Feathercoin Official Weekly Update #2
Tuesday 1st October 2013
Survival is the best revenge
Feathercoin Key Stats167 days since genesis block creation
Approx. 17,700,000 Feathercoins created
Approx. 13.4 days behind target generation rateThe Romans were secure enough with their identity that they did not at all mind copying the Greeks. Purpose has nothing on passion. The most important thing is not the relentless drive to be different, always craving the novel, but to appreciate what you do have and learn to get the most out of it. A technology will evolve until it is fully understood by its people. How much you care is all you should be concerned about, nobody can talk to your customers the way you can. Here is a recap of the last 7 days:
London Bitcoin Meetup
I had a great time at the London Bitcoin meetup where I met
Bittylicious founder Marc Warne who has turned in to something of a minor celebrity in the Bitcoin space after he made it super simple to buy Bitcoins in an easy step by step process, a real privelige I might add and I hope we get to work together soon. I also met up with the very knowledgable
Richard Boase who writes over at
Cyber Salon so a very edifying experience was had all round.
Marc on the left, founder of Bittylicious, on the right Ismail MalikIain Cresswell, the organiser, has done an incredible job of bringing together both Bitcoin newbies and veterans in London to create a lively discussion. Most people I spoke to knew all about Feathercoin and had
many good things to
say about us which is a breath a fresh air after spending so much time on Bitcointalk listening to all the lovely critics who help to keep us strong
If you are from London, UK don't forget to sign up to the
next Bitcoin meetup which is going to be at Google Campus, which is a big milestone. We have already been trialling our
Mobile Crypto Exchange from there with much success.
UKMark has been at it again this time with a stats page on the distribution of hashing power across the pools on the network.
This nifty Pool Parser complements our existing
Stats Page and gives a clear view of the network hashrate distribution in one place. Big thanks to UKMark and this won't be the last we are hearing of him.
Sharing the love
We must continue to thank
Nutnut for all his hard work on the forum, after reorganising many thousands of posts in the last few weeks we are finally at a stage where we are happy with it. Now after a landslide victory in a recent poll called
Should we share the love? the Feathercoin Forum now has a
Reputation system.
You get the behaviour you design for and it's already come to our attention that there are certain members of the community who like to give our mods a hard time but who nevertheless are gaining some respect from their peers. It's an important part of keeping ourselves in check and making sure the right people get to the top.
Giving Is The Best Form of Communication
Big thanks again to
UKMark and
Kevlar for their work on the
Feathercoin Widget.
UKMark modified the
Donate Widget to work with Feathercoin. Kevlar modified it to not launch a new window needlessly, improving the user experience. This will currently only work for Windows users... I know, I know
The tipping culture is one of the most popular use cases in crypto (outside of buying high and selling low). You are going to see, I hope, more of these kinds of efforts in the future that will help to promote a culture of excessive generosity, a world where value speaks for itself and paying someone isn't just easy it's delightful.
Keep track of your Crypto port folio on the move
Crypto Keep is a crypto currency port folio tracker available on Android. It is brought to you by one of our longest standing members on the forum
aysyr who has been around with us since April and has created this neat app that keeps you up to date on your crypto holdings wherever you are (as long as there is an internet connection, and the blockchain isn't under attack).
Aysyr has already received
tips in FTC and support from the community and says he would be grateful if more people could try it out.
It works with the following cryptos:
Feathercoin, Phenixcoin, Worldcoin, Bitcoin, Litecoin, PPCoin, Primecoin, Digitalcoin, Yacoin, Namecoin, Xencoin, Solidcoin, Novacoin, Terracoin, CryptogenicBullion, Ixcoin, Megacoin, and Mincoin
The three major government backed
scam coins currencies are supported: USD, GBP and EUR.
What better way to find out if you can afford this month's rent as your net worth goes up and down like a yoyo? Certainly beats Cryptsy's new two factor auth takes ages to login.
Feathercoin Miner Update
We are pleased to announce that 9:49pm on Sunday night we successfully made it through our hard fork at Block 87,948.
The latest Feathercoin version 0.6.4.4 is now available and is a
mandatory update available from our
home page. Though the current Feathercoin difficulty which we changed to get us out of a tough spot it is not fair for long term miners who have to experience 41.4% swings on every adjust. The new code will adjust four times more frequently at 126 blocks but to approximately 9% which still gives the exact same overall adjust. To prevent the difficulty from being sent up or down too rapidly the current 504 sample window is being maintained and damping is being introduced to reduce fluctuations between extremes.
There have been long running discussion and arguments on the Feathercoin forum including simulations of various different options surrounding this solution. Feel free to take a look at the latest discussion
here.
Feathercoin, now with extra granularity.
:
Move to 126 difficulty adjust with 504 averaging window and .25 damping
Reduce effectivness of Time Warp attack
Reinstate CAlert system
Make getnetworkhashps more accurate
Release Windows binary with QR encode
Added support for handling of Feathercoin URLs
TL;DR - Bringing together the high and the low
The best perspective of all is the low level. We have been working very hard at pounding pavement getting out and meeting people offline, especially in London. The decentralisation of our network along with the security is very important to us. And so are the people along with the tools that enable them to go about their daily lives without having to even know that the money is there. We continue to support the people who care the most in our community and the dialogue on the
Feathercoin Kickstarter is still ongoing so it's not too late to get involved. Keep an eye out for more news on the Feathercoin Video from our Oxford Meetup last month, the Market Place and Local Feathercoin projects all of which are being worked on very hard by our dedicated team members.
If you are still
reading this you are the resistance. Follow us on Twitter
@Feathercoin to stay up to date.
Thank-you for your time.
