OLD FLY THREAD

[vegasguy]

Im quite sure you missed the part that the Superfly wallet that rewards all but the rich ("Rich" is over 5000 FLY) comes from the VERY high TX fees (10%) that ALWAYS goes to the superfly wallet automatically. Its hardcoded into wallet 1.6. So Superfly wallet will NEVER run out of funds, as it is funded by 10% of ALL transactions.It is funded every few minutes. It main purpose is it helps EVERYONE except the "rich". Thr rich are those with 5000 FLY or more. The rich are automatically excluded from SuperFLY rewards. When the wallet becomes really large and it will, it will be used to help those devastated by scams like Paycoin and Crave, or maybe a wallet stealing virus. The SuperFLY wallet is clearly marked on the richlist and ANY outbound transaction will be voted on by the SuperFLY team and THEN announed in public in great detail. It will leave no question what the funds are being used for. EVERY transaction out of the superfly wallet will clearly be labeled. Im glad I clarified that, and thank you for your time.

Thanks

Vegas

[cdajdk]

With a 10% TX fee,  does that mean if you want to sell off stakes ( as everyone has to eat...)  to avoid the fee, your "savings" address should be YOBIT and not a wallet?  If you buy FLY on the exchange and move to your wallet,  does that also incur a 10% TX fee ?   A little confusing as to when/where the fee is applied.

[vegasguy]

With a 10% TX fee,  does that mean if you want to sell off stakes ( as everyone has to eat...)  to avoid the fee, your "savings" address should be YOBIT and not a wallet?  If you buy FLY on the exchange and move to your wallet,  does that also incur a 10% TX fee ?   A little confusing as to when/where the fee is applied.

Thanks for your question.

Your question was: Does your savings address have to be a yobit address: Your stakes will automatically move to the "savings" wallet without fees. So it would be best to use  Yobit as your savings account to avoid fees and you should. This is where superfly comes in. If you have 100 FLY or more and have done a name claim on the richlist, you will automatically get stakes from a massive staking wallet called SuperFLY. SuperFLY is funded by those massive tx fees. So about 9.99% of the tx fees automatically goes into the superFLY wallet and if you have 100 FLY and have name claimed and followed the "no sell from main wallet rule", youll get stakes from that. SuperFly has already a balance of 1000 FLY and will grow fast.

Vegas

[szenekonzept]

I hope this clears up any confusion. Im glad to answer any more questions.

Thanks

Vegas

Thanks for clarifying your views. Much appreciated. 

I think the "saturated Market"  scenario does only apply to coins, (and then probably to any coin) if it doesn't develop  further.
Since crypto, static money policy isn't working any more and every crypto, that forgets innovating will immediately decline.
That said , you have to see the current FLY concept as an "upstart" concept. The day a crypto reaches "save heaven" does simply not exist any more.
The days where people have to fear bad money policy are going to get replaced by days, when bad money policy has to fear people.
Thats the real magic of crypto.


.

[szenekonzept]

By  the way: Shit i missed the piont with superperfly i guess,
do i have to do any action?

[vegasguy]

By  the way: Shit i missed the piont with superperfly i guess,
do i have to do any action?

No. You are automatically disqualified as you are over the limit. The limit is 5000 FLY. This program is designed to help those with less than 5000 FLY or "the little guys".

Vegas

[szenekonzept]

By  the way: Shit i missed the piont with superperfly i guess,
do i have to do any action?

No. You are automatically disqualified as you are over the limit. The limit is 5000 FLY. This program is designed to help those with less than 5000 FLY or "the little guys".

Vegas

ah, nice, so i know what you are talking about i was just unfamiliar with the name.

.

[cdajdk]

Thanks for the response... What about going from YOBIT to your wallet?  Is there a TX fee?  I like to acquire more coins on dips, need to know if I need account for the 10% fee.

[vegasguy]

yes there will be a charge to go from yobit to your wallet. You will easily make this up when you hold long term as youll get your own stakes AND if your not over 5000 FLY youll get stakes from SuperFLY. 10% tx fees have not started yet, neither has SuperFLY.


So now would be a good time get get as much FLY as you can before wallet v1.6 that activates higher fees and SuperFLY and wallet V1.6 should be released in the next 1-2 days.

Vegas

[GoldTiger69]

Does anyone know if one just copies and pastes the conf. file in notepad. Then add it to app/roaming it will work as is?
Like the one on the OP? With just the add nodes?
I have done that before with other wallets and does not seem to work. Is there info to add to conf. file to make it work correctly?
Something like this:
server=1
listen=1
daemon=1
enableaccounts=1
addnode=
addnode=
addnode=
rpcallow=123.34.56.7
rpcallowip=123.34.56.7
rpcconnect=123.34.56.7
rpcport=??
rpcuser=user
rpcpassword=password

I can add nodes to wallet manually, but when wallet is closed. It all disappears, then have to do it all over again.
Big pain in arse!

Does someone knows if just adding nodes in conf. file works with just the add nodes?
As I only have a few actuve nodes currently showing.

Thanks for your help in helping me get this straighten out.

Peace, Dennis

Dennis, the rpcport is: 41567 (rpcport=41567)

As a matter of safety, I would use another rpcuser and rpcpassword, just to be on the safe side (at least make the rpcpassword to something really hard to guess, like jKd48VQsD347xXtHaKkk5Bi33ur, you got the idea).

Just a suggestion

[vegasguy]

the flycoin.conf file can run with addnodes only. Remove everything else.

Vegas

[metamorphin]

The ccreturnchange will not return the change unless you send the tx with ccsend. So you will need to use the checkbox for transactions still unless you will use ccsend.

for fly multisend was named to savings. so to setup savings:

Code:

savings <FlyCoin Address> <percent>
savings coinstake true
savings activate

That will set you up to not worry about any returning of change as it will be automatic for savings transactions. If you have a normal tx just make sure to use the 'return change' button.

Thanks presstab! I ran the three commands above and they seem to have worked. Since I won't be sending coins anywhere unless they were generated from staking, I don't think I'll need to worry about the "return change" button. The "savings" commands you provided should keep me in compliance with the richlist rules, while keeping me from having to send anything to Yobit manually.

Thanks again 

Ladies and gentlemen,

I've made an interesting observation:

When I activate the savings over the wallet and try to activate it over "tools", this never worked for me. But now, I typed the order from presstab over DEBUG windows, this works FINALLY for me!

Try it, I could bet, u see a wonder!

Greetz
Meta

[The_Final_Fate1111]

Snatched up a few hundred flycoin today.  I'm looking forward to this project.

[metamorphin]

Snatched up a few hundred flycoin today.  I'm looking forward to this project.

Over exchange?

[vegasguy]

Please make sure to do a name claim on the richlist. Also just to remind everyone the requirements to remain eligible for SuperFLY rewards:

You must hold atleast 100 FLY.
Outbound Transactions are not allowed. Use savings as stated on the OP
Post something useful about FLY on this thread or even another thread, your welcome to get the word out and advertise about FLY on other threads but you must POST the link on this thread atleast once a week. If you just post on this thread, your post MUST have meaningful content. It could be: How to use coin control, or how to use savings, or ask a question about fly, make a suggestion about what you like or even what you dont like about fly. Not just "go fly", or "cool coin".
These useless comments are spam and you will be disqualified.
There are NO SECOND chances. If you miss a useful post once a week, your removed from the SuperFLY staking rewards without warning. That means the remaining people will get MORE of the pot.
Now in the real world "Snitches get stitches", but we are in crypto, so Im not saying its a good idea to catch someone who either hasnt posted that week or has made an outbound transaction (which will disqalify them) from their wallet, and PM me and snitch on them. This would only create a larger staking rewards as there would be one less to share with , and we wouldnt want that

This is gonna be a lot of fun.

Vegas

[vegasguy]

Snatched up a few hundred flycoin today.  I'm looking forward to this project.

Over exchange?

I didnt see a few 100 FLY move on the exchange..

Name:    The_Final_Fate1111
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Boy they have already started early, havent they? LOL.


Vegas

[metamorphin]

Snatched up a few hundred flycoin today.  I'm looking forward to this project.

Over exchange?

I didnt see a few 100 FLY move on the exchange..

Name:    The_Final_Fate1111
Posts:    1
Activity:    1
Position:    Newbie
Date Registered:    Today at 07:58:32 PM
Last Active:    Today at 08:00:53 PM
ICQ:    
AIM:    
MSN:    
YIM:    
Email:    hidden
Website:    
Current Status:    Online Online
Gender:    
Age:    N/A
Location:    
Local Time:    October 27, 2015, 08:16:48 PM


Boy they have already started early, havent they? LOL.


Vegas

Lol...this was my intention...to see his foul

[cdajdk]

Vegas,

To what address does the superfly send the stakes?    Do I have to register a savings address or does hit my wallet like a normal stake and go to the registered savings address?

Or is it designed to help you grow your principal?

-JK

[Woody20285]

Vegas,

To what address does the superfly send the stakes?    Do I have to register a savings address or does hit my wallet like a normal stake and go to the registered savings address?

Or is it designed to help you grow your principal?

-JK

1st set up a 2nd address in recieve. Then, lable it POS so you don't get confused.
2nd go to tools-savings. Paste in POS address type in 100 in percentage area - click Add - click Activate
Then, Click View Savings - it should show the POS address and percntage and show Savings Active.

Once you stake the POS does not immediately go to savings until the 70 confirms is done.
Then, it shows up in the savings address. To check, go to Coin control after the 70 confirms
and will see stake block main address and POS in POS address

[cdajdk]

Thanks for response Woody,  I get the savings part and how it works, was more curious how the SuperFly wallet is designed or is that all embedded into the same wallet as function of how the wallet stakes (both from the superfly fund and from your normal balance)?

-JK