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401  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 04, 2014, 03:20:39 PM
Maybe one day... Grin


I already have one LOL
402  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 04, 2014, 03:19:49 PM
You guys like the static rewards or do you think reward decreasing with a rise hashrate/difficulty would help somewhat to combat multipools? (as PeerCoin does with its rewards)


403  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 04, 2014, 02:27:43 PM
thekidcoin  --  Че за хрень - у меня в кошельке 110000 тысяч  - после установки нового кошеля остается только

 14000 тысяч. В чем дело HuhHuhHuhHuhHuh??

Мой русский немного ржавый из моих дней в ЦРУ LOL, но ты говоришь у вас было 110 тысяч? И теперь у вас есть только 14 тысяч?

Можете ли вы мне личное сообщение ваш публичный адрес (ы), чтобы я мог проверить?
404  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 04, 2014, 03:13:42 AM
My wallet refuse to sync above 15553, 1447 Blk remaining, on XP & seven

I dled from the thread and from website.
read through the thread... fix is here

New binaries should be released in the next few days with a checkpoint after the fork, which should eliminate this bad fork.
405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 04, 2014, 02:31:12 AM
kidcoin what do you think about tweaking the code so that the potr hits 4 times as often, but 4 times less amount of reward? is it even possible to code it that way?it will be more fun if it's like a casino machine, winning more often  Cheesy

Not possible LOL... the next degree of ease makes it far too easy.  Making it easy makes it easy to exploit.  The goal was to try to get 1 every few hundred blocks.

406  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 04, 2014, 12:35:46 AM
I'm in!

FSpxENdbsdAUSBzMpo7gCHGjyXS8k3Fi4p

Either in the next 30 mins or after 10 hours as I'll be away from my PC.

i'll send you 501, still waiting for the 1000 to confirm from poogasm.

I'll just bounce this back to you once it's confirmed.

Does anyone know how to find/create a list of the previous PoT rewards? Or what the probability is that you'll hit one? I know it's tied to the block hash etc etc but was just wondering if anyone knew?
For now, the only way is the block explorer or the debug file.  If you re-download the blockchain, you can search for "proof-of-transaction" and get a list (easier in linux to grep for it)
407  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 03, 2014, 12:39:06 PM
After re-reading the pdf on PoT again, I guess pot size doesn't matter as long as it's 501FLT. Payout is still 2500FLT, 50% of the block reward. Again, correct me if I'm wrong, I am getting tired.

So.... Instead of it costing just myself 501 (actual 500.01) for everyone to be able to play, you want all players to pay 501. I am ok with that, but I don't know if it will expand our player-base. It's still an unlimited chance to win 2500 for just 501.
If you guys really want this game to be a members only thing, since you want your existing FLT secured, I'll do the buy-in for 501, but that means running pot will be reduced by me to 501, to stay at 501. The extra in the current pot, which would need to be sent to me, will be turned into cold storage. I'll hold all the buy-ins for replenishment in case of emergency in cold storage wallet. I'll keep a running list of who paid and provide addresses. I'd also write up a revised game description to accommodate.

What do you think? Will this just secure our funds, or will this prevent people from playing? I mean, it's not entirely bad to have a buy-in. Kinda like the lottery. Keep in mind this game was meant for anyone to pay for free, and any FLT invested up to this point other than the original 500.01 of mine was based on a misinterpretation, but can go towards the buy-in or can even be refunded as it gets passed to the investor or I can issue refunds if game coins come to me. Should we push the reset button? You guys tell me. I downloaded the wallet on my cold storage computer awaiting input from you guys. If we go with buy-ins, DO NOT send me buy-ins to my game address, I will provide the cold storage address. Any PoS will go toward our funds.
Just remember what happens if a transaction has over 10 inputs or if these are more than ten tx's... but if you're just sending 501 from person to person, you are within those rules. 

Good luck!  I've hit one or 1 POT reward so far.

You can (for now) look in the debug.log as well, search for "proof" or "proof-of-transaction" and you will see all the POT rewards
408  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 03, 2014, 04:02:04 AM
You would left the rewards as they are now, maximum 5K, 2.5K, etc, but adopted a system of adjusting the rewards down/up based on difficulty/hashrate, with the current reward levels being the maximums, possibly it could alleviate some dumping.

Say a multipool wanted to mine because it was profitable at 5000, but then their hashrate hit the coin and the reward dropped to say 4000, the coin may not be as profitable and they would switch to a new coin (maybe)

If you throw 20gH at it, say with ASIC's, maybe the reward will drop to 500 or something, and they would stop mining.

I like the idea of a sliding reward value based on hashrate. When wafflepool hits us with 30GH like they have at times, it would be great if the reward dropped to 500 or 1000 coins, this would kill profitability for them.

I agree with Jesse Livermore, if we stop buying the dumps they will have to stop mining it. But that's not realistic, they would just stop mining it till people started buying again then they would jump back on. We need to look at real long term solutions here.


The idea of drop reward when big multipool hits the coin is not as good as it looks because the network can react only after the multipool mined some blocks. There is a time shift between the time a multipool starts mining the coin and the time of reward drop. Doing an intermittent mining, this timeshift can be exploited by the multipool to lower the average reward generating fluctuating block reward, and mine only higher reward blocks.

I thought many days about a way to discourage multipools but my conclusion is that the only way is the opposite: encourage the multipool (and other miners) to continue mining the coin, leaving the stabilization to the market.
I think that if the block reward would grow with the difficulty, the coin would be more stable. This cause an offer increase in the market, the price will adjust accordingly and the mining profit change, so miners and multipools can join or leave the coin accordingly. This is a longer cycle that can generate a smoother fluctuation. With actual fixed block reward we have a mining profit drop immediately after network power increase, without waiting for a price adjustment in the market, it is too fast, in my opinion this generate instability.

There are many possibility for incresing the block reward, but if the reward is proportional to difficulty we have a coin with predictable mining costs because the reward for a single rig becomes indipendent from the network power.


But how big of a time shift?  With difficulty adjusting per block, if they hit the coin, they may only be able to get a few blocks until the reward starts dropping.  So say they start mining and after 10 blocks the reward is cut and they only mine a bit more, don't you think that's better then them hitting the coin for hours on end?

Maybe I'm wrong though...
409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 03, 2014, 03:54:35 AM
Little game called ''pass the flutter''. Requires nuthin' but honesty to play. seattletu, post your address, ill send ya 250 FLT, if you're game. Smiley

Keep a log going, the person who receives the FLT should cut and paste where it came from rather than quoting for message space reasoning. Don't want entire thread space taken up because of the game

So, like this:

Halofire to seattletu 250 FLT (then write) BONUS or NO BONUS.
seattletu to (whoever) 250 FLT BONUS or NO BONUS.


Best part is it won't cost anybody anything except tiny transaction fee for a chance to receive 500 FLT = 2x the amount of FLT sent. People could add to it as well if they want a chance to get even more FLT back! How you drum up the next person is up to you. You can send to a person who has had the flutters before, too! I just ask, seattletu, that you'd send them forward and not back to me. I could write something up better for the game when it's 'go' time, directions and such.

So... you game?

Here are the rules:

http://www.fluttercoin.us/fluttercoin/wp-content/uploads/2014/03/Proof-of-Transaction.pdf
410  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 07:46:44 PM
Donated coins could be put to better use I think
Yep, Logos don't make a coin a success
411  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 04:52:11 PM
So, does someone have a marketing plan? Wink Or at least some interesting marketing ideas? Cool
Sure market away... as long as it doesn't cost me anything LOL (you should see how many emails I get from people trying to make money) it has to be a community effort

BTW we should setup some sort of a donation bucket, to pay for some things that would help the coin out marketing wise

I think it would be a good idea to offer some bounties for professional logo, high quality YouTube videos presenting and advertising Fluttercoin, articles on popular websites and blogs (with at least 100 visitors per day), etc.
All fine, so who is donating to the bounty?

Everyone who wants this coin to succeed. Wink
Sounds good to me I'm sure a lot of people will donate something... myself included.

Let me figure out some things with regard to taking donations for marketing, bounties etc.  That way then when something comes down the pipe we can release funds.  Still actually need to get a donation for some sort together for the person who made the website for us.
412  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 04:36:38 PM
So, does someone have a marketing plan? Wink Or at least some interesting marketing ideas? Cool
Sure market away... as long as it doesn't cost me anything LOL (you should see how many emails I get from people trying to make money) it has to be a community effort

BTW we should setup some sort of a donation bucket, to pay for some things that would help the coin out marketing wise

I think it would be a good idea to offer some bounties for professional logo, high quality YouTube videos presenting and advertising Fluttercoin, articles on popular websites and blogs (with at least 100 visitors per day), etc.
All fine, so who is donating to the bounty?
413  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 03:28:53 PM
hey moonpool did you see block 22300 solved by mr undestroyable? 0.00% and 2 actual shares. holy shit lol
Fastest block, ever LOL
414  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 03:27:10 PM
So, does someone have a marketing plan? Wink Or at least some interesting marketing ideas? Cool
Sure market away... as long as it doesn't cost me anything LOL (you should see how many emails I get from people trying to make money) it has to be a community effort

BTW we should setup some sort of a donation bucket, to pay for some things that would help the coin out marketing wise
415  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 03:23:43 PM
Getting this message in wallet..

"WARNING! Invalid checkpoint found! Displayed transactions may not be correct! You may need to upgrade, or notify developers."

My wallet is latest version and re-installing it didn't help.

http://explorer.fluttercoin.us/peers.php

get some peers from this list and add to your conf file - make sure they are on the same version
416  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 03:21:48 PM
When the hell those wallet problems will end? Cry
When:

1) pools especially the locust muti-pools are responsible with hashrate distribution
2) people upgrade their clients pre-fork
3) people actually pay attention to their wallet, instead of leaving it on a forked chain for days
4) people understand how to setup and maintain a conf file

All of these issues are node related issues because of one of the above.
417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 03:16:18 PM
fluttercoin has died for me, the daemon it got to about block 21650 (can't remember exact number) and then went off on it's own fork, with 15MHash. I've tried changing addnode to connect, deleting everyhting but wallet and conf and now it is stuck on 0, with no connections, sometimes it blips 1 connection, then loses it, it's been a few days now. I've read through a zillion posts looking for a fix and changed the dnsseed, but that hasn't helped.  "ip" : "0.0.0.0" is somewhat suspicious, has my client stopped talking to the world?
My other coin wallets seem fine. I like the look of this coin, but if it's going to wander off on a  fork and lose the ability to keep the wallet up to date, I think I'm out.

 "version" : "v0.4.5.3-ga-beta",
    "protocolversion" : 70005,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 0,
    "timeoffset" : 0,
    "moneysupply" : 0.00000000,
    "connections" : 0,
    "proxy" : "",
    "ip" : "0.0.0.0",
    "difficulty" : {
        "proof-of-work" : 0.00024414,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1395858196,
    "keypoolsize" : 102,
    "paytxfee" : 0.01000000,
    "mininput" : 0.01000000,
    "errors" : ""

rpcuser=pictsidhe
rpcpassword=password
rpcallowip=127.0.0.1
rpcallowip=192.168.2.11*
rpcallowip=192.168.2.100
connect=54.203.244.170
connect=54.203.244.27
connect=54.199.237.235
noirc=1
listen=1
dnsseed=0
server=1



Your IP was likely banned because you were on a fork FYI

Get some nodes here: http://explorer.fluttercoin.us/peers.php

418  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 03:13:58 PM
ALL: if you want to find nodes to use, this page will list all nodes connected to a know good node:

http://explorer.fluttercoin.us/peers.php

As you can see, it will list the version and the starting height - the starting height does not mean that's the height that the client is on FYI.  that's just what block they were on when the client started...
419  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 03:02:22 PM
Whenever a dev forks a coin it is a serious event.  It can seriously hurt a coin if not done correctly.  Some things I noticed:

The mandatory wallet update is not mentioned in the title of this thread.  The title should be edited and the mandatory wallet info should be in all caps.
It is mentioned in the OP but not at the top of the page and not in near as big a font as it should be.

Devs think they are not responsible for letting everyone know about the new fork.  That is fine as long as you don't mind killing your own coin.

The nodes that are listed in the OP for the conf file must be updated if you fork a coin.  If the nodes are on the wrong fork you are going to have problems.

It was a great idea to switch to fixed rewards, that is a definite plus.

edit:  When the block number that the fork will occur on is reached the dev should be at the ready to fix problems.


Everyone should have known, an alert was sent out, and there was ample 1 weeks notice.  The nodes are on the right fork also.
420  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT - NEW Innovative Proof Of Transaction - PoT / PoW / PoS on: April 02, 2014, 02:57:55 PM
Someone needs to figure out which of the nodes are on the correct fork so that we can have the correct nodes in the conf file.

edit:  There are only 3 nodes in the conf file, that is bad form.

addnode=54.203.244.170
addnode=54.203.244.27
addnode=54.199.237.235
No nodes are needed all actually as long as dnsseed=1 and noirc=1 is enabled as per the recommendation

Name:    dnsseed.fluttercoin.us
Addresses:  81.152.199.1
          54.199.237.235
          54.244.220.101
          82.247.88.92
          134.249.161.21
          71.254.142.160
          76.183.161.20
          192.99.35.62
          54.201.183.106
          54.203.244.170
          108.6.129.72
          107.170.6.172
          162.243.208.243
          95.223.54.204
          192.99.13.127
          218.87.111.74
          82.231.120.170
          106.186.121.158
          86.9.102.73
          188.226.191.238
          74.91.20.250
          78.72.45.32
          192.99.44.159
          128.73.104.246
          171.98.87.1
          82.138.34.183
          148.251.12.124
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