-snip-
creating a new currency sounds like a very good idea, if you want to get rich quick, like me.
Well for one you're a little late and no one gives a shit about the 2000+ different alt coins. But good luck getting rich anyways.. |
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I think it will happen once Bitcoin really starts to take off. The banks and regulators seem to have shown interest this year. Perhaps next year we'll get the ETF along with greater adoption by banks and retailers then LTC will start to take off. I also think LTC will take off before any of the 2.0 currencies as the general public don't know anything about crypto to begin with. They will all be investing in the most popular crypto, which imo are BTC and LTC.
2017 is my guess.
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Stuff like this is sickening. I don't understand why people have to be so dirty in the crypto world. People should love and respect eachother!
Shit people all over the world not just in crypto. Trust no one. |
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Any ETA on new POS launch? Any decision on the ticker (FCX vs. FNX)  How are masternodes coming along? I'm excited for the future of this coin. I need programmatical suggestions on how to make it more efficient. I put up a vote No MNodes until code is perfect My suggestion is to keep masternodes out of it until they actually serve a purpose. |
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So somehow, one of my machines ended up on a fork for a few hours and I had some connections too. So everyone should check with the block explorer to make sure they're on the same block.
82708 right now.
If you need to connect to the explorer, addnode=194.135.93.51 I am also working on a new type of explorer  Example, www.chipcoin.info/explorer2I hope to finsish the fantom version within a week or so, really busy atm That's some fine stuff man! Side note, this is my new PoS Scheme:
int64_t GetProofOfStakeReward(int64_t nFees, int64_t nCoinAge)
{
int64_t currentBalance = pwalletMain->GetBalance();
int64_t nSubsidy;
int64_t nQunti = 0.5 * COIN;
int64_t currentSupply = pindexBest->nMoneySupply;
if(pindexBest->nHeight < 1000)
{
nQunti = 0.01 * COIN;
nLexi = 0.01 * COIN;
}
else if(pindexBest->nHeight < 10000)
{
nQunti = 0.1 * COIN;
nLexi = 0.1 * COIN
}
else if(pindexBest->nHeight < 20000)
{
nQunti = 1 * COIN;
nLexi = 1 * COIN;
}
else if(pindexBest->nHeight < 50000)
{
nQunti = 2 * COIN;
nLexi = 2 * COIN;
}
else if(pindexBest->nHeight < 85000)
{
nQunti = 1 * COIN;
nLexi = 1 * COIN;
}
if(currentBalance > 12000 * COIN)
{
nLexi = nCoinAge * (1 * CENT) * 33 / (365 * 33 + 8); // 1% Interest Per Annum
}
if(currentBalance > 25000 * COIN && currentSupply > 1500000)
{
nLexi = -50 * COIN;
}
if(currentBalance < 100 * COIN && currentSupply < 1080000)
{
nLexi = 8 * COIN;
}
if (pindexBest->nHeight < 99999999)
{
nSubsidy = nQunti;
}
else {nSubsidy = nLexi;}
if (currentSupply > 2000000)
{
nSubsidy = 0;
}
LogPrint("creation", "GetProofOfStakeReward() : create=%s nSubsidy=%d\n", FormatMoney(nSubsidy), nSubsidy);
return nSubsidy + nFees;
}
In English: It will follow the normal PoS Scheme till block 99999999 (set that number for now) When Block 99999999 is passed, these will be the new rules: - If your balance is above 12000, instead of getting HiPoS, you get 1% Interest p.a. - If your balance is above 25000 and the total supply is above 1500000 Fantoms, the reward (not appl.) becomes - 50 Fantom (a.k.a 50 Fantom Less) - If your balance is below 100 and the total supply is below 1080000 Fantoms, the reward is a generous 8 Fantom - If your the total supply exceeds 2000000 Fantoms, the PoS Rewards STOP and nFees hike* to support the stakers. * - nFees part is still being coded THIS IS APART FROM MNODES This is part of the process of making a self sustainable network, MQW is next, self modulating Transaction Fees and auto-PoW Turnoff I think u may have to tweak that a bit. 99,999,999 blocks will take 88 years. Also, people with 25K fantom can just split that into smaller wallets to prevent to -50 staking thing. Alternatively, they can split that 25K wallet into 250 smaller 100 wallets and stake some uber coinz. This was a joke right? |
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The reason for this is basically, the security is so little that a 50% Attack is possible, this is the solution, and why should I choose Skien?
Adding more PoW algos isn't going to bring more miners to further secure the network. |
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FantomText will not be implemented (in the next version, but will be soon) as it is a pain to install more dependances (Crypto++) but MultiPoW (Like Myriad) will be
Da List:
WhirlpoolX - GPU - Version 1
SHA256d - ASICS - Version 2
X11 - FGPA - Version 3
M7 - CPU - Version 4
Lyra2Re - GPU - Version 5
Velvet - CPU - Version 6
[NOT EXISTANT] - Version 7
Scrypt - ASICS - Version 8
NIST5 - GPU - Version 9
Magi M7 - GPU - Version 10
MyriadGroestl - GPU - Version 11
Any suggestions?
Leave it the way it is would be my first suggestion. If you must change it to MultiPoW then Scrypt,Sha256d,X11,NIST5,Velvet. That covers both asic types, fpga, gpus and cpu miners. |
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It looks like you have been working on this for some time now. Good job on simplicity and built in block explorer with rich list. Nice. Also like your distribution method. I just don't have the time to sit there all day and solve captchas but I'm sure many do. Good luck with your project, I will be keeping an eye on it.
Thanks, there's definitely some people who have more time than money out there, no doubt they'll sell what they've "mined" out of the faucet. If you have time we're trying to get listed on exchanged and we're up for a vote on Cryptsy https://www.cryptsy.com/coinvotes/#Voted. Just read your design features page and have a question about this: "The supply starts with 2^128 - 1 which satisfies the three supply requirements." That's 340 billion coins, is my math correct? Also you mention that's where the supply starts, is this coin inflationary and if so how much per year? Other than that looks like some nice features. |
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It looks like you have been working on this for some time now. Good job on simplicity and built in block explorer with rich list. Nice. Also like your distribution method. I just don't have the time to sit there all day and solve captchas but I'm sure many do. Good luck with your project, I will be keeping an eye on it.
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Most of us trust what OCMiner says. Don't need proof, his word is good enough. Stay away.
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I think we might need another exchange.
Apparently cryptsy is insolvent or is having problems. I have a "moderate" amount of bitcoin missing from there (not going to lose sleep over it) but others are having much worse problems and the chat admins are banning people for bringing it up.
My support ticket has gone unanswered after being told there's some sort of difficulty with btc withdrawals.
I think Poloniex would be fine as previous users have mentioned it. Let's make it happen.
I'm also having trouble withdrawing from there. I bought 16K tek and can't get it off cryptsy. I guess the good thing is I did get 100K tek off cryptsy and into my wallet just before these troubles. |
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First Russian Coin The first russian coin is not RUBIT. Check out AUM and SIB. No ANN in russian. The site doesn't have a russian translation, even not a .ru domain. 2015. Still using Scrypt. Even SIB have russian cryptoalgorithm called "GOST 34.11-2012 Stribog" embedded in the coin. Even ocminer did not want to make a pool for this. No, thanks; Next! I thought the first Russian coin was Novacoin.. |
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I'm a log-o-file too.. Just sit back and log those hours..  |
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This is interesting, so I guess we have to port forward our routers in order for this to work. I have firewalled i2p router but cannot connect to the bitmoney servers.
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Why I became 148.12000002 FNX balance?
previous 300 FNX
'coz u had to lock PoS as I did.  I thought this was fixed and a new release was available for download.. Dev pls confirm what the situation is. |
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getblockhash 135
00000e82eb00bf50bc26fea108d631cb6108ea3925de60b013fb8e620e901f1a
Correct. Correct, but we stuck on block 135 now... Diff for this algo is high for solo already maybe ... Its not because we are soloing, hash is hash, if there is enough then blocks should be moving 1 a minute every 28 seconds but that's not happening.. <edit> |
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maybe new release with checkpoint?
Correct answer here.. guys, I'm out. This needs to be fixed and then re-released. Since it just launched a re-launch should be painless. |
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19:52:07  getblockhash 50 19:52:07  000028e750d25374a23f7fd610c3c45c883715f25f756c78349d83748b0efc9b Please check Were not that high. Well, I am but that's something else.. getblockhash 40 0000157559b274369c8e04fefd150343c935402621176c87a4fa2a12849b4957 seems stuck anyways.. |
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