quantumgravity
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November 27, 2015, 03:58:46 PM |
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The next release will be shifting decimal digits by 2 therefore making the coin scarce.
So, 100000 FNX becomes 1000 FNX So 1,000,000 becometh 10,000
Can you elaborate on this one? I mean what are the advantages of such a move? I can see nothing but complications. Yea, I don't think that would be a good idea either. The coin already has a low supply and inflation has quickly halted. If inflation is your worry, then make the block times 90 seconds or cut the POW rewards. Cutting the supply by orders of magnitude is not an equitable way to solve a problem (that isn't even there..) So, this is a joke then, right? lol Seriously, you should just carry on with what the plan was before. You are now essentially punishing your early adopters and those who have also put BTC into the coin. Low supply and slick marketing is not the key to success with a coin. Technology and innovation are. You're listening to that Cube guy in the ccex trollbox too much. Yes, that must be it.
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nikl
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November 27, 2015, 03:59:12 PM |
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The next release will be shifting decimal digits by 2 therefore making the coin scarce.
So, 100000 FNX becomes 1000 FNX So 1,000,000 becometh 10,000
Dev, it looks that you are trying to make from a great potential coin to 1 satoshi sheet. Stupid ideas about coin swap and shifting decimal digits. Maybe update the OP and wallet with right ticker to start?
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quantumgravity
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November 27, 2015, 04:16:18 PM |
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What about masternodes, tor, and I2P? And what is "sMP" anyway?
What will masternode rewards be? if a masternode is 512 FNX, then wouldn't you'd like to have hundreds, if not thousands? Small masternodes, combined with mainly solo CPU wallet mining and wallet PoS are ingredients for an excellently decentralized network which would then grow in number and in value by virtue of masternode creation: an extra node securring the blockchain and less supply available to buy puting an upwards pressure on price. You don;t need to artificially eliminate a glut in the market when the answer is in the title of your ANN all along!
Furthermore, if it is the rate of inflation that worries you, then proposals you have already made and said you were working on would vastly decrease inflation. If you hardened the PoW algorithm like you mentioned, then it would inevitably lead to less PoW blocks being found - especially if you made block times 90 seconds instead of 28 (again, like you had said)! Continue with these plans. You know that it will make this coin great! Keep innovating. Don't reduce this coin down to some rare commodity for traders to play with. Fuck that shit. Keep this coin as legit as it's damn well been since block one!
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DuckYeah! (OP)
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November 27, 2015, 04:21:45 PM |
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Okay, that was a proposal - only I didn't frame it right
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g3rszpi
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November 27, 2015, 04:22:09 PM |
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How much is the pow reward now?
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quantumgravity
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November 27, 2015, 04:23:49 PM |
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How much is the pow reward now?
5
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OneEvilCoin
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November 27, 2015, 04:24:42 PM |
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How much is the pow reward now?
5 How long will it last?
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quantumgravity
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November 27, 2015, 04:40:38 PM |
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If you look at the graphs on blocktree.io then it becomes apparent that the block time is more closely to 15 seconds on average - about 5700 blocks per day, which ends up being around 9000-12000 FNX minted per day. So, a block time change to 90 seconds will actually reduce newly minted coins to 1500-2000 FNX per day. Combine that with the cut masternodes will take from those rewards and a more robust algorithm to push back against GPU-closed-sourcers and then you'll have your rare commodity because demand will increase as well.
AND once privacy features are implemented, this may be one of the most well rounded and technologically advanced coins in crypto.
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quantumgravity
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November 27, 2015, 04:43:08 PM |
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A coin that will embody the spirit of decentralization and fair distribution that was originally the idea of Satoshi himsel, I have to add.
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Shkembe
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Epic Private Internet Cash
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November 27, 2015, 07:22:03 PM |
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Did you check the transaction ID in BE?
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MisO69
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My mule don't like people laughing
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November 27, 2015, 07:44:09 PM |
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You where probably mining on a fork. Check the block explorer http://www.blocktree.io/e/FNX Are you on the same block? You can also check your transaction ID on the block explorer. Actually would you mind posting it. It looks like one BE is on a different fork. Each have different block heights. Here is the peer list you should be using, its from the BE with the highest block. To correct your issue you will likely have to delete everything from %appdata%\fantom except for wallet.dat and fantom.conf. Modify your fantom.conf to include the peers below and you should sync up with the proper fork. However, Any coins you mined on the fork will disappear. addnode=85.25.200.125 addnode=78.69.188.169 addnode=73.203.5.98 addnode=104.238.135.136 addnode=133.218.164.201 addnode=108.61.103.113 addnode=117.87.25.141 addnode=97.81.194.218 addnode=218.90.166.77 addnode=178.150.3.240 addnode=84.2.34.93 addnode=75.118.11.55 addnode=46.188.33.88 addnode=218.90.166.77 addnode=218.90.166.77 addnode=116.25.160.214 addnode=108.170.155.17 addnode=193.198.102.32 addnode=187.58.54.241 addnode=75.118.11.55 addnode=81.191.41.44 addnode=94.52.19.22 addnode=78.22.55.200 addnode=78.22.55.200 addnode=177.148.156.182
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g3rszpi
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November 27, 2015, 08:47:21 PM |
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You where probably mining on a fork. Check the block explorer http://www.blocktree.io/e/FNX Are you on the same block? You can also check your transaction ID on the block explorer. Actually would you mind posting it. It looks like one BE is on a different fork. Each have different block heights. Here is the peer list you should be using, its from the BE with the highest block. To correct your issue you will likely have to delete everything from %appdata%\fantom except for wallet.dat and fantom.conf. Modify your fantom.conf to include the peers below and you should sync up with the proper fork. However, Any coins you mined on the fork will disappear. addnode=85.25.200.125 addnode=78.69.188.169 addnode=73.203.5.98 addnode=104.238.135.136 addnode=133.218.164.201 addnode=108.61.103.113 addnode=117.87.25.141 addnode=97.81.194.218 addnode=218.90.166.77 addnode=178.150.3.240 addnode=84.2.34.93 addnode=75.118.11.55 addnode=46.188.33.88 addnode=218.90.166.77 addnode=218.90.166.77 addnode=116.25.160.214 addnode=108.170.155.17 addnode=193.198.102.32 addnode=187.58.54.241 addnode=75.118.11.55 addnode=81.191.41.44 addnode=94.52.19.22 addnode=78.22.55.200 addnode=78.22.55.200 addnode=177.148.156.182 resynching now. Waiting to see what will happen, but, I think, I'll lost all coins. Probably not. Once the wallet will resync the transaction will appear as Conflicted and if you have "luck" the coins will remain in your wallet
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Bitdonator
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November 27, 2015, 09:26:23 PM |
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We desperate need more high vol. exchanges. Hope that one will pick up us soon I bought a bunch of dirty cheap Fantoms on C-Cex
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quantumgravity
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November 27, 2015, 10:02:39 PM |
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We desperate need more high vol. exchanges. Hope that one will pick up us soon I bought a bunch of dirty cheap Fantoms on C-Cex If I had anymore bitcoin I'd be puting buy orders in up to 600 and buying sell orders up to 1000. Hmm maybe I'll go to the ATM tomorrow if the price is still right.
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l8nit3
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November 28, 2015, 05:15:56 AM |
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lol heres hoping you do bought up a bunch at ~350 sat
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Bitdonator
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November 28, 2015, 08:25:05 AM Last edit: November 28, 2015, 08:44:09 AM by Bitdonator |
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Anybody hear about SteakCloud? http://steakcloud.com/If ST support Fantom, price will raise every day. You mine other coins with GPU and request withdrawal in FNX. Steakcloud must buy Fantom everyday on exchanges to pay users. Quoting this again, this service is really useful. If we get support from SteakCloud, Fantom will have buy support every day. From my calculation, I can get between 1000 and 1500 Fantoms per day, mining other coins with my GPU on SteakCloud. COMMON EVERYBODY, FILL REQUEST FORM: https://steakcloud.zendesk.com/hc/en-us/requests/newedit: SteakCloud thread: https://bitcointalk.org/index.php?topic=1178345.0
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jc12345
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November 28, 2015, 08:46:15 AM Last edit: November 28, 2015, 08:58:24 AM by jc12345 |
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LoL at all he talk about price. People think price is the first thing and then the rest follow. If there is one thing that gets under my skin in crypto is the hype about price and the tactics to get pice up through talk and other non-delivery type of activities.
The day people realise that price is a lagging indicator will be a jubilant day for crypto. For those that do not know what that means - it means that price is an indicator of actions by the dev and community. If a dev delivers and do stuff the price will reflect that and go up. At this point the wallet is still 1.0.3 and lots of talk about stuff. As soon as things change from talk-the-talk to walk-the-talk and some of the promises realize, the price will go up - until then it will remain low and go even lower. Remember that there are +1m coins out there and those that think everything is just talk will cash out and drive the price down. The longer until delivery, the lower the price. I am a strong believer in no hype and deliver first before you start to hype. Lots of hype has happened here with nothing to show for it (yet) and hence the loss in confidence. A coin needs confidence builders to keep people from selling. Talk and hype are unfortunately the lowest on the scale of successful confidence builder activities. Looking at things and how long stuff takes to happen here, I would say take a Jan-Mar 2016 view or cash out. Having said that the timeline of what view to take is up to the dev.
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ethought
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November 28, 2015, 09:55:23 AM |
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resynching now. Waiting to see what will happen, but, I think, I'll lost all coins.
Coins never disappear. If you sent coins to an address on the wrong block chain they did not actually go anywhere, in terms of the correct block chain. Its just your wallet thinks they were sent. Worst case scenario, dump your private keys and import into a new wallet and your coins will 'auto-magically' reappear.
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SockPuppetAccount
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November 29, 2015, 02:21:24 AM |
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resynching now. Waiting to see what will happen, but, I think, I'll lost all coins.
Coins never disappear. If you sent coins to an address on the wrong block chain they did not actually go anywhere, in terms of the correct block chain. Its just your wallet thinks they were sent. Worst case scenario, dump your private keys and import into a new wallet and your coins will 'auto-magically' reappear. Entering 'repairwallet' in the console usually fixes this as well.
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quantumgravity
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November 29, 2015, 07:00:10 AM |
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resynching now. Waiting to see what will happen, but, I think, I'll lost all coins.
Coins never disappear. If you sent coins to an address on the wrong block chain they did not actually go anywhere, in terms of the correct block chain. Its just your wallet thinks they were sent. Worst case scenario, dump your private keys and import into a new wallet and your coins will 'auto-magically' reappear. Entering 'repairwallet' in the console usually fixes this as well. I can confirm that repairwallet works. The same thing happened to me before.
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