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Author Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving  (Read 368009 times)
thekidcoin (OP)
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March 10, 2014, 03:06:48 PM
Last edit: June 02, 2014, 03:49:09 AM by thekidcoin
 #1




This coin introduces Proof-of-Transaction Mining as another option to earn coins and also secure the blockchain.

Scrypt Proof-of-Work/Proof-of-Stake Hybrid with **NEW** Proof-of-Transaction (POT) mining

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



  • Scrypt Algo
  • Earn Flutter Coins through Proof-Of-Work, Proof-Of-Stake, or Proof-of-Transaction mining.
  • There is no maximum number of coins, though roughly 200 million coinswill be produced through POW

BLOCK REWARDS
    Block 1 - 3263: Random 500 5000 (1 minute blocks)
    Block 3264 - 22000: Random 1000 10000 (Begin 2 minute blocks)
    Block 22001 - 34750: Static reward 5000
    Block 34751 - 39791: Static reward 2500
    Block 39792 - 44832: Static reward 1250
    Block 44833 - 49873: Static reward 625
    Block 49874 - 54914: Static reward 312.50
    Block 54915 - 59955: Static reward 156.25
    Block 59956 - 64996: Static reward 78.125
    Block 64997 - 70037: Static reward 39.0625
    Block 70038 - 332838: static reward 20
    Halving every 262800 blocks



MANDATORY Release v0.4.5.7 fork(s) soft fork Friday, 16 May 2014 12:00:00 & hard fork Block 57,000
https://github.com/thekidcoin/fluttercoin/releases/tag/v0.4.5.7-flt

Changes:
-Proof of Transaction calculation fix
-RPC command resendtx fix

Fluttercoin Stratum Mining (only supported version)
https://github.com/thekidcoin/stratum-mining
 
Windows
Zip https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/fluttercoin-0.4.5.7-windows.zip
GPG Sig https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/fluttercoin-0.4.5.7-windows.zip.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/fluttercoin-0.4.5.7-windows.zip.sha256

Linux
Tar https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/fluttercoin-0.4.5.7-linux.tar
GPG https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/fluttercoin-0.4.5.7-linux.tar.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/fluttercoin-0.4.5.7-linux.tar.sha256

Mac OSX
DMG https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/Fluttercoin-Qt-v0.4.5.7.dmg
GPG https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/Fluttercoin-Qt-v0.4.5.7.dmg.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.7-flt/Fluttercoin-Qt-v0.4.5.7.dmg.sha256

Source Code
https://github.com/thekidcoin/fluttercoin


Sample fluttercoin.conf
Code:
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
addnode=54.203.244.170
addnode=54.203.244.27
addnode=54.199.237.235
noirc=1
listen=1
dnsseed=1
server=1

PORTS

RPC Port:  7474
P2P Port:  7408



Official http://explorer.fluttercoin.us/
http://flutterchain.us
http://agran.net/flt_getbalance.php



http://fluttercoinpool.com/ Multipool

http://flutter.speedminer.org
https://flt.crunchharder.net/index.php
http://flt.cloudminers.net/
flutter.miningwith.us
http://flutter.cryptotrain.net/
https://flt.qemulab.com
flt.bitember.com
http://flt.hashing.at/
http://flt.dedicatedpool.com/



FatBTC http://www.FatBTC.com
Vault of Satoshi https://www.vaultofsatoshi.com/
BTER https://bter.com/trade/FLT_btc
MintPal https://www.mintpal.com/market/FLT/BTC
Poloniex https://poloniex.com/exchange/btc_flt
Cryptokk http://www.cryptokk.com
Bittrex https://bittrex.com/
UseCryptos https://usecryptos.com/
Cryptsy https://www.cryptsy.com/markets/view/192
Europex https://www.europex.eu/#coin/btc/flt
C-CEX https://c-cex.com/?p=flt-btc



Whitepaper
http://www.fluttercoin.us/fluttercoin/wp-content/uploads/2014/03/Proof-of-Transaction.pdf
http://www.fluttercoin.us/fltbeta2/wp-content/uploads/2014/05/proof-of-transaction-v2-r.pdf

Website
http://www.fluttercoin.us/

News
http://www.fluttercoin.us/fluttercoin/wp-content/uploads/2014/04/fluttercoin-news-4-18-2014.pdf

BOUNTIES
Fluttercoin Bounty's http://fluttercoinbounty.com

Paper Wallet
http://coinok.pw/wallet/flt/



Twitter
https://twitter.com/thekidcoin

Facebook
https://www.facebook.com/fluttercoin

Reddit
http://www.reddit.com/r/fluttercoin



http://crypto-prices.com/FLT
http://www.worldcoinindex.com/



CryKeys http://www.crykeys.com/
Fluttercoin Dice http://cryptocointools.com/dice/fluttercoin/
FLT Alt Dice http://flt.altdice.net/
MetaNeural - Fluttercoin recommended trading system http://metaneural.com/



http://www.cryptocoinsnews.com/news/fluttercoin-wants-to-reward-your-spending-thekidcoin/2014/04/17
http://www.coinssource.com/fluttercoin-butterfly-effect/
http://www.cryptoarticles.com/crypto-news/2014/4/18/fluttercoin-first-cashback-crypto-currency-with-ripple-effect
http://www.cryptoarticles.com/crypto-news/2014/5/8/fluttercoin-community-driven-pr-team-first-merchant-open-for-business#
http://www.cryptoarticles.com/crypto-news/2014/5/7/fluttercoin-plans-promotional-video-android-wallet-more-languages-supported-and-pr-push
http://www.cryptoarticles.com/crypto-news/2014/5/6/fluttercoin-mandatory-client-update-proof-of-transaction-v2-announced



Developer: thekidcoin@gmail.com

1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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refer_2_me
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March 10, 2014, 03:11:14 PM
 #2

Can you explain the "Proof-of-Block" a little more? I don't get it? You can get coins when you make transactions? Or am I misunderstanding? Couldn't you just endlessly send coins to your self?

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Trigun
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March 10, 2014, 03:13:14 PM
 #3

is a new or a old coin?

Donate me :-)
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refer_2_me
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March 10, 2014, 03:16:02 PM
 #4

is a new or a old coin?

Block explorer says: "Block Count: 6698"

And block 1 (http://explorer.fluttercoin.us/block_crawler.php?block_hash=0000067e07888b041c56b4073efdf118c61e99b89bfb26a2693e9761157b1475) was mined 6 days ago.

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thekidcoin (OP)
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March 10, 2014, 03:20:57 PM
 #5

Yeah, this was announced on the other crypto talk site and also within an hour or so here by another user, this is just my first "official" thread (though I did post in the original thread)

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atleticofa
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March 10, 2014, 03:23:54 PM
 #6

is a new or a old coin?

This is the official dev thread. The no official tread it's here: https://bitcointalk.org/index.php?topic=499126


I wish good luck for the coin. Finally something new in the all altcoins world.

I'm still mining this, only 1.5 diff.
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March 10, 2014, 03:26:39 PM
 #7

CG cannot run?HuhHuhHuh?
thekidcoin (OP)
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March 10, 2014, 03:27:50 PM
 #8

Can you explain the "Proof-of-Block" a little more? I don't get it? You can get coins when you make transactions? Or am I misunderstanding? Couldn't you just endlessly send coins to your self?
You could endlessly send coins to yourself sure, but fees would eat up your funds, its based on addresses in the previous block converted to a hex format, a snippet of that address then used to search the previous block hash for matches, if there is a match the address receives part of the mining subsidy.  Its not very easy to have a match.  Because of this, there is additional checking the verifies the coinbase transactions including address, value, size etc further securing the blockchain and eliminating the possibility of disabling the functionality.

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thekidcoin (OP)
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March 10, 2014, 03:28:51 PM
 #9

CG cannot run?HuhHuhHuh?

Huh?

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refer_2_me
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March 10, 2014, 03:29:54 PM
 #10

Can you explain the "Proof-of-Block" a little more? I don't get it? You can get coins when you make transactions? Or am I misunderstanding? Couldn't you just endlessly send coins to your self?
You could endlessly send coins to yourself sure, but fees would eat up your funds, its based on addresses in the previous block converted to a hex format, a snippet of that address then used to search the previous block hash for matches, if there is a match the address receives part of the mining subsidy.  Its not very easy to have a match.  Because of this, there is additional checking the verifies the coinbase transactions including address, value, size etc further securing the blockchain and eliminating the possibility of disabling the functionality.

So how often (in blocks) would you expect there to be a match (and payout)?

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March 10, 2014, 03:33:43 PM
 #11

CG cannot run ah, the official in advance? Smiley
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March 10, 2014, 03:46:38 PM
 #12

cool. something new.  r9 target aquired
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March 10, 2014, 03:54:49 PM
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So, is this fixed? I abandoned it when it was launched before because of mislaunch....?

Or just a reannouncement only?
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March 10, 2014, 04:28:54 PM
 #14

it's fixed
thekidcoin (OP)
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March 10, 2014, 04:41:57 PM
 #15

Can you explain the "Proof-of-Block" a little more? I don't get it? You can get coins when you make transactions? Or am I misunderstanding? Couldn't you just endlessly send coins to your self?
You could endlessly send coins to yourself sure, but fees would eat up your funds, its based on addresses in the previous block converted to a hex format, a snippet of that address then used to search the previous block hash for matches, if there is a match the address receives part of the mining subsidy.  Its not very easy to have a match.  Because of this, there is additional checking the verifies the coinbase transactions including address, value, size etc further securing the blockchain and eliminating the possibility of disabling the functionality.

So how often (in blocks) would you expect there to be a match (and payout)?
If I knew that I would be a a billionaire its random... 100% you would have to know all future blockhashes and addresses make a know this. 

I've seen some paid out - one of the things i need to work on is a clear flag etc to show that one has been paid

If I remember, block 4000 was such an example of it.  You will see that the coinbase has 2 addresses with the block payment split.

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thekidcoin (OP)
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March 10, 2014, 04:43:21 PM
 #16

So, is this fixed? I abandoned it when it was launched before because of mislaunch....?

Or just a reannouncement only?
Wasn't so much a mislaunch as it was pools forking it, I've since made changes to the block time, difficulty, maturity etc.  there was at one point a guy mining it with 220 mH  - in a pool

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thekidcoin (OP)
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March 10, 2014, 05:17:18 PM
 #17

bitember pool is working again http://flt.bitember.com/index.php

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March 10, 2014, 05:46:06 PM
 #18

bitember pool is working again http://flt.bitember.com/index.php

Good job
thekidcoin (OP)
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March 10, 2014, 05:51:54 PM
 #19

Just to post what i posted in the other thread in response to a guy saying I f'ed with up (really was to do with webcoin.us's pool):

1) Anyone who runs a pool without backing up the wallet that stores all addresses has no business running a pool. 

2) The update didn't or couldn't do anything to the wallet - it updated the difficulty max adjustment, added a checkpoint, etc

3) Any errors communicating is by design - all prior release wallet communication would be dropped - there was a critical fix to prevent forking of the blockchain, there was warning for 3 days that these fixes were coming, I gave over 24 hours notice of the source and binaries (that's the shortest i could risk with the issues that were occurring), posted this information in the forums, and sent out alerts via the alert system. 

4) Should we have forked after a week? Allowing more auto forks because of irresponsible pool operators allowing 90% of the hashrate in a single pool to fork the blockchain again?

With that said, hopefully the webcoin.us guy has a backup of the corrupted wallet.

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March 10, 2014, 05:55:18 PM
 #20

Here at bitember we run backups 6 times a day, so you can rest assured your coins are safe.
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