Failure is not an option

Vegas

Today Griffith will be posting a VERY detailed explanation of Flynode. I cannot even begin to tell you how excited I am about this. Here is why:

Flynode is one of a kind technology.

1. Flynode requires NO collateral, only that you hold a min of 500 coins in your wallet.
2. Flynode "flys" around and randomly chooses users to reward. Everyone has the same chance!
3. Flynode is layered. What this means is for every additional 1 fly will add an additional 0.01% to the reward paid out by the flynode.
4. Max reward is 45%. You will need 5000 fly.

In these ways flynode is one of a kind!! This is a "Crypto first" that to get a node, your funds do not need to be locked or need collateral.
Also as you slowly add to your balance , even by 1 fly, your reward from the node will be larger.

There is no question, that word will spread fast, and everyone will know about Flycoin because of its unique flynode system

Griffith will post more details on this , as we are still in testing.

Also remember @ block 90k, the POS drops to 10%. So there are 3,000 more blocks that you can earn a much higher POS until then to get your fly node easier. I will raise the POS again in the near future to around 20%-25%. For now, Im playing it safe, to avoid inflation.

Vegas

Hi MM, thank you for your support once again. Something you can try thats worked for me is go into:

Tools-->options--->network---> and check or uncheck "map port using pnp". Close fly and reopen. Check your version is V2.4

The git we use to send your report to is: https://github.com/Greg-Griffith/Flycoin

Vegas

Hi, this is the latest thread, and at this time we do not have a needs for more translations. Thanks.

Vegas

I misread. I saw 1.2 and quickly read it as 1.2btc..lol . I think I saw what I wanted to see..

Vegas

Guys please keep in mind that you will need a minimum of 500 FLY to get the node bonus. Those that have that and more get all the benefits. If you dont have 500 fly, then at block 90,000 the stake % rate will be 10% for you. Those with 500 fly and more will get much higher rewards. My goal is to slow inflation as much as possible through many different methods. The next one will be a variant of POSP, and its called POSO.
POSO was created by me, to slow inflation. The way that it works is this. Should you close your wallet, your entire coin weight becomes 0. Those that keep their wallets online always, will have a major advantage to those that do not. So, this is a fair system. Simply keep your wallet online at all times for the biggest advantage. This will launch after flynode.

Vegas

We got over 1 BTC in trades on XDE2 yesterday..YAY!!

Guys the chain is beginning to stall. Please check you are on V1.70 and your wallet is unlocked for staking.

Vegas

We will begin the tests shortly for Flynode.

I will be posting the results of the tests here. Im VERY excited!! This will be great!!

Vegas

Alright, so people that have been in the Crypto scene that follow me, do so, not because I make them rich, they do so because of the things I write. Here are some great Vegas one liners.....

If you ever want to know how an airbag feels , then stand still, close your eyes, and I will take my bat , and swing it as hard as I can, right into your fucking chest!

ok , here is another..

They say what doesnt kill you will make you stronger. I dont feel stronger. I feel like my ass got kicked!

More to come. Thanks for the birthday wishes, and good health wishes from everyone. Ill start sending fly to those who took the time to support our 1st of many Birthdays!!!

Vegas

No worries Greg. I will be paying the winners tomorrow. Ive got a packed schedule today.

Vegas

I can confirm this is true. But really, I dont see the importance of this or the discussion of zapwallettxes. Lets discuss the future of Fly, and answer and questions regarding upcoming changes like Flynode and POSO.

Vegas

NOTE: If anyone is having syncing issues please create the xde2coin.conf , and add these nodes:

addnode=129.21.131.203
addnode=129.21.131.213

Vegas

So flynode is still being coded. I wanted to put a twist on the POSP system for our next update. Many of you know that I have been saying that inflation is the number 1 killer of a coin for many years. Its been proven 100s of times over with all of the worthless coins out there. So, knowing this I made fly intentionally inflate as slow as possible. There are many mechanisms that do this. The reason is to protect the coin from inflation. So I had an idea. For our next update , when your wallet is open and unlocked, youll gain coin weight. However, should your wallet close, your coin weight will reset to 0. Now, before anyone complains... This will apply to everyone. What this does is lower inflation even more. So, if you want the advantage, then simply keep your wallet online. If this is a problem , then work out a solution. The goal is NOT to hurt you, but to keep the coin as rare as possible, and to reward those that keep their wallets open and protect the network. So if you do this right, youll have a MAJOR advantage over others. If inflation is very low, then we can actually raise the POS rate. This new technology will be called POSO. "Proof of stake online"

Vegas

Its strange because I discovered the bug, then I asked him to fix it. He asked me to test it after his fix, and I did, and it worked. So who knows. Its working, thats all that counts.

Vegas

For any of you that hold this coin, I would strongly suggest buying more now. Here is why. In about 3-4 weeks the POS rate will drop to 25%. The coins will be VERY hard to aquire. It will stay this way until the price margin closes and the dumping stops. So while the POS rate is at 100% , get your coins now, as the price will rise because coins are being created at a much slower rate.

Vegas

Also we need suggestions on features you would like to see added to XDE2. Are there any very popular coins out there that you like because of a specific feature it has? I will pay a reward for great ideas!!! \

Vegas

So we will pay 5 xde2 per social media article. The page must be crypto related , and you must post to a different page each time. The article must talk about XDE2.  The community wallet is massive with 6,000 coins, and they dont belong to me. It was created for you guys, and I want to give it all away. You must hold a min of 100 xde2, and contribute to the discussion once per week. The Week will begin on Monday and end on Sunday at 5pm PST. Payouts will be on Tuesdays. There will be a wallet update released today or tomorrow.

Vegas

Vegas