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Author Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving  (Read 368014 times)
seattletu
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March 15, 2014, 06:10:15 AM
 #201

nice job! how awesome would it be if flutter became popular on twitter!? like actually used between twitter accounts. sort of like how doge is popular on reddit. i could see it catching on, the concept is the same with the bird and the butterfly, plus the names sound similar.
fedmahnkassad
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March 15, 2014, 06:20:30 AM
Last edit: April 11, 2014, 06:47:22 AM by fedmahnkassad
 #202

Will somebody please send me some coins to play with?

I still can't understand how the "proof of block" works.
seattletu
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March 15, 2014, 06:40:43 AM
 #203

how did that work? was that from solo mining or was it from pool mining? from the proof of block post i mean.
d34g13
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March 15, 2014, 06:42:27 AM
 #204

im pool mining
Trujillo
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March 15, 2014, 06:43:16 AM
 #205

Will somebody please send me some coins to play with?  FK7AkEoLQvcj6DZ7axmeTKyKLcuXFt5Eto

I still can't understand how the "proof of block" works.

Sent you 501 FLC to play with Smiley What exactly about PoB did you not understand? Essentially it randomly awards 2x coins for those who conduct transactions of 500+ FLC. This creates a ripple effect in the economy and promotes coin usage.
seattletu
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March 15, 2014, 06:47:11 AM
 #206

Will somebody please send me some coins to play with?  FK7AkEoLQvcj6DZ7axmeTKyKLcuXFt5Eto

I still can't understand how the "proof of block" works.

Sent you 501 FLC to play with Smiley What exactly about PoB did you not understand? Essentially it randomly awards 2x coins for those who conduct transactions of 500+ FLC. This creates a ripple effect in the economy and promotes coin usage.

do you know the % chance of getting your transaction doubled?

and how does it work for mining?
seattletu
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March 15, 2014, 06:48:31 AM
 #207

unless each time you get some coins sent to you from mining, that's considered a chance at getting a proof of block reward?  in that case, everyone should set their payout to 501 Smiley
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March 15, 2014, 06:48:51 AM
 #208

Will somebody please send me some coins to play with?  FK7AkEoLQvcj6DZ7axmeTKyKLcuXFt5Eto

I still can't understand how the "proof of block" works.

Just sent you some coins. ( http://explorer.fluttercoin.us/block_crawler.php?transaction=ce7af03db48be2051c7d0c306db068375b0f0f019798e1bc36bf809cac53381c-000 )
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March 15, 2014, 06:54:20 AM
 #209

good
seattletu
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March 15, 2014, 07:06:56 AM
 #210

are u sure it's 500 coins minimum?
Winky
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March 15, 2014, 07:07:07 AM
 #211

What´s this? Why is the transaction offline?

Trujillo
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March 15, 2014, 07:11:55 AM
 #212

are u sure it's 500 coins minimum?

The % chance of you minting through PoB is random. But yes there is a 500 coin minimum transaction size
seattletu
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March 15, 2014, 07:19:52 AM
 #213

that's weird winky. you broke the whole coin!  Grin
fedmahnkassad
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March 15, 2014, 07:21:13 AM
 #214

Will somebody please send me some coins to play with?  FK7AkEoLQvcj6DZ7axmeTKyKLcuXFt5Eto

I still can't understand how the "proof of block" works.

Sent you 501 FLC to play with Smiley What exactly about PoB did you not understand? Essentially it randomly awards 2x coins for those who conduct transactions of 500+ FLC. This creates a ripple effect in the economy and promotes coin usage.

Thanks a lot, mate. So what is the exact chance of the 2x happening is not known?
d34g13
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March 15, 2014, 07:28:42 AM
 #215

well my payouts are set to 1000 FLT... so the mined 4400 FLT is more like 4x considering that most transactions are usually 1000-1500FLT when set to that payoutlimit Smiley
burningzoul
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March 15, 2014, 08:16:48 AM
 #216

Will somebody please send me some coins to play with?  FK7AkEoLQvcj6DZ7axmeTKyKLcuXFt5Eto

I still can't understand how the "proof of block" works.

Sent you 501 FLC to play with Smiley What exactly about PoB did you not understand? Essentially it randomly awards 2x coins for those who conduct transactions of 500+ FLC. This creates a ripple effect in the economy and promotes coin usage.

Thanks a lot, mate. So what is the exact chance of the 2x happening is not known?


From my understandings: It is not a set 2x value. It is not used with a multiplier of the transaction. if you send 501coins you can get 1000 , 2000, 999, 3000, it is dependend on the last block reward, and it is rare and based on luck, if you send 1000 transactions of 501 flutters back and forth from 2 wallets the chances of getting a POB are still very low, also it doesn`t happen only when you send coin, also when you receive, for example you are getting nonstop payouts from a pool but you didnt send any coins, you still have a chance to catch the POB generated just because of receiving coins,cannot find an exploit until now...will see what the future brings, and what the magical crypto fairy will bring to this coin:)
thekidcoin (OP)
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March 15, 2014, 08:18:39 AM
 #217

Will somebody please send me some coins to play with?  FK7AkEoLQvcj6DZ7axmeTKyKLcuXFt5Eto

I still can't understand how the "proof of block" works.

Sent you 501 FLC to play with Smiley What exactly about PoB did you not understand? Essentially it randomly awards 2x coins for those who conduct transactions of 500+ FLC. This creates a ripple effect in the economy and promotes coin usage.

Thanks a lot, mate. So what is the exact chance of the 2x happening is not known?


From my understandings: It is not a set 2x value. It is not used with a multiplier of the transaction. if you send 501coins you can get 1000 , 2000, 999, 3000, it is dependend on the last block reward, and it is rare and based on luck, if you send 1000 transactions of 501 flutters back and forth from 2 wallets the chances of getting a POB are still very low, also it doesn`t happen only when you send coin, also when you receive, for example you are getting nonstop payouts from a pool but you didnt send any coins, you still have a chance to catch the POB generated just because of receiving coins,cannot find an exploit until now...will see what the future brings, and what the magical crypto fairy will bring to this coin:)

you are correct...

1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
Winky
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March 15, 2014, 08:19:16 AM
 #218

Fluttercoin will be added to bter.com soon.
thekidcoin (OP)
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March 15, 2014, 08:20:32 AM
 #219

Kidcoin/Dev we really will need really active involvement from you for this coin to be a success

Active involvement?  LOL I'm on here all the time, just working on a bunch of stuff for the coin...  

1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
burningzoul
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March 15, 2014, 08:39:17 AM
 #220

Fluttercoin will be added to bter.com soon.

Affirmation based on...what?
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