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Author Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving  (Read 367567 times)
Collegestudent
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April 09, 2014, 01:29:42 PM
 #1981

Maybe we fork in 2 weeks to halve every 7 days for a few months ?

Change rewards to an amt that halves every week for a month.
Chnage the total cap between 200-500million mineable.
Plan a multipool.
Attempt to add to cryptsy
And there you have a coin worth 10K sats
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maxsinner
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April 09, 2014, 01:30:07 PM
 #1982

Maybe we fork in 2 weeks to halve every 7 days for a few months ?

My opinion probably does not matter as a quite infrequent visitor of this thread, but I'd say go for it. This is will also create a lot of buzz around the coin which I believe it needs. Just be prepared to ignore all the trolls and the negs.
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April 09, 2014, 01:34:25 PM
 #1983

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.
Collegestudent
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April 09, 2014, 01:48:52 PM
 #1984

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.

Start faucets and BC btw was a 7days halving pos
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April 09, 2014, 01:49:32 PM
 #1985

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.

Now it's dirt cheap buying a few million. If the price does not go up, then it will still be cheap and newcomers can get on board easily, if the price goes up... then do we really have to worry about it? Smiley
thekidcoin
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April 09, 2014, 02:36:18 PM
 #1986

I personally think 7 days is very short. There are people with millions of coins now, and newcomers will get too few coins and getting annoyed about that. Nethash may drop strongly, we dont want that. At least I dont belive you could manipulate the price with this. But who knows. Just give this great coin some time, it stands for itself. I really like how you want to make it still better but please decide wisely.

On the other hand, as an early adopter i´d like less total coins too.

They would still have a chance...

Thing is we started at 5K max reward - random rewards (500 - 5000) @ 1 minute

Then we moved to 10k max reward - random rewards (1000 - 10000) @ 2 minute blocks

Now we are at 5000 static with 2 minute blocks

Dropping to 2500 in 2 weeks isn't a bog stretch IMHO

Then dropping every week after until it levels out.


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thekidcoin
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April 09, 2014, 03:05:09 PM
 #1987

It will go something like this, but its really 5040 blocks I think per week, doesn't matter though:

50,000,000.00   5000   2 weeks
12,500,000.00   2500   1 week
6,250,000.00   1250   1 week
3,125,000.00   625   1 week
1,562,500.00   312.5   1 week
781,250.00   156.25   1 week
390,625.00   78.125   1 week
195,312.50   39.0625   1 week
5,256,000.00   20   1 year
2,628,000.00   10   1 year
1,314,000.00   5   1 year
657,000.00   2.5   1 year
328,500.00   1.25   1 year
164,250.00   0.625   1 year
85,152,437.50   future mined coins   
138,031,488.00   current mined coins   
223,183,925.50   total estimated coins   

1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
thekidcoin
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April 09, 2014, 03:12:07 PM
 #1988

Maybe the 5000 will be 10 days.  10 days is plenty to fork.

I will say this.  If I do this, this will be the last fork pertaining to the reward system.


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thekidcoin
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April 09, 2014, 03:34:32 PM
 #1989

Code:
    if (nHeight > 22000 && nHeight <= 34750)
{
nSubsidy = 5000;
return nSubsidy * COIN;
}

if (nHeight > 34750 && nHeight <= 64990)
    {
nSubsidy = 2500;

unsigned int nHeightTemp = nHeight - 34750;
nSubsidy >>= (nHeightTemp / 5040);
return nSubsidy * COIN;
}

if (nHeight > 64990)
    {
            nSubsidy = 20;

            unsigned int nHeightTemp = nHeight - 64990;
nSubsidy >>= (nHeightTemp / 262800);
return nSubsidy * COIN;
}

      return nSubsidy * COIN;

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thekidcoin
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April 09, 2014, 03:41:44 PM
 #1990

POT rewards more often (nearly every block), but that generate only say 1% of the block reward?

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thekidcoin
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April 09, 2014, 04:01:26 PM
 #1991

POT rewards more often (nearly every block), but that generate only say 1% of the block reward?
could get too tricky imho I think its fine how it is

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pille
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April 09, 2014, 04:02:18 PM
 #1992

POT rewards more often (nearly every block), but that generate only say 1% of the block reward?

how is it now? 200% every 200 blocks? remeber this "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". 1% would not be the same.

I think its fine how it is
this
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April 09, 2014, 04:19:20 PM
 #1993

POT rewards more often (nearly every block), but that generate only say 1% of the block reward?

how is it now? 200% every 200 blocks? remeber this "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". 1% would not be the same.

I think its fine how it is
this

Yeah not changing it... would lead to problems.  Its rare as it should be anywhere from 30 - 100 blocks I see it.  Depends.

That analogy though isn't the reward - just an example.  The reward is simply 50% of the POW reward.

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fedmahnkassad
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April 09, 2014, 04:58:15 PM
 #1994

Just got this from a group I'm in.

Now you can track fluttercoin prices on your iphone with this app.



source: http://coinfeedapp.com/

If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c

I like the price on Poloniex Smiley
kriegalex
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April 09, 2014, 05:06:11 PM
 #1995

Maybe the 5000 will be 10 days.  10 days is plenty to fork.

I will say this.  If I do this, this will be the last fork pertaining to the reward system.




10 days? Rewards over...

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
https://bitcointalk.org/index.php?topic=623937
Bwincoin - 100% Free POS. BLnpFK2JtPad9k7UiAe5mAxMqmyN44t7xU
pille
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April 09, 2014, 05:41:23 PM
 #1996

Just got this from a group I'm in.

Now you can track fluttercoin prices on your iphone with this app.

source: http://coinfeedapp.com/

If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c

no android no win
thekidcoin
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April 09, 2014, 06:54:27 PM
 #1997

Maybe the 5000 will be 10 days.  10 days is plenty to fork.

I will say this.  If I do this, this will be the last fork pertaining to the reward system.




10 days? Rewards over...

10 days to start the reduction process...

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thekidcoin
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April 09, 2014, 06:55:43 PM
 #1998

Think of this as what say Blackcoin did.  Mining POW for X number of blocks then POS.

Only thing is we still have POW, POS, POT


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thekidcoin
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April 09, 2014, 06:56:36 PM
 #1999

Just got this from a group I'm in.

Now you can track fluttercoin prices on your iphone with this app.



source: http://coinfeedapp.com/

If you like the app, donate fluttercoins to coinfeed at: FMToSKGpbcFWne31jKXbF9xXQMJCXfbb9c

I like the price on Poloniex Smiley

Will this work on my Motorola Flip phone from 1997?

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seattletu
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April 09, 2014, 06:56:53 PM
 #2000

I think changing the reward will either turn it into a pump and dump situation, or it will turn it into a highly successful coin. Most likely will just be dumped and ruined. I'm just gonna hold them and get PoS for years and just let it ride. I like to take bigger gambles for bigger rewards.
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