Nothing will happen, since nobody uses that exchange.
I registered and it's a right pain, that dual verification system is a joke, if Gox doesn't need it why do they? Gox has it but it is not enabled by default. Some kind of dual authentication is good, I think Cryptonit should give in addition to GAuth, the option of verification to email like BTC-e does. |
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Realized afterwards it was only 8 LTC that was redirected. I actually received the previous payout.
Really not too concerned about the limited loss of LTC, but would be nice to know how it was compromised so that I can ensure it won't happen again. I can't find any holes in my system.
Just goes to show the importance of keeping tabs on your accounts, and using strong passwords.
Address that funds got redirected to is Lg6ex4ufeN8Vqoh6jLa73Mn6FooPqxjEMi
Not sure what tools you are using but the following is what I use to disinfect most computers that come into the office. ComboFix, TDSS Killer, Malwarebytes Antimalware and ADWCleaner However think about where else you have signed up with the same credentials as Coinotron, it could be that one of those sites is malicious. |
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The hashrate went up on this coin faster than any other alt before it. After 12 hours the hash rate was higher than Freicoins after it had been released for a week. I look forward to the FC hash rate and coin minted graphs when we get them up so we can analyse this in closer detail.
For all that there were so many coins out there I still have not been able to buy 100k for 10BTC.
The value of the coins comes with time, bitcoins were worthless in the beginning too. Once some exchanges start to deal in FC and they start changing hands, the value will start to rise. The issue was the opposite. The price was higher than I expected. I tried to pay 10BTC for 100,000FC in chunks but was being offered it for 40BTC. I do not know if this is a fair price, I will wait for the exchange and let that inform me. |
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The hashrate went up on this coin faster than any other alt before it. After 12 hours the hash rate was higher than Freicoins after it had been released for a week. I look forward to the FC hash rate and coin minted graphs when we get them up so we can analyse this in closer detail.
For all that there were so many coins out there I still have not been able to buy 100k for 10BTC.
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I have now put up links to the clients on Google Drive in the first post.
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Okay. I will get mirrors up for the downloads, when they are up I will post back here.
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Nice logo.
One thing about Feathercoin I don't understand, is if the block rate is mean to be one every 2.5minutes, how come we are up to block number 23,750 in only 10 days since block 1 on 2013-04-16 21:17:40?
The difficulty adjusts to get to 2.5 minutes per block. There were several times in the start when the hash rate simply doubled. The blocks were time travelling. We are pretty close to 2.5 minutes now. This can go both ways, some coins have gotten to such high difficulties and slow difficulty adjust that miners end up leaving for greener pastures and the blocks start getting solved much slower than they were designed to. |
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It is impossible to have reasonably fair distribution with that approach. If blocks are supposed to be mined once in 2.5 minutes but they are mined every few
seconds for 12 hours then we are speaking about major coin grab by those who jumped on the train in those 12 hours. It makes no difference how many miners
grabbed millions of coins early - what matters is how little coins those who find out about the coin day after or week after are getting right now.
The high hash rate meant that there was no one miner being able to mint millions of coins for themselves. What we need is a rich list to get another view of coin distribution. Coin distribution graph will solve what exactly? It will show the same as coin distribution graphs for all coins except Bitcoin are showing - people who started mining early, while difficulty was low, made more coins than someone who would start mining right now will make in next few months or more. So much about "no premine". What we need as a community are developers not putting their own interests on first 5 positions on their priority list. It seems all of them are already bussy with Bitcoin so we are unfortunately left with profit greedy wannabe developers. There was no mining before the coin was launched. Those who mined early have an extra incentive to put our services to support this coin. This is what has probably driven other coins forward and why we have seen such a vibrant community around this coin so quickly as these coins are still relatively easy to get hold of compared to Bitcoin and Litecoin. BBQCoin was a just-for-fun coin that was announced of time and all that happened is people took the time to prepare to trash it, which they did. There are arguments on all sides of launching a coin. I'm sorry you find this coin so disagreeable. There were like 4 million produced the first day.
There was not. We need a coin distribution graph so we have some hard facts to work with. I will get on this again now that I have a VPS to host the daemon. |
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It is impossible to have reasonably fair distribution with that approach. If blocks are supposed to be mined once in 2.5 minutes but they are mined every few
seconds for 12 hours then we are speaking about major coin grab by those who jumped on the train in those 12 hours. It makes no difference how many miners
grabbed millions of coins early - what matters is how little coins those who find out about the coin day after or week after are getting right now.
The high hash rate meant that there was no one miner being able to mint millions of coins for themselves. What we need is a rich list to get another view of coin distribution. |
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trading and mining in values less than one stops being fun.
Go to preferences - display and set "Unit to display:" in µ Your instant rich.  Really guys, your not even trying to come up with good arguments, things like: - It's more fun to see big numbers - It has four time more coins than Litecoin, that should make us the copper to btc, right? - It's easier to mine - As long as I make some money who cares - There is a gap under Litecoin, maybe you don't see it, but I see it - ... Are all not arguments for a sane person to adopt this currency, I hope there still comes someone with a better argument, else you better start thinking of making a comedy show, you only need to put in all the arguments why Feathercoin is great and you got an instant "comedy show of the year". I know what you are saying as Feathercoin does seem timid in the respect that it is playing it safe. It is not trying out new features like proof-of-stake or demurrage which have yet to prove themselves. I will leave the grand experiments and great risks to others. I certainly feel safer having Litecoin and Feathercoin in my wallet, than I do with any of the other SHA-256 alternatives. Should be worth 30 cents? you mean a coin that's been out for a week should be worth 30 cents? Worth 1.4mil? Which the dev probably mined 50% of these..
No. The hashrate went up drastically almost immediately after launching the coin and kept going up for days. About 12 hours after the coin was launched the network hashrate was around 60MH. I actually believe that we got a reasonably fair distribution of coins. For my mining efforts I got 128K coins of which I have given out 39,950 in bounties and donations. I intend to hold on to my coins through any rises and falls. Others may be treating this like a pump-and-dump but I am not one of them. I do want to purchase coins cheaply to replace the ones I spent on bounties, I am not rich enough to cause trouble in any market. Personally I think the price may have gotten too high. I have been trying to buy at a rate of 5 LTC per 1,000 FC but am being told to go away. Whatever I think about the price I have no control over it, the market tells us what the price is. What would be interesting is some good charts. I have a server where I intend to get AndyRossy's PPCoin charts installed. This will show the amount of coins mined a day and the difficulty, there will be more charts added over time. |
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went to github and just has the link for feathercoin.com
which being honest is not secure at all, could easily be hacked and replaced with corrupted folders
why not have the actual download on github?
i downloaded the master feathercoin zip and extracted fine, so know not my tinternet or sytems or programs
the feathercoin windos client zip is empty, everytime
giving p now i think
Very odd about the download. I have updated the links to use SSL. I have tested the link just now and everything appears to be fine. Could you please run CCleaner and then AdwCleaner on your computer and then try again? CCleaner will remove temporary files like web browser caches from your system and AdwCleaner will remove third party installed without your permission in your browsers, basically it removes malware. Let me know how you get on. |
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I'm very curious to see what this will do to the exchange rate.
I am expecting some to see some cheap coins to start with. I need to restock as so much has gone out for bounties and I want to continue in the same vein. It is a lot more fun to work with other people  |
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briliant logo
think is really nice job
huge improvement on the old one that was pinched off a jewellers website lol
Graphics design is not something I am any good at. Thankfully there is a lof of skill here in the community and we had many excellent entries for a new logo. It has been enjoyable to work with so many people on this cryptocoin and there is still plenty to get done. |
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The one thing I like about FTC is it keeps the 4X ratio going; there's 4x as many FTC as LTC, which in turn has 4X as many BTC will be.
It's copper to LTC's silver to BTC's gold.
I just wish there was *something*, anything at all, that differentiated it from LTC besides number of coins.
And yes, it's clearly a pump-n-dump, but honestly all of the alts are at some point. We'll see if there's any actual market forming around FTC in a few months.
The four times increase in coins is what appealed so greatly to my mind. I have always thought that Litecoin got a few things right, the increase in the number of coins, using scrypt cryptography and that blocks got solved four times faster than Bitcoin at 2.5 minutes a block. I'm always perplexed when people launch altcoins and do not use Litecoin's 2.5 minute block count. To me it seemed that there might be a natural progression here along. Perhaps we have already trained out brains to work with the difference between Bitcoin and Litecoin and this would extend further along to FeatherCoin. As MarKusRomanus talked about in this thread, trading and mining in values less than one stops being fun. I do not think a lot of us would be here if we did not enjoy working with crypto currencies. About other features. I believe it is enough right now to start with a denomination change. If there are any features that becomes a must have in any other Bitcoin based coin, it could be incorporated into FeatherCoin. A lot of the features seen in other coins are still experimental and I wanted FeatherCoin to have the solid foundation of Litecoin. Bitcoin, Litecoin and any other coin can evolve along with others if they choose to. Bitcoin is often debating its future and I believe that there is a new Litecoin release in the mix with some interesting new features, though I do not know what. If you see a really good idea you should not ignore it. However I should state that new features would only be introduced with the agreement of the community. Bush |
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Exciting news. The bounty for an exchange to support FeatherCoin has been claimed. I have announced news of this in the post below with a link to the exchange. We should be able to start trading in 24-36 hours. https://bitcointalk.org/index.php?topic=188224.0 |
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I don't like multiple currency exchange, vircurex style :
FRC / LTC
PPC / NVC
It's better to tie everything to USD / BTC :
LTC / BTC,
FC / BTC,
just like BTC-E's style, but that's just my opinion.
I can see the logic behind having all the currencies ias it adds flexibility, but it might spread the volume a little to thin for traders to have fun. |
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The bounty offered on the thread here for creating an exchange that supports FeatherCoin, has been claimed by Martin over at the Cryptonit exchange. He announced the news of FeatherCoin support at the link below. Cryptonit Feathercoin Newshttps://cryptonit.net/content/feathercoin-exchangeThis is fantastic news and allows us to find a fair price for this new cryptocoin. The launch of Feathercoin has gone very well and it has got a lot of positive attention and support from the community. I think that more and more people are acknowledging that there is room for several cryptocoins, not just one or two. |
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Updated ClientThe FeatherCoin client has now been updated to include a networking fix. Some clients were unable to connect to the network, or it took a long time to connect. This build also has a new logo. New LogoFeatherCoin has recently got the new logo shown below. Credits for the new logo go to nprussell. There was a bounty on offer for a logo, you can see all the entries on the thread here.  DownloadsGUI Version for Windows - Google Drive - DropboxGUI Version for Mac OSX 10.6 or later - Google Drive - DropboxWindows Daemon - Google Drive - DropboxSource Code - GitHub
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All the clients and source code have been updated to include the new image. There is also a fix for the problem where some clients are unable to find a connect or it takes several hours. Please update your client from the first page. https://bitcointalk.org/index.php?topic=178286.0Can someone explain me more about 0.1 FC transfer fee? When and why do I have to pay it? Where does it go? It can't just vanish, can it?
It goes to the miners. When a block is found it gets added to the reward for finding that block. So instead of a 200 FC reward, the miners will get a 200.1. But there are probably more poeple paying that 0.1, so can miners get like 300 FC? And why is this fee necessary? One day all the blocks will be found, at that point the incentive for miners, to keep doing what they do, is the transactions fees. |
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Yes, but you can only pay in NVC (sarcasm).
A fellow fan of Novacoin. If you provide your Novacoin address, I will send you the coins? Dude - read the thread. At least visit the link he provided just two post back. Sheesh ... did you even click on the official thread link - the post to which you replied ? I was being purposely obtuse in my previous two posts on this thread. I'm just trying to bring the number of times jasinlee is asked about pre-orders to about a million times  Sorry jasinlee. |
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