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

[AnonyFox]

Also looking for new logo.

I like foxes. As such, you just got OUTFOXED.



I've styled foxcoin as llF, which is typeable, and seems to give the impression of slashes thru a letter a la $ & BTC.

And isn't the Franko F

Bounty me, baby?

Sent it to the devs, they compiled it with the new image:


@Pythonideus
You will be rewarded the 5,000 FOX bounty for being the first pool.

@Thom
I didn't list that as a bounty, but I'll put you down for 2,500 FOX.

Updating OP now...

EDIT: Updated OP with new logo, ledger and pool.

[Thom]

Sent it to the devs, they compiled it with the new image:

Updating OP now...

Sweeeeet! Thanks. I'll give you more files of it and the llF at various common sizes so it can be crispy when small.

I'm also on a mac and unafraid of compiling, though I've never built a wallet. I'll see if i can build an established wallet.

[Nullu]

Keeping an eye on this one.

[add1ct3dd]

http://fox.united-miners.com will be active shortly.

Sounds interesting .

[pabloangello]

Why this coin is needed in crypto currency world? Is it?

[luckygenough56]

the last animal coin missing

[itsallpc]

So do we have a launch time ??

[galaxymini]

Foxcoin waiting...

[nesco1805]

upto 1% premine should be okay

.5 is fine, if you have to..

half for you, the other half for promotion..

Please disregard these 2 ^^

1% (premine ) is highly misleading.

OHHH BUT Y U HAIT DEVS, TS JUST TINY LITTLE 1% FOR BOUNTIES


Wrong noob! What 1% means is that OP will own 50% of total coin volume by the time it reaches exchange.
Please use (absolute coin) numbers instead of % (say 100 000 coins), or if you're denoting premine in %, please use percentage of total coin mined at 1 month (usually the time window in which coin makes to big exchange)

[Last1212]

What is special in fox coin? Pandacoin already decreases their reward, isn't it?

[add1ct3dd]

Hey guys,

United-Miners is allowing registrations ready for FoxCoin

http://fox.united-miners.com - has the usual pool features:

Stratum with VARDIFF - adjusts automatically to your hashing speed for optimal results
1 % FEE - small fee to ensure pool stays alive - we have very extensive hardware to ensure no downtime Smiley
Idle Worker Notifications - you will be mailed when a worker goes idle
Fancy mobile site - access the site easily via your IPhone/Android
SSL protected - adding today.
DDoS Protected

Any questions please ask.

[AnonyFox]

So do we have a launch time ??

FoxCoin will be launching: 20-1-2014 11:00PM GMT if all goes well, 21-1-2014 11:00PM GMT fallback date

@add1ct3dd
Added to OP, name listed in ledger for bounty.

What is special with FoxCoin? Well, as pointed out by user Last1212 a coin called 'PandaCoin' already has a reward the decreases by the day. (Not even mentioning that FoxCoin rewards decrease every block vs every ~day)

The improvements we're making upon the wallet aside, from a currency standpoint, much less of FoxCoin is given out initially comparative to the maximum coins. As I mentioned earlier (500,000 DOGE goes into 100,000,000,000 DOGE 200,000 Times - 50 BTC goes into 21,000,000 BTC 420,000 Times, While 250 FOX goes into 1 Billion FOX 4,000,000 times) - Meaning that FoxCoin is semi-"pump n' dump" proof, but aside from that, it makes FoxCoin more viable as a currency, as large amounts of it won't be able to be hoarded by the people who begin mining at release. FoxCoin block rewards continue for a long time to keep the network going  and presumably, if FoxCoin still exists within 282 years, which most would bet it won't, then it would be valuable to the point where the network could conceivably live of tx fees. And on the wallet side the devs are adding things like tutorials to make it easier for new crypto users to 'get in' to FoxCoin.

Again, not really a genius when it goes to crypto, you'd have to talk to the devs.

[lasciv]

upto 1% premine should be okay

.5 is fine, if you have to..

half for you, the other half for promotion..

Please disregard these 2 ^^

1% (premine ) is highly misleading.

OHHH BUT Y U HAIT DEVS, TS JUST TINY LITTLE 1% FOR BOUNTIES


Wrong noob! What 1% means is that OP will own 50% of total coin volume by the time it reaches exchange.
Please use (absolute coin) numbers instead of % (say 100 000 coins), or if you're denoting premine in %, please use percentage of total coin mined at 1 month (usually the time window in which coin makes to big exchange)

Do not disregard this, just follow the thread. Few posts below:

https://bitcointalk.org/index.php?topic=420341.msg4569141#msg4569141

[AnonyFox]

upto 1% premine should be okay

.5 is fine, if you have to..

half for you, the other half for promotion..

Please disregard these 2 ^^

1% (premine ) is highly misleading.

OHHH BUT Y U HAIT DEVS, TS JUST TINY LITTLE 1% FOR BOUNTIES


Wrong noob! What 1% means is that OP will own 50% of total coin volume by the time it reaches exchange.
Please use (absolute coin) numbers instead of % (say 100 000 coins), or if you're denoting premine in %, please use percentage of total coin mined at 1 month (usually the time window in which coin makes to big exchange)

Do not disregard this, just follow the thread. Few posts below:

https://bitcointalk.org/index.php?topic=420341.msg4569141#msg4569141

We haven't, the premine listed on OP is 25,000 FOX or ||F as its been dubbed 

[lasciv]

Sorry, was more talking to that guy that said something about me..

 

[AnonyFox]

Sorry, was more talking to that guy that said something about me..

 

My bad, when you said ''do not disregard this' I thought you were talking to me. Guess I jumped the gun there

[Devianttwo]

Also looking for new logo.

I like foxes. As such, you just got OUTFOXED.



I've styled foxcoin as llF, which is typeable, and seems to give the impression of slashes thru a letter a la $ & BTC.

And isn't the Franko F

Bounty me, baby?

Sent it to the devs, they compiled it with the new image:


@Pythonideus
You will be rewarded the 5,000 FOX bounty for being the first pool.

@Thom
I didn't list that as a bounty, but I'll put you down for 2,500 FOX.

Updating OP now...

EDIT: Updated OP with new logo, ledger and pool.

Ty much I'm the owner of the pool btw. hes my advertising manager.  we will msg you the address once we get one.

[dmgta]

One more thing "All FoxCoins will be mined within 282 Years" seems a bit excessive

The whole 282 year thing is something I can't quite completely get my head around. But the jist of it is that to prevent pump and dumping the initial block reward is proportionally lower then the max coins then most other coins. For example, 500,000 DOGE goes into 100 Billion 200,000 times, 50 BTC goes into 21 Million 420,000 times whereas 250 FOX goes in 1 billion 4,000,000 times. This is to make sure the early adopters don't get this massive advantage over the masses who get in 1 month or a year late.

282 Years? The devs are aiming for a long lasting currency I guess. They want to keep a stable rate of inflation for a while before the coin inevitably reaches its limit. I agree it's a bit long, but then again I'm not an expert on this stuff, I guess I'll talk to the devs about it, I'll get back to you!

And yeah, the gravity well feature is to prevent just that, Silverwolf.

Also, seriously, what DOES the fox say?

Your input is all appreciated and suggestions are wanted.

Heres the thing if you market it correctly and provide enough pools then the early adopters are the people who will make your coin succeed not the stragglers who come in a month later. One thing that will make a coin not succeed is it being no fun to the miners i.e. small rewards split amongst many the miner ends up having not enough shares to make them want to mine anymore when they can go mine doge or other alts that have a huge block reward and can be paid out on an exchange immediately.

Just saying look at the other coins that have had low block rewards not many succeed in the scrypt world.

Watch their initial history huge hashing power to start then ohh im not getting enough coins hashing power drops = dead

baconbits is a great example of this.

You are creating an alt currency make it that. Trying to create something that will have a value over .00001 satoshi days are over especially when its called foxcoin. Make it fun hit high rewards let the end users / miners experience the thrill of having a good sized amount in their wallet.

I am not trying to beat your coin down either i like it you guys seems legit and the coin looks fun.

I really appreciate your suggestion, I will speak to the devs about this. (Also, any suggestions regarding changing the block rewards would be appreciated)

Dev update: They finished testing via testnet. It seems the coin is stable and the block reward decreases as expected. I finished writing the tutorials and they have been fully implemented. We are looking for suggestions and have placed a 500 fox bounty on suggestions that will be implemented to the wallet. (We have decided to go with the 25,000 FOX premine)

My 2 cents

If you want longevity in this coin 1,960,000 is quite a small amount look at any fiat currency I know not the best examples but lets look at USD as am example as of 2014 Jan they are at 1.19 Trillion and can continue to print when necessary to accomodate the demand, debt, stability etc. You are creating a worldwide crypto currency and in order to have longevity there needs to be enough to share the wealth amongst as many people as possible. 1,960,000 is quite low since there are probably more miners than there are your coins as a whole.

I would suggest something like this doesnt have to be exact. 60 second block rates, 2500 per block and you can set the rest if you were going to do halving i would suggest every 4000 which would roughly mean 20000000 in circulation. Having a lower block amount in the short term makes the value of the coin more yes but in the short term. What happens if your coin takes off you establish some good partners who want to use your coin as an accepted currency you will still fall into the same issues as btc which i feel will be the main reason it can never take over fiat, the general population like quantity makes them feel important to pay for something with .02345 denomination of something does not compute to the general populous that have been conditioned to establish wanting something with the price associated. Can you imagine the average joe saying i just bought this new tv with .1234 fox never going to happen.

Everyone who is creating new coins is creating for the market in place and not being proactive for the market that can come which is the inception of crypto to non tech related people and doesn't matter how much you explain to them the fundamentals of this sub culture they just glaze over and ask ok how much is that then. I have tried many times.

Sorry for the rant I am a big advocate of crypto and you suggesting 25k coin premine with the amount of coins you were suggesting originally gives me the sense that you guys are in this to make this culture grow not for the quick P&D.

Cheers guys

If anyone else in the forum disagrees I would love feedback as well I am always open to learning something new.

[dmgta]

Ohhh one more thing you guys need to market post launch as much as possible the members here hate to be hit by surprise after launch as the announcement thread is inindated with old launches having people still talking in their forums.

If you want help PM me thats what i do for a living

[kalus]

Fox, Panda, Doge, Cat, Kitten, Meow, Tiger, Fish

We are missing

Camel, Elephant, Goat, Lion, Monkey... What else

absolutly irrelephant in this thread!

wait don't forget Doggycoin, doggecoin, muttcoin, shitzucoin, k9coin, caninecoin, wolfcoin, lupuscoin, it'sneverlupuscoin, dachshundcoin, etc.