[Unofficial ANN] FlutterCoin (FLT) POW, POS, + NEW Proof-of-Block

[coolisbad]

UPDATE:
This thread is now obsolete and locked.
NEW, official thread by the Fluttercoin dev:
https://bitcointalk.org/index.php?topic=509499.0

I just found this new coin at cryptocointalk and I think is very well put together.
I am not the dev, but I think this coin is pretty nice and deserves more attention.
I waited for the dev to make his announcement, but he didn't, so I stopped waiting.

https://cryptocointalk.com/topic/7060-ann-fluttercoin-flt-pow-pos-and-new-proof-of-block-pob-mining/


GET YOUR WALLETS AND READ MORE ABOUT IT HERE:
https://cryptocointalk.com/topic/7068-fluttercoin-flt-information/


DEV FIXED WALLET. SOURCE IS ON GITHUB.
Release v0.4.5.0 Mandatory Update
POOLS ARE UP AND RUNNING.



MPOS POOLS:
Pool owners please send PM if you want to be added to the first post


http://flt.cloudminers.net
http://flt.coinpoolr.us
https://flt.crunchharder.net
http://flt.bondni.com
http://flt.bitember.com
http://pool.webcoin.us/flt
http://flt.crypto-hamsters.com/




The launch looks looked still fresh, as I am was posting this (2014-03-04 ~04:00 GMT):

Code:

"blocks" : 423,
"difficulty" : {
"proof-of-work" : 0.00504396,
"proof-of-stake" : 0.00024414,
"search-interval" : 1
},
"netmhashps" : 0.72212142,

Original post follows:

thekidcoin, on 04 Mar 2014 - 03:05 AM, said:

Flutter Coin (FLT)



Mining begins now as to have no private pre-mine, and to eliminate hopefully a sudden influx in mining which will lead to many orphans (orphans are inevitable). This I think if much fairer than a pre-mine, and will allow people to start mining without large miners ready to pounce.

This coin introduces Address Hash Mining (Proof-Of-Block) Mining as another option to earn coins and also secure the blockchain.

Scrypt Proof-of-Work/Proof-of-Stake Hybrid with **NEW** Address Hash Mining (Proof-Of-Block)

Earn Flutter Coins through Proof-Of-Work, Proof-Of-Stake, or Proof-Of-Block mining.

Butterfly Effect: The phenomenon whereby a minute localized change in a complex system can have large effects elsewhere.

Such is the design of Flutter Coin. Proof of Block Mining (POB) - a feature only found in Flutter Coin, creates more opportunity for such chaos. For ex-
ample, someone sending 1000 FLT to an ecommerce site for 1 widget, could be rewarded 2000 FLT via POB, enabling this person to possibly buy an additional 2
widgets, thus enabling the ecommerce site owner to use the proceeds to buy goods or services from another party, and the ripple effects continue...

Random Proof-Of-Work Mining (POW) Rewards (halving every 525,600 blocks)

Year # MIN MAX
Year 1: 500 5000
Year 2: 250 2500
Year 3: 125 1250
Year 4: 62 625
Year 5:  31 312
Year 6: 15 156
Year 7:  7  78
Year 8 on: 50

There is no maximum number of coins, proof of work for the first 7 years is roughly a minimum 500 million and maximum 5 billion.

Proof-Of-Stake Mining (POS) - variable interest based on coin age

Proof-of-Block Mining (POB) - Mining by matching address segment to block hash (on tansactions greater than 500 coins), 50% of the block subsidy

Increased security on Proof-of-Work blocks though verification of coinbase tx value, size, and destinations of coinbase transactions via Proof-of-Block checking.

Default P2P Port: 7408
Default RPC Port: 7474

It is recomended that you use the official builds, only from the official Github repository to minimize the chance of malware, and ensure you are using the correct dependencies.

All binaries built using gitian builder on custom Ubuntu 12 VM's for consistency of versions.

If you wish to build manually:

Build Dependencies - Please to not use other versions

- "openssl-1.0.1f.tar.gz"
- "db-6.0.20.NC.tar.gz"
- "miniupnpc-1.8.tar.gz"
- "zlib-1.2.8.tar.gz"
- "libpng-1.6.8.tar.gz"
- "qrencode-3.4.3.tar.bz2"
- "boost_1_55_0.tar.bz2"
- "boost-mingw-gas-cross-compile-2013-03-03.patch"
- "qt-everywhere-opensource-src-4.8.3.tar.gz"


Source Code:

https://github.com/thekidcoin/fluttercoin

Binaries:

https://github.com/thekidcoin/fluttercoin-binaries

FlutterCoin Release 0.4.4.7
922445d845f194ee7c612c63ad06ad0b66f8078f  fluttercoin-0.4.4.7-daemon-linux32.zip
253c75878c4a5b4c63557f6942b31caf33ab59fc  fluttercoin-0.4.4.7-daemon-linux64.zip
c98e6f1ab069cc329cbb4d4451ae95f5ca34ce96  fluttercoin-0.4.4.7-daemon-win32.zip
45f68dc2d74cc4761c27a8d3385e17f4684804dc  fluttercoin-0.4.4.7-daemon-win64.zip
173e85dba24bcca7db5e6a8c603d56d6c883b8c6  fluttercoin-0.4.4.7-qt-linux32.zip
fe82c13fe290d4e86675e508e037148d1c201484  fluttercoin-0.4.4.7-qt-linux64.zip
414d9304a60d2f1f539cc6a8cbc3f0b2919388fa  fluttercoin-0.4.4.7-qt-win32.zip
d3b7577e79ee47792a75837bbce99541c6726a88  fluttercoin-0.4.4.7-qt-win64.zip

If you have issues connecting, you can use these nodes:

addnode=54.203.244.27
addnode=54.203.244.170

[temple]

http://flt.bondni.com

[coolisbad]

http://flt.bondni.com

Heh, is that a pool already, or another coin with the same ticker (FLT) ?

Edit: judging by the block height it's a pool, not another coin.

[temple]

http://flt.bondni.com

Heh, is that a pool already, or another coin with the same ticker (FLT) ?

pool mining testing with small hash power.

I even don't know if it is worth to mine this coin yet.

anyone interesting, so I would open it for public mining.

[armaan56]

http://flt.bondni.com

Heh, is that a pool already, or another coin with the same ticker (FLT) ?

pool mining testing with small hash power.

I even don't know if it is worth to mine this coin yet.

anyone interesting, so I would open it for public mining.

Open it to public. im trying to mine

[coolisbad]

I like the new ideea a lot. I hope it gets noticed.

[sussex]

http://flt.bondni.com

Heh, is that a pool already, or another coin with the same ticker (FLT) ?

pool mining testing with small hash power.

I even don't know if it is worth to mine this coin yet.

anyone interesting, so I would open it for public mining.

I'd point my miners at this pool given the chance 

[coolisbad]

I think the pool is on a fork and stuck at 399, maybe?

Current block height is 559

[grim84]

Open the pool please thanks

[coolisbad]

Diff is yet low: 0.01109783

Solomining is still very possible.

[y3804]

Need a pool. The first pool will receive a 5% mining donation from my 200mh/s. GO

[Piotrsama]

Stuck at block 570.

[coolisbad]

fresh nodes:

54.203.244.27:7408
192.241.215.76:7408
98.206.144.224:7408
54.203.244.170:7408
[2001:0:9d38:6abd:2c94:95f:2286:3028]:7408

[temple]

http://flt.bondni.com closed

and transfrer all tranffic to http://flap.bondni.com

encounter wallet error

# ./fluttercoind getbalance
error: {"code":-2,"message":"Safe mode: WARNING: Invalid checkpoint found! Displayed transactions may not be correct! You may need to upgrade, or notify developers."}

[coolisbad]

http://flt.bondni.com closed

and transfrer all tranffic to http://flap.bondni.com

encounter wallet error

# ./fluttercoind getbalance
error: {"code":-2,"message":"Safe mode: WARNING: Invalid checkpoint found! Displayed transactions may not be correct! You may need to upgrade, or notify developers."}

It looked like the pool got stuck on block 399. Din you tried deleting the blockchain and resyncing?

[sussex]

Looks like it forked 45 mins ago

[otila]

first run

Code:

4245812455 == or != 4245812455


************************
EXCEPTION: St13runtime_error       
CDB() : can't open database file , error 21       
fluttercoin in Runaway exception       

second run

Code:

fluttercoin-qt: src/kernel.cpp:376: unsigned int GetStakeModifierChecksum(const CBlockIndex*): Assertion `pindex->pprev || pindex->GetBlockHash() == (!fTestNet ? hashGenesisBlock : hashGenesisBlockTestNet)' failed.

is this what they mean by "chaos" in README?

[coolisbad]

Check here, the dev has done some work to fix things.

https://cryptocointalk.com/topic/7060-ann-fluttercoin-flt-pow-pos-and-new-proof-of-block-pob-mining/

[Piotrsama]

We need a pool, impossible to mine for small players.

[sq]

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