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Alternate cryptocurrencies / Announcements (Altcoins) / Re: Feathercoin [FTC] - time proven, fast, secure and unique POW coin
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on: February 15, 2017, 01:53:08 PM
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Do we know when the new website will go live?
Thank you very much
Iam doing some final tweaks, should be live in a few 3-4 days. Regards, ChekaZ Awesome! Can't wait to see it. Did you want to use my video at all? https://www.youtube.com/watch?v=QGku68RYbMgIf so I could tweak it a little to match your design if you like. ... The background from the new wallet loading screen is pretty great too which I could use that to open the video. Glad to see you still kicking around. I REALLY like that video as Ive said before, awesome job! Id like to see it used in marketing and on the FTC website somewhere. Thanks! I'm always happy to see the same crowd around here too, stability is key. Stability is why this has been my #1 alt coin for years now, its not going anywhere, its going to run as normal decades from now, and at some point it will be an incredible rarity given that age is the one crypto characteristic no one can write into a new coin release.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: Feathercoin [FTC] - time proven, fast, secure and unique POW coin
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on: February 14, 2017, 11:32:25 PM
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I think with LTC and other older coins potentially adopting segwit FTC is in a great position. BTC miners aren't going to switch, the high fees are too profitable and I don't see them wanting to risk messing around with a more complicated code. Their refusal will force us to wait until solutions to scaling and such happen without hard forks. But solutions will come, and one day they'll be running the same BTC core with DAOs and millions of transactions per second. Today BTC isn't being used for commerce anyways, its being used for investment and international transfers- neither of which require a faster network.
Looking 10 years from now. BTC is worth a ton and scalability is solved without hard forks. No one remembers segwit, unlimited or whatever else except that certain older coins adopted them and permanently changed. Whereas FTC not taking any of these hard forks can remain using a simpler code, and then adopt bitcoin's non-fork solutions when they come. Which coin will you want at that point? FTC which stuck to bitcoin's simpler method, or the old coins that adopted betamax?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: Feathercoin [FTC] - time proven, fast, secure and unique POW coin
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on: January 19, 2017, 07:40:32 PM
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Was Feathercoin ever listed at poloniex?
No never. - We know why, we are trying to push towards that we can get listed in the near future. Regards, ChekaZ Hope it gets there one day. I request it now and then. Comes down to a blanket policy they have where no coin without its own unique genesis block is permitted. Easy way for them to keep out a lot of crap, but they should make an exception for such an old reliable coin with long following community.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts
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on: July 25, 2016, 01:14:28 PM
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This is the software people were running last week, DAO theft and all, and it was worth over a billion. Nothing changed except who is using it. ETC is the new name for what we were calling ETH last week.
All that actually happened here was that a new fork was created based on an earlier state of the ledger and a significant group that includes main devs, miners and investors left to follow that new creation. They were also backed by strong voting majority, but in a very low turnout vote.
What we are seeing is price discovery for ethereum without its previous big investors or devs. They brought ETH over 1 billion in the first place...BUT...the spite money will be hard to predict. There are a lot of rich BTC and other alt coin supporters who are in competition and would like to see the ETH devs and their investors fail.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETHC] Ethereum Classic: Immutable Smart Contracts
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on: July 23, 2016, 07:27:47 PM
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Appreciate the project. But if EthHF holders can use their coins on the Eth Classic chain, won't it be likely that they'll just dump it to 0 ?
I think this will be a big problem for ethc. Most big holders like ethHF devs will have enough ethc to wipe out any meaningful value for ethc on exchanges. They can, and likely will, destroy the buy side of the order book because they will be anti ethc. It will be difficult to build market cap. This just means potential investors will have the opportunity to buy in cheap, which in turn they will no longer be "potential" investors. ETC is exactly the same as ETHF, without mutability. Nothing has changed except the top brass, which is the best thing that could have happened to Ethereum. This is the best thing that could have happened. Especially for those of us who wanted to invest in the ETH tech, but missed the boat and think its over priced. Long term buy support will wipe out the big holders for sure. If they want to force the price of this in the "scam coin" range to discredit it, they'll sell their entire stash for a few thousand- bring it on!
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts
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on: July 23, 2016, 06:41:02 PM
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I will gladly buy some ETHC. So many dissenters to the HF, this has more than enough potential backers to succeed. Also I don't agree with what they did and hope the existence of ETHC will send a message to the communities of older coins especially Bitcoin. Don't mess with immutability or you may split the coin in 2!
Its terrible every time investors lose their money from an unseen fault in a coin's code...but that happens to us all from time to time, its the risk we all accept investing in alt coins.
Well said Sir, well said. For the record, it wasn't Eth's code, but TheDao's shitty code. Ah yes, of course that is true and helps the argument for ETHC. It has good fundamentals, even if it has an unfortunate theft on its books. If you think about it. A few days ago people were contributing to this very blockchain we are referring to as ETHC. Theft and all, it had a market cap of a billion dollars. After the HF, a lot of people stopped mining it, and many more stopped paying attention to it, but it remains the same chain that a few days ago was worth an incredible amount of money. No way can that all of a sudden be worthless. As somebody said earlier, the way to contribute to ETHC is to keep using it as usual- just don't upgrade. This is still the release that a few days ago was worth a billion dollars.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts
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on: July 23, 2016, 06:23:18 PM
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I will gladly buy some ETHC. So many dissenters to the HF, this has more than enough potential backers to succeed. Also I don't agree with what they did and hope the existence of ETHC will send a message to the communities of older coins especially Bitcoin. Don't mess with immutability or you may split the coin in 2!
Its terrible every time investors lose their money from an unseen fault in a coin's code...but that happens to us all from time to time, its the risk we all accept investing in alt coins.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Mirrax's HIGH RISK altcoin investment guide for 2016
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on: May 12, 2016, 12:45:03 PM
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I have to confirm that. - Mirrax = Conquerer just for clarification. Regards, ChekaZ I am not miraks or Conquerer. Right spelling is Mirrax/Conqueror The link about is FTC team opinion which i do not share. In fact i see such accusations as wrong and not acceptable. This decision is huge shame for FTC team and will not be forgotten. Sorry if I have this wrong, but here is what it looks to me what happened: Kraken gave Mirrax 100000FTC to deliver as bounty for smart contract implementation. When the price shot up, Kraken gave direction to sell the FTC for BTC at 9500. Mirrax sold the coins at 4000 instead before it got that high. Now Kraken is asking for the funds returned and Mirrax is refusing to send anything (not 100000FTC, not 9.5BTC, not 4BTC). Is that correct? And are you the person making this decision to hold these funds? If so why? They were dedicated for smart contract creation, so the only person who should have a right to keep the funds indefinitely is the person who develops smart contracts for FTC. Again sorry if I have this wrong, but what am I missing? What accusations are unacceptable?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad 0.11.2.0 | 0.11 Upgrade | 1st Multi-Algo | New web site
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on: May 07, 2016, 01:08:48 PM
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OK, I'm going to correct your terminology a bit so it is more clear. A wallet can contain multiple addresses, and an address here is what I believe you're referring to. Sending multiple transactions to a single address does not expose the the public key of the recipient,
Right, thanks. I'm not the only one that uses "wallet" that way though- again might be because I'm pretty old school. In Multibit classic your addresses are listed and the column they are under is titled "wallets". So at least previously in terminology "wallet" = "address". appreciate you letting me pick your brain..... One more question then too just to make sure I have this. Each address is essentially comprised of 3 things: the address, the public key, the private key....is that right?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad 0.11.2.0 | 0.11 Upgrade | 1st Multi-Algo | New web site
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on: May 07, 2016, 01:58:43 AM
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Thanks for the help! I think I can create a good script from my knowledge now. Of course I'll post for discussion and to iron it out.
One question though, not really important for the video I dont think, just curious. I've been into Bitcoin since 2012 so I am pretty old school admittedly, but being a non-coder the newer methods are fairly beyond me. The comment given to me about the old coins and using single addresses for all transactions as an insecure method.... I have heard about that creating a security risk, but honestly I just don't see how. I can look up some of the top addresses in btc, ltc, ftc or whatnot. Some of them have 100s or 1000s of transactions in and out all from the same address, yet I haven't heard of people losing coins beyond poor password security (and some other rare instances around poorly constructed wallet software). Bitcoin seems very secure and people with lots of money are trusting it - so what is the risk?
Well, from how I've heard it explained, it comes down to upcoming potential insecurities regarding quantum computing. An address is actually a hash of the public key, not the public key itself. Once you make a transaction you expose the public key, thus if anyone solves the quantum computing problem (and that's a pretty big "if") it might be possible to derive the private key and steal funds. We won't know when/if that happens until someone pulls it off. We probably have (at least, given the current state of quantum computing) many years until it becomes an issue. Folks are just trying to create good practices for wallets to prep everyone. It will be a big deal (lots of news) if it's solved (or broken depending on how you look at it). Ah, thanks so much. That makes a lot of sense. Puts 2 things together I've been wondering about for a while. I knew a transaction would expose your public key AND I knew the bitcoin crowd have said defense against quantum computing was possible- but as of right now most people aren't prepared. But I thought the inherent exposure risk was from sending out from your wallet only- whereas in receiving nothing is exposed. Is there something riskier youve heard around having multiple transactions into a wallet vs a single transaction in?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad 0.11.2.0 | 0.11 Upgrade | 1st Multi-Algo | New web site
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on: May 06, 2016, 10:12:37 PM
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Thanks for the help! I think I can create a good script from my knowledge now. Of course I'll post for discussion and to iron it out.
One question though, not really important for the video I dont think, just curious. I've been into Bitcoin since 2012 so I am pretty old school admittedly, but being a non-coder the newer methods are fairly beyond me. The comment given to me about the old coins and using single addresses for all transactions as an insecure method.... I have heard about that creating a security risk, but honestly I just don't see how. I can look up some of the top addresses in btc, ltc, ftc or whatnot. Some of them have 100s or 1000s of transactions in and out all from the same address, yet I haven't heard of people losing coins beyond poor password security (and some other rare instances around poorly constructed wallet software). Bitcoin seems very secure and people with lots of money are trusting it - so what is the risk?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad 0.11.2.0 | 0.11 Upgrade | 1st Multi-Algo | New web site
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on: May 06, 2016, 10:05:56 PM
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Good point. Perhaps, more precisely, a good starting point would be a description of Bitcoin mining. For example, "Myriad is a new digital currency, like Bitcoin, that is secured and distributed by a process called mining..."
Personally I don't think its necessary to first explain Bitcoin mining. If someone doesn't have a general knowledge of how mining works, they probably wont be far enough down the rabbit hole to hear about Myriad anyways. . . .Concise is key to a good marketing video so its important to limit the amount of info (people have short attention spans).
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MYR] Myriad 0.11.2.0 | 0.11 Upgrade | 1st Multi-Algo | New web site
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on: May 04, 2016, 04:28:55 AM
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Hey all, I'm a professional videographer/animator/marketer. I'm going to make a video for Myriad. I need to start with the script writing, but it would help me to have some discussion first. I like to make sure the script is something the community can agree with. My Questions: 1)Can someone explain how exactly the multi-algo method is able to run on multiple hashes- sorry i don't quite understand it. I see the value of being able to be mined in multiple formats, I just don't understand how its a fair competition from one algo to the next. IS there some sort of underlying algo that says that, for instance, 1MH worth of script is equal to 10MH of SHA256D or something like that? Does it fluctuate? Since they run at different speeds, how does the system keep it fair and not favor one particular algo over another? 2)Why can you send to multiple addresses for 1 wallet? I found that confusing and if it confuses me it probably confuses other newcomers. Any coin I have has 1 address per wallet and thats it. You always send things to the same address. Not saying anything is wrong with the MYR method, its actually a cool feature for keeping your payees organized, just needs to be explained up front. For reference here are a couple videos I've done for cryptos: https://vimeo.com/user3823797/review/87464754/171b8b97eahttps://vimeo.com/user3823797/review/163159225/5fafa01a78https://vimeo.com/user3823797/review/87444315/a68e602db0MYR clearly has clever development and a healthy community- both fundamentals to success. But it lacks proper presentation and marketing. Since multi-algo is a tough thing for non-coders to wrap their heads around, I think that's holding the coin back.
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