[ANN] New Crypto Currency FRANKO [v0.16][Resurrection]

[defaced]

Added to my Blackjack site here.

Neat! I'm trying it out now with a FRK cent. LETS GET RICH!

[1713299931]

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[1713299931]

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[1713299931]

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[defaced]

Well here is my findings of the BJ game.

I sent a FRK cent over, played about 10 hands, won 2 with BJ (lucky i know), lost and won about equally. ended up doubling my FRKcent to 0.02 (rich) and cashed out succesfully to the Faucet wallet. Everything seems to pan out. If anyone else finds anything less, let me know.

What the dev says is truth. The game is fair and pays out.

[meltingrobot]

Franko on Cryptsy has gone from 0.0899 on May 28th. down to 0.00122 today what's that down by 98.6%.

Buyers are 0.0899 are probably not very happy today. I bought at 0.007 and I am not happy.

Give it time, it will float back up when the market comes online.  It looks like the price is already bouncing up some today.  Almost back at .002 now.

[flomax]

Hi defaced, you offered me 5 LTC yesterday to do the logo for the Franko Loto.. I finished it and I've sent you a few messages on BTC-e which have been ignored..

Any chance you want to pay me for the work done ?

[erk]

Franko on Cryptsy has gone from 0.0899 on May 28th. down to 0.00122 today what's that down by 98.6%.

Buyers are 0.0899 are probably not very happy today. I bought at 0.007 and I am not happy.

Give it time, it will float back up when the market comes online.  It looks like the price is already bouncing up some today.  Almost back at .002 now.

It might, but it's the miners that read this thread who set the price when they sell. If they are just going to dump a coin at any price to get rid of it without working out how much electricity the coin owes them, then it has little future. There is no point in a coin that is not supported by intelligent miners.

[defaced]

Franko on Cryptsy has gone from 0.0899 on May 28th. down to 0.00122 today what's that down by 98.6%.

Buyers are 0.0899 are probably not very happy today. I bought at 0.007 and I am not happy.

Give it time, it will float back up when the market comes online.  It looks like the price is already bouncing up some today.  Almost back at .002 now.

It might, but it's the miners that read this thread who set the price when they sell. If they are just going to dump a coin at any price to get rid of it without working out how much electricity the coin owes them, then it has little future. There is no point in a coin that is not supported by intelligent miners.

I think that can be said with most of the altcoins on coinchoose. People arnt supporting coins they like because they see profits from the others. But those profits are usually artificially calculated. All you have to do is correlate the network hashes per sec for any coin that is number 1 on the list at coinchoose.   I completely agree with you though about it being sad people will dump their coin at a loss because they didnt take the time to factor in energy cost all because a website says its 200% more profitable then bitcoin. But what do I know?

[meltingrobot]

Any updates on the copiamarket?  Looking forward to that launching.

[defaced]

Any updates on the copiamarket?  Looking forward to that launching.

Yesir actually there is!! Sorry for not releasing an update, but I've been polishing off the buying and selling process. You can test it out coinfree by making a buyer and seller account on the developmental instance. Today ill be finalizing that and adding a little bit more functionality.

This is the system, buyer has to request vendor acknowledgement and place their coins in escrow. This reserves the vendors right to refuse service for whatever reason. If the vendor chooses to acknowledge the vendor then they contact each other over the message system via their PGP keys or cleartext for the less paranoid, make proper distribution arrangements, and the vendor selects "confirm to dispatch". Once dispatch has been established the buyer has the option to finalize or Dispute the order. This part is very important. Because the coins are still in escrow. If the buyer chooses to dispute the transaction, then the funds are still held in escrow until the matters are investigated. Elseif the user forgets to finalize then the funds will auto finalize after 30 days with a 5 star rating. Else, everything arrived and the buyer must now rate the customer. Ratings are the most important because they determine the fee that the vendor must pay. High ratings pay low fees, low ratings pay exponentially higher fee's. This will reward and encourage quality service.

And thats it, ill paste this in the forums.

[sal002]

I think that can be said with most of the altcoins on coinchoose. People arnt supporting coins they like because they see profits from the others. But those profits are usually artificially calculated. All you have to do is correlate the network hashes per sec for any coin that is number 1 on the list at coinchoose.   I completely agree with you though about it being sad people will dump their coin at a loss because they didnt take the time to factor in energy cost all because a website says its 200% more profitable then bitcoin. But what do I know?

Well, you hope such a person first went to a regular mining calculator and determined that it was profitable to mine Bitcoin to begin with....

However, my site now has a deflated profitability column as well that may be more realistic given stale rates.  Net hashs are to be added soon as well as their impact on profitability for these young coins.

[defaced]

I think that can be said with most of the altcoins on coinchoose. People arnt supporting coins they like because they see profits from the others. But those profits are usually artificially calculated. All you have to do is correlate the network hashes per sec for any coin that is number 1 on the list at coinchoose.   I completely agree with you though about it being sad people will dump their coin at a loss because they didnt take the time to factor in energy cost all because a website says its 200% more profitable then bitcoin. But what do I know?

Well, you hope such a person first went to a regular mining calculator and determined that it was profitable to mine Bitcoin to begin with....

However, my site now has a deflated profitability column as well that may be more realistic given stale rates.  Net hashs are to be added soon as well as their impact on profitability for these young coins.

Yup +100. Thank you for your site! With this extra info, maybe people will make a more educated guess.

[snaidervp]

0 wallet connections half an hour now

[defaced]

0 wallet connections half an hour now

wow thats crazy!

 {
        "addr" : "193.6.148.18:7912",
        "services" : "00000001",
        "lastsend" : 1370781093,
        "lastrecv" : 1370781093,
        "conntime" : 1370349714,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 61069,
        "banscore" : 0
    },
    {
        "addr" : "54.244.198.104:7912",
        "services" : "00000001",
        "lastsend" : 1370781092,
        "lastrecv" : 1370781092,
        "conntime" : 1370366085,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 61195,
        "banscore" : 0
    },
    {
        "addr" : "88.161.131.83:7912",
        "services" : "00000001",
        "lastsend" : 1370781092,
        "lastrecv" : 1370781092,
        "conntime" : 1370707026,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 70406,
        "banscore" : 0
    },
    {
        "addr" : "182.55.22.87:7912",
        "services" : "00000001",
        "lastsend" : 1370781092,
        "lastrecv" : 1370781093,
        "conntime" : 1370742979,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 71474,
        "banscore" : 0
    },
    {
        "addr" : "82.234.193.23:7912",
        "services" : "00000001",
        "lastsend" : 1370781092,
        "lastrecv" : 1370781093,
        "conntime" : 1370749691,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 71676,
        "banscore" : 0
    },
    {
        "addr" : "71.65.237.142:7912",
        "services" : "00000001",
        "lastsend" : 1370781092,
        "lastrecv" : 1370780943,
        "conntime" : 1370755877,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 71925,
        "banscore" : 0
    },
    {
        "addr" : "92.231.64.70:7912",
        "services" : "00000001",
        "lastsend" : 1370781093,
        "lastrecv" : 1370781093,
        "conntime" : 1370758423,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 72069,
        "banscore" : 0
    },
    {
        "addr" : "108.36.208.213:7912",
        "services" : "00000001",
        "lastsend" : 1370781092,
        "lastrecv" : 1370781098,
        "conntime" : 1370780388,
        "version" : 60001,
        "subver" : "/Satoshi:0.6.3.3/",
        "inbound" : false,
        "releasetime" : 0,
        "startingheight" : 73129,
        "banscore" : 0
    }

[dreamwatcher]

0 wallet connections half an hour now

You can add CryptoCoin Explorers' IP address (the server Franko is on) to your config, It always has connections:

addnode=50.116.22.43

[defaced]

0 wallet connections half an hour now

You can add CryptoCoin Explorers' IP address (the server Franko is on) to your config, It always has connections:

addnode=50.116.22.43

adding this to OP.

[MarKusRomanus]

We've created a new pool for mining FrankoCoin, http://franko.ub3rl33t.com/

Features:
 

• Proportional Payout Per Block
• Blocks Are rewarded as soon as they are confirmed (100 confirmations)
• The Block Finder is rewarded 5% of the block's value in addition to his share ratio reward

[defaced]

We've created a new pool for mining FrankoCoin, http://franko.ub3rl33t.com/

Features:
 

• Proportional Payout Per Block
• Blocks Are rewarded as soon as they are confirmed (100 confirmations)
• The Block Finder is rewarded 5% of the block's value in addition to his share ratio reward

Thank you good sir!

[Salazarian]

Do I have to use another miner? I use curently cgminer 3.2.1 and I get the  pool 0 JSON stratum failed

[aggster]

frankoin wallet not responding? any idea why its not working, tried updating still same

[defaced]

frankoin wallet not responding? any idea why its not working, tried updating still same

ive seen this a few times, i found a simple fix is to open a wallet from another coin, shut down that wallet, then reopen frk wallet.

[xrp123]

Franko is the future? I will buy some, i am from china!