FLY COIN ANN.Swapping to "Las Vegas"coin,+Masternodes,Darksend,Stealth, instantX

[carlo_0000]

i took a look at the richlist
what surprise me, there are a lot of wallet that not stake 

[1715314973]

1715314973

[1715314973]

1715314973

[1715314973]

1715314973

[1715314973]

1715314973

[1715314973]

1715314973

[1715314973]

1715314973

[FogHorn_LegHorn]

https://bitcointalk.org/index.php?topic=1366963.msg15384351#msg15384351

1 btc for a working windows wallet.

[Woody20285]

Short story cut short, house burnt down, what have i missed ?
Im on v2.2.0.0 is that ok and is there anything major about to happen ?
Many Thanks
Crunck

Wow - so sorry to hear this. You have been missed!
Make sure you are on the newest wallet.

[Woody20285]

i took a look at the richlist
what surprise me, there are a lot of wallet that not stake 

One person that has a top wallet has never staked. I guess someday
they will open and get a big reward all at once.

[galacticpilgrim]

Just stepping away from recent projects to come check in on the FLY family! It's nice to see that FLY is on another exchange and that the other services are working out well...

I'm excited to experience the POSP action...should be awesome

Good job on the successful forward movement guys!!

[vegasguy]

Yes, we will slowly add more value to fly as time goes on

Vegas

[midnight_miner]

Short story cut short, house burnt down, what have i missed ?

Im on v2.2.0.0 is that ok and is there anything major about to happen ?

Many Thanks

Crunck

You in Fort Mac?

[vegasguy]

Hey Crunk that is truly terrible. I am very sorry to hear of your misfortune.

Vegas

[vegasguy]

Many of you know we have close ties to Europe coin. They are launching their own version of HODL. I need to gather more information about it, but here is the basics:


Europecoin will have its own Hodl algo and technology, it will have an own, unique, mechanism named "Bitbreak" (from Bitsend),
that will prevent the blockchain from stopping on low mining support, by lauching a disributed emergency network of micro-miners, from every wallet.

Also should the POS% be lowered again soon? Even though there are much less than 200,000 fly, the buy support is weak. I feel it could be because of the many forks that we had attempting to implement antidump. This is past us now, but I feel many people are not aware. What can we do as a group to improve things? A rebrand? Lower POS? Other suggestions?

Guys I really have proved over and over, that I do the right thing every time, so I am not sure why our price is not stable. Fly will be around for years. Should we lower the POS% even more and reward early adopters? If so, to what %?


Thanks in advance.

Vegas

[BanzaiBTC]

Many of you know we have close ties to Europe coin. They are launching their own version of HODL. I need to gather more information about it, but here is the basics:


Europecoin will have its own Hodl algo and technology, it will have an own, unique, mechanism named "Bitbreak" (from Bitsend),
that will prevent the blockchain from stopping on low mining support, by lauching a disributed emergency network of micro-miners, from every wallet.

I welcome suggestions.

Vegas

Keeping a close eye on this myself.. Since this is one of the biggest turn offs about the system.. Too many people locking up funds lol..
I remember the same thing with XRA.. At one point there we're just too many people holding/locking coins to gain maximum returns, which caused the chain having issues...
Then again, this issue can easily be solved by having multiple vps's staking in the background as back-up.. with the right settings (block split wise etc) this will keep the chain moving at all time.. Maybe not as fast though, but moving..

An even better option would be to make it possible for "locked" funds to be movable on the same address.. As in, it is allowed to stake (in/out going tx's), but funds cant be send to another address for the locked time period

I'm not 100% sure how HODL works (Havent looked into it very deep) but I assume you lock coins, and receive a higher stake rate in return for the locked coins? If you can adapt that to a higher rate, locked but stake-able coins.. your pretty much there imo.. Just need to make sure funds are locked in the address, instead of an unmoveable period of time

(kind of hard to explain when you're not a native hehe)

So to make it simple:
Lock coins inside an address
make the address stake-only
Make sure the address is not allowed to send out/receive funds to/from a different address until the locked period is over

[Woody20285]

I have some Hodl and the locked funds appear to be incrementally
increasing through POS? within the locked section of the wallet.
It seems to calculate what the higher interest will be and slowly
approach that amount as time passes. The problem with Hodl coin
is the POS rate for lockups were so aggressively high that there is
concern over mass inflation.

The concept I believe is sound if "CD (lockup)" interest rates were
high enough to  attract locking but, not crazy high.


The accrued interest and accrued value are constantly increasing
to approach the maturation value.

[BanzaiBTC]

I have some Hodl and the locked funds appear to be incrementally
increasing through POS? within the locked section of the wallet.
It seems to calculate what the higher interest will be and slowly
approach that amount as time passes. The problem with Hodl coin
is the POS rate for lockups were so aggressively high that there is
concern over mass inflation.

The concept I believe is sound if "CD (lockup)" interest rates were
high enough to  attract locking but, not crazy high.


The accrued interest and accrued value are constantly increasing
to approach the maturation value.

If that is the case, it seems similar to my suggestion.. forget what I said 

[vegasguy]

I would say lets watch and wait to see how the HODL system works with Eurocoin. We are still changing over to POSP at block 77,000. If the Europecoin works as it should , then I will look into integrating it, but on a MUCH smaller scale. Probably wont go over 40% on the highest end to avoid inflation or even less if so preferred.

Vegas

[metamorphin]

I would say lets watch and wait to see how the HODL system works with Eurocoin. We are still changing over to POSP at block 77,000. If the Europecoin works as it should , then I will look into integrating it, but on a MUCH smaller scale. Probably wont go over 40% on the highest end to avoid inflation or even less if so preferred.

Vegas

Yes...you hit the nail...in Europecoin, we had really headaches to find a healthy scale, but we think, we found one.

I give you one share of our HODL-Timelock-system:
https://bitcointalk.org/index.php?topic=901605.msg15417045#msg15417045

"2. Time Lock Bonus
If you lock an amount of  ERCs a term deposit, you can also get a bonus on the interest. The bonus is just a multiplier of the interest, so if you locked up 100 ERC for 1 year, you'd expect a return of 5 ERC.  (Capital 100% + Interest 2,4% + Term Deposit Bonus 2% until 3%)."


The positive affect of HODL is, the more coins locked the more price increasing. So its absolutely important, to discuss the scale, because if you lock your coins with a rewardrate of 100%, it could kill the whole ecosystem of your coin.

We started our race loaded with a total amount of 320 mio coins; so we also decided to swap our coins for a ratio 1:10.


So, everyone now knows me as a big fan of HODL-system; so that I am for sure would vote for HODL in FLY.


Greetz
Steve

[vegasguy]

Fly is better than ever. Ive worked very hard to get us on 2 exchanges. The wallet is flawless, and even the inflation is very low (Only 50,000 coins added in 1 year). We are approaching our 1 year anniversary. The problem is there are those people that stay in the past. Our challenge now is to get the word out that fly is working perfect, and with much less updates, and no wallet crashes, and also no fees of any kind. Time will help, and word will spread. I have changed our title, so simply posting here, will get the word out to people. Please support fly in getting the word out that all is well.

Vegas

[Woody20285]

You are definitely right. The new wallet is working great.
Fly has a sound basis not to climb higher

[szenekonzept]

Fly is better than ever. Ive worked very hard to get us on 2 exchanges. The wallet is flawless, and even the inflation is very low (Only 50,000 coins added in 1 year). We are approaching our 1 year anniversary. The problem is there are those people that stay in the past. Our challenge now is to get the word out that fly is working perfect, and with much less updates, and no wallet crashes, and also no fees of any kind. Time will help, and word will spread. I have changed our title, so simply posting here, will get the word out to people. Please support fly in getting the word out that all is well.

Vegas

hy nice you managed, to get over this small cryptopia crises, to.There are mad people everywhere and sometimes they are only funny, when you are watching them from far away ...

i saw some discussion on Europecoin's coming new nature. To bring some clear picture about our plan, i will describe it and  will compare it to the
coin, that inspired us, to use this model: HODL Coin. We took some of its inventions an added some important features, because we learned from its mistakes.

First of all we will do it via a coin swap We could have done otherwise, but we don't like to risk, having bugs, just from the forking mechanism.
But uniquely, though we are doing a coinswap, we ported the address space of Europecoin to the new coin, and ported its database. So after the swap,
nearly all addresses are the same and the addresses, our users have been spreading over time, will stay valid.
So if you gave a friend an address to use for sending ERC, he can still use it. We have already finished building our own semi automatic swap server with VPN and encrypted protection.
So everything is already in place. This will be a zero panic switch.

The swap will reduce the total amount by a factor of ten (320 mio / 10 = ~32 mio)
We did not like the total amount of coins, because it prevents many people from taking ERC serious (though it would not matter in about five years).
32 mio has not the problems of to many coins and don't have the problems of rare coins, that ar always struggling, to build up enough community, to
sustain healthy trading. 32 mio is a great number and will be reached after over 10 years

HODL has already a big blocksize, but we will take is even further, running a 5 minutes Blockchain with 10mb Blocksize

Our interest rates are exactly as Metamorphin posted two post ago

Then, if you have watched HODL COIN, it had some problems to sustain enough network, to make the Blockchain move.
We solved that problem, by adding the "BITLOCK" funktion. It jumps in, if mining goes under a certain limit and it activates all user clients,
to start micro-mining and to move the chain. The best on this solution is, it scales.

Now to the confusions around the timelock function. Our coins are giving a tiny interest to every coin for the first 30 days, so that you will have to move your coins afer this time, to get interest again.
TIMELOCK is just adding a multiplicator to this interest and you don't need to move them during that periode, to sustain this interest.

However in hodl coin, you are getting higher interest, for locking the coins longer. We changed it and made the shortest period the most profitable like: 3 month :5% per year (given you relock the coins every 3 month)
// BUT 6 month 4% a year, given you have to relock just twice, to reach you time. So in short: We focused on rewarding those, who touch their coins more often.

The interest rates are very low. The coin will have a low inflation, possibly nearly none. There are possibly 90 mio / 10 = 9 mio coins out in the wild

(minus about a third of the coins, they are believed, to have been trashed, when the coin was dead, but after the swap, we will know for sure)

this makes Europecoin a very lightweight semi rare currency and this is also the point where not even a millibit of code, logo, style, mindset is left from
its first start, as a ico scam coin. Also the time of successful maintenance by our team, after reboot, is twice as long as the scamer has been operating ERC.
He is DELETED ...

have fun
excited
Matthias




FEDERATED BLOCKCHAINS RELATED:

@VEGAS please get up to date with happenings around Federated Blockchains,
we are having an investor and this will be, ME  (i am about to found another company with a new Partner)
We are having some venture capital

(here has been our funding, but i decided, not to make it that public)

and will hire developers very soon,
first money already arrived and we have just finished renting our office and workspace.



Part of the development, this company will engage in, are including  Europecoin and Federated Blockchains.
(both are part of the plan) I am planning to hire those developers exclusively out of the crypto community.
I am watching several projects and of course keep my eyes open around Federated Blockchains, to finds out,
who is engaging the most for the future of Crypto Currency.
We are developing a Federated Blockchains based p2p point of sales cash-system for average merchants with complete altcoin support.
First hardware for the first prototypes already arrived this week too (touchscreen payment terminal barebones for our software).

Because Federated Blockchain (base system) and Europecoin
(together with Bitcoin first ones we advertise, because first sales will be probably in Europe)
are playing a major role in this concept, we have been able to convince our investors to sponsor these Projects to.

more to come ...

please read starting from here:
https://bitcointalk.org/index.php?topic=1456407.msg15324799#msg15324799



.

[/size]
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[metamorphin]

After reading this stuff, all should get now the point, what this means for cointeams, which joined us already.

One of the big part here is Flycoin! look here on the page: http://www.federatedblockchains.eu.org/logos

We believe in Flycoin and of course, as an exclusive member of fedchain, they also have exclusive access in federated blockchains projects too.
Its not too much for understanding, that we hit huge ressources for devs of the world in some weeks/months and Flycoin of course would get some advantages too.

Greetz
Steve

[okane818]

Hello Vegasguy,

Long time never login, I was in vacation,

Well, I never heard the news about fly, but, I think I'm lost,

Where is the fly now for exchange? 

as of now, my fly no network connection.

let me find it or you help me.


best regards

okane

[Woody20285]

Hello Vegasguy,
Long time never login, I was in vacation,
Well, I never heard the news about fly, but, I think I'm lost,
Where is the fly now for exchange? 
as of now, my fly no network connection.
let me find it or you help me.
best regards
okane

Hey okane,
Welcome back!
Everything is working really smoothly.
Make sure you are on the current no fees wallet
     Version 2.2.0.0
Fly is currently on Yobit and BlueTrade.

Here are my current connections:
"addr" : "194.135.93.51:41568",
"addr" : "70.189.144.30:41568",
"addr" : "74.118.192.18:41568",
"addr" : "24.231.65.205:41568",
"addr" : "90.222.64.45:41568",
"addr" : "94.192.215.129:41568",
"addr" : "24.200.66.3:41568",

Woody