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

[Halofire]

idk yet, reading in between everything else i'm doing. have work 2moro (today, now 3am here) and poker so I can't do much. i think all i need are a server, domain, ddos protection like cloudflare, and modified pool and auto-coin-profitability binaries. Need to find binaries on how to pay out. i have an idea: if i can import 24 hour miner data between from the actual mining pool to the FLT mining pool paying out, I can withdraw the mined coins, sell them for FLT, and deposit them into the FLT mining pool to pay miners. I have no clue if it works like that, or if there's an easier way. wallets being hacked i'm not worried about, keep them locked until i'm ready to withdraw or payout, the beauty of one payout per day. At least I have an idea now and thinking about it, gonna tinker as soon as I can. Even if someone else makes a multipool by the time (if) I can get one running, we are still ahead.

[YoyodyneSystems]

Here it is from the updated OP then on upcoming reward halvings :

------------------------------

SPECIFICATIONS

    There is no maximum number of coins, though roughly 224 million coins will be produced through POW

BLOCK REWARDS

    Block 22001 - 34750: Static reward 5000 - now
    Block 34751 - 39791: Static reward 2500 - 8 days from now
    Block 39792 - 44832: Static reward 1250 - 15 days
    Block 44833 - 49873: Static reward 625 - 22 days
    Block 49874 - 54914: Static reward 312.50 - 29 days
    Block 54915 - 59955: Static reward 156.25 - 36 days
    Block 59956 - 64996: Static reward 78.125 - 43 days
    Block 64997 - 70037: Static reward 39.0625 - 50 days
    Block 70038 - 332838: static reward 20 - 57 days from now
------------------------------

So the current block is 28861.
http://explorer.fluttercoin.us/

There are 5,890 blocks to go till there will be half as many coins being mined.
Then 5,040 block after that it will be halved again.

7 days = 5,040 blocks

So in 8 days this coin will have half as many coins to mine and 7 days after that half again and so on.
Prepare for some serious increase in value.

There are currently     143,303,967 coins according to :
http://flutterchain.us/

There are only about 81 million coins left to mine for PoW and reward halving about every 7 days.
Better get your mining on massively.

[maxsinner]

If I understand this correctly, reduced hashing power will not jeopardize the security of the block-chain, since PoS has already kicked in? So basically if some miners drop after the reward is reduced, we should not really care?

[seattletu]

If I understand this correctly, reduced hashing power will not jeopardize the security of the block-chain, since PoS has already kicked in? So basically if some miners drop after the reward is reduced, we should not really care?

i think so. i read over the PoS white paper, it seems like it's just as secure as PoW. I kind of skimmed it though.

i didn't see anything about stake weight. still not sure exactly how the PoS minting works. i think you get a maximum of 5% per year, absolute max. so if you have a million coins, and you dont send them at all, after 1 year you would have 1 million and 50,000 coins. not sure how the 1 month and 3 month plays into it.

[scryptographer]

If I understand this correctly, reduced hashing power will not jeopardize the security of the block-chain, since PoS has already kicked in? So basically if some miners drop after the reward is reduced, we should not really care?

i think so. i read over the PoS white paper, it seems like it's just as secure as PoW. I kind of skimmed it though.

i didn't see anything about stake weight. still not sure exactly how the PoS minting works. i think you get a maximum of 5% per year, absolute max. so if you have a million coins, and you dont send them at all, after 1 year you would have 1 million and 50,000 coins. not sure how the 1 month and 3 month plays into it.

Unless the source code has changed 5% is the minimum amount earned per year. Maximum is 100% depending on stake difficulty.

percentage is variable depending upon the Stake ready coins on the network. It starts out at 100% yearly and decreases based on the stake difficulty.
100% NVCS = 100% / (StakeDiff ^ 1/4)

[seattletu]

basically it was our fluttercoin, which was the first coin to not rely on exchanges. You could openly trade bitcoin / litecoin on our wallets. LOL. the idea basically was based on P.O.T. but there was an exchange infrastructure which was funded by all the transactions going back and forth from all the flutter users. I don't quite remember the details but I thought it was a fun dream. haha

did you just finish telling us your dream story, from like 10 pages ago? lol

[Djinou94]

Multipool start or not?

[Trujillo]

New binaries available! please if you can notify the pools and exchanges that you frequent - I will be in DC until Sunday night - will have limited resources.

Addresses bleedheart, changes reward structure, and add new features to the wallet

Windows
Zip https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip
GPG Sig https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.sha256

Linux
Tar https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar
GPG https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.sha256

Posted all this info on the twitter and will contact the exchanges on there as well. Appreciate the hard work Kidcoin. Have a few things I've been working on myself with the main project being to acquire a payment processor. I talked to a lot of people about Fluttercoin at the Inside Bitcoins Conference in NYC this past week a received a ton of positive feedback. Even Nic Carey, CEO OF blockchain.info, was intrigued by our coins concept. Our community has been making strides recently and I look forward to continuing this with all of you.

[maxsinner]

New binaries available! please if you can notify the pools and exchanges that you frequent - I will be in DC until Sunday night - will have limited resources.

Addresses bleedheart, changes reward structure, and add new features to the wallet

Windows
Zip https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip
GPG Sig https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.sha256

Linux
Tar https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar
GPG https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.sha256

Posted all this info on the twitter and will contact the exchanges on there as well. Appreciate the hard work Kidcoin. Have a few things I've been working on myself with the main project being to acquire a payment processor. I talked to a lot of people about Fluttercoin at the Inside Bitcoins Conference in NYC this past week a received a ton of positive feedback. Even Nic Carey, CEO OF blockchain.info, was intrigued by our coins concept. Our community has been making strides recently and I look forward to continuing this with all of you.

This is indeed one of the better crypto-communities that I have come across. I am stocking on flutter as well and will be buying around 200k more when I come back from work if the price is still < 200 sats. I am following a lot of coins but I have to say that at the moment I really can't find a potentially higher RoI with such a low risk.

I'd like to follow you on twitter. What is the handle if you don't mind?

[seattletu]

@fluttercoin or @fluttercoins I can't remember which one Trujillo has

[seattletu]

Who plans on buying before the reward drops in 7 days? And how many do you plan on buying?

[pille]

Here, but fiat to btc takes so long-.- hope price stays cool... You have enough haven't you?

[Trujillo]

New binaries available! please if you can notify the pools and exchanges that you frequent - I will be in DC until Sunday night - will have limited resources.

Addresses bleedheart, changes reward structure, and add new features to the wallet

Windows
Zip https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip
GPG Sig https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.sha256

Linux
Tar https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar
GPG https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.sha256

Posted all this info on the twitter and will contact the exchanges on there as well. Appreciate the hard work Kidcoin. Have a few things I've been working on myself with the main project being to acquire a payment processor. I talked to a lot of people about Fluttercoin at the Inside Bitcoins Conference in NYC this past week a received a ton of positive feedback. Even Nic Carey, CEO OF blockchain.info, was intrigued by our coins concept. Our community has been making strides recently and I look forward to continuing this with all of you.

This is indeed one of the better crypto-communities that I have come across. I am stocking on flutter as well and will be buying around 200k more when I come back from work if the price is still < 200 sats. I am following a lot of coins but I have to say that at the moment I really can't find a potentially higher RoI with such a low risk.

I'd like to follow you on twitter. What is the handle if you don't mind?

The official twitter is @fluttercoin. Thank you for your kind words about our community, we are glad to have you as a part of it! I look forward to working with all of  you to help Fluttercoin realize all the potential it has. It won't be an easy task by any means but with dedication I am confident we will make it happen.

[seattletu]

Here, but fiat to btc takes so long-.- hope price stays cool... You have enough haven't you?

Yeah 1 cubic butt-ton but I want more.

[cloudminers]

I updated our pool, don't worry about the new layout. The pool works the same.
I also updated the wallet and fixed the links to the block and tx info.

Please let me know, if you guys have any requests about the miningpool.

http://flt.cloudminers.net

[Cohle]

New binaries available! please if you can notify the pools and exchanges that you frequent - I will be in DC until Sunday night - will have limited resources.

Addresses bleedheart, changes reward structure, and add new features to the wallet

Windows
Zip https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip
GPG Sig https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-windows.zip.sha256

Linux
Tar https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar
GPG https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.asc
SHA256SUM https://github.com/thekidcoin/fluttercoin/releases/download/v0.4.5.5-flt/fluttercoin-0.4.5.5-linux.tar.sha256

Posted all this info on the twitter and will contact the exchanges on there as well. Appreciate the hard work Kidcoin. Have a few things I've been working on myself with the main project being to acquire a payment processor. I talked to a lot of people about Fluttercoin at the Inside Bitcoins Conference in NYC this past week a received a ton of positive feedback. Even Nic Carey, CEO OF blockchain.info, was intrigued by our coins concept. Our community has been making strides recently and I look forward to continuing this with all of you.

That's awesome.

We need to get word out about what's brewing here.

[TitaniumPlays]

Hey do we know whether or not the reward structure will be halved? I hear it is but has kidcoin confirmed this? If so when is it scheduled to do so?

[YoyodyneSystems]

Hey do we know whether or not the reward structure will be halved? I hear it is but has kidcoin confirmed this? If so when is it scheduled to do so?

Yes it's already confirmed not only in the OP updated reward structure but several times in the last few pages.

The coin will become exponentially more rare over time. Now everyone can focus on the coin's features
and promotion as it increases in value.

7 days....

[pille]

Hey do we know whether or not the reward structure will be halved? I hear it is but has kidcoin confirmed this? If so when is it scheduled to do so?

Startpost is updated with the new block reward informations.

[seattletu]

price is still pretty low, considering coins will be much more rare soon. i think people simply don't know about the coin. the reality is once i found fluttercoin, i stopped reading about other coins. i think there are plenty of people that are backing their particular coin, and just don't know what else is out there. i'm hoping a crazy price increase will get people's attention, but i don't know.

coins are almost like sports teams, people just start backing them and put blinders on for other coins.