FreiCoin (FRC) discussion (was FreiCoin (FRC) for TRC, PPC, LTC or BTC)

[galambo]

Proposed Freicoin Notations


Standard Notation:
Use the symbol ⌠ to represent Freicoin in everyday transactions. The symbol is a truncated 'long s'. It is a simple symbol to write by hand, has low ambiguity with other symbols in the alphabet, and can be used to replace the decimal mark.

You can access this symbol by holding Alt and typing 244 on your numeric pad on Windows.

Alt-244. Go ahead and try it.

Examples:

6⌠ = "six freicoin"

6.001⌠ or 6⌠001 = "six and one thousanth freicoin"


Scientific Notation:
For large or small values we suggest scientific notation. For this purpose we use the German character 'Eszett,' or 'ß'. The eszett is a ligature of ⌠+s, which we intend to represent "freicoin, scientific."

You can access this symbol by holding Alt and typing 225 on your numeric pad on Windows.

The symbol uses following formula: xßy = x * 10 ^ y

Alt-225. Go ahead and try it.

Examples:

6.001ß6 = 6001000⌠

6.001ß-5 = 0⌠00006001 or 0.00006001⌠




I'm not so sure about this idea. It may be controversial.

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[jjiimm_64]

Proposed Freicoin Notations


Standard Notation:
Use the symbol ⌠ to represent Freicoin in everyday transactions. The symbol is a truncated 'long s'. It is a simple symbol to write by hand, has low ambiguity with other symbols in the alphabet, and can be used to replace the decimal mark.

You can access this symbol by holding Alt and typing 244 on your numeric pad on Windows.

Alt-244. Go ahead and try it.

Examples:

6⌠ = "six freicoin"

6.001⌠ or 6⌠001 = "six and one thousanth freicoin"


Scientific Notation:
For large or small values we suggest scientific notation. For this purpose we use the German character 'Eszett,' or 'ß'. The eszett is a ligature of ⌠+s, which we intend to represent "freicoin, scientific."

You can access this symbol by holding Alt and typing 225 on your numeric pad on Windows.

The symbol uses following formula: xßy = x * 10 ^ y

Alt-225. Go ahead and try it.

Examples:

6.001ß6 = 6001000⌠

6.001ß-5 = 0⌠00006001 or 0.00006001⌠




I'm not so sure about this idea. It may be controversial.

I'm not a fan.

I would rather just

355.6 frc
or
355.6(with an F like the bitcoin  ฿)

[jjiimm_64]

Boom...

I think another chart would be handy.... hashrate seams to have dropped

More blocks need to be solved before we will have real data on this. It's still greater than 40GH/s, guaranteed, not counting pools I don't know about and solo miners.

The last estimate from ABE came in at 62 GH/s.

For anyone keeping track of this.

can this chart be redone now..  would be interesting to see

[Jorgeminator]

can this chart be redone now..  would be interesting to see

You should notice that the difficulty rose after the peak, which lead to the decrease in hashrate, which in turn lead to much slower block times. The decrease therefore looks much more significant and abrupt than it's actually been. I'd guess that we're still somewhere around 45-50 GH/s right now.

[galambo]

I decided to play with the way we were presenting the hash rate and discovered that over real time (vs blocktime) we've actually grown pretty linearly. Looks like a pretty healthy graph.

I've also overlaid the difficulty so you can see the effect of the recent increase.

[galambo]

I'm not a fan.

I would rather just

355.6 frc
or
355.6(with an F like the bitcoin  ฿)

I'll keep using it and see if it catches on.

[Bicknellski]

Proposed Freicoin Notations


Standard Notation:
Use the symbol ⌠ to represent Freicoin in everyday transactions. The symbol is a truncated 'long s'. It is a simple symbol to write by hand, has low ambiguity with other symbols in the alphabet, and can be used to replace the decimal mark.

You can access this symbol by holding Alt and typing 244 on your numeric pad on Windows.

Alt-244. Go ahead and try it.

Examples:

6⌠ = "six freicoin"

6.001⌠ or 6⌠001 = "six and one thousanth freicoin"


Scientific Notation:
For large or small values we suggest scientific notation. For this purpose we use the German character 'Eszett,' or 'ß'. The eszett is a ligature of ⌠+s, which we intend to represent "freicoin, scientific."

You can access this symbol by holding Alt and typing 225 on your numeric pad on Windows.

The symbol uses following formula: xßy = x * 10 ^ y

Alt-225. Go ahead and try it.

Examples:

6.001ß6 = 6001000⌠

6.001ß-5 = 0⌠00006001 or 0.00006001⌠




I'm not so sure about this idea. It may be controversial.

I'm not a fan.

I would rather just

355.6 frc
or
355.6(with an F like the bitcoin  ฿)

How about  24.9356╒ ╛  

or 24.9356╒

[DarkHyudrA]

Well this idea actually sucks, because I don't have numpad since i use a laptop.
And I'm not going to search those Deutsch things in my the Unicode Keys Map.

[jtimon]

Well this idea actually sucks, because I don't have numpad since i use a laptop.
And I'm not going to search those Deutsch things in my the Unicode Keys Map.

Alt+4 closes the window for me (I have to press Fn+4 to get F4 on my keyboard so I found that convenient), so I can't type Alt+244 on any program. I'll try with one of the other windows manager I'm trying out, but honestly the idea isn't very appealing to me.

[scrybe]

Well this idea actually sucks, because I don't have numpad since i use a laptop.
And I'm not going to search those Deutsch things in my the Unicode Keys Map.

Alt+4 closes the window for me (I have to press Fn+4 to get F4 on my keyboard so I found that convenient), so I can't type Alt+244 on any program. I'll try with one of the other windows manager I'm trying out, but honestly the idea isn't very appealing to me.

It's also not consistently the right letter. it shows up as a lowercase "o" with a tent when I type ALT-244 in the address bar of chrome on windows, and an empty block in the Run... Dialog. I can do a ⌠ here, but not consistently in every application  use.

FYI, that also looks like one of 3 sticks needed for a fasces (add 1 straight, 1 curved the other way, and a horizontal line or two for the rope and you have a fascism symbol), which might not be the best link.

If Europe is using the Euro now, can we contemplate stealing the "Fr" notation?

[jtimon]

If Europe is using the Euro now, can we contemplate stealing the "Fr" notation?

You mean FRC were french francs ?
I thought about that too. I used FCN for some time but I stopped when everybody was using FRC.

[powersync]

can this chart be redone now..  would be interesting to see

You should notice that the difficulty rose after the peak, which lead to the decrease in hashrate, which in turn lead to much slower block times. The decrease therefore looks much more significant and abrupt than it's actually been. I'd guess that we're still somewhere around 45-50 GH/s right now.

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....

PS

[jjiimm_64]

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....
PS

How can you tell from that chart there was a premine?

 for a currency in the works for almost a year, that would be a disaster...

[Jorgeminator]

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....

PS

"I r has chart interpreting skills... not."
Maybe this will clear your mind.

[powersync]

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....
PS

How can you tell from that chart there was a premine?

 for a currency in the works for almost a year, that would be a disaster...

At around block 8000 our network g/hash hit 10 g/hash. According to the other graph above that happen in 2 days... Scary to say the least.

[jjiimm_64]

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....
PS

How can you tell from that chart there was a premine?

 for a currency in the works for almost a year, that would be a disaster...

At around block 8000 our network g/hash hit 10 g/hash. According to the other graph above that happen in 2 days... Scary to say the least.

That does not mean there was a premine.  If I had known about the release, I would have thrown a few gig in myself, we would have been at 20g in less then days!

Please do not say premine unless you have proof. what are you trying to do?

[powersync]

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....
PS

How can you tell from that chart there was a premine?

 for a currency in the works for almost a year, that would be a disaster...

At around block 8000 our network g/hash hit 10 g/hash. According to the other graph above that happen in 2 days... Scary to say the least.

That does not mean there was a premine.  If I had known about the release, I would have thrown a few gig in myself, we would have been at 20g in less then days!

Please do not say premine unless you have proof. what are you trying to do?

2days = 8000blocks but after 14 days we are only up to block 14500.

What happen in those first 2 days we haven't done in the following 12 days yet.

You do the math...

Do we have a block explorer yet to see when and how many blocks were mined?  That would be the proof.

Holy crap that's about 2 million coins after the 80% to the foundation.


PS

[scrybe]

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....
PS

How can you tell from that chart there was a premine?

 for a currency in the works for almost a year, that would be a disaster...

He was counting time backward and made a couple small errors is my bet, there was no "premine" before release, only a beta period that had it's blockchain reset.

Here's my science inspired thought for the day, it might help some folks get it:

Blockchain Relativity:
Just as there is Relativity in the motion of objects in space, there is a relation between the average length of time needed to find a block (L), actual network hashing power (H), and current difficulty (D). (L0 is the desired or original average lenght of time, ^ is exponent, the equation is modeled after Lorenz Contraction http://en.wikipedia.org/wiki/Length_contraction if it looks weird that is why)

L = L0/(H/(D*2^32/600))

This means that if block solving time (on average) is unknown, difficulty is 2, and the network hashrate is 28Mhs your effective time L is going to be 10/(28M/(2*2^32/600)=~5.1 minutes.

I like thinking about this like relativity, because neither clock is wrong for it's own purpose, but they are running at different rates.


FYI, PPC is at 15M coins and has a similar fast ramp you can look at. It's different denominator in the bottom fraction (D^4) and since PoS started it got WAY more complex, but the general result was the same.

[powersync]

Wow looking at this I see a lot of premining...  Looks like up to block 8000 was done in the first 2 day before it was publicly released.  We are not even up to block 15000 2 weeks later now.  Someone got rich....
PS

How can you tell from that chart there was a premine?

 for a currency in the works for almost a year, that would be a disaster...

He was counting time backward and made a couple small errors is my bet, there was no "premine" before release, only a beta period that had it's blockchain reset.

Here's my science inspired thought for the day, it might help some folks get it:

Blockchain Relativity:
Just as there is Relativity in the motion of objects in space, there is a relation between the average length of time needed to find a block (L), actual network hashing power (H), and current difficulty (D). (L0 is the desired or original average lenght of time, ^ is exponent, the equation is modeled after Lorenz Contraction http://en.wikipedia.org/wiki/Length_contraction if it looks weird that is why)

L = L0/(H/(D*2^32/600))

This means that if block solving time (on average) is unknown, difficulty is 2, and the network hashrate is 28Mhs your effective time L is going to be 10/(28M/(2*2^32/600)=~5.1 minutes.

I like thinking about this like relativity, because neither clock is wrong for it's own purpose, but they are running at different rates.

My logic was when did the network hit 10 g/hash.  Its simple math.  At day 2 and block 8000 we hit 10 g/hash....

But a simple block explore would tell us and I cant seem to find one that works.

PS

[scrybe]

My logic was when did the network hit 10 g/hash.  Its simple math.  At day 2 and block 8000 we hit 10 g/hash....

Lay that out for me a bit more please, I'm not sure it works as consistently as I would like. Are you factoring in the 4x difficulty movement cap that was our limit until the most recent change?

Did you know about http://www.cryptocoinexplorer.com:4750? It seems to be down right now, but it's been up for a while (I even helped maaku accidentally break it with the first FRC transaction!)