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101  Local / 山寨币 / Re: Nxt神话系列 1 Nxt不是骗局,也不是由匿名开发者发明发布 on: March 26, 2014, 08:27:16 AM
nxt一定有美好的未来!!
102  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: March 25, 2014, 08:57:27 PM
http://sancrypto.info/index/show/VTC/

hehey VertCoin now at SanCrypto.info  Wink

Vertcoin now also showing up on Cryptsy

cool! Smiley
103  Local / 中文 (Chinese) / Re: [更新]我的钱包被盗了,望大家引以为戒 on: March 25, 2014, 08:30:32 PM
今天还有一个兄弟硬盘坏了! 您是被盗了 节哀~~
104  Local / 媒体 / Re: 首个比特币自媒体洋洋访谈#比特币中国行#·更新至2014年3月30日(周日)北京 on: March 25, 2014, 08:26:23 PM
感谢分享阿~~~
105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CommunityCoin (COMM) Fair & FREE Distribution | Pure PoS | No Premine! on: March 25, 2014, 07:53:27 PM
 (min. 50+ quality posts)   Angry 
106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 25, 2014, 06:39:23 PM
Good work guys, 25% of the votes so far!

Nice, FATE is still on 1st place.  28.3%
Keep voting. In Fate we trust.  Wink

30.4% now....
107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 23, 2014, 02:47:47 PM
Thank you fatecoin for the translation. Is there a mistake on the following:

Output rules:1-30d6~100;31-60d6~66;61-90d6~33,91-120d6~33,121-150d6~16.5,151-180d6~16.5,181-140d6~8.25,141-200d6~4.125,201-260d6~2.0625。


I understand these:

1-30 days = 6 to 100 FATEs block rewards
31-60 days = 6 to 66
61-90 days = 6 to 33

But shouldn't after 90 days be like this:

91-120 days = 6 to 16.5 FATEs
121-150 days = 6 to 8.25 FATEs
151 - 180 days = 4.125 to 6 FATEs
181 - 210days = 2.0625 to 6 FATEs
etc. etc.

Not sure how low the minimum reward block will go down to?  Is 2.0625 the lowest?  or will it keep on halving ever 30 days? Either way, I'm glad I go in early since it will be extremely hard to mine FATEs in a few months.  Thanks.

I think just like this.....

108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 19, 2014, 06:28:45 PM
Dear All

sync your computer time with  "time.windows.com" is very important too!
109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 19, 2014, 06:20:25 PM
Is anyone able to explain how this coin works without the "magic" part in plain English?

What is the PoW? What is scrypt-jane + time limited algo?

What is that "to be on the wrong/right chain"? Is it part of the algo or just the chain being forked all the time?

And how do you mine using GPU or CPU? How do you select this?

Without any serious explanation, I'm sorry but this is just BS.

Valid questions. I'm curious as well.


I went to the QQ channel and asked how it works.

If I understand it right, diff doesn't readjust, but block time is fix 30 seconds, so the "wrong/right chain" basically means that there gonna be a lot of orphans because there is going to be only 1 block every 30 seconds. PoW is scrypt-jane, but it's more about luck because it's like basically during the launch of a coin.

I haven't mined it, but looks like it has to be an orphan festival all the time. In any case it sounds interesting, at least different, CPU friendly because hashing speed is not the most important. Will give it a try I guess...



It's indeed an orphan fest; I do not monitor all the time but I get an orphan block in about every 20. block (probably even more). But can you clarify it a little bit better;

What I understand from you is;

-There are 100 miners with various systems.
-20 of them is going to solve the block in the 30 sec period because it's easy to solve.
-Only 1 will be in the correct chain and the other 19 solved the block in the wrong chain.

If it's like this, how is the "correct chain" selected; does the system know it before sending out the block information at start or how does the system works? The ones with orphaned coins were in the wrong chain since the start or it's determined after everyone solves it?



Q1: Competition in the "main chain" and "wrong chain" How did it happen?
A1: When a group of people in same time get the answer and return to the network, the competition will happened in that Block!


Q2:What is the mode of competition is, what rules?
A2:"Friends" and "fate" are two factors of competition,friens are your "nodes",you have more nodes means you have more friend to help you confirm your block,but sometimes they are enemy too,because they may have the same block with you,in that time you are not friends anymore,you are Competitor!!!  The rest is all depend on your FATE!!!


Q3: If some one Hashrate is ver hight and be the frist answer,Is competition will not happen?
A3:Theoretically, yes! However, due to the difficulty is very low, so the chance to answer the same time is very very high.


Q4:If more than two people at the same time to answer, is not the case there will be many people grab a block?
A4:YES

Q5:how is main chain generated?
A5:main chain generated by "nodes" or "miners",more confirmed by nodes will become the main chain。
we say "there is no road,but when more people walks on that road,it become a road" <--in Chinese. road means main chain
110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 19, 2014, 02:25:50 PM

Being on the correct chain based in my experience doesn't mean much. One of my PC's is going on 10+ hours and hasn't hit a block. I just restarted my wallet this morning, so we'll see.  

Someone, please correct me if I'm wrong, but there is no way to calculate your FATE earnings. There isn't a formula for LUCK.  That's what makes this coin unique and keeps away the big miners.  

I thought it has a very low difficulty for CPU's but because there is a difficulty and you're actually calculating something, having a faster CPU should result in a better score. Is my logic false here?

I'd say a faster CPU does make a difference since I've noticed my Core i7 has more coins that my i3, but to calculate an exact amount per day, I'd say it's impossible. I could be wrong. Maybe the dev has a better answer.

1.YES! my CPU's i3、i5 、G3220、G1820 alomst same qty of FATECOIN,but E3-1230 V3 is better!
2.calculate an exact amount per day, I'd say it's impossible! <----- YES!  it's no meaning, my G1820 sometimes got nothing in all day!

Thanks @trademark for what you have done for FATECOIN~ Smiley
111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 19, 2014, 11:41:22 AM
Hey guys.  We've been added to the CPU list. 

http://cpucoinlist.com/

Next step is an EXCHANGE!  Then to the BANK!

Could someone explain how is this CPU friendly? All I see is a messy post without much explanation and a scrypt-jane coin (GPU coin), thanks!

DEV tells me point is Scrypt jane + time limited algo

DEV says time limited algo can let GPU and POOL no advantage.
112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 19, 2014, 11:33:22 AM
many question about the solo or pool? and why CPU Friendly?

i dont know how to explain that in English, but i hope this picture can say something~

Even intel G1820 can mining and get the fatecoin, because the difficulty 0.00024414 is very low and never change. CPU is good enough~ no need GPU & pool.






 
113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 19, 2014, 10:40:49 AM
the coins are still coming in nice and steady at the moment Smiley

How long now until the block reward reduction?



will reduce after 86400 block (2*60sec*24hrs*30days)   
114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 18, 2014, 05:32:31 PM
Guys, Dev.  I have a question regarding the block rewards:

Rewards(the rewards of the block is all random,depend on your fate):
   1-30days,6~100(random) fatecoin /block
   31days~60days,6~66(random) fatecoin/block
   61days~90days,6~33(random)fatecoin/block
   91days~120days,6~16.5(random) fatecoin/block


Does it continue like this:

121days~150days, 6~8.25(random) fatecoin/block

151days~180days, 6~6(random) fatecoin/block
                          or
151days~180days, 6~4.125(random) fatecoin/block <-----this doesn't make sense


Would 6 fatecoin/block be the minimum from 151days on?





will ask dev.  Smiley
115  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 18, 2014, 05:25:50 PM
@trademark!   I want Tip address too!  Cheesy

Thanks a lot eugenetsou.   My address is   FjEHPg9SrdjohLycMRcHPKbPMxnQwMSBEd 

By the way.  I have messaged "busoni" of Poloniex.  Hopefully he gets us listed on his exchange.  Good to see we are getting more support now. 

300 fate send! thanks again!
116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 18, 2014, 05:15:10 PM
Spatula, do you mean a GPU miner? A CPU miner would be....the wallet...

If you have an nVidia card it'd be Cudaminer, if you have Radeon card it'd be cgminer.

If you post more detail we can probably get you going.

Just one thing though....bear in mind that with GPU mining the difficulty of Fatecoin is random, so it could easily end up being 1000 times the difficulty.

Rit.

Well i have my gpus pointed elsewhere at the moment, and now that HVC is gpu i have some CPUs with nothing to do. I figured i would give this coin a go. With most coins for example, i could use minerd on various PCs and point it back to one PC running a wallet for solo mining. I would rather not install a wallet on all my machines. Any clue on how to go about doing this?

one computer one wallet is better~
the fatecoin's difficulty is very low, so more wallet are more chance!
117  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 18, 2014, 03:37:28 PM
@trademark!   I want Tip address too!  Cheesy
118  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 18, 2014, 03:15:40 PM

nice jod!  Smiley
119  Local / 山寨币 / Re: GNS GenesisCoin即将发布,请关注!! on: March 17, 2014, 06:06:23 PM
it's time now? where is the wallet?
120  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [Fatecoin] [FATE] IS ON YOUR SIDE! No Premine - CPU Friendly★ on: March 16, 2014, 09:26:14 AM
Looks like only a few more days left before the block reward is cut down to a max of 66.  Hopefully, I can pick up a decent amount of FATE before then.

it's around 2014/03/24 21:00..  Smiley
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