shiyang1992
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 Offline
Activity: 52
Merit: 0
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March 09, 2014, 02:54:52 PM |
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Hi guys, I believe that the distribution of the coins will begin in the coming hours, As part of our attempt to be as transparent as possible, here is the google analytics report of the signup period: https://mega.co.nz/#!jQIFULSZ!vRqeTVsI0qeZ9SC9ZV7BSSTfEkKirm66VIoso-TgqkY Thanks, Faircoin Team I think its pretty fair, the most stakeholders from the most populated countries as we expected, Israel is a bit too high for me but maybe there were some site there where Fair coin spreaded so fast, and yes Chinese have some stake, but there are a lot of Chinese people in the world  And we heard that in the QQ groups many chinese involved into Fair coin, so I think this means we have rather many individual chinese stakeholders than some chinese guys with large stake. YES Many people involved into the coin , in qq group, many people know the info of the coin. Although many people involved into the coin, but they get the same coin as you.It is too difficult to get the coin. |
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bitdraw
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March 09, 2014, 02:55:14 PM |
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can anyone post working nodes?
the ones earlier in this thread, dont seem to work anymore ..
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MIG.fish
Newbie
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Activity: 15
Merit: 0
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March 09, 2014, 02:56:45 PM |
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zxm7001
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March 09, 2014, 03:03:40 PM |
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aaronjobs
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March 09, 2014, 03:16:56 PM |
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 How about this logo，guys？ |
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nightwishx
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March 09, 2014, 03:19:37 PM |
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 The original author unknown |
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luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
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March 09, 2014, 03:19:59 PM |
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Can't sync wallet, even with nodes etc...
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upintheair
Newbie
Offline
Activity: 5
Merit: 0
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March 09, 2014, 03:25:24 PM |
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bitcoinsservice
Newbie
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Activity: 55
Merit: 0
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March 09, 2014, 03:32:22 PM |
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to the moon!
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Cryddit
Legendary
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Activity: 924
Merit: 1122
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March 09, 2014, 03:37:43 PM |
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This actually worked really well, regardless of the fact that somebody got 350 shares. I think this is, so far, the gold standard for a proof-of-stake rollout.
I do have to disagree, the distribution model is highly flawed. You cannot call this a 'gold standard' when certain individuals get considerably more stake than others because of security gaps. Systems which give stake to registered bitcointalk or facebook users are even fairer than this even though the exclude the majority of people, at least the system cannot be gained to such extent as one person getting almost a percentage of the stake. Well, let's consider it at the very least a valuable learning experience. This worked better than I would have believed any all-comers giveaway possibly could. Someone scripted a sybil attack and didn't dominate the whole proceedings. I think the crucial thing - the big learned lesson here - was the captchas. As a (reasonably) script-resistant element, they dominated the work of the sybil attacker. The lesson is that to make the whole thing fairer, we need captchas that take more human time to solve. Instead of "which of these three pictures is a duck?" we need a "game" captcha like "Can you solve this maze, avoid getting killed by the monsters, and bring your coins from the vault back to the palace?" that has procedurally generated content, gives everybody a different random seed so no two mazes are alike, and takes a human an hour or so to play. They send in a savefile that has all the movements recorded, the server runs it against the random seed it gave them and discovers whether they succeeded, and the server awards coins. True, procedurally generated content being what it is, some folks would get tougher mazes than others. Some might solve three or four, or even ten. But nobody's going to solve 350 of them in a day, and if you're really stuck you can always get another captcha (making the one you downloaded to the same address earlier ineligible for the prize) and do a different maze. |
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MisO69
Legendary
Offline
Activity: 1946
Merit: 1005
My mule don't like people laughing
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March 09, 2014, 03:38:07 PM |
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I think this coin is fair like every other Coin which was distributed that way!
The more you have the fairer is it for you.
People who will get in touch with this coin after the distribution will not say that it is fair.
PMC: come early and have sock puppets = at least 1% of the total supply
Coin2: be on Facebook and have many friends there = at least 1% of the total supply
Faircoin: be unemployed figure out ways to make mor than 1 token at a time = at least 1% of the total supply
plus the huge question mark whether and how much wallets the dev owns
Yeah I missed the first two as well. By your post it looks like you missed out on all 3. Sure wish I had posted my Premine coin address for some coins to TEST as it was just a test when it was released. |
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ITGeniusGuru
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March 09, 2014, 03:44:26 PM |
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Anyone receive any coins yet?  Not yet! Waiting for an announcement from FAC Dev: OK thanks everyone for participating. There will be no distribution of the made-up coin. It was all a hoax. Have a nice day  Other than that, look at the Visits Stats: China 17,969 31.63% United States 8,775 15.45% If FAC gets traded on a CHINESE exchange, count on them to drive it up. Otherwise, I stick by my prediction it will not pass the phase of vaporcoin. |
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MisO69
Legendary
Offline
Activity: 1946
Merit: 1005
My mule don't like people laughing
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March 09, 2014, 03:45:55 PM |
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The blockchain ins't moving. The idiots who don't read and just started to mine must have all jumped off after bringing the difficulty up. Its stuck at 3.25907968 now.
I'm going to point one of my rigs at it for a while and see if I can bring it down somewhat. Also no one is going to get their coins if no one mines.
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ITGeniusGuru
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March 09, 2014, 03:50:38 PM |
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No one is going to get their coins if no one mines.
Please publish mining pool info (URL, port number) and I will put one of my GPUs on it right now. |
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flounderella
Sr. Member
Offline
Activity: 350
Merit: 250
Bitcoin Evengelist
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March 09, 2014, 03:53:11 PM |
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This actually worked really well, regardless of the fact that somebody got 350 shares. I think this is, so far, the gold standard for a proof-of-stake rollout.
I do have to disagree, the distribution model is highly flawed. You cannot call this a 'gold standard' when certain individuals get considerably more stake than others because of security gaps. Systems which give stake to registered bitcointalk or facebook users are even fairer than this even though the exclude the majority of people, at least the system cannot be gained to such extent as one person getting almost a percentage of the stake. Well, let's consider it at the very least a valuable learning experience. This worked better than I would have believed any all-comers giveaway possibly could. Someone scripted a sybil attack and didn't dominate the whole proceedings. I think the crucial thing - the big learned lesson here - was the captchas. As a (reasonably) script-resistant element, they dominated the work of the sybil attacker. The lesson is that to make the whole thing fairer, we need captchas that take more human time to solve. Instead of "which of these three pictures is a duck?" we need a "game" captcha like "Can you solve this maze, avoid getting killed by the monsters, and bring your coins from the vault back to the palace?" that has procedurally generated content, gives everybody a different random seed so no two mazes are alike, and takes a human an hour or so to play. They send in a savefile that has all the movements recorded, the server runs it against the random seed it gave them and discovers whether they succeeded, and the server awards coins. True, procedurally generated content being what it is, some folks would get tougher mazes than others. Some might solve three or four, or even ten. But nobody's going to solve 350 of them in a day, and if you're really stuck you can always get another captcha (making the one you downloaded to the same address earlier ineligible for the prize) and do a different maze. Hmm that's an interesting suggestion! +1 |
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FaircoinExchange
Newbie
Offline
Activity: 17
Merit: 0
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March 09, 2014, 03:54:52 PM |
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Much Hello! Our launch was a great success and we are all working together to make this coin the next... NXT  Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency! We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins. Please visit our new site: http://www.FaircoinExchange.comAbout us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market. We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message. Cheers. |
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Cryddit
Legendary
Offline
Activity: 924
Merit: 1122
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March 09, 2014, 03:56:16 PM |
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No one is going to get their coins if no one mines.
Please publish mining pool info (URL, port number) and I will put one of my GPUs on it right now. Does nobody ever solo mine anymore? It's even easier to set up than a pool, and brings the diff down just as well. Plus, if you get a block you get all of it. So why not just say "generate=true" when you start your wallet? You need pool info like a fish needs a bicycle. |
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fair-cointeam (OP)
Member
Offline
Activity: 70
Merit: 10
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March 09, 2014, 03:57:33 PM |
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Much Hello! Our launch was a great success and we are all working together to make this coin the next... NXT Faircoin will be the number one proof of stake cryptocurrency, and everyone is working together and contributing to make this happen. There is a huge initial community behind this coin and soon Faircoin will be a top 10 cryptocurrency! We believe in this currency long term, and since we realize it may take some time to get on the major exchanges and coinmarketcap, we have set up an over the counter market for people to buy and sell Faircoins. Please visit our new site: http://www.FaircoinExchange.comAbout us: We are a team of best friends who have been in crypto for years, and we are dedicated to make trading Faircoins easy, fast, and most of all secure. We are working hard to expand our exchange functionality and hope you will also help facilitate the growth of this new market. We already have a large amount of pre-orders from people who either missed the distribution or want more! If you would like to be added to our orderbook or have any recommendations please send us a message. Cheers.
This is NOT part of our team,
Please be very very careful! |
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ITGeniusGuru
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March 09, 2014, 04:00:30 PM |
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Does nobody ever solo mine anymore? It's even easier to set up than a pool, and brings the diff down just as well. Plus, if you get a block you get all of it. So why not just say "generate=true" when you start your wallet?
Good idea. Do I need to start Faircoin-QT with the -server switch as well? No need for CGMiner, or BFGmIner? In my faircoin.conf file, I have Gen=1 Isn't that the same as generate=true? |
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