[ANN][FAI]ΦFree Anonymous Internet --Decentralized Blog, Messenger,Market,Dapps

[fai]

The fact that the Dev premined 99% of the coins, automatically converts them into a kind of "centralized bank". In fact, they openly recognized that if the FAIcoins go up too much, they will sell, and if it drops down, they will buy. Isnt that what the Banks/Governments usually do?

Note this, if the FAI coins reach $1 USD per coin, they will be billionaires, and a few users will get a few thousand and the majority almost nothing. Same old story of concentrated wealth by bankers at the spend of other people...

What if Satoshi Nakamoto would have premined 99% of the Bitcoins?
Bitcoins would have been a joke by now.
  

read .257 please
read .257 please
read .257 please

What does that even mean

It means read post #257.
I did read it, but I don't think it offers a satisfactory explanation.
It would be a shame if this project go to waste since it's a great idea.

Additional 2 points:
1
What's premine? All the coins mined before a newcomer enters are premine to him--no matter who owns the coins, they are premined.
Is there a fair distribution method?Can a newcomer of bitcoin ask for compensation from premine?Of course not.
But, the answer is true for FAI
2
If as you wished , "no premine", then ,
Either total coins versus fee is too few, so fee will be very high, so there'll be few contents, so the project will fail;
Or total coins versus fee is too much, so the blockchain will be filled with spam contents, so the project will fail.
Conclusion: "no premine"=doomed to fail

[fai]

First FAI website: indeed.fai

[worhiper_-_]

First FAI website: indeed.fai

perhaps there should be a turorian on how to setup one.

maybe there are several features that go unused because no one has showed people what fai is capable of. :p

[fai]

First FAI website: indeed.fai

perhaps there should be a turorian on how to setup one.

maybe there are several features that go unused because no one has showed people what fai is capable of. :p

tutorial: f-a-i.net/api
FAI is a platform.And it's evoluting. When you understand the principle, you can ask fai dev team to develop the functions you need.

[pjcltd]

FAI wallet is now stable on BTCPOOL.EXCHANGE

[fai]

FAI wallet is now stable on BTCPOOL.EXCHANGE

We just tested. It is working well.

[fai]

subreddit: https://www.reddit.com/r/f_a_i

[fai]

github source code link:
https://github.com/fai03a6/freeanonymousinternet/tree/master

[fai]

Please vote for FAI in Cryptsy:
https://www.cryptsy.com/coinvotes/

[dawveed]

github source code link:
https://github.com/fai03a6/freeanonymousinternet/tree/master

+1  for the developers for sharing the source code.

[fai]

Guys, don't be so quiet...
Make promotion plans, we will support you with not only Faicoins, but also Bitcoins if needed.
FAI is a community, promoting itself is fun.
Or ,tell us advice for improvement, we will try our best to implement.

[knowone]

As someone asked earlier, isn't the blockchain going to be enormous if FAI becomes popular? Is there at least some concept for how to deal with this, or is the price of posting going to rise enough to discourage casual use?

[worhiper_-_]

As someone asked earlier, isn't the blockchain going to be enormous if FAI becomes popular? Is there at least some concept for how to deal with this, or is the price of posting going to rise enough to discourage casual use?

Depends on what you would consider a solution. A simple solution to make transacting FAI more accessible would be creating a client that would still have wallet functionality without having to be a full node. Having full access to FAI's features without having to store the blockchain would be more tricky though. Since FAI is something new, it's not like someone could just alter the code of a lightweight bitcoin wallet and create a "lihtweight" FAI client with all functionalities so simply.

[fai]

As someone asked earlier, isn't the blockchain going to be enormous if FAI becomes popular? Is there at least some concept for how to deal with this, or is the price of posting going to rise enough to discourage casual use?

Thanks for question.
1 max block size is 1.15M. 3min/block. So max content size is around 550M per day(this costs 550k Faicoins). Max content size per year is 200G. A 1T HD can store 5 years of full blockchain content. This is worthy because maybe this 1T includes the most important and interesting contents in the world.
2 We strictly control the number of Faicoins in circulation, to prevent spamming, and also to ensure the quality of contents.

[fai]

As someone asked earlier, isn't the blockchain going to be enormous if FAI becomes popular? Is there at least some concept for how to deal with this, or is the price of posting going to rise enough to discourage casual use?

Depends on what you would consider a solution. A simple solution to make transacting FAI more accessible would be creating a client that would still have wallet functionality without having to be a full node. Having full access to FAI's features without having to store the blockchain would be more tricky though. Since FAI is something new, it's not like someone could just alter the code of a lightweight bitcoin wallet and create a "lihtweight" FAI client with all functionalities so simply.

Yes ,you are right.
Currently we are working on android version which is a light node version.

[fai]

Any one can help on the following projects?
blockchain explorer
GPU mining
mining pool
website to veiw fai contents

[s1]

I've observed that I can modify any website in ...\Fai\appdata\filepackages and the changed-site comes up in FAI Viewer with up-to-date blocks.   While this would only affect me, I might be passing along site to nodes that download from me?

Is this bug or feature?


Also, with the HTML so accessible, it could be possible to have any FAI node return that HTML in HTTP request?  If so, no site would be needed for content, rather a list of FaiNet node to render content.   Think of this as a decentralized and Denial-Of-Service-proof content provider

With FAI viewer, you can browse the HTTP world.  With this approach, the Chrome (in HTTP world) could seamlessly search FaiNet.  The advantage of FaiNet over HTTP world is that you can search the FaiNet Web even without an internet connection!  And with above, people could use the browser they prefer most (I am thinking).

[s1]

One more feedback item...When using on touchscreen, you cannot scroll the viewer page (with touch) like you can with Chrome.  At least that is my experience.

[fai]

One more feedback item...When using on touchscreen, you cannot scroll the viewer page (with touch) like you can with Chrome.  At least that is my experience.

This is an important point. We'll test it.

[fai]

I've observed that I can modify any website in ...\Fai\appdata\filepackages and the changed-site comes up in FAI Viewer with up-to-date blocks.   While this would only affect me, I might be passing along site to nodes that download from me?

Is this bug or feature?


Also, with the HTML so accessible, it could be possible to have any FAI node return that HTML in HTTP request?  If so, no site would be needed for content, rather a list of FaiNet node to render content.   Think of this as a decentralized and Denial-Of-Service-proof content provider

With FAI viewer, you can browse the HTTP world.  With this approach, the Chrome (in HTTP world) could seamlessly search FaiNet.  The advantage of FaiNet over HTTP world is that you can search the FaiNet Web even without an internet connection!  And with above, people could use the browser they prefer most (I am thinking).

Your got the point!
It's a feature.
But only webpages not using fai-api can be browsed outside FAI client.