[ANN] FoxCoin - A Fully Dynamic Cyptocurrency [DYING]

[farvali]

Our VK community is growing up! I see lots of visitors from English-speaking countries in there. That's good! Please join us to be able to add comments and participate in conversations, we do speak English (more or less, LOL), I translate almost all the posts from Russian into English.

Btw, is there a Facebook FOX-community?
Also, it'd be nice if someone added a "Social FOX" section into OP-post with link to Reddit FOX thread and our community and maybe more social FOX resources to come. I see FOX is getting kinda tired although it's only 1 week old. It needs a small bump IMO 

I posted your community when you announced it. https://www.facebook.com/FoxCoins

I'll post again. Also, maybe ask your community to like on the FB page and share out the posts. Also, you or they can post to the page yourselves.

Thank you mate! I also posted the info about your FB community on our VK.com page 

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[AnonyFox]

What you can expect in the next update:

Release date?

Hopefully sometime during the weekend, sorry, can't really provide a definite time other then I'll release it the second it is finished.

[Cryptoma]

Added new pool to OP.

Thank you.

Everyone please join it: http://fox.cryptoma.com

A note: the 20 fox bonus is a temporary thing, but it will be there for few more days.

[AnonyFox]

Increased promotion bounty.

[farvali]

Increased promotion bounty.

Great! What needs to be done to receive 1k? Our VK community has grown up a bit, take a look and drop us a bit of foxes if you don't mind, I will organise another giveaway then 
We can't wait for a new wallet release, btw.

[AnonyFox]

Increased promotion bounty.

Great! What needs to be done to receive 1k? Our VK community has grown up a bit, take a look and drop us a bit of foxes if you don't mind, I will organise another giveaway then 
We can't wait for a new wallet release, btw.

Simply get new users interested in FoxCoin. The greater the effect you have, the more FOX you get. We thank you for your support.

[PotatoMcGruff]

Needs a real exchange... Never heard of a single one of those C rated exchanges.. Get Coinedup, cryptsy or BTE-R until then this coin will have no value... (and I want it to, considering I have like 15k of it)

In fact you may be hurting the coins value by adding it to all of these sketchy exchanges..

[farvali]

Needs a real exchange...

What have you done for FOX? Have you at least voted for FOX to appear on a "real" exchange?

[dingoKoin]

I'm mining this coin and it feels good!

[Msile]

I think that coinmarket.io is small enough to take this coin.

[robin007bond]

I'm mining this coin and it feels good!

Same!

[morehash]

FOXCOIN MINING POOL!!!
http://foxcoin.morehash.com/

HIGH PERFORMANCE HARDWARE

Features:
0% FEES FOR LIFE
STRATUM, VARDIFF, PPNLS
DDOS-PROTECTED
Fast server with 4x hexacore CPUs
Ramdisk and Memcache
Payouts are run every minute!


Support: (Passwords, PINs, signup problems, etc)
Contact razorfish on irc.freenode.net in #foxcoin
I cannot reply to PMs here. I'm getting a lot and the site severely limits the amount of replies per minute.

http://foxcoin.morehash.com/

[TorVek]

I'd like to offer a set of suggestions regarding random Superblocks that I think would fit well with the coin.

For those of us who work regularly with hexadecimal, it's common to hear someone refer to a 0xF character as a "Fox".  What I'd like to propose for random rewards to help increase interest and enthusiasm is the concept of "Fox Blocks".

When a new block is solved, if the first hex character of that block is F, that block is a "Fox Block", and will pay a bonus amount equal to a multiple of the block reward that would have otherwise been paid.  At a target 60 seconds per block, that would happen roughly once every 16 minutes, or about 4 times per hour.  I'd like to suggest a base multiple of 4, so if the current block reward was 240 Foxes, a base Fox Block would pay out 4*240 or 960 Foxes.

For additional interest, this can be extended... if the first TWO characters of the block are FF, that could be something like a "SuperFox block", and pay a higher multiple, like 16.  At a frequency of roughly every 256 minutes, those would show up about six times per day.  A block starting with "FFF" might be an "UltraFox block", and pay something like a multiple of 64 over the current reward.

A structure like this accomplishes multiple things:

1.  The super-block reward structure meshes nicely with the current logo for the coin... the F is important, and the vertical lines next to it create the impression of "stacking", which is how the super-block reward system works.

2.  Since people using a command-line miner can actually see the start of the address of the currently-being-worked block, they can notice when a Fox Block is about to be found, and can "root for" their miner or pool to pick up the bonus.

3.  Given that the address of the next few blocks are inherently unpredictable, this randomization strategy helps to prevent the whales from putting their hashing power elsewhere and only switching to Fox mining when they know that a superblock is set to be mined soon (as happens with the superblock strategies of "every 1000th block is a superblock").

4.  Since this doesn't interact directly with difficulty, even a solo miner or those with lower hash rates could end up finding a high-reward block in the first few seconds of mining, spiking the interest in continuing to mine even for low-powered miners.

5.  Rewards that happen irregularly (with large deviations in amount above typical) have been shown in video game studies to greatly enhance the attentional value of the player... this is the basis for the "addictiveness" of activities like this.  High attention due to taking advantage of this reward mechanic might help keep hashing power more dedicated to the coin itself.

6.  Even though the individual rewards are high in this kind of strategy on the upper tiers, the total increase in coin volume per unit time remains relatively low.  For the three tiers I outlined, the coin reward rate per unit time increases by less than 25% (24.6%)... and it's still less than 25% higher even if you add a fourth tier for FFFF at a payout of 256 times normal.

7.  The base block reward continues with its smooth downward trajectory, so we still have a clean glide-path down in base rewards, and the Fox Blocks scale themselves down in tandem, since they are even multiples of the current block reward.

8.  The finite amount of Foxcoins that will be mined can still be maintained... this simply pulls the endpoint for when that happens towards us in time.... over 280 years to see it fully mined out isn't a terribly realistic target as it stands (IMO).

9.  The tiered structure gives natural variation to the size and frequency higher rewards... 4x rewards showing up about 4 times per hour gives regular reinforcement, 16x rewards about six times per day gives a stronger reward signal six times per day or so (still frequent enough to feel like one is "right around the corner") and a large reward of 64x normal still shows up more often than every three days on average, so they aren't super-rare and feel entirely plausible.  (A FFFF tier would only show up every 45 days or so on average, so the much higher jackpot might not seem as plausible to happen any time soon.)

What do you think, sirs?

TorVek
FOX: wuVRXki63Wz7j5xG2Auod9TqGk1zkDkvc6

[GurungBoi]

I think that coinmarket.io is small enough to take this coin.

let's get it on coinmarket.oi
It's a very good place to get volume

[Enkel]

I think that coinmarket.io is small enough to take this coin.

let's get it on coinmarket.oi
It's a very good place to get volume

Have you seen their support thread over the past couple days? They've only been online a few days and it looks like there's some kinks still to be worked out there.

[geokilla]

Will there be more markets in the future? This coin had some great potential but so far, it doesn't seem to be taking off.

Edit: Does anyone have problems synchronizing the wallet? I can't keep an active connection to the network. Got only 1 active connection.

[mylovelycryptocoins]

are there any exchanges for this?

[kuroman]

are there any exchanges for this?

lol ? it's written all over the place, you can't miss it seriously hint: ([NOW ON 4 EXCHANGES!])

[AnonyFox]

Will there be more markets in the future? This coin had some great potential but so far, it doesn't seem to be taking off.

Edit: Does anyone have problems synchronizing the wallet? I can't keep an active connection to the network. Got only 1 active connection.

More markets? Definitely.

Add the nodes on OP.

Also, I saw the SuperBlock suggestion.... if it gets solid feedback from the community I may implement it at say, block 50,000. If it doesn't... well that is the lay of the land.

[geokilla]

I want to try solo GPU mine but I don't see FoxCoin.conf in my Appdata folder. CPU mining in the QT wallet isn't working either? Help --> Debug Window --> Console Tab --> "setgenerate true 16" --> Nothing happens.

Will there be more markets in the future? This coin had some great potential but so far, it doesn't seem to be taking off.

Edit: Does anyone have problems synchronizing the wallet? I can't keep an active connection to the network. Got only 1 active connection.

Add the nodes on OP.

To where?