deamon
Full Member
 Offline
Activity: 168
Merit: 100
yes!?
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April 25, 2014, 08:01:55 PM |
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for the "older" ones of us: Legends Never Die!  FLT aka the good old fairlight |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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jvdp
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April 25, 2014, 08:21:26 PM |
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FLT Community Press Release Project
Everyone here already knows the benefits of FlutterCoin so I won’t list them all. However, in the press release I want to point out FlutterCoin is not an ordinary cryptocurrency, It is more…
FlutterCoin is a Scrypt Proof-of-Work/Proof-of-Stake hybrid, with a twist : there is also something called Proof-of-Transaction (PoT) mining. This does mean you can earn FlutterCoins through any of the three aforementioned methods..
I am going to schedule the release in April 25th. Once the press release is live the community can start posting links to the release everywhere we can.
I am going to use my own money to pay the writer and the press release distribution service. The writer charges approximately $80 depending on how many words, and the press release service charges $499+ to distribute to financial websites including Yahoo! Finance, Bloomberg, and the Wall Street Journal to name a few.
If you guys want to contribute and help with the cost you can send contributions here: F6ackpdyFV76U23bUdgCMRVy4J636Ccmq9
Is this still going to happen? |
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alkaint
Newbie
Offline
Activity: 47
Merit: 0
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April 25, 2014, 08:22:51 PM |
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failed attempts to drop the coin price with all that dumps , a new hands in the scene for new price  , good times ahead |
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mikeymillie
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April 25, 2014, 09:11:15 PM |
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for the "older" ones of us: Legends Never Die! FLT aka the good old fairlight the demoscene crew? if so, WIN  or do you mean the Fairlight CMI? still, WIN |
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bluewhackadoo
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April 25, 2014, 09:15:03 PM |
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what about flt mutipool???
Never got a response back from my email request to be added to the beta testing, any updates on this? Still a go for Saturday? Would like to see the stats from the beta even if I am not an active participant. |
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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April 25, 2014, 09:45:02 PM |
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FLT is one of the top coins for a stable floor in the whole game. Also there are 32 wallets with over 1 million coins and those people don't sell. I remember when the Twitter account for FLT had only about 50 followers just a month or so ago. https://twitter.com/fluttercoinLook now ^^^^ over 1,000. It's one of those coins you can count on like DOGE to always make a show and it's still just getting it's legs. PoW Mining is nearly coming to an end and the next weekly block halving is tonight. |
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mikeymillie
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April 25, 2014, 09:52:38 PM |
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FLT is one of the top coins for a stable floor in the whole game. Also there are 32 wallets with over 1 million coins and those people don't sell. I remember when the Twitter account for FLT had only about 50 followers just a month or so ago. https://twitter.com/fluttercoinLook now ^^^^ over 1,000. It's one of those coins you can count on like DOGE to always make a show and it's still just getting it's legs. PoW Mining is nearly coming to an end in the days to come and the next weekly block halving is tonight. Minor clarification (I made this same mistake myself) - the PoW phase doesn't actually end, though the era of large block rewards certainly does. The code as it is now has a final reward payout of 20 FLT - though I am not sure how this fits in with the apparent eternal halving that still happens after the kickstart PoW slope levels off. 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 <- almost over, currently at block 39,479 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 (so does it go to 10, then 5, then 2.5, etc? ) |
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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April 25, 2014, 09:56:21 PM |
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FLT is one of the top coins for a stable floor in the whole game. Also there are 32 wallets with over 1 million coins and those people don't sell. I remember when the Twitter account for FLT had only about 50 followers just a month or so ago. https://twitter.com/fluttercoinLook now ^^^^ over 1,000. It's one of those coins you can count on like DOGE to always make a show and it's still just getting it's legs. PoW Mining is nearly coming to an end in the days to come and the next weekly block halving is tonight. Minor clarification (I made this same mistake myself) - the PoW phase doesn't actually end, though the era of large block rewards certainly does. The code as it is now has a final reward payout of 20 FLT - though I am not sure how this fits in with the apparent eternal halving that still happens after the kickstart PoW slope levels off. Sure but 20 coins per day is for all intents and purposes the end of PoW mining in a matter of weeks. It's like 0.4% of the original reward. The coin would have to be 200x it's value now to be worth mining. But you never know we could hit a 200M market cap  within a few years. |
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Wh1teKn1ght
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April 25, 2014, 10:10:02 PM |
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has the PoS stage started yet?
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alphaminer21
Newbie
Offline
Activity: 43
Merit: 0
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April 25, 2014, 10:21:09 PM |
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has the PoS stage started yet?
Yes, you need to hold it in your wallet for atleast 30 days and unlock your wallet for the coins to start staking. |
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mikeymillie
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April 25, 2014, 10:21:57 PM |
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has the PoS stage started yet?
It started from day 1, the PoW phase doesn't end and the PoS begins - they both work side by side, though PoW's contribution gets smaller and smaller. Same goes for the Proof of Transaction phase - it's already in effect and gradually takes over more and more of the mining reward shares until the two systems are about even with each other and with PoS. thekidcoin, please correct me if I got that wrong, I am extrapolating from what I understand is happening now into a future stable state scenario of the network. |
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mikeymillie
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April 25, 2014, 10:26:15 PM |
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FLT is one of the top coins for a stable floor in the whole game. Also there are 32 wallets with over 1 million coins and those people don't sell. I remember when the Twitter account for FLT had only about 50 followers just a month or so ago. https://twitter.com/fluttercoinLook now ^^^^ over 1,000. It's one of those coins you can count on like DOGE to always make a show and it's still just getting it's legs. PoW Mining is nearly coming to an end in the days to come and the next weekly block halving is tonight. Minor clarification (I made this same mistake myself) - the PoW phase doesn't actually end, though the era of large block rewards certainly does. The code as it is now has a final reward payout of 20 FLT - though I am not sure how this fits in with the apparent eternal halving that still happens after the kickstart PoW slope levels off. Sure but 20 coins per day is for all intents and purposes the end of PoW mining in a matter of weeks. It's like 0.4% of the original reward. The coin would have to be 200x it's value now to be worth mining. But you never know we could hit a 200M market cap within a few years. lol yeah I suppose I am being 'technically correct' here but the big picture view is that yes, PoW mining does become heavily disincentivized compared to PoS and PoT once the reward is down to the last few short term halvings. If the PoT 500 FLT limit doesn't get adjusted (reduced) by then, I expect that we'll have a mostly PoS-driven model until we start getting merchant connectivity onboard with a partner like moolah.ch. |
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Gunther
Legendary
Offline
Activity: 840
Merit: 1000
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April 25, 2014, 10:35:51 PM |
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Can you give us a time for the multipool launch? Can't wait to point my miners towards it!
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Trujillo
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April 25, 2014, 11:04:27 PM |
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Can you give us a time for the multipool launch? Can't wait to point my miners towards it!
Do not have an exact time set for tomorrow yet. I'm in the process of contacting those who've been selected right now. Will have further information soon. Also, the Fluttercoin Twitter Tip Bot is almost complete. The project was paid for by fluttercoinbounty.com. If you are interested in donating to see future projects funded please visit the site. We are in need of more bounty postings as well, so if you have anything you'd like to see created this is the place to go. |
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unamis76
Legendary
Offline
Activity: 1512
Merit: 1005
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April 25, 2014, 11:05:14 PM |
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Can you give us a time for the multipool launch? Can't wait to point my miners towards it!
Do not have an exact time set for tomorrow yet. I'm in the process of contacting those who've been selected right now. Will have further information soon. Also, the Fluttercoin Twitter Tip Bot is almost complete. The project was paid for by fluttercoinbounty.com. If you are interested in donating to see future projects funded please visit the site. We are in need of more bounty postings as well, so if you have anything you'd like to see created this is the place to go. Good news! Waiting for a response. And the Tip Bot is an awesome plus, thanks! |
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ofeefee
Legendary
Offline
Activity: 1023
Merit: 1001
Tokenize Fantasy Sports
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April 25, 2014, 11:37:09 PM |
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Almost filled up, I should make top100 this weekend if price stays low!
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bluewhackadoo
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April 26, 2014, 12:35:39 AM |
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Hello,
You have been chosen to participate in the Fluttercoin Multipool beta! Our team appreciates you reaching out to us to get involved and we look forward to working together. Official details of the multipool will be released tomorrow and sent to you via email.
Thanks,
Fluttercoin Team
No, thank you Fluttercoin Team. Planning to build another 6 card system tonight for the beta debut.
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lounge
Member
Offline
Activity: 107
Merit: 10
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April 26, 2014, 01:03:12 AM |
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Hello,
You have been chosen to participate in the Fluttercoin Multipool beta! Our team appreciates you reaching out to us to get involved and we look forward to working together. Official details of the multipool will be released tomorrow and sent to you via email.
Thanks,
Fluttercoin Team
No, thank you Fluttercoin Team. Planning to build another 6 card system tonight for the beta debut.
Cool. |
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YoyodyneSystems
Legendary
Offline
Activity: 1386
Merit: 1023
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April 26, 2014, 03:19:04 AM |
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So here we go on the price trend. Let the whale take us up. Don't hold him back. Hold your coins.
Block halving in a matter of hours. 75% less coins than initial reward. Much easier to rise tomorrow
with the block reward going to 1250 coins (was 5000 just 8 days ago).
Should see a nice steady healthy rise to some degree through the weekend.
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