[ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving

[seattletu]

kidcoin if POB rewards were being hit too often, and people were able to make extra coins simply from constantly sending transactions, would you be able to easily adjust how often POB hits?

[d34g13]

i tryed sending back and forth, but at some point i got my transaction rejected and i was happy that i managed to get my coins back... go ahead if you like

[seattletu]

lol, nice

[thekidcoin]

kidcoin if POB rewards were being hit too often, and people were able to make extra coins simply from constantly sending transactions, would you be able to easily adjust how often POB hits?

Yeah, its very very easy to change the difficulty...

[cloudminers]

wow, it looks like the coin got some attention netmhashps : 1119.72800204.

I will open re-open registrations on the pool when the nethashps rises further.

[organizer]

i can not Withdrawals my flt form the pool :http://pool.webcoin.us/flt

You should not mine there. It's a very crappy pool.

This was the only stable pool at the begining and I get quite a lot of amount of FLT, but admin corrupt wallet after update, so all coins are lost.

oh,my god ,how can i Contact the pool

Don't believe that contacting pool will help, because official explanation is that wallet is corrupted and there is no backup. It also may be that admin just stole all coins and lie about all thing, but I have luck that left only 1000 coins at their pool.

shit, i have 200k flt at their pool.

That's shitty =$ I had 22k still to withdraw but atleast i got the majority of it out the day before.

Yeah, that is one shit pool, I still "have" coins there, but I posted an IRC log a couple days ago. Coins are gone, they clearly didn't have wallet backups. Please spread the word on how bad they are... plus they tried to bash FLT as a coin going "nowhere" lol.....

[organizer]

kidcoin if POB rewards were being hit too often, and people were able to make extra coins simply from constantly sending transactions, would you be able to easily adjust how often POB hits?

Yeah, its very very easy to change the difficulty...

Congrats Kid, keep up the good work, a good day for FLT supporters!

[thekidcoin]

Proove of Block ftw

Nice!

What stops someone from setting up two wallets and just bouncing a transaction back and forth to create infinite money? With his 4k he can now break that down into 8 tx's of 500, increasing his chances by 8x.

You can't create infinite money, its not easy to find a match, not possible way to ever manipulate a match, and sometimes of there is a match, but the block or preceding block is POS, there is no reward.

If the blockchain was being spammed with people just trying to manipulate the system, its very simple to change the parameters with an mandatory update that drops prior versions to increase the difficulty.

Matter of fact this is one of the ideas I am kicking around.   I can also add in routines that check x previous blocks for address matches in each subsequent block eliminating the possibility.  But at the present rate I see these rewards happening, there is no need.

[thekidcoin]

i can not Withdrawals my flt form the pool :http://pool.webcoin.us/flt

You should not mine there. It's a very crappy pool.

This was the only stable pool at the begining and I get quite a lot of amount of FLT, but admin corrupt wallet after update, so all coins are lost.

oh,my god ,how can i Contact the pool

Don't believe that contacting pool will help, because official explanation is that wallet is corrupted and there is no backup. It also may be that admin just stole all coins and lie about all thing, but I have luck that left only 1000 coins at their pool.

shit, i have 200k flt at their pool.

That's shitty =$ I had 22k still to withdraw but atleast i got the majority of it out the day before.

Yeah, that is one shit pool, I still "have" coins there, but I posted an IRC log a couple days ago. Coins are gone, they clearly didn't have wallet backups. Please spread the word on how bad they are... plus they tried to bash FLT as a coin going "nowhere" lol.....

I for a time thought he just kept the wallet to himself LOL but then why bash the coin?  But when he said "why would I back up the wallet, its the server's wallet" I knew clearly he hasn't managed servers of any kind for a living LOL.  I get anxiety when backups aren't working

[thekidcoin]

wow, it looks like the coin got some attention netmhashps : 1119.72800204.

I will open re-open registrations on the pool when the nethashps rises further.

Wow thats insane how high its risen... thankfully it adjusts per block LOL

[bmgbmg]

It looks like the Scrypt Asics made it into the pools.

[verdun2003]

20:02:32 yesterday

{
"blocks" : 9719,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 5.30756725,
"proof-of-stake" : 0.00024414,
"search-interval" : 0
},
"blockvalue" : 7170000000,
"netmhashps" : 237.45653908,
"netstakeweight" : -1.#IND0000,
"errors" : "Stake miner suspended due to locked wallet.",
"pooledtx" : 0,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"stakeinterest" : 1000000,
"testnet" : false
}

[niothor]

Interesting hybrid.
Something really new coming out of the herd of copycats this month.

But I still need time to make up it out how this thing really works  

[organizer]

Interesting hybrid.
Something really new coming out of the herd of copycats this month.

But I still need time to make up it out how this thing really works  

It's got POW (mining), POS (mining aged coins through your wallet), plus POB (which you can think of as random credit card rewards points, do a transaction and you might get some bonus points)

[niothor]

Interesting hybrid.
Something really new coming out of the herd of copycats this month.

But I still need time to make up it out how this thing really works  

It's got POW (mining), POS (mining aged coins through your wallet), plus POB (which you can think of as random credit card rewards points, do a transaction and you might get some bonus points)

Yeah , I got that , but right now i'm just doing the pre shopping on new coins
I need to digest that in silent over a cup of coffee to see if it really worth (from my point of view) to jump in.
It took me 3 months for Bitcoin , I should do it in 3 hours now for this coin.

[cris1987]

wtb, send pm

[organizer]

Hmmm, something wrong here? The 2 big pools stuck at >500% on the current round?

[Mightymoo]

Hmmm, something wrong here? The 2 big pools stuck at >500% on the current round?

Few blocks do this I've noticed. Will take a while to find the block the it will return to normal finding speed.

[d34g13]

yep, nothing broken, just normal reduction of mined coins ;P

[tic-tac-totoro]

Hmmm, something wrong here? The 2 big pools stuck at >500% on the current round?

You mean 1000%+