[ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!!

[zneww]

Everytime I go to open my FST-qt it says it failed to read the block and closes. What is wrong?

Edit: I believe I fixed it. Will report back

[Cheetahx]

Hello FastCoin community members,

Please be sure to show your support for FST by casting your vote on the following forum!

https://bitcointalk.org/index.php?topic=417125.220

thank you!

[fast-coin]

We are very happy to announce that FastCoin is thriving both in the development community as well as with Online Merchants!

Our development community have recently released our 4th generation of wallets that combine the safety and security required for a reputable Cryptocoin such as FastCoin.

The latest New Version Released: ver 8.5.3 includes the following enhancements

- Wallet Support for following platforms
     - Windows
     - Mac
     - Linux
     - Android
- added recent checkpoints
- disable the Litecoin alert message
- fix some small issues.

Download to all versions are available here...

http://www.fastcoin.ca/downloads.html

If you are looking for solutions to any potential technical issues you may have or would like to learn more about FastCoin, please join us on our own live Forum located here...

www.fastcointalk.org

FastCoin continues to grow at a healthy steady rate, we have witnessed 5,000-10,000 miners globally mine our coin!

FastCoin currently has the deepest blockchain of any crypto coin with over 1.6 Million blocks!

Over 200,000 hits were recorded on the FastCoin website over the last 2 months!

Recent merchant adoption with our newly released online store API has drawn considerable attention to our coin in the recent week and we see strong indications of mass adoption for the rest of 2014.

Many other new and exciting announcements are in the works including website redesign and upgrade, FastCoin Foundation development and further expansion of FastCoin in regional markets all over the world!

Thank you for your continued support, we look forward to seeing you on our NEW forum and a prosperous 2014!

Sincerely

FastCoin

[cokirix]

Fastcoin is now on Quebec-pool.com!

For getting more miner, we are giving free coins everytime a block is find. This person is getting rewards for mining and the bonus.
Fastcoins is pretty fast to mine, so you will make alot of profits with this coin!
come try us! it wont last forever.

http://fastcoin.quebec-pool.com

[fast-coin]

/FC .

[markm]

Twelve seconds? Isn't GeistGeld ten seconds? And years in the market?

-MarkM-

[fast-coin]

Twelve seconds? Isn't GeistGeld ten seconds? And years in the market?

-MarkM-

Hello Markm,

Thanks for your post, we were not sure about GeistGeld?  Any chance you would be able to provide us a link to their thread, it sounds interesting.

Best Regards

/FC

[m0gliE]

Twelve seconds? Isn't GeistGeld ten seconds? And years in the market?

-MarkM-

That was a concept for a new SHA-256 coin with fast block generation. It's nothing like Fastcoin.

"Geistgeld is intended to investigate two things: maximum sustainable block generation rate and behavior of a currency with fixed production rate and no upper limit on production ("halving" behavior removed in previous commit). Yes, GeistGeld is quite risky."

[fast-coin]

/FC

[robertdivaio]

Advantages:

Deepest blockchain
Faster confirmation rate than any other coin

Disadvantages:

None


Honestly this is for now the only coin that i can see as a credible alternative to cash for doing payments bcs with bitcoin you would have to wait for half an hour at least before te transaction is being confirmed, Fastcoin only a minute, which is about as much as a visa

[Robert Lewandowski]

Advantages:

Deepest blockchain
Faster confirmation rate than any other coin

Disadvantages:

None


Honestly this is for now the only coin that i can see as a credible alternative to cash for doing payments bcs with bitcoin you would have to wait for half an hour at least before te transaction is being confirmed, Fastcoin only a minute, which is about as much as a visa

Quark is 30 seconds, so is Zeta. You can't only promote your coin stating that it's the fastest of them all, that's not enough for the upcoming cryptocurrencies and investors and that's why im out.

[faraway]

Advantages:

Deepest blockchain
Faster confirmation rate than any other coin

Disadvantages:

None


Honestly this is for now the only coin that i can see as a credible alternative to cash for doing payments bcs with bitcoin you would have to wait for half an hour at least before te transaction is being confirmed, Fastcoin only a minute, which is about as much as a visa

Quark is 30 seconds, so is Zeta. You can't only promote your coin stating that it's the fastest of them all, that's not enough for the upcoming cryptocurrencies and investors and that's why im out.

And Quark was premined... Fast is a good coin, fair, and having a fast block completion and the good hash algorithm; A hash algorithm that can't be implemented efficiently on an ASIC... with all the consequences that we see on the SHA256, a specialized hardware that can't do anything else, and that is highly concentrated, and running on a few pools that have much of the hashrate power...

[Cheetahx]

Advantages:

Deepest blockchain
Faster confirmation rate than any other coin

Disadvantages:

None


Honestly this is for now the only coin that i can see as a credible alternative to cash for doing payments bcs with bitcoin you would have to wait for half an hour at least before te transaction is being confirmed, Fastcoin only a minute, which is about as much as a visa

Quark is 30 seconds, so is Zeta. You can't only promote your coin stating that it's the fastest of them all, that's not enough for the upcoming cryptocurrencies and investors and that's why im out.

Thank you for your post Robert,

Please note that we have many plans for FastCoin in the weeks and months ahead with respects to promotion and practical application in the real world beyond just the speed.  Recently our community members have developed a cold storage wallet printed from a 3D Printer for our coin where it is waterproof and shock resistant.

http://tekzilla.co.uk/

We have also recently had our online store API's released which allow merchants to easily integrate their online shopping carts to accept FastCoin as an acceptable method of payment.  Within the first week alone we had close to 20 merchants embrace our coin on this news.

Our network Hash rate continues to grow at a steady rate where we have witnessed 5,000 - 10,000 miners globally mine our coin.

Our coin was also a fair release to the public, not pre-mined like some of the more recent coins, with an even distribution of halving every 12 months.

For investors our coin has a special quality in its hard capped mintage of 165,888,000 coins, some other coins have a much higher minting rate which eventually could serve to be inflationary and potential price instability.

We are aggressively developing online and mobile apps to be used in everyday transactions.  We have developed apps for Windows, Mac, Linux and Android.  We are also currently developing a mobile wallet for iOS.
We agree with you that a crypto coin needs to have more to offer than simply speed and we are working on addressing those issues.  The fact that it is currently the Fastest transacting crypto coin we feel at this point is a great place to start, we look forward to building from there.

I hope that I may have highlighted some additional features about our coin that you may have not been originally aware of?  Please feel free to provide us with feedback as to what you would like to see from a Crypto coin, we will do our best to try to incorporate your ideas in the future.  Thanks again for your post, we look forward to your reply.

Sincerely

/C

[m0gliE]

Fastcoin recommended settings for P2Pool nodes
----------------------------------------------
 
Updated - 3/25/14 - P2Pool Fork - https://github.com/d0gZpAw/p2pool
 
- p2pool/networks.py
 

Code:

),
    fastcoin=math.Object(
        PARENT=networks.nets['fastcoin'],
        SHARE_PERIOD=6, # seconds
        NEW_SHARE_PERIOD=6, # seconds
        CHAIN_LENGTH=24*60*60//10, # shares
        REAL_CHAIN_LENGTH=24*60*60//10, # shares
        TARGET_LOOKBEHIND=60, # shares
        SPREAD=150, # blocks
        NEW_SPREAD=150, # blocks
        IDENTIFIER='9f2e390aa41ffade'.decode('hex'),
        PREFIX='50f713ab040dfade'.decode('hex'),
        P2P_PORT=23660,
        MIN_TARGET=0,
        MAX_TARGET=2**256//2**20 - 1,
        PERSIST=False,
        WORKER_PORT=5150,
        BOOTSTRAP_ADDRS='fst.inetrader.com'.split(' '),
        ANNOUNCE_CHANNEL='#p2pool-fst',
        VERSION_CHECK=lambda v: True,
        VERSION_WARNING=lambda v: 'Upgrade Fastcoin to >= 0.8.5.1!' if v < 70002 else None,
    ),

- p2pool/bitcoin/networks.py
 

Code:

),
    fastcoin=math.Object(
        P2P_PREFIX='fbc0b6db'.decode('hex'),
        P2P_PORT=9526,
        ADDRESS_VERSION=96,
        RPC_PORT=9527,
        RPC_CHECK=defer.inlineCallbacks(lambda bitcoind: defer.returnValue(
            'fastcoinaddress' in (yield bitcoind.rpc_help()) and
            not (yield bitcoind.rpc_getinfo())['testnet']
        )),
        SUBSIDY_FUNC=lambda height: 32*100000000 >> (height + 1)//2592000,
        POW_FUNC=lambda data: pack.IntType(256).unpack(__import__('ltc_scrypt').getPoWHash(data)),
        BLOCK_PERIOD=12, # s
        SYMBOL='FST',
        CONF_FILE_FUNC=lambda: os.path.join(os.path.join(os.environ['APPDATA'], 'Fastcoin') if platform.system() == 'Windows' else os.path.expanduser('~/Library/Application Support/Fastcoin/') if platform.system() == 'Darwin' else os.path.expanduser('~/.fastcoin'), 'fastcoin.conf'),
        BLOCK_EXPLORER_URL_PREFIX='http://fst.webboise.com/block/',
        ADDRESS_EXPLORER_URL_PREFIX='http://fst.webboise.com/address/',
        TX_EXPLORER_URL_PREFIX='http://fst.webboise.com/tx/',
        SANE_TARGET_RANGE=(2**256//100000000 - 1, 2**256//1000 - 1),
        DUMB_SCRYPT_DIFF=2**16,
        DUST_THRESHOLD=0.03e8,
    ),

[dbbit]

Does anybody have an idea why I would have such a high reject rate mining Fastcoin? (Solo mining). I've never seen that with any other coin. It also has 0 accepts even though best share is far over diff.

I've been able to mine FastCoin blocks on the same wallet, but from another machine running cudaminer.
And this cgminer machine can successfully mine altcoin - but it trips up on fastcoin. What gives?


 cgminer version 3.7.2 - Started: [2014-01-26 20:02:01]
--------------------------------------------------------------------------------
 (5s):0.000 (avg):252.6Kh/s | A:0  R:300167  HW:0  WU:220.0/m
 ST: 0  SS: 0  NB: 1450  LW: 0  GF: 0  RF: 0
 Connected to xxxxxxxxxxxxxxxxxxxx diff 18.4K without LP as user xxxxxxxxx
 Block: 604ffa3e...  Diff:0  Started: [08:43:36]  Best share: 1.8M
--------------------------------------------------------------------------------
 [P]ool management [G]PU management (S)ettings [D]isplay options [Q]uit
 GPU 0:                | 253.7K/252.6Kh/s | A:0 R:300167 HW:0 WU:220.0/m I:16
--------------------------------------------------------------------------------

[Sovietaced]

Why do confirmations take so long when sending to the exchange?

[vasp]

Why do confirmations take so long when sending to the exchange?

Its big question to cryptsy.
They didnt deposited all my transactions for last 5 days already. Its at least 50-60 transactions.
Supoport tickets simply ignored by their staff, but it as always.

[Sovietaced]

Why do confirmations take so long when sending to the exchange?

Its big question to cryptsy.
They didnt deposited all my transactions for last 5 days already. Its at least 50-60 transactions.
Supoport tickets simply ignored by their staff, but it as always.

I have no problems with any coins except FastCoin

[m0gliE]

Does anybody have an idea why I would have such a high reject rate mining Fastcoin? (Solo mining). I've never seen that with any other coin. It also has 0 accepts even though best share is far over diff.

I've been able to mine FastCoin blocks on the same wallet, but from another machine running cudaminer.
And this cgminer machine can successfully mine altcoin - but it trips up on fastcoin. What gives?


 cgminer version 3.7.2 - Started: [2014-01-26 20:02:01]
--------------------------------------------------------------------------------
 (5s):0.000 (avg):252.6Kh/s | A:0  R:300167  HW:0  WU:220.0/m
 ST: 0  SS: 0  NB: 1450  LW: 0  GF: 0  RF: 0
 Connected to xxxxxxxxxxxxxxxxxxxx diff 18.4K without LP as user xxxxxxxxx
 Block: 604ffa3e...  Diff:0  Started: [08:43:36]  Best share: 1.8M
--------------------------------------------------------------------------------
 [P]ool management [G]PU management (S)ettings [D]isplay options [Q]uit
 GPU 0:                | 253.7K/252.6Kh/s | A:0 R:300167 HW:0 WU:220.0/m I:16
--------------------------------------------------------------------------------

Resolved: via IRC.

In this case, For older cards it is suggested to use an older version of cgminer. I've pasted links below for both 3.1.1 and 3.3.1.
Also, in cgminer, make sure you hit S for settings and change queue=0, scantime=1 and expiry=12. Especially when solo mining and don't forget to add another pool to for longpool support.

https://www.dropbox.com/s/yvsz0a8iq9jvn4j/cgminer-3.1.1-windows.zip
https://www.dropbox.com/s/vh82f9tygbx3atg/cgminer-3.3.1-windows.zip

[m0gliE]

Why do confirmations take so long when sending to the exchange?

This is something you will need to take up with Cryptsy. They have been known to delay transactions for various coins, and not only that, but for various users.