1822
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT & Bleu Trade ** NO MORE FEES OF ANY KIND!!
|
on: June 09, 2016, 05:28:38 PM
|
@Cryptonit, I always enjoy your posts. They are always contain very wise and useful information. I would agree that dropping the base to 20% would encourage more locking. My biggest concern has always been inflation as it has been proven over and over again in Crypto that it is the Achilles heal of coins. I still need to make our table , so it can be discussed and tweaked on the thread before our code goes final.
@GoldTiger: Your post tells me that you truly care about this project. Thank you, you have been an amazing supporter of this project. You also see that over time fly will be the greatest crypto ever. No one is more determined to get that title and keep it than team fly. I wanted to clear up some confusion now that things have settled down. I have said in my past few posts that our changes will be one update then perhaps in a month when we know all is well another update. I think this is not too fast, but I could be wrong. I think you might be referring to our past. Let me be clear on what happened. When I started trying to integrate antidump, upon each release we thought we had it working correct, and it was always one problem or another. So after a problem was discovered, I HAD to force a quick release to get that fixed. Thats all it was. I agree with you, that constant non stop updates cause a train wreck, and its not what I want. It made everything very unstable. So we are now in a place were I want to calm the waters, and release updates at a nice pace. I think 4-6 weeks apart seems reasonable. Anyway, I didnt want you to think that I was pumping out updates because I thought it was just a good idea. I had to learn a hard lesson, and I have. We will now be using code from sources that are tested and proven, and release them many weeks apart.
Vegas
|
|
|
1823
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT & Bleu Trade ** NO MORE FEES OF ANY KIND!!
|
on: June 08, 2016, 08:54:20 PM
|
So to update everyone on our roadmap, the next update which will be released before the end of the week is the addition of POSP. We will allow about a month to make sure everything is running as it should. During this time we will be coding for the addition of HODL. Our version of the HODL code will differ in a few ways. First , the current HODL code benefits those the most that "lock" as early as possible (closest to Genesis). Our system will not function this way. It will not matter when you lock. There will be options to lock from 1-12 months. 12 months having the most rewards and 1 month having the least. It will be on a much smaller scale to avoid inflation. Probably 120% a year being the max. So these are some rough guidelines we are creating while we are studying HODL. There will still be the regular POS reward of 35% for those that participate only in POSP. HODL will be completely optional.
Vegas
|
|
|
1825
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT & Bleu Trade ** NO MORE FEES OF ANY KIND!!
|
on: June 06, 2016, 05:14:35 PM
|
Thank you Ivan. Many people kept on saying that the "startup bug" was in the code. In an attempt to put this problem away for good, I spent a few days non stop discovering what was really causing it. It turned out that if you have transactions from 2015 then something early in the code wrote "dirty transactions" into your wallet.dat. ALL early adopters from fly suffered from this, and thats why it took so long to solve, is because everyone was looking at the wallet code. The ONLY permanent cure that has worked 100% is to move your coins to a new address, thus eliminating any of your transactions from 2015. No one that has moved their coins to a new addy has had a problem since Vegas
|
|
|
1827
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT & Bleu Trade ** NO MORE FEES OF ANY KIND!!
|
on: June 06, 2016, 03:54:15 PM
|
Nope, now it crashes with every single version of the wallet I have. 2.0, 2.01.
Only 1 wallet.dat file available. I do have a really old backup in cold storage. Any other option?
Edit. It seems 1.4 version starts. Dump keys again?
yes, that is going to be your best bet. The good news is this will be the last time as V2.1 is flawless. Also if your still using your original address from 6 months ago or more. THIS is the reason for the crashes. You MUST send the coins to a new addy to stop this from ever happening again. The only people still having crashes on startup have very old Fly addresses that have transactions near the beginning of the chain. By transferring your coins, your transactions begin near the end of our current chain. Vegas
|
|
|
1828
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT & Bleu Trade ** NO MORE FEES OF ANY KIND!!
|
on: June 06, 2016, 03:39:31 PM
|
I was on 2.01.
Version 2.1, the usual issue, crashes after start. What was the command for zap wallet?
The best way to be thorough is to clear roaming/fly of the chain data AND run -zapwallettxes=1 in the target box of a shortcut to flycoin.exe and run at the same time. Vegas Cleared roaming, added -zapwallettxes=1 to targetbox of a shortcut and it still crashes. What do you mean run at the same time? Should I add any nodes? Nodes are already hardcoded. To be specific clear your roaming folder and run then run -zapwallettxes=1 . I worded my last instructions not so well. Coffee still hasnt kicked in yet. Did so. Nothing in roaming besides wallet.dat. It crashes. Do you have an older backup of the wallet.dat that is a month or two old you can try? If you rename wallet.dat temporarily , and run V2.1 does it launch?b If so recheck the version #. V2.1 is rock solid and has no issues, as this is the first wallet without any fees, as you already know, if youve got an older version that crashes, the challenge is getting there. Vegas
|
|
|
1829
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT & Bleu Trade ** NO MORE FEES OF ANY KIND!!
|
on: June 06, 2016, 03:34:09 PM
|
I was on 2.01.
Version 2.1, the usual issue, crashes after start. What was the command for zap wallet?
The best way to be thorough is to clear roaming/fly of the chain data AND run -zapwallettxes=1 in the target box of a shortcut to flycoin.exe and run at the same time. Vegas Cleared roaming, added -zapwallettxes=1 to targetbox of a shortcut and it still crashes. What do you mean run at the same time? Should I add any nodes? Nodes are already hardcoded. To be specific clear your roaming folder and run then run -zapwallettxes=1 (create a shortcut to flycoin.exe and add the zapwallet into a target box of a shortcut) . I worded my last instructions not so well. Coffee still hasnt kicked in yet. The main thing is to follow these instructions exactly and dont deviate. Vegas
|
|
|
1835
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT **
|
on: June 05, 2016, 09:27:43 PM
|
How can I get free Fly coin
We are actively seeking work for our wallet compiling service that can compile wallets for any platform including Mac, Rasberry PI, and Android (Staking and non staking). We also offer seed node services. If you know of a coin that can use our services and they purchase one of our services, we will pay you a "finders fee". The finders fee would be about 10% of the total cost of the service. It would be paid to you once the client pays us. When I get time, Ill make a proper table with actual rewards and post it on the OP. Vegas
|
|
|
1836
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT **
|
on: June 05, 2016, 06:41:37 PM
|
There may have been a tiny amount still stuck in those long addresses. I have offered to make good on this if they can give me a list. Cryptopia said they will take care of it. I cant, as I have no information on how much is stuck and with who, and the funds are in the Cryptopia wallets, not mine. Anyway its not about blame. In the end Cryptopia made good, and sent thousands of fly out to users that requested. So I dont want to start a circus here again. Adam and I have agreed not to have fly on Cryptopia anymore, so in my mind thats a closed issue. I have already moved on.
Vegas
|
|
|
1837
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT **
|
on: June 05, 2016, 04:03:24 PM
|
Speaking of Yobit. Someone is having an "emotional sale", and Im loving every minute of it. Its probably someone that obtained fly for nothing, and let their emotions get control of their irrational actions , such as selling thousands of fly for insanely low prices (60k!?!?!?!?). :LOL. Well, all I can say is thanks, and WOW what a bargain They should have known better than to come to Vegas and try this crap. Gawd I love Crypto Vegas
|
|
|
1838
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT **
|
on: June 05, 2016, 03:42:52 PM
|
Good stuff Vegas, I m glad everything s back in order.
Hey Man, youve known me now long enough to know, Im relentless and I never give up and I will drive this coin to a massive success. Any successful venture will have its bumps it the road. I know now what NOT to do..LOL . So I think 2 solid exchanges is good. However: PLEASE NOTE: WE THINK BLEUTRADE DEPOSITS ARE NOT WORKING. A FEW OF US HAVE SENT DEPOSITS TO THEM, AND THEY HAVE NOT SHOWN UP AT ALL AFTER MANY HOURS. GUYS UNTIL THIS IS SORTED, DO NOT DEPOSIT TO BLEUTRADE. THIS IS NOT A FAULT IN OUR WALLET AS IT WORKS PERFECT ON YOBIT!!! A TICKET HAS ALREADY BEEN SENT TO THEM. USE YOBIT FOR NOW.Vegas
|
|
|
1839
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: FLYCOIN ANN ** NOW LIVE ON YOBIT **
|
on: June 04, 2016, 10:18:39 PM
|
So now everything is settling down, we want to add features to the fly wallet that will give you all kinds of choices and options. The main driving point behind fly is going to be its crypto services such as wallet compiling, custom graphics for wallet or OP, and block explorers and seed nodes. When people want these services, we will only accept fly as payment. Now, we have looked at the popular coins and and what makes them popular. One example is POSP created by cryptobullion coin in which you MUST have your wallet online and unlocked for staking to get rewards. This encourages users to have their wallets minting and thus securing the network. Those who do will get the stakes, those that dont participate will lose the reward. The other technology that I am strongly considering is created by HODL coin. HODL coin offers a higher percentage annual rate to those that choose to "lock" funds away for the length of time they choose. The longer the term, the higher the percent. There are advantages and disadvantages to this technology. The advantage is users can earn MUCH higher percent per year by locking their funds away. Fly is already extremely rare with just over 200,000 coins and 1/2 of it is owned by the top 3 users and we dont sell. So with users locking away their funds for different lengths of time, this means less on the exchange and higher prices. The disadvantage is network security is normally much less. This is why Im proposing to add POSP for those that do NOT want to lock their funds, they dont have to. They will participate in securing the network with POSP and get regular stake rewards.
So the reason Im posting this is because I would like some feedback. If we added HODL "locking" technology to fly, the interest rates would be MUCH less than what HODL pays, because inflation is the #1 killer of all coins. So I would say 100-150% is the max per year. Im thinking to add an option for 1-12 months. Its important to understand that once YOU lock your funds away, they are locked for that term. You CANNOT access them until it matures. So as you can see, I really need feedback on this. If this is something you guys would want , then we have to come up with a table of interest rates. I Also feel there should be a minimum amount of fly needed for the different lengths of term. 12 months requiring the highest minimum to get in. This would encourage buying to meet that minimum. So this is kind of the direction Im heading. If implemented, YOU would CHOOSE to lock different amounts away for different lengths of time, or you would leave your fly wallet open and participate in POSP. So lets discuss this and share ideas.
Vegas
|
|
|
|