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* Coin Name: traaittPlatform * Coin Suffix: ETRX * Algorithm: Argon2/Chukwa * Difficulity Target: 17 seconds * Emission Speed Factor: 25 * Blocks: ~3456 per day * Blockreward: initial 17,860 per block * Min TX Fee: 1 ETRX * Decimal Points: 2 * P2P Port: 23897 * RPC Port: 23896 * Max supply 744.000.000.000
So whats the disbursement time, obviously over 33 years with an emission factor of 25 and fees factored in, but do you know how long the expected reward disbursement is before its all fee based? Also was their a plan behind the high number of coins produced?
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So im confused about this, what does the token actually do though? Any token can be a sov if people invest in it.
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Awesome, what about IOS users ? Code is already done for our IOS mobile app, we're waiting for the person that was going to spin it up into the final app file for us to get back from a family emergency though. So hopefully within the week, but maybe 2
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What about mining requirement can anyone explain it
I would recommend GPUs at this point, we have some pool options as well with good guides on our website. http://ftscoin.xyz/pools
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Is there any restriction to use FTS ?
No not at all, open source and available to anyone as long as local laws don't restrict it
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I just launched FTS Coin so my gut instinct is to say new projects are the best investment. Really though I think what you get depends on your risk expectations, desired rewards, length of time hoping to stay invested as well as if you want to invest in something that stakes or if you are just trying to gain some profits on a coin that goes up in value. Definitely just DYOR, everything's a risk, if the project has a solid community and is continually developing its probably as safe a bet as any.
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We have a mobile wallet pending approval on the Play store, Getjar and Aptoide. So in the near future android users will be able to grab an FTS Coin wallet for their phone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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What about miner condition and speed per transaction in your blockchain?
Mining is asic resistant but for folks running GPUs we have a community developed pool available at http://fts.pool.work:8000The current block reward is roughly 1.37 FTS with a block time of a little bit over 90 seconds
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![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) FTS Coin is listed on https://cratex.io now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) FTS/BTC FTS/DOGE FTS/BTCZ FTS/LTC Thank you for all the support!
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Is this gpu or cpu mining coin? I have not found that info. Already 2,011,719FTS mined, with such speed the 25 mil will be mined soon.
Both the web site and section 3 of the white paper mention our pre-mine, and more importantly how it is to be used/distributed. Of the 25,000,000 FTS Coin released 2,000,000 or 8% was managed into a pre-mine to support further development and growth for the coin. Hope this helps with the confusion Thank you for the response, but after 7hr mining only 4fts in the wallet? Not worth to mine this coin. Everyones allowed an opinion, though I feel this one makes no sense. I don't understand how a coin easily dumping rewards on people increases value? That hurts value if anything. A lot of people are mining FTS, therefore the competition for acquisition is high, which means the electricity put in for POW is higher, leading to a greater value. That's basic economics, supply vs demand.
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can you give coin specs please?
Sure -25,000,000 total coin supply -8% premine to be used toward coin development and growth -100 year distribution time -roughly 90 second blocks -average current reward 1.37 FTS/Block -asic resistant POW cryptonight algo -later generation cryptonote fork privacy coin
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Nice concept to create biometric base wallet, may we know about your team?
Thank you, we strongly believe the unique ability to generate wallet addresses directly from the blockchain using biometric data algos and hardware, thus ensuring a person can NEVER forget or lose their wallet seed without the use of centralization, will be a much needed innovation to the currently available options. Our team is largely comprised of the same ppl that bring the community Project FTS I'm the owner/lead dev of Project FTS; Jeremy Our core team consists largely of contractors; 3 coders collaborating internationally, 3 graphics artists, 2 translators, 2 call center workers, a video editor, a data scraper and a security expert. This team of amazing helpers were already in place for FTSMaps.com and ProjectFTS.org though, and we are excited to turn this open source privacy coin over to the public ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) From this point forward anyone that would like to get involved is more than welcome to, including but not limited to coin improvements, site improvements, graphic improvements or running nodes!
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Nice distribution strategy 100 years! FTS coin is a token like ERC20 compatible or you'll use your own blockchain ?
Hey, thank you ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We are 8000+ blocks into our own blockchain at this point. The web site has a block explorer for anyone curious ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) May I get your website address? so excited to take a quick look on your website http://ftscoin.xyz ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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To use FTS coin, we need to verify KYC? do you have any telegram announcement channel or chat community ?
No need for KYC at all ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) When we get connected with exchanges over the next few months they will each have their own unique requirements, but this is a privacy coin. As far as anyone else on the network knows you could be a unicorn or their sibling. We are on discord at https://discord.gg/Y476PMV
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Is this gpu or cpu mining coin? I have not found that info. Already 2,011,719FTS mined, with such speed the 25 mil will be mined soon.
Both the web site and section 3 of the white paper mention our pre-mine, and more importantly how it is to be used/distributed. Of the 25,000,000 FTS Coin released 2,000,000 or 8% was managed into a pre-mine to support further development and growth for the coin. Hope this helps with the confusion
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@Dev, you need to put all those important links on your OP. because users will check the very first post of your thread. not all people will check all the posts on your thread and look for these links because they expect these to be in the OP. and since you are aiming for your users to spend FTS coin to spend anywhere, have you already communicated with potential shops or companies that will accept your coin as their payment method? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FcLwN82FQ%2FScreen-Shot-2020-03-03-at-5-36-47-AM.png&t=663&c=-iqhKk3PoUSnZQ) Great advice on the first part. As for the second part, the context is crucial there? The screen shot you captured is directly from the part of the web site about our upcoming mobile app. "Everywhere," in that context, means you won't be tied to a computer desktop and could go anywhere with your phone to spend FTS. That all said, our map service does already work with well over 100 businesses around the globe, and once we have a better developed coin to offer them we will be calling them all and presenting it to them. First we need to establish community support and mining though. I didn't even consider that part of the website may get misinterpreted tbh, oversight on my part maybe.
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What is the transaction speed in your blockchain?
Average block time is 90 seconds
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