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1061  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 12, 2014, 06:45:07 AM
Please confirm dividends are paid weekly?

No, I guarantee only a weekly gain on 1 FIM costs of an asset and 1% the weekly income after that as 200'000 assets will be sold, that is only after IPO will be finished

But you can sell the assets in any time before the termination of IPO having got some profit

Buy on 100 FIM today you can quietly sell them on 104 FIM in a month

not sure I understand what you mean by "weekly gain on 1 FIM costs"?

I want to support FIM so will probably purchase some of your asset, so you will start paying weekly dividends and giving FIM some tx volume.

Please read http://forum.fimk.fi/index.php?topic=436.msg2450;topicseen#msg2450

I've read, but english is a real struggle and it is not clear.
1062  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 11, 2014, 07:34:19 PM
Please confirm dividends are paid weekly?

No, I guarantee only a weekly gain on 1 FIM costs of an asset and 1% the weekly income after that as 200'000 assets will be sold, that is only after IPO will be finished

But you can sell the assets in any time before the termination of IPO having got some profit

Buy on 100 FIM today you can quietly sell them on 104 FIM in a month

not sure I understand what you mean by "weekly gain on 1 FIM costs"?

I want to support FIM so will probably purchase some of your asset, so you will start paying weekly dividends and giving FIM some tx volume.
1063  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 11, 2014, 07:46:24 AM
Please confirm dividends are paid weekly?
1064  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 10, 2014, 09:37:00 PM
Is anyone allowed to buy?
1065  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ArenaCoin [ARN] --ZeroCoin implementation-- ---500% annual interest--- on: November 09, 2014, 04:04:41 PM
To be honest I've never been convinced by ZeroCoin.

The whole system seems quite academic to me: it got someone a paper published, but beyond that it's pretty useless... The scalability issues, plus the requirement for a trusted entity to conduct a one-time setup of the parameters of the system and they "throw away the keys".  These kind of security assumptions are laughable.

What are you doing to address these so that you actually have a viable system?

As stated before , the proofs could be stored outside the block chain for  scalability issue , and concerning the assumptions about security issues this could be easily verified as the code is open source



"could" by some magic?  Do you have a solution or not?

The assumptions cannot be verified in the code as they require you to know a secret on which all anonymity is built.  This is the flaw.  You could not possibly include it in the source code.  It must be kept secret.  The fact that you must know the secret (or never look at throw it away) really unravels the whole ZeroCoin idea, since we all must trust in you, which is not decentralised nor trustless.
1066  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ArenaCoin [ARN] --ZeroCoin implementation-- ---500% annual interest--- on: November 09, 2014, 12:59:05 AM
To be honest I've never been convinced by ZeroCoin.

The whole system seems quite academic to me: it got someone a paper published, but beyond that it's pretty useless... The scalability issues, plus the requirement for a trusted entity to conduct a one-time setup of the parameters of the system and they "throw away the keys".  These kind of security assumptions are laughable.

What are you doing to address these so that you actually have a viable system?
1067  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 08, 2014, 02:06:34 PM
Meh... the names just don't do it for me.  Bitcoin is a very good name.   Multicurrency Operating Financial Offspring is not a very good name in my opinion.
1068  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 06, 2014, 01:04:14 AM
It should just start it on localhost and do away with all the overcomplicated UI.
Which part of the UI is the most overcomplicated in your opinion?

Thanks for actually being interesting in user feedback.  This is so much better than other coins where the developers don't ask and don't care.  You guys are doing a really good job and I hope you receive my comments below constructively.  They are just my opinion.  I'm no expert.

1] I think the MofoWallet will be really good, but I am not keen on the name as it sounds a bit like a joke.

2] I can't see the benefit of the all the front page with all the "Power by..." stuff.  When I bring up a wallet, I want it to go right into my only wallet or give me a list of wallets to choose from.

3] Can't see the point of having whether the server is running as an option.  The less low-level options (in the user's face) the better.  Run the server by default.

4] The application flow of "Create account" -> "Existing FIM Account" does not make sense.  Perhaps you mean "Create wallet" -> "Existing FIM account"?

5] Make opening a wallet give two options: "Brain wallet" or "Wallet file"  Many users actually prefer brain wallet for its simplicity and you shouldn't try to force them into wallet files if they don't like that sort of thing... especially in the NXT community

6] No sure about the option of saving secret phrases to wallet... seems kind of risky.

7] When I click on "Forging" I get a dialog asking me to enter the server URL.  In my opinion this is overcomplicated.  Why not just automatically have the server running (it is energy efficient after all!) and have a toggle button for forging (on or off).  When you switch it on, it asks for your password.

8] I don't care about themes.  I think a uniform branded look is probably best.  Professional icons, etc.  Make it unique.

Other than that, it looks like it will be a very cool wallet.
1069  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ANN: NFD_Asset on: November 04, 2014, 08:15:38 AM
Why not ask the community?
1070  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 04, 2014, 12:05:40 AM
MofoWallet is not too bad actually, starting to like it.  Just need all the functionality there mining and leasing and everything.  I think it should not be so advanced with letting you start mining on a remote server.  It should just start it on localhost and do away with all the overcomplicated UI.

Otherwise it looks like you're off to a great start.
1071  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 03, 2014, 11:56:26 PM
Thanks, but I am using the standard (fully functional) NFD client.  How to do it with that?

OK - I did it with the MofoWallet for now.  Seems a little. awkward.

Thanks for your help
1072  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 03, 2014, 11:44:18 PM
Thanks, but I am using the standard (fully functional) NFD client.  How to do it with that?
1073  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ANN: NFD_Asset on: November 03, 2014, 11:28:21 PM
Nice to see this happening.  We need more such "proxy assets".  Perhaps you could also proxy some popular NXT assets here?

I do own some NXT asset myself.
if enough people in NFD interest, i can provide someother proxy assets.
what kind of asset you want?

Something like HRLTCGEAR. That could create a lot of NFD volume.
1074  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 03, 2014, 07:51:35 PM
How to initialize a new account that does not have a public key?
Initialize, what do you mean with that?

When I try to send FIM to that new account. It says it needs a pub key in order to do so.  However, unlike the NXT UI, there's no field to input the pub key.

How to initialize a new account that does not have a public key?
Send some FIM to other account or register alias (from new account).

That's the point: i cannot send to it because the sending client (0.3) complains the new recipient account does not have a public key.  yet, unlike NXT, there is no way to input the recipient accounts public key in order to complete the send operation.
1075  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 03, 2014, 08:10:23 AM
How to initialize a new account that does not have a public key?
Initialize, what do you mean with that?

When I try to send FIM to that new account. It says it needs a pub key in order to do so.  However, unlike the NXT UI, there's no field to input the pub key.
1076  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 02, 2014, 10:15:19 PM
How to initialize a new account that does not have a public key?
1077  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NFDv2] - NFD Coin - Available on bter.com - Critical bugfix release! on: November 02, 2014, 12:29:09 PM
Great, I will support the NFD forever... , great team help us get the coin to reality from the IPO scam  Grin

+1

I am always very impressed how well MaWo keeps up with the new releases.  Also he's doing a great job as NFD is quite stable!
1078  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NFDv2] - NFD Coin - Available on bter.com - New MANDATORY update! on: November 02, 2014, 12:28:34 PM

Hello, every one,
i have just released a new nfd asset
asset_id:2715225107522293218
you can find a bit more information here
https://bitcointalk.org/index.php?topic=793647.0
I hope this asset will provide a little buying force for nfd
5th week
Hello, every one.
The TMC has distributed its bonus: 0.001173CNY+3satosi/TMC,
According to this exchange rate: ~2200CNY/BTC, 2satosi/NFD
0.001173/2200=53+3=57satosi;
57/2=28.5NFD;
the dividend is 28.5/TMCasset.
I will charge 5% fee, so the dividend is 27.075NFD/TMCasset.

Dont you think this asset is way too overpriced?
ROI on this asset is 6500/28.5 = 228 weeks ~ 4 years, if NFD continue to trade constantly at the current rate for the next 4 years.
Once NFD takes off,  the asset holders can forget about ROI.

A better option would be to increase your service charge to say 20/25% but make sure the ROI would be possible within 6 months or so.
That will attract more people to this asset, I think.


Sorry for the low ROI, but the TMC itself is on that ROI.

This is a good asset and we need more NFD "proxy assets" like this one.  Anyone setting them up can earn 5% on whatever they are proxying it.  People will buy them in order to support NFD.
1079  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ANN: NFD_Asset on: November 02, 2014, 12:26:28 PM
Nice to see this happening.  We need more such "proxy assets".  Perhaps you could also proxy some popular NXT assets here?
1080  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: November 01, 2014, 11:21:46 PM
Great work!

What's the purpose and future plans behind having a multi wallet for FIM, NXT and other alt coins?  Cross blockchain trading?
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