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testz
Legendary
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Activity: 1764
Merit: 1018
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June 29, 2013, 05:01:08 PM |
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Reserved for information.
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fishy (OP)
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Activity: 476
Merit: 250
What do you call a fish with no eyes? A Fsh!
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June 29, 2013, 05:35:33 PM |
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Reserved for information.
An official site is in the making. To create your wallet you register at the site. Post a random keyphrase on a corresponding thread to confirm you have access to a FRM-ACCT, and it will be added to your account. If it changes hands, another keyphrase will be generated. |
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Oldminer
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Activity: 1022
Merit: 1001
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June 29, 2013, 06:38:11 PM |
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Whats this thread all about guys?
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fishy (OP)
Sr. Member
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Activity: 476
Merit: 250
What do you call a fish with no eyes? A Fsh!
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June 29, 2013, 08:35:28 PM |
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Whats this thread all about guys?
A new coin which is backed not by peers and humans, but by an actual commodity. It has value attached to it. |
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nawazish1
Sr. Member
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Activity: 462
Merit: 250
PXC Research Team
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June 29, 2013, 08:45:13 PM |
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But Mining is too human intensive.  |
PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency. |
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fishy (OP)
Sr. Member
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Activity: 476
Merit: 250
What do you call a fish with no eyes? A Fsh!
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June 29, 2013, 08:57:56 PM |
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But Mining is too human intensive. Yes, that is another feature of FRM-ACCT. Instead of whoever has the most money to buy expensive equipment, it is more of a race of who has the most time. |
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nawazish1
Sr. Member
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Activity: 462
Merit: 250
PXC Research Team
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June 29, 2013, 09:00:58 PM |
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But Mining is too human intensive. Yes, that is another feature of FRM-ACCT. Instead of whoever has the most money to buy expensive equipment, it is more of a race of who has the most time. Also premine and instamining is not possible. So the perfect coin for people who fear premine and instamining. |
PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency. |
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gatra
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June 29, 2013, 09:32:16 PM |
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cool, but it's too centralized.
and since there seems to be no difficulty adjustment, the value will collapse when the ASICs come...
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nawazish1
Sr. Member
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Activity: 462
Merit: 250
PXC Research Team
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June 29, 2013, 09:37:18 PM |
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cool, but it's too centralized.
and since there seems to be no difficulty adjustment, the value will collapse when the ASICs come...
It is ASIC proof. Only real humans can mine.  |
PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency. |
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fishy (OP)
Sr. Member
Offline
Activity: 476
Merit: 250
What do you call a fish with no eyes? A Fsh!
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June 30, 2013, 01:38:34 AM |
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cool, but it's too centralized.
and since there seems to be no difficulty adjustment, the value will collapse when the ASICs come...
It is ASIC proof. Only real humans can mine. Yes, it is ASIC proof. Also, a difficulty update just occurred with the change from FRM-ACCT v0.1 in which FRM-ACCTs were valued in post counts to v0.2 in which they are valued in Activity |
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r3wt
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June 30, 2013, 01:56:06 AM |
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[WTS] 4 FRM-ACCT. 4LTC OBO
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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coinerd
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June 30, 2013, 02:57:48 AM |
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Trust me the botnets are already mining this coin
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jasonslow
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June 30, 2013, 03:00:03 AM
Last edit: June 30, 2013, 03:33:57 AM by jasonslow |
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But Mining is too human intensive. Not anymore. Use xrumer as your miner. WTS, 300 FRM-ACCT anyone interested? Right now I'm mining 10,000 FRM-ACCT every hour using my Xrumer.  Edit: For those who don't know about xrumer http://en.wikipedia.org/wiki/XRumer |
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r3wt
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June 30, 2013, 03:05:26 AM |
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Trust me the botnets are already mining this coin
just wait til someone figures out how to mine these on a gpu... |
My negative trust rating is reflective of a personal vendetta by someone on default trust.
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The_Catman
Full Member
Offline
Activity: 168
Merit: 100
Captain Jack Fenderson
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June 30, 2013, 03:08:32 AM |
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Finally, something that's truly innovative!
Does it have transaction comments?
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snappa4ever
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June 30, 2013, 03:16:59 AM |
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This truly an innovative coin. Please add this on cryptsy. Hopefully theymos will not dump his coins.
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Scooby903
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June 30, 2013, 03:18:46 AM |
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What exactly is cryptographic about this?
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jasonslow
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June 30, 2013, 03:21:51 AM |
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What exactly is cryptographic about this?
The passwords is stored in (hash) cryptographic form.  |
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