How will this increase the supply?
It has no effect what so ever, it'll just keep the blocks churning at the original defined rate. He's just having his fun  |
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If you use cgminer, you'll gain coins. If you send some to me, I'll gain coins. No one loses!  I'd send a donation to you guys for cgminer, but I make too little to do so. I'm just a poor boy, I need no sympathy Because I'm easy come, easy go, little high, little low Any way the wind blows doesn't really matter to me, to me  Please Keep up the great work |
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bPRdTuA9aw9AnXxGYMPt5Ra2edmMFUutqs Why not
Thanks
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February - MtGox is going to list Litecoin any day now!
March - MtGox is going to list Litecoin any week now!
April - MtGox is going to list Litecoin any month now!
May - When is MtGox going to finally list Litecoin?
...
..
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Year 2152 - MtGox is yet to list Litecoin.
Indeed, yet people are still keeping the LTC price up in the sky. Those same people should go put money into BFL ASIC as well, price is up due to same "one day it will be big" crap. Well, at least acknowledged that it was only in April that MTGox actually said that were going to do it. Also, that plan was delayed thanks to all of the attacks on the site, so it's not like there was absolutely no schedule for it |
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I don't know, I personally would like to have a coin that is still much faster than litecoin be the mainstream. People are used to one click paypal online already. Having to wait doesn't feel much like new technology.
In the case of that, it would probably be the same thing. As soon as the transaction appears on the network, say it's confirmed, then when X actual confirms apppears, say it's verified. Shouldn't affect to many people unless this is a live payment or something like that. |
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BTC - SHA-256, 10 minutes blocks, mined on ASIC, low decentralization
LTC - scrypt, 2.5 minutes blocks, mined on GPU, modest decentralization
YAC - scrypt-jane, 1 minute blocks, mined on CPU, high decentralization
Anything else is will become obsolete.
YAC is doomed too, don't be delusional The more of you who think it is doomed the better because it will hopefully never reach high enough N for GPU to start messing with it. I've already set 8 BTC buy at the bottom on the Bter so please go ahead and doom your YAC. Tell everyone to do it. The more YAC I have, the more will I put into making it big, very big. Not targeted at you in any way, but isn't that what everyone under the sun is trying to do with all of these clones? Also, even with it's minor scyrpt edit, the name alone dooms it to a minor market of hobbyists. Who's going to invest seriously in something called YAK, worse, it doesn't even have a true name, just a name that says it's "Just another coin". Even if the idea works, this implementation of it won't go too far. Regardless, hope it works out for ya. |
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Got 1m coin already  So that means you own 6.5% of the coins in circulation  [Edit] "In circulation" Either way, I'm not too sure about this coin. Seems like as it's already been attacked hard, and it can happen again |
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BTC - SHA-256, 10 minutes blocks, mined on ASIC, low decentralization
LTC - scrypt, 2.5 minutes blocks, mined on GPU, modest decentralization
YAC - scrypt-jane, 1 minute blocks, mined on CPU, high decentralization
Anything else is will become obsolete.
YAC is doomed too, don't be delusional |
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Also note that due to some extensive research and simulation run by our developers maaku and galambo we thing FRC will after this new algorithm goes into place have the highest degree of 'fitness' (the match between difficulty and actual network hash rate) of any coin EVER. All the parameters (adjustment ever 9 blocks, gain or 0.1025 and limiter of 1.055) have been carefully selected to be the absolute optimum to both respond to rapid changes in hash rate and to dampen the random fluctuations inherent in the PoW process. Both FRC, BTC and several other alt-coin historical data were used for simulated comparisons and similar parameters were found to be ideal in all of them, should our algorithm prove itself in this final real world test then we would recommend it be used universally.
I'm eager to see how it all turns out in actual deployment. Might take a while to get there @_@ So many blocks to mine, not enough hash power to do it XD |
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Killed in about two hours...Nice....
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Now if the blocks could update any more slowly |
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Oh look, a premined coin failing? Good.
Failing? It's actually making a huge improvement that will move it forward @_@ Also - Let's not toss around the term premine, it's basically become synonymous to "I wasn't a early adopter, so I'm mad" Not aiming this at you in any way, but come on, your kind of tossing around claims atm
- I wouldn't all the Freicoin Foundation a "premine", take a look at the reasons for it's creation
- At least this coin is trying something new
Regardless, for each his own. I personally like the idea behind this coin. |
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Fair enough then Was just a bit surprised with the size of the precompiled binary While I'm not sure about what will happen with yet another cryptocoin (pun intended) good luck with your venture |
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? It's about the same size as bitcoin-qt. If you mean the zip itself, that's because he included source files and an installer instead of just the standalone exe.
Personally wouldn't know of bitcoin-qt, as I perfer Blockchain's MyWallet. Yes, I'm referring to franko-qt |
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Will admit, the green is a bit ugly But I'll live with it |
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Yea just backup your wallet, nothing here is changing or invalidating old addresses on the chain and no one needs to move coins in the chain.
Right then, better safe than sorry |
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Orly? Where is your proof?
The install file comes with recompiled instances of the coin ASWELL as the entire source for you to compile yourself if you dont trust my compilation.
Might I ask you directly, why the client is 3x larger than most other variants. Not accusing, just looking for answers |
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So do we need to move out Freicoins to another wallet, or just backup -> update-> restore
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