[ANN] FedoraCoin (TiPS) - New Dev team: Fedoracoin Foundation

[robotsoutofcontrol]

Hey Devs! (if your still here) One question: Why Bytecoin? Other than the algorithm, what does Bytecoin code bring to the table?

Hi RJ yep we're here!! Just been very busy with the changeover to the new tech!

Basically - we chose to become part of the Bytecoin stable of coins because of the CryptoNote protocol.  

• REALLY fast transactions - ie: able to use it shopping in the street, bars, restaurants, TIPPING! Particularly when you use it with our soon to be released web wallet
• Has a web wallet available (which we will be massively updating & expanding on)
• Brings in FULL privacy features
• CryptoNight mining algo (which we have further enhanced & customised)
• It's very robust & up to date.
• Got a big development community

Plus other cool stuff

Oh yeah - since we're now part of the Bytecoin family - we hope to be able to grow the Fedora community, adoption and value by cross pollinating messages & ideas with the wider Bytecoin/CryptoNote community.

Cheers!
Robots

[RobbieRich]

A 20% pre-mine is a rough way to start.  A lot of people are going to scream scam coin.  

I have to admit that I really don't like the idea of a 50/1 split as an original holder of Fedora/Tips.  

It's not a 20% pre-mine for the developers. You need to mine coins for the swap.

The actual "pre-mine" is 10%, of which 5% goes to the developers (2% for airdrop, 3% for listing fees).
If they lock up 80% of that amount, only 1% of the supply will be available to pay developers in the short term. It's not a lot.

I just hope that reserving 80% of the supply to pay miners, doesn't mean they get paid an incredible amount. They'll dump it to earn money (suppressing the price for everyone) and devaluate the price for all holders who do not mine. That's the part I'm worried about, but it's the downside of a coin that can be mined.

[/quote

Thanks Delphinus, appreciate your thoughts!

Actually the mining algo is fairly modest. Since it only runs on CPU's as well, you can't spin up a huge farm and mine a massive quantity. We're hoping however that the modest rewards will appreciate of course!

We should have a mining pool available pretty soon if you're interested.

Cheers,
Robots.

Don’t underestimate Bitmain.....

[myc066]

big scam 

You are right

[Delphinus]

big scam 

You are right

Second account? 

[RobbieRich]

Hey Devs! (if your still here) One question: Why Bytecoin? Other than the algorithm, what does Bytecoin code bring to the table?

Hi RJ yep we're here!! Just been very busy with the changeover to the new tech!

Basically - we chose to become part of the Bytecoin stable of coins because of the CryptoNote protocol.  

• REALLY fast transactions - ie: able to use it shopping in the street, bars, restaurants, TIPPING! Particularly when you use it with our soon to be released web wallet
• Has a web wallet available (which we will be massively updating & expanding on)
• Brings in FULL privacy features
• CryptoNight mining algo (which we have further enhanced & customised)
• It's very robust & up to date.
• Got a big development community

Plus other cool stuff

Oh yeah - since we're now part of the Bytecoin family - we hope to be able to grow the Fedora community, adoption and value by cross pollinating messages & ideas with the wider Bytecoin/CryptoNote community.

Cheers!
Robots

Cross-coin-community may be the future....

[R-J-F]

Hey Devs! (if your still here) One question: Why Bytecoin? Other than the algorithm, what does Bytecoin code bring to the table?

Hi RJ yep we're here!! Just been very busy with the changeover to the new tech!

Basically - we chose to become part of the Bytecoin stable of coins because of the CryptoNote protocol.  

• REALLY fast transactions - ie: able to use it shopping in the street, bars, restaurants, TIPPING! Particularly when you use it with our soon to be released web wallet
• Has a web wallet available (which we will be massively updating & expanding on)
• Brings in FULL privacy features
• CryptoNight mining algo (which we have further enhanced & customised)
• It's very robust & up to date.
• Got a big development community

Plus other cool stuff

Oh yeah - since we're now part of the Bytecoin family - we hope to be able to grow the Fedora community, adoption and value by cross pollinating messages & ideas with the wider Bytecoin/CryptoNote community.

Cheers!
Robots

Fair enough, sounds good!

[R-J-F]

big scam 

You are right

Second account? 

Looks like it or, two morons with a total of 4 brain cells. Hard to tell... 

[R-J-F]

So, it's the 25th now, anything happening with the swap or do I have the dates wrong?

[psycodad]

So, it's the 25th now, anything happening with the swap or do I have the dates wrong?

Coinexchange.io recently changed their announcement from "swap on 30th Sep" to

The date of this is undecided and will be announced as soon as possible.

It seems they know something we don't.

[robotsoutofcontrol]

So, it's the 25th now, anything happening with the swap or do I have the dates wrong?

Hi RJ,

Sorry - we sometimes get to Bitcointalk late as the other channels are so busy!

We are currently planning on DROPPING the new coin as opposed to swap. That is the agreed approach with Coinexchange and Altilly, we are still negotiating with the other exchanges. This is based on feedback & discussion with the community. 

The airdrop is happening during October, precise dates to be confirmed as the exchanges are in the process of integrating the new CryptoNote based wallet. 

The new coin is called Fedora Gold (FED ticker).  Same tech as developed all along these past few months, same ratio of old:new 50:1

Please keep an eye on the twitter for latest: http://twitter.com/FedoraTipscoin
https://web.telegram.org/#/im?p=@FedoraTipsCoinOfficial

Thanks!

[Delphinus]

So, it's the 25th now, anything happening with the swap or do I have the dates wrong?

Hi RJ,

Sorry - we sometimes get to Bitcointalk late as the other channels are so busy!

We are currently planning on DROPPING the new coin as opposed to swap. That is the agreed approach with Coinexchange and Altilly, we are still negotiating with the other exchanges. This is based on feedback & discussion with the community. 

The airdrop is happening during October, precise dates to be confirmed as the exchanges are in the process of integrating the new CryptoNote based wallet. 

The new coin is called Fedora Gold (FED ticker).  Same tech as developed all along these past few months, same ratio of old:new 50:1

Please keep an eye on the twitter for latest: http://twitter.com/FedoraTipscoin
https://web.telegram.org/#/im?p=@FedoraTipsCoinOfficial

Thanks!

Hi Robots,

Safest way to swap is to move mine from Gate to a private wallet in that case?

[RobbieRich]

So, it's the 25th now, anything happening with the swap or do I have the dates wrong?

Hi RJ,

Sorry - we sometimes get to Bitcointalk late as the other channels are so busy!

We are currently planning on DROPPING the new coin as opposed to swap. That is the agreed approach with Coinexchange and Altilly, we are still negotiating with the other exchanges. This is based on feedback & discussion with the community. 

The airdrop is happening during October, precise dates to be confirmed as the exchanges are in the process of integrating the new CryptoNote based wallet. 

The new coin is called Fedora Gold (FED ticker).  Same tech as developed all along these past few months, same ratio of old:new 50:1

Please keep an eye on the twitter for latest: http://twitter.com/FedoraTipscoin
https://web.telegram.org/#/im?p=@FedoraTipsCoinOfficial

Thanks!

Hi Robots,

Safest way to swap is to move mine from Gate to a private wallet in that case?
[/quote/]

FedoraCoin (TIPS) will be completing a 50:1 airdrop. The date of this is undecided and will be announced as soon as possible. Is what Coinexchange says now !

[Delphinus]

The difficulty with an airdrop is that everyone on Gate will be screwed if they don't support it (in which case I really need to know!)

[Cryptoid]

Typically, an airdrop is for all "shares" on a given blockchain.  Please clarify, will TIPS need to be on an exchange to be included in the airdrop for FEDORA GOLD?

[myc066]

big scam 

You are right

Second account? 

When we forked tips in 2016,Where is DEV? Scammer will kill tips

[myc066]

big scam 

You are right

Second account? 

Looks like it or, two morons with a total of 4 brain cells. Hard to tell... 

Lol

Thank you plast555, donation received.
I also received another donation of 0.1 from a yet unknown donator.

The total right now is:
cryptoid: 0.0506
myc066: 0.0504
plast555: 0.0568
psycodad: 0.05
<unknown>: 0.1
smarterhash: 0.05
============
BTC       0.3578

[psycodad]

big scam 

You are right

Second account? 

When we forked tips in 2016,Where is DEV? Scammer will kill tips

Unfortunately ahmed has been gone since quite some time, I completely lost contact with him.

myc066, as I understand it now, our beloved and well-aged TIPS will stay what it is and the team around robotsoutofcontrol will make a distribution of the new FED coin to all who hold TIPS on a to be determined snapshot date. I suppose this will be based on private keys of the TIPS wallet, so it could be compared to the BTC/BCH fork.
As far as I understood, TIPS will stay tradeable and mineable as it is right now, maybe this could be confirmed by the FED team.

To me this sounds fair and sensible, I always said I do not want the original TIPS to disappear and stay what it is (excluding minor tweaks and security updates) and so far I don't see anything changing that.

I hope robotsoutofcontrol can clarify if the old TIPS will stay listed on Novaexchange and Coinexchange and FED will be listed addiitionally on these and maybe other exchanges and not in place of TIPS.

Cheers - psycodad

[txyongxue]

the new Fedoragold pool:  http://fedg.lpool.top or http://112.25.215.71:5896  fee 2%



for cpu :                  minerd -a cryptonight -o stratum+tcp://112.25.215.71:5898 -u YOUR_WALLET_ADDRESS -p x

for nicehash             stratum+tcp://112.25.215.71:5899 -u YOUR_WALLET_ADDRESS -p x

[RobbieRich]

How about GPU mining ?

the new Fedoragold pool:  http://fedg.lpool.top or http://112.25.215.71:5896  fee 2%



for cpu :                  minerd -a cryptonight -o stratum+tcp://112.25.215.71:5898 -u YOUR_WALLET_ADDRESS -p x

for nicehash             stratum+tcp://112.25.215.71:5899 -u YOUR_WALLET_ADDRESS -p x

[txyongxue]

How about GPU mining ?

the new Fedoragold pool:  http://fedg.lpool.top or http://112.25.215.71:5896  fee 2%



for cpu :                  minerd -a cryptonight -o stratum+tcp://112.25.215.71:5898 -u YOUR_WALLET_ADDRESS -p x

for nicehash             stratum+tcp://112.25.215.71:5899 -u YOUR_WALLET_ADDRESS -p x

http://112.25.215.71:5896/#getting_started 

There are GPU mining software and ports that you can download here.