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Author Topic: [ANN] FAILCoin | UPCOMING RELAUNCH | FAIL HOLDERS - PLEASE FOLLOW THE THREAD!  (Read 50225 times)
spartak_t
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April 06, 2015, 03:44:12 PM
 #1










             



       
                                                                                                                                Indonesia





FAIL was born on 8 March 2014 6PM GMT as an answer to the hundreds of new coins launched with no purpose, and because of those
who were created to benefit few people, and to FAIL the rest. We think that such actions are hurting cryptocurrencies in general, because they forced many people
to just give up on them. Nowadays trust in a coin is "building" by using fancy threads/images, features and giving false promises. Each and every day we are seeing
numerous coins popping up. They promise you "the Moon", but at the end they are leading you to another failure. These people are doing it only because
of the money involved and they just don't care about what will happen tomorrow or after 10 years from now. These people don't care if cryptocurrencies will exist
in future, they just want to steal your trust, time, money, coins and move on to another scheme. That is why so many good coins and their developers are struggling.
There are still good and honest people who are involved in cryptocurrencies not only because of the profits, but also because of the future possibilities they can provide.
We are trying to be among these people and we will use our knowledge and community to make our cryptoworld a little bit better than it is now.




Algo: Scrypt Hybrid PoW/PoS 2.0
Initial block reward: 12 coins
PoS interest: 3% anually
Block time: 64 seconds
Difficulty retarget: Every Block
Min transaction fee: 0.0001 FAIL
Fees are paid to miners
Confirmations: 10, maturity: 50 Blocks
Min stake age: 8 hours, no max age
P2P port: 15646, RPC port: 15647
Premine for Swap: 20,000,551 FAIL

Burned coins TxID: bc2460d2a1d4361eea018bb4f011bff348ec0085efcb9719d97f571fc851a280
(earlz's addresses. http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses
You can simply do a CTRL+F, add specific address and see it: F5q7ToS5rKDfdAt2rgf9yPXY2f21wp8sq4

Burned coin amount: 4,374,111.7303088 FAIL
Total initial supply: 15,626,440 FAIL

Sample conf:
Code:
rpcuser=user
rpcpassword=rpcpass
port=15646
rpcport=15647
rpcallowip=127.0.0.1
daemon=1
listen=1
server=1
addnode=137.224.145.30
addnode=157.161.128.54
addnode=185.128.41.157
addnode=193.164.140.162
addnode=217.174.50.64
addnode=37.187.167.145
addnode=62.210.206.140
addnode=89.212.118.169


Block reward halving schedule:

First 888 blocks are with 0 reward to prevent instamine.

      888 - 492,750        (~1st year  - 6 coins)
492,750 - 1,478,250   (~3rd year - 3 coins)
       1,478,250 - 2,463,750  (~5th year - PoW is over)

FAIL future ~supply (including premine):

PoW/PoS ~supply: 39,689,357 coins after 5 years

6th year: 40,880,038    10th  year: 46,011,067     14th year: 51,785,863     18th year: 58,285,447     22th  year: 65,600,786
7th year: 42,106,440    11th  year: 47,391,400     15th year: 53,339,439     19th year: 60,034,011     23th  year: 67,568,809
  8th year: 43,369,842    12th  year: 48,813,142     16th year: 54,939,623     20th year: 61,835,032     24th  year: 69,595,874  
9th year: 44,670,938    13th  year: 50,277,536     17th year: 56,587,812     21th year: 63,690,083     25th  year: 71,683,751






           






   




                                                                 
                                                                                                                                                                            
                                                        


TBA!




"We can't force you to mine, buy, sell or support FAILCoin in any way.
We are begging you next time you're faced with a choice about
buying or supporting some cryptocurrency, do the right thing.
It hurts everyone less in the long run."



We have failed and scammed number of times, because we are trying to be honest and we believe in humanity.
The result is not always good though. FAIL will start as a simple PoW/PoS coin and our goals will be:

1. Building strong network and community.
2. Working hard on adoption.
3. Stick around and not run away.

Our team will support FAILCoin with personal funds and it's own profits from other coins.
We will be open to discuss our future as a cryptocurrency with all the people who show
interest in it and give their suggestions. We are not going to lie though - this will take time.
That is why we will almost never give ETA about anything which leads to FAIL development.


TBA!


TBA!


TBA!


TBA!




PROJECT LEADERS:

  Androidicus   batesresearch     LordPaco       pnoch          spartak_t
                                   
 
    
COMMUNITY MANAGERS:

        devnullius         mellon             Moze            retnods            
                                            


Nowadays many people are asking for PoD (Proof of Developer), which has proved that it is not working, but still some of you continue to ask about it.
For your convenience we decided to present you PoF (Proof of FAIL). We hope that it will satisfy your demands:








NEW PROMO VIDEO:


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spartak_t
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April 06, 2015, 03:44:27 PM
 #2

Reserved!

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April 06, 2015, 03:44:34 PM
 #3

Again?
ocminer
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April 06, 2015, 03:44:47 PM
 #4

Yo ! Smiley

Preparing the pool Smiley

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
louiseth1
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April 06, 2015, 03:45:43 PM
 #5

Same!

Edit: https://suchpool.pw/fail

Hashrate.biz - Private mining operation.
Encrypted chat: http://slychat.io
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April 06, 2015, 03:46:59 PM
 #6

Swap went smooth.

Burned coins TxID: bc2460d2a1d4361eea018bb4f011bff348ec0085efcb9719d97f571fc851a280
(earlz's addresses. http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses . You can simply do a CTRL+F, add specific address and see it: F5q7ToS5rKDfdAt2rgf9yPXY2f21wp8sq4 )

Burned coin amount: 4374111.7303088 FAIL.


https://empoex.com/trade/FAIL-BTC

Code:
[url=https://empoex.com/trade/FAIL-BTC][img width=300]http://i.imgur.com/HTfbFXl.png[/img][/url]


LTC MARKETS:


https://empoex.com/trade/FAIL-LTC

Code:
[url=https://empoex.com/trade/FAIL-LTC][img width=300]http://i.imgur.com/HTfbFXl.png[/img][/url]

Happy trading!

If you use twitter, RT:
https://twitter.com/EmpoExchange/status/585109238894166017 - Markets,
https://twitter.com/EmpoExchange/status/585115422489505792 - Proof of burned coins.


Thanks for choosing EmpoEX.

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April 06, 2015, 03:47:20 PM
 #7

https://fail.suprnova.cc

is ready, please add to OP !

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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April 06, 2015, 03:47:32 PM
 #8

Yo ! Smiley

Preparing the pool Smiley

Me too!!

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April 06, 2015, 03:48:28 PM
 #9

Guys, I need to finish some stuff before I do that (source, wallets). Then will post translations as we have 5 or 6 ready.

louiseth1
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April 06, 2015, 03:53:39 PM
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Guys, I need to finish some stuff before I do that (source, wallets). Then will post translations as we have 5 or 6 ready.

When do you plan to launch, 1-2 hours still?

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April 06, 2015, 03:55:41 PM
 #11

When do you plan to launch, 1-2 hours still?

No, earlier! Probably 15 mins or so...

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April 06, 2015, 04:02:21 PM
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Countdown or a surprise for us?
KidCrypto
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April 06, 2015, 04:03:48 PM
 #13

Its a really really dumb name. Will never work IMO.
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April 06, 2015, 04:05:48 PM
 #14

where is source?

EDIT: Nevermind:D

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April 06, 2015, 04:06:27 PM
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swap is over ? how many coins swapped ? are you going to burn rest ?

  ☠ CRAVEEmbraces the privacy movement ☠   
    Your Market. Your Blockchain Business. Your Profit.   
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17kKQppUsngUiByDsce4JXoZEjjpvX9bpR


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April 06, 2015, 04:06:42 PM
 #16

I'll join this coin!!
Because I was part of this FAIL  Grin

https://bitcointalk.org/index.php?topic=505290.msg5695654#msg5695654

louiseth1
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April 06, 2015, 04:07:17 PM
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We're compiling, should be up shortly

UP! https://suchpool.pw/fail

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spartak_t
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April 06, 2015, 04:08:42 PM
 #18

swap is over ? how many coins swapped ? are you going to burn rest ?

Yes. Probably about 20% of the old FAIL was not swapped. Sad Will clear those things with EmpoEx (they are holding the coins), but now we have other things to do...

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April 06, 2015, 04:09:16 PM
 #19

swap is over ? how many coins swapped ? are you going to burn rest ?

Yes I really to know too how many swap?
I already sold all old fail last year.

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April 06, 2015, 04:10:19 PM
 #20

OK Suprnova is up and finding blocks.

The first blocks (until 888) are zero reward though...

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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