I just found this new coin at cryptocointalk and I think is very well put together.
, 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.
thekidcoin, on 04 Mar 2014 - 03:05 AM, said:
Flutter Coin (FLT)
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs12.postimg.org%2F6coe71unx%2Ffluttercoin_128.png&t=665&c=x-coxa7DM3BoiA)
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/fluttercoinBinaries:
https://github.com/thekidcoin/fluttercoin-binariesFlutterCoin 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