefix it stands for kilo it would be pronounced kilo-FC.

In terms of uniqueness we have Dynamic Block Maturity (Vesting) and 3 Algorithm Mining. Both are described in the main post in more detail. Please do not hesitate to ask more questions, and remember that anon136 is doing escrow if you want it.

Question how it will be known to general populace, although the ticker probably will be less sore on KfC legal team eye.

* 3 mining algos - what good it brings, considering HVC (with 4 algos) had GPU miner after a week, and the price has tanked almost 50% below the IPO level?
* Can you explain in more details the DBM vesting? How it encourages long term storing of coins?


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 10:45:37 PM
k is a prefix it stands for kilo it would be pronounced kilo-FC.

In terms of uniqueness we have Dynamic Block Maturity (Vesting) and 3 Algorithm Mining. Both are described in the main post in more detail. Please do not hesitate to ask more questions, and remember that anon136 is doing escrow if you want it.

Question how it will be known to general populace, although the ticker probably will be less sore on KfC legal team eye.

* 3 mining algos - what good it brings, considering HVC (with 4 algos) was cracked after a week, and currently the price has tanked almost 50% below the IPO level?
* Can you explain in more details the DBM vesting? Is it like IRA or something?

3 mining algos mining currently. That means asic / cpu / gpu can all mine. For example SHA256 and skein both mine at the same time. Difficulty is independent in each algo. We do not claim GPU-proof only that the cost of developing ASICs for the other two non-ASIC algos (groestl and skein) will be cost prohibitive for the short to long term future. This structure means that more people (ASIC/GPU/CPU) can mine, we aim for inclusion not exclusion.

Vesting is done by block reward. The newly mined blocks need to be "vested" for a set period of time before they can be spent (details in main post).

Please reply if this is not clear. I am a programmer not a marketer.


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: SyRenity on April 17, 2014, 10:54:35 PM
3 mining algos mining currently. That means asic / cpu / gpu can all mine. For example SHA256 and skein both mine at the same time. Difficulty is independent in each algo. We do not claim GPU-proof only that the cost of developing ASICs for the other two non-ASIC algos (groestl and skein) will be cost prohibitive for the short to long term future. This structure means that more people (ASIC/GPU/CPU) can mine, we aim for inclusion not exclusion.

Vesting is done by block reward. The newly mined blocks need to be "vested" for a set period of time before they can be spent (details in main post).

Please reply if this is not clear. I am a programmer not a marketer.

Leaving mining aside (as other coins launches have proven it's contribution to final coin value is fairly minimal), can you explain how you see the vesting innovation contributing to coin value?
You don't need to be marketer for that, just explain your own vision, your pitch.


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: qiwoman on April 17, 2014, 11:01:15 PM
Do I still have time to invest this evening? I am just so tired I need a small nap now. :)


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 11:02:22 PM
3 mining algos mining currently. That means asic / cpu / gpu can all mine. For example SHA256 and skein both mine at the same time. Difficulty is independent in each algo. We do not claim GPU-proof only that the cost of developing ASICs for the other two non-ASIC algos (groestl and skein) will be cost prohibitive for the short to long term future. This structure means that more people (ASIC/GPU/CPU) can mine, we aim for inclusion not exclusion.

Vesting is done by block reward. The newly mined blocks need to be "vested" for a set period of time before they can be spent (details in main post).

Please reply if this is not clear. I am a programmer not a marketer.

Leaving mining aside (as other coins launches have proven it's contribution to final coin value is fairly minimal), can you explain how you see the vesting innovation contributing to coin value?
You don't need to be marketer for that, just explain your own vision, your pitch.

The idea is that miners have to hold their coins for a set amount of time. When they hold their coins it will be in their best interest to promote the coin, create services, ..., thus increasing its value. Even miners who mine to immediately dump will be forced to hold and promote if they are mining directly.

Of course there are some miners who will want to have their coins immediately I foresee pools like blackcoinpool to mine other coins and buy vested Futurecoins on the open market and pay out their miners immediately. This also good because it creates buy support.


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 11:18:04 PM
Do I still have time to invest this evening? I am just so tired I need a small nap now. :)

Midnight 4/18 UTC. You have approximately 25 hours as of this posting.


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: SyRenity on April 17, 2014, 11:21:13 PM
The idea is that miners have to hold their coins for a set amount of time. When they hold their coins it will be in their best interest to promote the coin, create services, ..., thus increasing its value. Even miners who mine to immediately dump will be forced to hold and promote if they are mining directly.

Of course there are some miners who will want to have their coins immediately I foresee pools like blackcoinpool to mine other coins and buy vested Futurecoins on the open market and pay out their miners immediately. This also good because it creates buy support.

Just to clarify, IPO'ers are not bound by vesting, and can basically pump and dump (in a worth case scenario) as they wish?


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: sus2134 on April 17, 2014, 11:21:54 PM
well I tell all you guys..he is the same person behind neon and edgecoin scams...don't get fooled


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 11:23:34 PM
well I tell all you guys..he is the same person behind neon and edgecoin scams...don't get fooled

I am not the same person. What do I need to do to prove that I am legit to you?


Title: Re: [PRE-ANN] [kFC] [28 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 17, 2014, 11:28:10 PM
The idea is that miners have to hold their coins for a set amount of time. When they hold their coins it will be in their best interest to promote the coin, create services, ..., thus increasing its value. Even miners who mine to immediately dump will be forced to hold and promote if they are mining directly.

Of course there are some miners who will want to have their coins immediately I foresee pools like blackcoinpool to mine other coins and buy vested Futurecoins on the open market and pay out their miners immediately. This also good because it creates buy support.

Just to clarify, IPO'ers are not bound by vesting, and can basically pump and dump (in a worth case scenario) as they wish?

IPO coins are distributed according to the phase.

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

Nothing of course can prevent investors from dumping, but I believe that this should at least give the market enough time to build support so that a dump will not affect price too much.


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: SyRenity on April 17, 2014, 11:46:21 PM
I am not the same person. What do I need to do to prove that I am legit to you?

I always suggest any new project to post real video of their new wallet / software, as it much harder to fake (granted AFAIR EDG did fake it...).


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: SyRenity on April 17, 2014, 11:48:10 PM
Furthermore, we insist that investors use escrow. We are considering covering all fees with our own money.

This will be awesome, and only cost you a small sum per investor (pending Annon136 terms of course...).
I'm still not convinced about the coin potential, but impressed by communication, and may participate if you offer this.


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 18, 2014, 12:06:45 AM
Furthermore, we insist that investors use escrow. We are considering covering all fees with our own money.

This will be awesome, and only cost you a small sum per investor (pending Annon136 terms of course...).
I'm still not convinced about the coin potential, but impressed by communication, and may participate if you offer this.

I've contacted him about this just now. We are also removing the option of direct investment, and are considering moving all currently invested coins into escrow on the behalf of our previous investors. We would like to get approval from said investors first, though.


We will release working wallet including examples of the 3 algorithm mining and block maturity after the graphics work is done. This should be online in the middle of phase 2.


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 18, 2014, 01:34:04 AM
We have contacted anon136 on the best way to cover escrow fees (out of our own pocket). We want this to be as safe as possible for the investor. We believe that this is the best way to insure everyone uses escrow.


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: satty_mutti on April 18, 2014, 12:50:16 PM
looking good, glad I invested!

and also you can move my investment to escrow.

And you have lost your investments to this scammer


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Rigimon on April 18, 2014, 05:02:38 PM
looking good, glad I invested!

and also you can move my investment to escrow.

And you have lost your investments to this scammer

We'll see if it's a scam or not. I really hope they are experienced devs and not just a bunch of kids playing around with people's money. I believe in this coin and so do a lot of others, so I don't see why would they scam anyone and not do this something big...?


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: Friedman on April 18, 2014, 08:41:55 PM
looking good, glad I invested!

and also you can move my investment to escrow.

And you have lost your investments to this scammer

You still going to insist we are scammers? We are in the process of removing direct investments and switching to mandatory escrow. We are doing everything we can to mitigate investor risk.


Title: Re: [PRE-ANN] [kFC] [4 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: pseudonymdude on April 18, 2014, 10:05:03 PM
In for phase 1 at .3 BTC

Transaction ID:
acf92aedb7acb9744af6abe66c9d50e0a04bc220309604c88512630c7d0c4450


Title: Re: [PRE-ANN] [kFC] [4 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: procrastinationtm on April 18, 2014, 10:08:26 PM
In for phase 1 at .3 BTC

Transaction ID:
acf92aedb7acb9744af6abe66c9d50e0a04bc220309604c88512630c7d0c4450

damn  :o


Title: Re: [PRE-ANN] [kFC] [2 hours left phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting -
Post by: thefuturecoin on April 18, 2014, 10:26:49 PM
This is our current investor list:

https://i.imgur.com/J4wAede.png

If you do not see yourself on here, please pm me ASAP. We will be sending out private keys soon.


Title: Re: [PRE-ANN] [kFC] [1 hour left phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting -
Post by: thefuturecoin on April 18, 2014, 11:16:46 PM
Phase 1 closes in less than one hour. Due to the public opinion over edgecoin we will be closing direct investments after this point. Escrow will be mandatory. We will cover all applicable fees. We hope to set a model for future crypto-currency IPOs.


Title: Re: [PRE-ANN] [kFC] [1 hour left phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting -
Post by: GrayPhoenix on April 18, 2014, 11:42:03 PM
Just sent a .6 btc investment to Anon136 for Phase 1

TX ID: 21315ceafde2134ff6fb648f287d27ffdf9c054c4a1d5e1016a217895cfbca93


Title: Re: [PRE-ANN] [kFC] [1 hour left phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting -
Post by: Friedman on April 19, 2014, 12:24:49 AM
Just sent a .6 btc investment to Anon136 for Phase 1

TX ID: 21315ceafde2134ff6fb648f287d27ffdf9c054c4a1d5e1016a217895cfbca93

That ends our phase 1 IPO. We have moved to mandatory escrow. We hope that other coin IPO's follow in our footsteps.


Title: Re: [PRE-ANN] [kFC] [25 hours Phase 1 IPO] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO
Post by: doge94 on April 19, 2014, 02:41:14 AM
looking good, glad I invested!

and also you can move my investment to escrow.

And you have lost your investments to this scammer

You still going to insist we are scammers? We are in the process of removing direct investments and switching to mandatory escrow. We are doing everything we can to mitigate investor risk.

Nice to see devs finally tackling the IPO scam issue on this board. I believe this is the correct direction.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: okayhowsthis on April 19, 2014, 05:08:32 AM
Wow I really shoulda invested more, can't wait to see the wallet too


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: doge94 on April 19, 2014, 03:16:41 PM
Wow I really shoulda invested more, can't wait to see the wallet too

Me too. I am excited for the launch of this coin!


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: ahmed_bodi on April 19, 2014, 04:02:26 PM
cryptopools will put up a skein pool for this coin @ kfc.cryptopools.com

Ahmed


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 19, 2014, 05:44:43 PM
cryptopools will put up a skein pool for this coin @ kfc.cryptopools.com

Ahmed

Thanks. I added your pool to the OP. Let me know if you need anything.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: Rigimon on April 19, 2014, 06:43:14 PM
As I sent only 0.0997 btc for IPO, I will practically receive a very small amount of kfcs? :(


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 19, 2014, 06:48:37 PM
As I sent only 0.0997 btc for IPO, I will practically receive a very small amount of kfcs? :(

You currently have 3.685% or 180,548.572 kFC. This will change in the future as more IPO money rolls in. You can check your ipo investment here (https://docs.google.com/spreadsheet/pub?key=0Am-P0duKerohdFRrVl9hSld4ci1ZNWNwRi15R19yM3c&single=true&gid=0&output=html)


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: doge94 on April 20, 2014, 01:23:16 AM
As I sent only 0.0997 btc for IPO, I will practically receive a very small amount of kfcs? :(

You currently have 3.685% or 180,548.572 kFC. This will change in the future as more IPO money rolls in. You can check your ipo investment here (https://docs.google.com/spreadsheet/pub?key=0Am-P0duKerohdFRrVl9hSld4ci1ZNWNwRi15R19yM3c&single=true&gid=0&output=html)

My percentage is slowly shrinking.  :'(


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: hounou1042 on April 20, 2014, 02:55:13 PM
soon finish translation??


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 20, 2014, 04:31:36 PM
Here is an update on the wallet design. Feedback appreciated!

https://i.imgur.com/Q4kDKKa.png


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: SyRenity on April 20, 2014, 04:42:36 PM
Here is an update on the wallet design. Feedback appreciated!

https://i.imgur.com/Q4kDKKa.png

Will the vesting controls be available on UI?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 20, 2014, 04:49:54 PM
Here is an update on the wallet design. Feedback appreciated!

https://i.imgur.com/Q4kDKKa.png

Will the vesting controls be available on UI?

Under transactions it will show you how long before you can spend if you have immature positions. Looks like this.

https://i.imgur.com/m5nEGXR.png


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: BeebopFive on April 20, 2014, 05:50:39 PM
Hi i'm very intrested in this project.
I'm looking forward Futurecoin.

I'm actually working on a portuguese translation of the pre-[ANN] thread
This could be done by tonight.

BeebopFive

Edit: its done. PM sent


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 20, 2014, 06:10:43 PM
Hi i'm very intrested in this project.
I'm looking forward Futurecoin.

I'm actually working on a portuguese translation of the pre-[ANN] thread
This could be done by tonight.

BeebopFive

PM me the link and I will add it OP and credit you the bounty.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: Jovann on April 20, 2014, 07:19:24 PM
Here is an update on the wallet design. Feedback appreciated!

https://i.imgur.com/Q4kDKKa.png

It kinda looks like from early 90s. Modern icons are much cooler.

Here, I desinged some new icons. If you like them - psd file - http://www.sendspace.com/file/pobsto

http://f5.s.qip.ru/FK151wbm.png


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 20, 2014, 11:08:03 PM
Here is an update on the wallet design. Feedback appreciated!

https://i.imgur.com/Q4kDKKa.png

It kinda looks like from early 90s. Modern icons are much cooler.

Here, I desinged some new icons. If you like them - psd file - http://www.sendspace.com/file/pobsto

http://f5.s.qip.ru/FK151wbm.png

That does look better. I will work on updating the design now.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: sonysasankan on April 20, 2014, 11:55:35 PM
Is there a last date on when IPO closes?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: dzarmush on April 21, 2014, 12:14:01 AM
Is there a last date on when IPO closes?

Phase 3 - 3 week block maturity - From 4/26 - 5/2.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: crimealone on April 21, 2014, 12:25:21 AM
You won't even get enough btc to bribe mintpal. Cause it's unfair for late investors. Too long maturity. People won't even get a chance to sell their coins before it's dead. Why don't you give bonus for different phase investors and reduce the maturity time? It's not the time of economic bubble and people have lost confidence in coins without great innovations. If you want to survive in this hard time, you should adjust your strategy and find out what investors and miners think.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: dzarmush on April 21, 2014, 12:52:03 AM
You won't even get enough btc to bribe mintpal. Cause it's unfair for late investors. Too long maturity. People won't even get a chance to sell their coins before it's dead. Why don't you give bonus for different phase investors and reduce the maturity time? It's not the time of economic bubble and people have lost confidence in coins without great innovations. If you want to survive in this hard time, you should adjust your strategy and find out what investors and miners think.

Then be early investor. What's the problem?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 21, 2014, 02:55:53 AM
You won't even get enough btc to bribe mintpal. Cause it's unfair for late investors. Too long maturity. People won't even get a chance to sell their coins before it's dead. Why don't you give bonus for different phase investors and reduce the maturity time? It's not the time of economic bubble and people have lost confidence in coins without great innovations. If you want to survive in this hard time, you should adjust your strategy and find out what investors and miners think.

We have plenty of positive feedback. We only promise what we can deliver.

Maturity is essential to the long term success of the coin. If more people invest in later phases then phase 1 investors will get a lower share. I believe that this is a fair way to distribute these coins. If the current investors want something changed I would be more than happy to change it however changing things now would be unfair.

It seems that all you do is criticize coins because you did not get in on the ground floor. If you do not like this coin please do not invest.

We want to restore confidence in IPO coins because they generally last longer and have more support. We want to break the bad image caused by stackcoin and edgecoin.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: strideknight on April 21, 2014, 06:22:40 AM
How is this anything other than an inferior clone of Myriad with a scammy IPO?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 11:49:57 AM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 12:00:36 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 21, 2014, 07:21:20 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 07:52:01 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 08:22:02 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 08:27:36 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 21, 2014, 08:47:08 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



There were no pools. The point remains that lots of people who wanted to mine couldnt during launch.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 09:11:26 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



There were no pools. The point remains that lots of people who wanted to mine couldnt during launch.

The first pool was available less than an hour after launch. So your only complaint is that you couldn't insta-mine within the first hour. With the quick difficulty adjustment, instamining was also limited.

You could also solo-mine perfectly well for the first couple of days.

Well, good luck with your pre-mined, pre-sold IPO, clone-coin. Just try to keep the lying and FUD about Myriadcoin to a minimum.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 09:17:08 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?



3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



There were no pools. The point remains that lots of people who wanted to mine couldnt during launch.

The first pool was available less than an hour after launch. So your only complaint is that you couldn't insta-mine within the first hour. With the quick difficulty adjustment, instamining was also limited.

You could also solo-mine perfectly well for the first couple of days.

Well, good luck with your pre-mined, pre-sold IPO, clone-coin. Just try to keep the lying and FUD about Myriadcoin to a minimum.


no thanks

if myriad slogan is fair mining

why first 2 weeks were completely not fair mining? dev did not do enough to promote equal mining on all algo and smart user take advantage. i am 90% of qubit hashrate for first 3 days. skein/groestl someone compile gpu miner and no release.

besides myriad shit talk came here first.

i will shit talk back cuz i like the idea of this coin.



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 21, 2014, 09:21:30 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?


3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



There were no pools. The point remains that lots of people who wanted to mine couldnt during launch.

The first pool was available less than an hour after launch. So your only complaint is that you couldn't insta-mine within the first hour. With the quick difficulty adjustment, instamining was also limited.

You could also solo-mine perfectly well for the first couple of days.

Well, good luck with your pre-mined, pre-sold IPO, clone-coin. Just try to keep the lying and FUD about Myriadcoin to a minimum.


Not for all the algos. I will even support my claim with evidence.

https://bitcointalk.org/index.php?topic=483515.msg5337656#msg5337656
https://bitcointalk.org/index.php?topic=483515.msg5360183#msg5360183
https://bitcointalk.org/index.php?topic=483515.msg5368605#msg5368605

These were all posted 1-2 days after launch.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 09:22:38 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?



3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



There were no pools. The point remains that lots of people who wanted to mine couldnt during launch.

The first pool was available less than an hour after launch. So your only complaint is that you couldn't insta-mine within the first hour. With the quick difficulty adjustment, instamining was also limited.

You could also solo-mine perfectly well for the first couple of days.

Well, good luck with your pre-mined, pre-sold IPO, clone-coin. Just try to keep the lying and FUD about Myriadcoin to a minimum.


no thanks

if myriad slogan is fair mining

why first 2 weeks were completely not fair mining? dev did not do enough to promote equal mining on all algo and smart user take advantage. i am 90% of qubit hashrate for first 3 days. skein/groestl someone compile gpu miner and no release.

besides myriad shit talk came here first.

i will shit talk back cuz i like the idea of this coin.

So you moan about the first two weeks of Myriad mining (which was open to all), but you support a coin with more than 2 weeks worth of mining PRE-MINED. Lol.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 09:23:47 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?



3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



There were no pools. The point remains that lots of people who wanted to mine couldnt during launch.

The first pool was available less than an hour after launch. So your only complaint is that you couldn't insta-mine within the first hour. With the quick difficulty adjustment, instamining was also limited.

You could also solo-mine perfectly well for the first couple of days.

Well, good luck with your pre-mined, pre-sold IPO, clone-coin. Just try to keep the lying and FUD about Myriadcoin to a minimum.


no thanks

if myriad slogan is fair mining

why first 2 weeks were completely not fair mining? dev did not do enough to promote equal mining on all algo and smart user take advantage. i am 90% of qubit hashrate for first 3 days. skein/groestl someone compile gpu miner and no release.

besides myriad shit talk came here first.

i will shit talk back cuz i like the idea of this coin.

So you moan about the first two weeks of Myriad mining (which was open to all), but you support a coin with more than 2 weeks worth of mining PRE-MINED. Lol.


it was not open to all? r u stupid? in theory it was open to all but only a few poeple had softawre to mine the new algos


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 09:24:47 PM
How is this anything other than an inferior clone of Myriad with a scammy IPO?

how they are going to scam? only escrow

myriad most unfair launch ever

Myriad had 0% pre-mine and and had pre-announcement (admittedly it was short). Wallets and source code on launch. You can still mine Myriad because of the slow distribution. How is that the "most unfair launch ever"?



3 out of the 5 algos did not have optimized miners on launch. Pools did also not exist for these algos so only people with enough hashpower could mine these algos on launch. The launch heavily favored people with large rigs and people who know how to make GPU miners. Lack of stable and reliable pools at launch meant that people solo mining less popular algos made much more than people who did not.

Untrue. 4 of the 5 algos had optimised miners (Skein and Qubit already had GPU miners).



they werent compiled i know a guy that mined 4 millino cuz he dominated skein and groestl and qubit in like 2 days.

They were compiled for weeks/months before. You could use the miners from Skeincoin and Qubitcoin.



There were no pools. The point remains that lots of people who wanted to mine couldnt during launch.

The first pool was available less than an hour after launch. So your only complaint is that you couldn't insta-mine within the first hour. With the quick difficulty adjustment, instamining was also limited.

You could also solo-mine perfectly well for the first couple of days.

Well, good luck with your pre-mined, pre-sold IPO, clone-coin. Just try to keep the lying and FUD about Myriadcoin to a minimum.


no thanks

if myriad slogan is fair mining

why first 2 weeks were completely not fair mining? dev did not do enough to promote equal mining on all algo and smart user take advantage. i am 90% of qubit hashrate for first 3 days. skein/groestl someone compile gpu miner and no release.

besides myriad shit talk came here first.

i will shit talk back cuz i like the idea of this coin.

So you moan about the first two weeks of Myriad mining (which was open to all), but you support a coin with more than 2 weeks worth of mining PRE-MINED. Lol.


it was not open to all? r u stupid? in theory it was open to all but only a few poeple had softawre to mine the new algos

Untrue. The skein and qubit miners were available for months.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 09:25:53 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: foodies123 on April 21, 2014, 09:28:13 PM
there's a difference between fair mining and distribution and spoonfeeding everyone. there were enough resources for everyone to mine with a fair chance.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 09:28:22 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: foodies123 on April 21, 2014, 09:29:34 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

I was in early myr and I mined both skein and groestl withing minutes of launch. with only the instructions in OP and the search function on the forum.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 21, 2014, 09:31:43 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


Pools were not up for days.

See
https://bitcointalk.org/index.php?topic=483515.msg5337656#msg5337656
https://bitcointalk.org/index.php?topic=483515.msg5360183#msg5360183
https://bitcointalk.org/index.php?topic=483515.msg5368605#msg5368605

These were all posted 1-2 days after launch.

I really do not want to get into a fourm argument. My point is that pools were not available. In the interest of promoting sensible and unmoderated discussion I will try to say out of this argument from now on.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 09:32:19 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

I was in early myr and I mined both skein and groestl withing minutes of launch. with only the instructions in OP and the search function on the forum.

and how much did you get? probably a lot more than the scrypt/sha256 miners

cuz there were a lot fewer miners. cuz there was no win compile. only source. unfair.



Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


so for linux miners only

no win compile



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 09:34:19 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


Pools were not up for days.

See
https://bitcointalk.org/index.php?topic=483515.msg5337656#msg5337656
https://bitcointalk.org/index.php?topic=483515.msg5360183#msg5360183
https://bitcointalk.org/index.php?topic=483515.msg5368605#msg5368605

These were all posted 1-2 days after launch.

I really do not want to get into a fourm argument. My point is that pools were not available. In the interest of promoting debate I will try to say out of this argument from now on.

2 days of solo-mining is a tiny fraction of all coins, and people were very successfully solo-mining the first 2 days.

2 days is nothing compared to the pre-mine of this coin.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 09:35:22 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

I was in early myr and I mined both skein and groestl withing minutes of launch. with only the instructions in OP and the search function on the forum.

and how much did you get? probably a lot more than the scrypt/sha256 miners

cuz there were a lot fewer miners. cuz there was no win compile. only source. unfair.



Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


so for linux miners only

no win compile



Untrue again. Just read a few posts later (still MONTHS BEFORE myriad), you'll see there was windows binaries too.



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 09:35:50 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


Pools were not up for days.

See
https://bitcointalk.org/index.php?topic=483515.msg5337656#msg5337656
https://bitcointalk.org/index.php?topic=483515.msg5360183#msg5360183
https://bitcointalk.org/index.php?topic=483515.msg5368605#msg5368605

These were all posted 1-2 days after launch.

I really do not want to get into a fourm argument. My point is that pools were not available. In the interest of promoting debate I will try to say out of this argument from now on.

2 days of solo-mining is a tiny fraction of all coins, and people were very successfully solo-mining the first 2 days.

2 days is nothing compared to the pre-mine of this coin.


except for it was more like on the order of 2 fucking weeks before the amoutn of miners were even close on each algo!

and then there were shitty pools that had like all the hashrate on skein and no others


if there were win binaries why werne't they linked on the op? only source for mienrs were and this was true for a long time



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: AfrikaMan on April 21, 2014, 09:36:51 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


Pools were not up for days.

See
https://bitcointalk.org/index.php?topic=483515.msg5337656#msg5337656
https://bitcointalk.org/index.php?topic=483515.msg5360183#msg5360183
https://bitcointalk.org/index.php?topic=483515.msg5368605#msg5368605

These were all posted 1-2 days after launch.

I really do not want to get into a fourm argument. My point is that pools were not available. In the interest of promoting debate I will try to say out of this argument from now on.

2 days of solo-mining is a tiny fraction of all coins, and people were very successfully solo-mining the first 2 days.

2 days is nothing compared to the pre-mine of this coin.


except for it was more like on the order of 2 fucking weeks before the amoutn of miners were even close on each algo!

and then there were shitty pools that had like all the hashrate on skein and no others



It's irrelevant.

It's still nothing compared to this pre-mine.

It's still nothing compared to the total coins that will be produced.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: procrastinationtm on April 21, 2014, 09:38:28 PM


Untrue. The skein and qubit miners were available for months.


no they fucking werent

people didnt even know HOW to mine skein/qubit/groestl

it only got popularized AFTER it got instamined

Nonsense. Here's the thread explaining how to mine skein, 3 months BEFORE myriad.

https://bitcointalk.org/index.php?topic=322828.msg4092927;topicseen#msg4092927

Same for Qubit, go look it up.


Pools were not up for days.

See
https://bitcointalk.org/index.php?topic=483515.msg5337656#msg5337656
https://bitcointalk.org/index.php?topic=483515.msg5360183#msg5360183
https://bitcointalk.org/index.php?topic=483515.msg5368605#msg5368605

These were all posted 1-2 days after launch.

I really do not want to get into a fourm argument. My point is that pools were not available. In the interest of promoting debate I will try to say out of this argument from now on.

2 days of solo-mining is a tiny fraction of all coins, and people were very successfully solo-mining the first 2 days.

2 days is nothing compared to the pre-mine of this coin.


except for it was more like on the order of 2 fucking weeks before the amoutn of miners were even close on each algo!

and then there were shitty pools that had like all the hashrate on skein and no others



It's irrelevant.

It's still nothing compared to this pre-mine.

It's still nothing compared to the total coins that will be produced.


premine for ipo. ok maybe it is for investor to get interest in coin (i still dont know about ipo this is my first one). which helps promote coin. unlike myriad, who send criminal to represent them in BRAZIL and dev had no team to help promo coin in first few weeks (although now he does kudos to neuromode who looks pretty smart and foodies who is something).

units are arbitrary.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: Rigimon on April 21, 2014, 09:43:01 PM
Please discuss about futurecoin for a while


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: foodies123 on April 21, 2014, 10:03:50 PM
equality is giving everyone an equal chance not an equal result.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: dzarmush on April 21, 2014, 11:38:11 PM
2 days is nothing compared to the pre-mine of this coin.

Premine is not always a bad thing. It is only bad when devs keep premined coins to themselfes. If coins are used for bounties or sold on IPO it's absilutely normal. If you only want to mine zero premined coins then go for it. What the fuck are you doing in this thread? I don't care about coins which could only be mined because I don't have a miner and I don't want one. There are thousands people with no miners and we need such coins.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 22, 2014, 12:15:13 AM
equality is giving everyone an equal chance not an equal result.

Not everyone has intimate experience with linux and compiling. You could say bitcoin mining is equal because anyone has an chance to buy/develop an ASIC. Obviously the high barrier to entry prevents this.


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: HCLivess on April 22, 2014, 12:38:36 AM
Didn't myriad have an awful launch? How are you going to do better?

Either way I'll be keeping my eye on this coin

The main problems I see with that launch are as follows.

1. No pre-ann
2. Lack of reliable pools on launch
3. Lack of compiled miners on launch
4. Lack of buy support
5. Lack of reliable nodes on launch

I believe that we have solved these problems.

so the big dump starts only 2 weeks after the mining, big whoop.

By the time the first coins come out people more people will be holding non mature coins. These people should be promoting the coin and creating a stable price. Dumping is a problem faced by almost every coin but having a large base of people vested in the success of the coin combined with built up buy support on the exchanges before the first coins come out should mitigate this effect.


Myriad had a great launch, what is your fucking problem, forgot to buy train tickets?  >:(


Title: Re: [PRE-ANN] Futurecoin [FC] - Multi algorithm - Dynamic Block Maturity - IPO
Post by: procrastinationtm on April 22, 2014, 01:04:21 AM
Didn't myriad have an awful launch? How are you going to do better?

Either way I'll be keeping my eye on this coin

The main problems I see with that launch are as follows.

1. No pre-ann
2. Lack of reliable pools on launch
3. Lack of compiled miners on launch
4. Lack of buy support
5. Lack of reliable nodes on launch

I believe that we have solved these problems.

so the big dump starts only 2 weeks after the mining, big whoop.

By the time the first coins come out people more people will be holding non mature coins. These people should be promoting the coin and creating a stable price. Dumping is a problem faced by almost every coin but having a large base of people vested in the success of the coin combined with built up buy support on the exchanges before the first coins come out should mitigate this effect.


Myriad had a great launch, what is your fucking problem, forgot to buy train tickets?  >:(

>:(
>:(
>:(

keep bringing up how myriad is so much better it will make your coin look really good

people like u have no idea what myriad was like in the beginning and/or are too delusaional to fucking realize the problems just look at the last page of arguement and u will see both sides hashed out pretty clearly althought he fact that there needs to be sides doesnt speak well for myriad and it's "equal mining" like im not even THAT interested in this coin but the amount of myriad assholes coming in here and starting shit is disgusting



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: sonysasankan on April 22, 2014, 05:15:32 AM
equality is giving everyone an equal chance not an equal result.

Not everyone has intimate experience with linux and compiling. You could say bitcoin mining is equal because anyone has an chance to buy/develop an ASIC. Obviously the high barrier to entry prevents this.

That's true. But if im not mistaken, the windows miners were all available right? Compiled EXEs I mean. Or did they only come out much later?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: mckeo5514 on April 22, 2014, 06:18:09 AM
is there a minimum investment?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: BeebopFive on April 22, 2014, 10:37:49 AM
Translation of pre[ANN] thread in Portuguese is done.
Did you get my PM thefuturecoin?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 22, 2014, 09:07:26 PM
is there a minimum investment?

No.

Translation of pre[ANN] thread in Portuguese is done.
Did you get my PM thefuturecoin?

Yes I am adding now.

That's true. But if im not mistaken, the windows miners were all available right? Compiled EXEs I mean. Or did they only come out much later?

I do believe that some miners were not easily accessible/did not exist. Though I should let someone more knowledgeable answer this.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: Sanglotslongs on April 23, 2014, 04:14:00 PM
When is the next IPO phase ? Can I invest now ?

(sorry I dont see this information on OP and don't have time to read all post)


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 23, 2014, 07:33:47 PM
When is the next IPO phase ? Can I invest now ?

(sorry I dont see this information on OP and don't have time to read all post)

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2


We are in phase 2 now.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: jerry1982 on April 24, 2014, 12:09:06 AM
Is there a dynamically updated list of the IPO investors contribution and how much FC their investment is worth, etc?


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: fush on April 24, 2014, 12:10:26 AM
SCAM


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 24, 2014, 12:19:10 AM
Is there a dynamically updated list of the IPO investors contribution and how much FC their investment is worth, etc?

We are doing escrow so this is a bit hard. The spreadsheet is updated very regularly and you should use that to find ipo distribution.

SCAM

How is this a scam? We are escrow only.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: pandas_talks on April 24, 2014, 11:13:00 AM
мы пaдaeм oбpaтнo в cтapыe кopни SHA256
Russian translation is just hillarious  :D Did you pay Google for it? :D


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: SyRenity on April 24, 2014, 01:08:29 PM
мы пaдaeм oбpaтнo в cтapыe кopни SHA256
Russian translation is just hillarious  :D Did you pay Google for it? :D

Indeed, hope you have not paid any kFC for that.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: farvali on April 24, 2014, 06:57:06 PM
yep, I'm in


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: precrime3 on April 24, 2014, 07:02:33 PM
Seems interesting, mandatory IPO sure to attract a lot of people :)


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|1 DAY Phase 2
Post by: thefuturecoin on April 24, 2014, 08:55:22 PM
yep, I'm in

PM me when you invest so I can add you to the list.

Seems interesting, mandatory IPO sure to attract a lot of people :)

Thanks!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|1 DAY Phase 2
Post by: Gologuzan on April 24, 2014, 09:05:03 PM
is sending money for IPO option?
or am i late?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|1 DAY Phase 2
Post by: thefuturecoin on April 24, 2014, 09:16:39 PM
is sending money for IPO option?

Send BTC to our official IPO escrow address [Anon136]: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: pandas_talks on April 24, 2014, 09:28:56 PM
мы пaдaeм oбpaтнo в cтapыe кopни SHA256
Russian translation is just hillarious  :D Did you pay Google for it? :D

Indeed, hope you have not paid any kFC for that.
that boy is now trolling and spamming me.. jeez


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: noegzit on April 24, 2014, 09:43:32 PM
I'm off.
Well in fact I was never in.

MYR clone without excellent MYR devs, without  scrypt and Qubit but with Premine, IPO, and last but not least, negative feedbacks from futurecoin about MYR ???
Is it a joke?
Is it a scam?
Why newbie status? 
Previous nickname had too much "trade with extreme caution"?

Using an escrow doesn't change many things if futurecoin's purpose is to dump his coins ASAP and anyway most of investors didn't use an escrow...

I want to propose new names for kFC cause I dislike the junk food reference (Yes I know, I read the whole thread, it's k like kilo not K like Kentucky) :

nSC = new stackcoin
nSC = new shitcoin
nSC = new scam coin
nEDG = new edge coin
nFC = no future coin

I do like the last one.


















Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 24, 2014, 09:58:21 PM
I'm off.
Well in fact I was never in.

MYR clone without excellent MYR devs, without  scrypt and Qubit but with Premine, IPO, and last but not least, negative feedbacks from futurecoin about MYR ???


I did not want to create an argument. It was myriadcoin supporters who came to our thread to attempt to provoke an argument. Almost every coin is a clone of bitcoin, by building upon the works of others we can improve and learn. Somebody could argue that myriadcoin is a "Bitcoin clone without excellent Bitcoin devs".


Is it a joke?
Is it a scam?
Why newbie status?  
Previous nickname had too much "trade with extreme caution"?

Yes we created a new account for the coin. Is this unusual?


Using an escrow doesn't change many things if futurecoin's purpose is to dump his coins ASAP and anyway most of investors didn't use an escrow...

I have no coins to dump. They will be distributed to IPO investors. Majority of investments are in escrow.

I want to propose new names for kFC cause I dislike the junk food reference (Yes I know, I read the whole thread, it's k like kilo not K like Kentucky) :

nSC = new stackcoin
nSC = new shitcoin
nSC = new scam coin
nEDG = new edge coin
nFC = no future coin

I do like the last one.

Seriously you are going to attack the name (http://en.wikipedia.org/wiki/Ad_hominem)?


Also to all myriadcoin fanatics I would politely ask you to refrain from posting unless you have something constructive to add. These arguments that Futurecoin is simply a "clone" is hypocritical at best as most cryptocurrencys are "clones" of bitcoin, we want to build off the ideas of others rather than accusing others of scamming.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|1 DAY Phase 2
Post by: Gologuzan on April 24, 2014, 10:20:26 PM
is sending money for IPO option?

Send BTC to our official IPO escrow address [Anon136]: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x



tid:

088fce340db7512895b572356de288dbbb28457fc4703fb0c2b0f24343ebe943


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|1 DAY Phase 2
Post by: thefuturecoin on April 24, 2014, 10:33:27 PM
is sending money for IPO option?

Send BTC to our official IPO escrow address [Anon136]: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x



tid:

088fce340db7512895b572356de288dbbb28457fc4703fb0c2b0f24343ebe943

Thank you for investing. I have added you to the list. You will have to contact anon136 closer to launch to release coins.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|1 DAY Phase 2
Post by: PondSea on April 24, 2014, 11:02:26 PM
Please for the love of jebus have everything running smooth at launch!!!!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|1 DAY Phase 2
Post by: thefuturecoin on April 25, 2014, 02:38:07 AM
Please for the love of jebus have everything running smooth at launch!!!!

Don't worry we have everything ready.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|5 Hours Phase 2
Post by: thefuturecoin on April 25, 2014, 07:11:03 PM
Phase 2 ends in about 5 hours!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|3 Hours Phase 2
Post by: procrastinationtm on April 25, 2014, 09:23:38 PM
looking good!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|2 Hours Phase 2
Post by: helolo on April 25, 2014, 10:13:43 PM
how do i get the coins after investment is sent to escrow? who has the investor informataion?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|2 Hours Phase 2
Post by: thefuturecoin on April 25, 2014, 10:54:51 PM
how do i get the coins after investment is sent to escrow? who has the investor informataion?

You send us information then send bitcoins to anon136. On launch you tell anon136 to release funds and we will send you the coins.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|15 Min Phase 2!
Post by: thefuturecoin on April 25, 2014, 11:45:21 PM
phase 2 is about to end!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: okayhowsthis on April 26, 2014, 03:54:50 AM
Sheesh people sure have a lot of time to spend trashing this coin when its more legit looking than 90% of all the other coins out there


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|15 Min Phase 2!
Post by: thefuturecoin on April 26, 2014, 05:29:48 AM
phase 2 is about to end!

Let's see - Why is this a scam?

- I'd bet BTC that the Wallet is a PS - a little better looking then EdgeCoin but still PS'd
(How does the Wallet know it's 42 hours behind if it's not connected to any Nodes? - Page 10 Post 185)

- They have NO webpage - duh

- They are using Gmail for e-mail - duh

- Anon136 was aware the EdgeCoin was a scam - don't believe me? Read this.
https://bitcointalk.org/index.php?topic=540017.msg6291208#msg6291208
And scroll down to the Quote labeled: Quote from: Din on March 22, 2014, 01:05:33 AM
In fact you should read the whole thing.

- Block Explorers will NEVER be listed

- I'd bet BTC one of the "pool" to be listed will be www.fkc.okaypool.com
They seem to be involved every time I find another scam IPO
WOW!!! - what da ya know.... - the link ACTUALLY WORKS!!!!
WHOLLY SHIT ! ! ! ! FUCKING SCAM !!!

SCAM - SCAM - SCAM - SCAM !!!!
It's a FUCKING SCAM ! ! !

You believe it is a scam?
I will bet you 2btc its not. Please put your money where your mouth is. I will transfer to an agreed escrow.



Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: Loreto on April 26, 2014, 06:17:10 AM
Anagrams for this SCAM COIN: Futurecoin
So much butthurt! If you're fucked up with shit edgecoin - it's your fault. Take your shit from this topic and GTFO.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|15 Min Phase 2!
Post by: jibble on April 26, 2014, 09:03:10 AM
phase 2 is about to end!

Let's see - Why is this a scam?

- I'd bet BTC that the Wallet is a PS - a little better looking then EdgeCoin but still PS'd
(How does the Wallet know it's 42 hours behind if it's not connected to any Nodes? - Page 10 Post 185)

- They have NO webpage - duh

- They are using Gmail for e-mail - duh

- Anon136 was aware the EdgeCoin was a scam - don't believe me? Read this.
https://bitcointalk.org/index.php?topic=540017.msg6291208#msg6291208
And scroll down to the Quote labeled: Quote from: Din on March 22, 2014, 01:05:33 AM
In fact you should read the whole thing.

- Block Explorers will NEVER be listed

- I'd bet BTC one of the "pool" to be listed will be www.fkc.okaypool.com
They seem to be involved every time I find another scam IPO
WOW!!! - what da ya know.... - the link ACTUALLY WORKS!!!!
WHOLLY SHIT ! ! ! ! FUCKING SCAM !!!

SCAM - SCAM - SCAM - SCAM !!!!
It's a FUCKING SCAM ! ! !

ROFL you really are a complete fucking retard , and look here is proof http://www.mangledblueisaretard.okaypool.com/ - the link ACTUALLY WORKS!!!! WHOLLY SHIT ! ! ! ! FUCKING RETARD


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow|15 Min Phase 2!
Post by: Sanglotslongs on April 26, 2014, 11:16:56 AM


- Anon136 was aware the EdgeCoin was a scam - don't believe me? Read this.
https://bitcointalk.org/index.php?topic=540017.msg6291208#msg6291208
And scroll down to the Quote labeled: Quote from: Din on March 22, 2014, 01:05:33 AM
In fact you should read the whole thing.
Anon136 refund my investment, it's an honest guy. And I check the conversation and any message say that Anon136 was awate that Edgecoin was a scam.


Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: noegzit on April 26, 2014, 07:14:10 PM

I want to propose new names for kFC cause I dislike the junk food reference (Yes I know, I read the whole thread, it's k like kilo not K like Kentucky) :

nSC = new stackcoin
nSC = new shitcoin
nSC = new scam coin
nEDG = new edge coin
nFC = no future coin

I do like the last one.

Seriously you are going to attack the name (http://en.wikipedia.org/wiki/Ad_hominem)?


Also to all myriadcoin fanatics I would politely ask you to refrain from posting unless you have something constructive to add. These arguments that Futurecoin is simply a "clone" is hypocritical at best as most cryptocurrencys are "clones" of bitcoin, we want to build off the ideas of others rather than accusing others of scamming.




I think you misunderstood my purpose. Read again "I want to propose new names for kFC cause I dislike the junk food reference" so it was certainly not an attack "against the name"...just a few propositions to help you to find a more accurate name, a one that our brain couldn't associate to some kind of junk coin.

I will just concede that these propositions may eventually sound  like a warning.



Title: Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - Safe IPO - Mandatory Escro
Post by: thefuturecoin on April 26, 2014, 11:52:22 PM

I want to propose new names for kFC cause I dislike the junk food reference (Yes I know, I read the whole thread, it's k like kilo not K like Kentucky) :

nSC = new stackcoin
nSC = new shitcoin
nSC = new scam coin
nEDG = new edge coin
nFC = no future coin

I do like the last one.

Seriously you are going to attack the name (http://en.wikipedia.org/wiki/Ad_hominem)?


Also to all myriadcoin fanatics I would politely ask you to refrain from posting unless you have something constructive to add. These arguments that Futurecoin is simply a "clone" is hypocritical at best as most cryptocurrencys are "clones" of bitcoin, we want to build off the ideas of others rather than accusing others of scamming.




I think you misunderstood my purpose. Read again "I want to propose new names for kFC cause I dislike the junk food reference" so it was certainly not an attack "against the name"...just a few propositions to help you to find a more accurate name, a one that our brain couldn't associate to some kind of junk coin.

I will just concede that these propositions may eventually sound  like a warning.



We are trying to avoid everything that stackcoin and edgecoin did wrong. I believe that you are trying to imply that we are a scam. We have voluntarily removed direct investment. What else can we do to prove that we are not a scam?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: thefuturecoin on April 27, 2014, 02:58:17 AM
Quote
Let's see multiple screenshots of the entire Wallet - and not in 2-3 days so you have time to PS each one
I will do one better. Here is a video. https://www.youtube.com/watch?v=KZI7alHCHO4

Quote
They are using Gmail for e-mail - duh
Gmail is simply the best email service out there. Their spam tools and filtering/folders is simply the best. Running email servers is a HUGE hassle. Also integrates with things like google chat which lots of people use.

Quote
Get a real webpage setup or release an address to the one you don't have
Will be up after launch. We want to ensure a smooth launch first before we get into cosmetics.

Quote
(How does the Wallet know it's 42 hours behind if it's not connected to any Nodes? - Page 10 Post 185)
The genesis block has a timestamp. Like every other coin out there.


Quote
- I'd bet BTC that the Wallet is a PS - a little better looking then EdgeCoin but still PS'd
You better live up to this bet or you are no better than the other scammers. I would love to get some free BTC  :) but I do suspect that you are just saying things.

Anything else?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: Loreto on April 27, 2014, 06:12:03 AM
When wallet will be available to download?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: 7854587 on April 27, 2014, 06:27:55 AM
CUDA?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: Loreto on April 27, 2014, 05:32:59 PM

https://i.imgur.com/6UNL6SD.png

Password’d download links will be posted 1 week before release to ensure a smooth and timely launch. We will already have seed nodes running in the US, Asia, and Europe.

Windows Wallet:
Linux Wallet:
Source:
5 days untill release, when we get download links?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: thefuturecoin on April 27, 2014, 08:42:37 PM
We are considering doing a beta. Would anyone be interested?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|Safe IPO|Mandatory Escrow
Post by: thefuturecoin on April 27, 2014, 11:56:32 PM
We are considering doing a beta. Would anyone be interested?

Looks like something else is also in beta......


https://i.imgur.com/8XnQbBx.png (http://www.shitcoins.info)


CONGRATULATION! This SHITCOIN

 will be added to the shitlist!

Out of arguments? Resorting to name calling? You are the problem, not these so called "shitcoins". Please form a reasonable coherent argument before you just call everything a "shitcoin".

Quote
- I'd bet BTC that the Wallet is a PS - a little better looking then EdgeCoin but still PS'd
Also you going to pay up? Or is this just you making false promises just like the coins you criticize?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Exchanges|Pools
Post by: DeeSome on April 28, 2014, 12:12:26 AM
What happened to the wallet?
Also a block explorer ready at launch would be good for reputation of devs vis-à-vis transparency.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Exchanges|Pools
Post by: thefuturecoin on April 28, 2014, 12:39:21 AM
What happened to the wallet?
Also a block explorer ready at launch would be good for reputation of devs vis-à-vis transparency.
Its been up. Passwords released on launch.

Windows Wallet:

Download: https://mega.co.nz/#!9ZslCbRK!2mUB4YgMQHQVWiWbrpcz1Tzf8Kui2qxlC4TIW34j7LY
Virus scan: https://www.virustotal.com/en/file/7cb702397802c73a3847d31c5d8b9c49d76e2f92822ca85543a65adfec9a4e74/analysis/1398629341/


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: procrastinationtm on April 28, 2014, 02:47:57 PM
What happened to the wallet?
Also a block explorer ready at launch would be good for reputation of devs vis-à-vis transparency.
Its been up. Passwords released on launch.

Windows Wallet:

Download: https://mega.co.nz/#!9ZslCbRK!2mUB4YgMQHQVWiWbrpcz1Tzf8Kui2qxlC4TIW34j7LY
Virus scan: https://www.virustotal.com/en/file/7cb702397802c73a3847d31c5d8b9c49d76e2f92822ca85543a65adfec9a4e74/analysis/1398629341/

thanks  ::)


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: TheCoinFinder on April 29, 2014, 11:55:03 AM
HashHarder will be supporting this coin from launch

We will be running SHA, Skein and (hopefully) Groestl pools for the coin (if we can get our hands on the damn hash code :P)

I like where this coin is heading.

We are thinking of adding in direct-to-wallet mining for the immature coins if we believe there is sufficient support for this.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: k!lowatts on April 29, 2014, 12:06:09 PM
Is it worth mining the coins when every one keeps shouting scam?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: crazyearner on April 29, 2014, 12:22:01 PM
Is it worth mining the coins when every one keeps shouting scam?

That is your own choice to mine it or not. But last time this sort of thing happened when TRC was starting out people where shouting all the same then it sky rocketed in price and leveled out. Ill let you decided on what to do but with any coin that comes along might as well mine it for a short time and hold them and if it makes it to places and exchanges then maybe been worth while, or could go the other way and its just another useless coin.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: Nthused on April 29, 2014, 12:26:12 PM
Seems Legit, Will mine all Algo's on launch with all Devices.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: guotao on April 29, 2014, 12:44:38 PM
What's the purpose of such long maturity times for mined blocks?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: LTCMAXMYR on April 29, 2014, 01:00:25 PM
i will mine this long mature fucking  shit coin!!!!!!!!!!!!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: DeeSome on April 29, 2014, 08:28:17 PM
Is it worth mining the coins when every one keeps shouting scam?

In my opinion it depends if wallet works for everyone without needing to be a coder and if there is a block explorer so it can be seen as a fair launch.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|Downloads!
Post by: thefuturecoin on April 29, 2014, 08:58:06 PM
HashHarder will be supporting this coin from launch

We will be running SHA, Skein and (hopefully) Groestl pools for the coin (if we can get our hands on the damn hash code :P)

I like where this coin is heading.

We are thinking of adding in direct-to-wallet mining for the immature coins if we believe there is sufficient support for this.

PM me and let me know what you need.

Is it worth mining the coins when every one keeps shouting scam?

In my opinion it depends if wallet works for everyone without needing to be a coder and if there is a block explorer so it can be seen as a fair launch.

We are releasing the already compiled windows wallet including gpu/cpu miners for each algo. If there is sufficient demand for an OSX wallet, we will supply one as well.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 3 DAYS!
Post by: procrastinationtm on April 30, 2014, 02:50:54 PM
im excited for launch  ;D ;D ;D


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: PondSea on April 30, 2014, 10:00:50 PM
Good luck for launch. Guys all I can say is make sure the wallets work on launch....also please launch ot on the dot. Stuffing that up can be the difference between a good and shot coin.

Also just to confirm pools for sha256 will be available on launch?

How will sha256 hashing compared to gpu hashing?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on April 30, 2014, 10:11:50 PM
Where are the wallet pics?
https://bitcointalk.org/index.php?topic=565610.msg6310884#msg6310884

Good luck for launch. Guys all I can say is make sure the wallets work on launch....also please launch ot on the dot. Stuffing that up can be the difference between a good and shot coin.

Also just to confirm pools for sha256 will be available on launch?

How will sha256 hashing compared to gpu hashing?

sha256 will get 1/3 and groestl and skein will get 2/3.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: Crash95 on April 30, 2014, 11:13:07 PM
I'm ok for 0.1 in IPO.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on April 30, 2014, 11:45:03 PM
I'm ok for 0.1 in IPO.

PM me the txid and I will add you to list.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on May 01, 2014, 12:23:56 AM
I added a countdown to the OP.

http://gifcountdown.com/america-new_york/1399046400/141414/0f0f0f/aaaaaa/fdfdfd/faedad/true/counter.gif


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on May 01, 2014, 01:26:55 AM
Where are the wallet pics?
https://bitcointalk.org/index.php?topic=565610.msg6310884#msg6310884

Good luck for launch. Guys all I can say is make sure the wallets work on launch....also please launch ot on the dot. Stuffing that up can be the difference between a good and shot coin.

Also just to confirm pools for sha256 will be available on launch?

How will sha256 hashing compared to gpu hashing?

sha256 will get 1/3 and groestl and skein will get 2/3.

You're gonna have to show more pictures than that. A video would be cool.

https://www.youtube.com/watch?v=KZI7alHCHO4


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: Loreto on May 01, 2014, 05:36:39 AM
Did i need setup different wallets to mine solo sha256 and skein, or i can mine solo on one wallet?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on May 01, 2014, 12:18:24 PM
Did i need setup different wallets to mine solo sha256 and skein, or i can mine solo on one wallet?

You will be able to solo mine on the one wallet.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on May 01, 2014, 08:44:08 PM
We are in the proceedings of returning accidental transaction:
https://blockchain.info/tx/b0b927fbcaa689a30d5758b54d8fc5c01bf8a2f0b78f86dd5dc85d5b4c2ad0a6

from the direct wallet to an investor.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: czvezda on May 01, 2014, 09:08:39 PM
http://pool.mn/Themes/Dilber/images/theme/logo.png (http://fc.pool.mn)

supported algo: Skein

Please, consider adding our pool to the pool list


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on May 01, 2014, 09:16:24 PM
http://pool.mn/Themes/Dilber/images/theme/logo.png (http://fc.pool.mn)

supported algo: Skein

Please, consider adding our pool to the pool list

Added.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: czvezda on May 01, 2014, 09:17:41 PM
http://pool.mn/Themes/Dilber/images/theme/logo.png (http://fc.pool.mn)

supported algo: Skein

Please, consider adding our pool to the pool list

Added.
cheers

please correct the link, it there is no ":"


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: paulnux on May 01, 2014, 09:26:15 PM
Pool Groestl please


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST 2 DAYS!
Post by: thefuturecoin on May 01, 2014, 09:28:44 PM
http://pool.mn/Themes/Dilber/images/theme/logo.png (http://fc.pool.mn)

supported algo: Skein

Please, consider adding our pool to the pool list

Added.
cheers

please correct the link, it there is no ":"

My bad, fixed.

Pool Groestl please

We have been emailed multiple times with intentions on setting a groestl pool up. There should be one listed by launch tomorrow.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: pseudonymdude on May 01, 2014, 11:51:27 PM
I'm not a senior member or anything, but the OP helped me out with a refund when he didn't have to.  He's an honest guy in my book.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: thefuturecoin on May 02, 2014, 01:00:18 AM
All launch related discussion should go here! (pools, passwords, etc.)

https://bitcointalk.org/index.php?topic=592473


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: Hodor_keeper_of_the_light on May 02, 2014, 03:05:51 AM
0.01170357 BTC sent
txID1  e8322556b2e0adb6760a350c4276396c92405b1d0a3000078b7c7c79d8aad7f1
txID2  f73b5b4b9c47ce63d5ddde411c04ffc9414d0f1e0377dcecb40617156bae06f3
It's from a single address, but in two trans, sorry.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: fartbags on May 02, 2014, 03:42:13 AM
14 day block confirms is kind of cool. I might mine this for a day next month when everyone stops mining it.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: idcweb on May 02, 2014, 04:18:58 AM
WelCome 520CN.Com China Pool
520CN中国矿池欢迎您

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Trusted amongst the community, we will offer you peace of mind mining. Our servers are well maintained and our team competent. Our rock solid infrastructure and good global networking will ensure a good connectivity to our services, even under attacks.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: Cryptoinn on May 02, 2014, 07:13:11 AM
I have some fresh R9 GPU rigs, this coin for me or not? Im not good in new algo :)
What miner i should use?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: hero18688 on May 02, 2014, 10:23:05 AM
Is this a myrcoin clone with better plan?
-a myriadcoin-groestl or groestlcoin???


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: thefuturecoin on May 02, 2014, 11:40:25 AM
Is this a myrcoin clone with better plan?
-a myriadcoin-groestl or groestlcoin???

Myriad-groestl


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: altcoinherald on May 02, 2014, 01:33:10 PM
Futurecoin is in the news! http://altcoinherald.com/futurecoin-new-altcoin-makes-big-claims/  ;D


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: Hodor_keeper_of_the_light on May 02, 2014, 01:45:34 PM
Why wasnt I added to investor list??


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: thefuturecoin on May 02, 2014, 02:44:02 PM
Futurecoin is in the news! http://altcoinherald.com/futurecoin-new-altcoin-makes-big-claims/  ;D

I'd like to make a small correction. We haven't been paid as the escrow is holding the majority of the IPO funds, and will not release unless the investors give the word to. We do not expect the investors to release the escrow unless we can accomplish the goals and objectives we have listed within the phase time span.

Otherwise I would say that the criticism are fair. Good article!

Why wasnt I added to investor list??

I have PM'd you regarding this.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: Hodor_keeper_of_the_light on May 02, 2014, 02:57:04 PM
I've been added, everything's fine, thank you


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: sq on May 02, 2014, 03:47:58 PM




Almost there!! --> Check Coin Countdown (https://www.altcoincalendar.info/coins/358-kFC)


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: garmin on May 02, 2014, 03:53:41 PM
What makes this coin special? Most SHA coins as of late have failed or have almost zero value.
Why should I put my 3 TH/s on this coin instead of BTC? Where is the future value?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: altcoinherald on May 02, 2014, 04:25:15 PM
Futurecoin is in the news! http://altcoinherald.com/futurecoin-new-altcoin-makes-big-claims/  ;D

I'd like to make a small correction. We haven't been paid as the escrow is holding the majority of the IPO funds, and will not release unless the investors give the word to. We do not expect the investors to release the escrow unless we can accomplish the goals and objectives we have listed within the phase time span.

Otherwise I would say that the criticism are fair. Good article!

Why wasnt I added to investor list??

I have PM'd you regarding this.

Thanks for the response. I updated the article to reflect the point about escrow. Good luck with the launch, we're looking forward to it!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: QuadraQ on May 02, 2014, 05:32:29 PM
That icon looks eerily similar to EonCoin...


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: arniebaby on May 02, 2014, 05:44:15 PM
Sounds interesting. Invested. PM'd the transaction details to thefuturecoin and Anon136 earlier.

ArnieBaby


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: masterkiller on May 02, 2014, 05:57:51 PM
https://coin-swap.net/assets/img/home.jpg

Coin-Swap.net (https://coin-swap.net)

Coin-Swap will add kFC after launch.




Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: NiekThaWolf on May 02, 2014, 06:00:32 PM
when will the sources be available? or is there any linux wallet?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: Loreto on May 02, 2014, 06:23:15 PM
dev, can you post futurecoin.conf example?
Did i need specify algo=skein, like Myriad? And if so, how to specify multi algo(sha256, skein)?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: idcweb on May 02, 2014, 06:45:25 PM
WelCome 520CN.Com China Pool
520CN中国矿池欢迎您

http://www.520cn.com/520cn_logo.png

http://kfc.520Cn.Com (http://kfc.520cn.com)

Pre-register your account now on 520Cn.Com! Random users who pre-registered will get 0% Fees forever!

Trusted amongst the community, we will offer you peace of mind mining. Our servers are well maintained and our team competent. Our rock solid infrastructure and good global networking will ensure a good connectivity to our services, even under attacks.


Title: Re: gridseed mining
Post by: thefuturecoin on May 02, 2014, 07:44:20 PM
can i mine with gridseed ?
how can i do it ?

You can mine sha256.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 2 HOURS!
Post by: hedgy73 on May 02, 2014, 07:46:22 PM
Can anyone please recommend mining software for cpu and gpu?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 2 HOURS!
Post by: thefuturecoin on May 02, 2014, 07:47:52 PM
Can anyone please recommend mining software for cpu and gpu?

This info can be found on our launch thread here: https://bitcointalk.org/index.php?topic=592473


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 2 HOURS!
Post by: hedgy73 on May 02, 2014, 07:51:13 PM
Can anyone please recommend mining software for cpu and gpu?

This info can be found on our launch thread here: https://bitcointalk.org/index.php?topic=592473

Excellent thank you :)


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: thefuturecoin on May 02, 2014, 08:21:48 PM
when will the sources be available? or is there any linux wallet?

Sources will be available on launch.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on May 02, 2014, 08:48:15 PM
IPO ends in 1 hour!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: Trinibits on May 02, 2014, 08:54:52 PM
IPO ends in 1 hour!

Ok let's see how this rolls. Looking forward to it  :)


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: hedgy73 on May 02, 2014, 08:57:58 PM
Is IPO over?

EDIT: Sorry just seen above post 1 hour left.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on May 02, 2014, 08:58:45 PM
Is IPO over?


No it ends in about 1 hour.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: Hodor_keeper_of_the_light on May 02, 2014, 08:58:52 PM
IPO ends in 1 hour!

I've PMed you about my tx ID's. Sent you one more. You've added it, but separately, as unsinged by nickname. Hope it's ok.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: hedgy73 on May 02, 2014, 09:00:02 PM
How do I invest?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on May 02, 2014, 09:09:39 PM
How do I invest?

Now Offering Escrow For FutureCoin

The way this escrow works: You send bitcoins to my escrow address. I hold them until you give me digitally signed instructions to release them. Instructions must be signed by one of the addresses that you sent from in your transaction to my escrow address. You may release the coins to the devs at any time or have them refunded at any time. I will subtract a fee of 0.02btc or 0.9% which ever is greater upon the release of the funds.

If you dont know how digital signatures work yet its not a big deal. It's pretty simple and i can walk you through it when the time comes. All you need to worry about right now is: YOU MUST BE IN PERSONAL POSSESSION OF ONE OF THE PRIVATE KEYS THAT YOU SEND FROM. Examples would be a client on your desktop or a blockchain.info ewallet (make sure that you know your password and can sign on to you account through a browser). Examples of where not to send from would be an exchange like bistamp or a bitcoin based service like betsofbitco.in. If you send to me from an address that you do not have personal control of than your coins will be lost.

If you have read and agree to these terms than feel free to send to this address at any time:

BTC: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x

Thanks and goodluck!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: hedgy73 on May 02, 2014, 09:20:10 PM
How do I invest?

Now Offering Escrow For FutureCoin

The way this escrow works: You send bitcoins to my escrow address. I hold them until you give me digitally signed instructions to release them. Instructions must be signed by one of the addresses that you sent from in your transaction to my escrow address. You may release the coins to the devs at any time or have them refunded at any time. I will subtract a fee of 0.02btc or 0.9% which ever is greater upon the release of the funds.

If you dont know how digital signatures work yet its not a big deal. It's pretty simple and i can walk you through it when the time comes. All you need to worry about right now is: YOU MUST BE IN PERSONAL POSSESSION OF ONE OF THE PRIVATE KEYS THAT YOU SEND FROM. Examples would be a client on your desktop or a blockchain.info ewallet (make sure that you know your password and can sign on to you account through a browser). Examples of where not to send from would be an exchange like bistamp or a bitcoin based service like betsofbitco.in. If you send to me from an address that you do not have personal control of than your coins will be lost.

If you have read and agree to these terms than feel free to send to this address at any time:

BTC: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x

Thanks and goodluck!

Thanks. Is it too late to send now?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on May 02, 2014, 09:20:21 PM
How do I invest?

Now Offering Escrow For FutureCoin

The way this escrow works: You send bitcoins to my escrow address. I hold them until you give me digitally signed instructions to release them. Instructions must be signed by one of the addresses that you sent from in your transaction to my escrow address. You may release the coins to the devs at any time or have them refunded at any time. I will subtract a fee of 0.02btc or 0.9% which ever is greater upon the release of the funds.

If you dont know how digital signatures work yet its not a big deal. It's pretty simple and i can walk you through it when the time comes. All you need to worry about right now is: YOU MUST BE IN PERSONAL POSSESSION OF ONE OF THE PRIVATE KEYS THAT YOU SEND FROM. Examples would be a client on your desktop or a blockchain.info ewallet (make sure that you know your password and can sign on to you account through a browser). Examples of where not to send from would be an exchange like bistamp or a bitcoin based service like betsofbitco.in. If you send to me from an address that you do not have personal control of than your coins will be lost.

If you have read and agree to these terms than feel free to send to this address at any time:

BTC: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x

Thanks and goodluck!

Is it too late to send now?
No


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: hedgy73 on May 02, 2014, 09:20:56 PM
How do I invest?

Now Offering Escrow For FutureCoin

The way this escrow works: You send bitcoins to my escrow address. I hold them until you give me digitally signed instructions to release them. Instructions must be signed by one of the addresses that you sent from in your transaction to my escrow address. You may release the coins to the devs at any time or have them refunded at any time. I will subtract a fee of 0.02btc or 0.9% which ever is greater upon the release of the funds.

If you dont know how digital signatures work yet its not a big deal. It's pretty simple and i can walk you through it when the time comes. All you need to worry about right now is: YOU MUST BE IN PERSONAL POSSESSION OF ONE OF THE PRIVATE KEYS THAT YOU SEND FROM. Examples would be a client on your desktop or a blockchain.info ewallet (make sure that you know your password and can sign on to you account through a browser). Examples of where not to send from would be an exchange like bistamp or a bitcoin based service like betsofbitco.in. If you send to me from an address that you do not have personal control of than your coins will be lost.

If you have read and agree to these terms than feel free to send to this address at any time:

BTC: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x

Thanks and goodluck!

Is it too late to send now?
No

Cheers will send now :)


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: Hodor_keeper_of_the_light on May 02, 2014, 09:23:29 PM
Dev? You didn't answer. Everything's ok?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on May 02, 2014, 09:24:01 PM
Dev? You didn't answer. Everything's ok?

Yes


Title: Re: [PRE-ANN] Futurecoin [kFC] - Groestl-Skein-SHA256 - Crypto Vesting - IPO&ESCROW
Post by: DssTech on May 02, 2014, 09:25:57 PM
CryptoCoinz

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2014 @ CryptoCoinz

Our Pool Sites are managed by DataCenter Admins.

Also we will have a P2P for the coin

set your Miners to mining2.crypto-coinz.com:2500 and Put Your kFC Address as username and x for the password


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: hedgy73 on May 02, 2014, 09:41:54 PM
How do I invest?

Now Offering Escrow For FutureCoin

The way this escrow works: You send bitcoins to my escrow address. I hold them until you give me digitally signed instructions to release them. Instructions must be signed by one of the addresses that you sent from in your transaction to my escrow address. You may release the coins to the devs at any time or have them refunded at any time. I will subtract a fee of 0.02btc or 0.9% which ever is greater upon the release of the funds.

If you dont know how digital signatures work yet its not a big deal. It's pretty simple and i can walk you through it when the time comes. All you need to worry about right now is: YOU MUST BE IN PERSONAL POSSESSION OF ONE OF THE PRIVATE KEYS THAT YOU SEND FROM. Examples would be a client on your desktop or a blockchain.info ewallet (make sure that you know your password and can sign on to you account through a browser). Examples of where not to send from would be an exchange like bistamp or a bitcoin based service like betsofbitco.in. If you send to me from an address that you do not have personal control of than your coins will be lost.

If you have read and agree to these terms than feel free to send to this address at any time:

BTC: 1ERe3KW6GoNV4HfN3SpgqjAPcCvCWX9K1x

Thanks and goodluck!

Is it too late to send now?
No

Cheers will send now :)

Sent 0.05151 btc all I can afford at the moment.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO|Mandatory Escrow|LAST DAY!
Post by: lanlansky on May 02, 2014, 09:47:33 PM
dev, can you post futurecoin.conf example?
Did i need specify algo=skein, like Myriad? And if so, how to specify multi algo(sha256, skein)?

+1


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on May 02, 2014, 10:00:07 PM
Password is "coinreleasetoday" (with no quotations)!


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: RENDERING on May 02, 2014, 10:08:03 PM
Error compiling wallet on linux. :(

Building LevelDB ...
make[1]: Entering directory `/root/futurecoin/src/leveldb'
make[1]: *** No rule to make target `libleveldb.a'.  Stop.
make[1]: Leaving directory `/root/futurecoin/src/leveldb'
make: *** [leveldb/libleveldb.a] Error 2


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: chuckscap on May 02, 2014, 10:09:14 PM
pool mining on crypto-coinz pool with an ASIC SHA256  doesn't seem to be working   I'm not a noob, but I'm missing something


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: Gologuzan on May 02, 2014, 10:09:45 PM
sha256 pools not working...for now...


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: czvezda on May 02, 2014, 10:10:36 PM
Error compiling wallet on linux. :(

Building LevelDB ...
make[1]: Entering directory `/root/futurecoin/src/leveldb'
make[1]: *** No rule to make target `libleveldb.a'.  Stop.
make[1]: Leaving directory `/root/futurecoin/src/leveldb'
make: *** [leveldb/libleveldb.a] Error 2

I have the same problem


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: Gologuzan on May 02, 2014, 10:10:56 PM
pool mining on crypto-coinz pool with an ASIC SHA256  doesn't seem to be working   I'm not a noob, but I'm missing something

hashrapid same thing... nothing happens....


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: hedgy73 on May 02, 2014, 10:12:15 PM
Is anyone mining?


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: RENDERING on May 02, 2014, 10:12:32 PM
Error compiling wallet on linux. :(

Building LevelDB ...
make[1]: Entering directory `/root/futurecoin/src/leveldb'
make[1]: *** No rule to make target `libleveldb.a'.  Stop.
make[1]: Leaving directory `/root/futurecoin/src/leveldb'
make: *** [leveldb/libleveldb.a] Error 2

I have the same problem

fa fa fa fail.

Multiple reports of solo not working, and wallet not working. none of the pools are working either. lol Fuck shit what a waste. Did you guys not fucking test it first for fuck sakes shit fuck damn ass fuck shit. lol

whatevs moving on.


Title: Re: [PRE-ANN] [kFC] Futurecoin|Groestl-Skein-SHA256|IPO end in 1 HOUR!
Post by: thefuturecoin on May 02, 2014, 10:15:33 PM
We are locking this thread. Please see our LAUNCH thread.

https://bitcointalk.org/index.php?topic=592473.0