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worldinacoin (OP)
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October 14, 2011, 02:33:13 PM |
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Now that coblee has had a successful launch of Litecoin, wonder what will be the future plans of Fairbrix? I did try to mine it on a spare PC for an another day but nothing came out. Any decision to support or dump it?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Lolcust
Member
 Offline
Activity: 112
Merit: 11
Hillariously voracious
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October 14, 2011, 02:40:24 PM |
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If I recall correctly, coblee has stated he will continue maintaining fairbrix to give it a fair chance. Besides BTC-E sortakinda  said they will launch FBX and LTC exchanges together, so it would be a shame to dump FBX that close to getting an exchange. |
Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse  Feed the Lolcust! NMC: N6YQFkH9Gn9CTm4mpGwuLB5zLzqWTWFw67 BTC: 15F8xbgRBA1XZ4hmtdFDUasroa2A5rYg8M GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
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freequant
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October 14, 2011, 02:50:16 PM |
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Fairbrix is like Tenebrix in better (no premine).
It has a bit weak hashrate, but it may recover once there is an exchange.
Anyway, you cannot kill a distributed crypto currency as long as there are people willing to mine it.
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Bobnova
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October 14, 2011, 02:53:16 PM |
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I've been mining it, seems to still be alive.
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BTC: 1AURXf66t7pw65NwRiKukwPq1hLSiYLqbP
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coblee
Donator
Legendary
Offline
Activity: 1653
Merit: 1286
Creator of Litecoin. Cryptocurrency enthusiast.
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October 23, 2011, 04:13:08 AM
Last edit: October 23, 2011, 06:09:05 AM by coblee |
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Looks like there aren't too many people mining fairbrix anymore. From allchains.info Litecoin has 5.69 mhash whereas Fairbrix only has .08 mhash. That's like 1.5% of Litecoin's network. Since interest is so low and the price is really low also, I probably won't spend much time maintaining the fork. If someone wants to take over, I will be happy to transfer the github project over to them.
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worldinacoin (OP)
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October 23, 2011, 06:02:55 AM |
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It is a pity, it looks quite a decent piece of work. But I guess you will be extremely with Litecoin which is getting really popular. Hope that someone can pick up Fairbrix from there.
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wknight
Legendary
Offline
Activity: 889
Merit: 1000
Bitcoin calls me an Orphan
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October 23, 2011, 03:40:28 PM |
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Problem with Fairbrix is risk of being 51% at all times.
Very fragile coin for sure.
I still have like 2k on it.. though i dont plan to do anything with it but store it away.
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Mining Both Bitcoin and Litecoin.
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goldk
Newbie
Offline
Activity: 22
Merit: 0
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November 21, 2011, 12:50:20 AM |
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I've been mining it, seems to still be alive.
I have interest in mining fairbrix. Where can I start doing this? |
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FlipPro
Legendary
Offline
Activity: 1764
Merit: 1015
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November 21, 2011, 01:30:04 AM |
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DEAD?  |
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Spacy
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November 21, 2011, 08:59:50 AM |
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DEAD? No, the correct status is "nearly-GG-level"  |
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goldk
Newbie
Offline
Activity: 22
Merit: 0
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November 21, 2011, 11:14:07 AM |
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I don't care if people think it is dead or not. I would like to mine it anyway. GG level is fine.
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caish5
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November 21, 2011, 02:31:59 PM |
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Goldcoin: You'll need to get the client and solo mine it. There are no pools but the difficulty is pretty low.
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Retired
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November 22, 2011, 12:07:58 PM |
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Maybe it will get a bit more of momentum since Litecoin seems to be getting more and more popular... and the authors credit FBX for the scrypt implementation properly.
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