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

[unamis76]

Are the folks on the multipool actually mining anything? There's no way to see it afaik...

well theres a "getting started" guide in the site hiden somewhere , i pointed my worker according  to the guide and it started showing me "accepted" blocks . i got the accepted beta testing email but could not wait anymore

I did get the email too, and I thought this was going to be for beta testers only... Well, I guess I'll just point my miner there, don't wanna miss the action. Hope I'm not wasting my hashes away

[FryguyUK]

Pointed my 10mh at it for now, they did register that domain if that quells some of the 'scam' anxiety.

I pin it to them being busy putting the last touches on it like they said hopefully soon we'll see a full stat page etc

I'd recommend not to mine yet if you didn't receive the e-mail unless they've said / will say otherwise.

[unamis76]

There's a lot of people mining for a pool that we don't even know if it's ready to mine on, and if it will payout or not...

Gotta have faith on Flutter

[thekidcoin]

Its legit LOL and its not testnet - if it were the addresses wouldn't start with F

I think they are working on the stats page...  Not sure

[unamis76]

Its legit LOL and its not testnet - if it were the addresses wouldn't start with F

I think they are working on the stats page...  Not sure

Thanks for the feedback. I'll keep on mining

[YoyodyneSystems]

Is there any summary on how PoT works?

There's a whitepaper on  www.fluttercoin.us that covers it.  It's very short.

A less technical 'how', and more of a 'why' explanation given in this thread on or two pages back:

Proof of Transaction serves the same beneficial function that mining does: it secures the blockchain by confirming transactions. Except instead of rewarding an energy-wasting and rapidly centralizing arms race between miners solving useless busywork calculations, it rewards the actual end users of the coin for doing a useful service that they naturally would do anyway, which is spending it.   Mining serves well its purpose to bootstrap the coin but like training wheels on a bicycle, once the coin matures and gets used heavily, mining starts to cause more problems than it solves as seen by the enormous cost of running the Bitcoin network as well as its tendency for mining to become centralized over time. All workarounds, such as ASIC resistance, which still preserve the role of mining as the only securing proof system, only serve to delay the problem. They do not attempt to fundamentally solve it in the way that a PoT/PoS coin maturity life cycle (such as the one Flutter has created) does.

We get more new coins in our wallet holding them AND sending them. PoS and PoT. Makes it superior to any ordinary PoS coin.

[Gunther]

Its legit LOL and its not testnet - if it were the addresses wouldn't start with F

I think they are working on the stats page...  Not sure

Thanks for the feedback. I'll keep on mining

Wait, did you receive information about workers and such? I received an email that i was one of - the chosen ones - who could participate in the beta, but still waiting for more info.

[unamis76]

Its legit LOL and its not testnet - if it were the addresses wouldn't start with F

I think they are working on the stats page...  Not sure

Thanks for the feedback. I'll keep on mining

Wait, did you receive information about workers and such? I received an email that i was one of - the chosen ones - who could participate in the beta, but still waiting for more info.

I did not receive any more info, but as you can see the pool is open for everyone, after all.

[Gunther]

Oh, so much for a closed beta.

[unamis76]

Oh, so much for a closed beta.

Exactly But better this way, everyone can hop in, take part, and test the pool. The more people, the better!

[FryguyUK]

Benefit of doubt, miscommunication. Can you get back to us Kidcoin asap if people invited should mine only or if anyone can point their rigs at it. Cheers.

[unamis76]

Benefit of doubt, miscommunication. Can you get back to us Kidcoin asap if people invited should mine only or if anyone can point their rigs at it. Cheers.

The instructions are there for anyone to see... So yeah, anyone can point his miner there, i guess.

[thekidcoin]

Benefit of doubt, miscommunication. Can you get back to us Kidcoin asap if people invited should mine only or if anyone can point their rigs at it. Cheers.

I myself don't know...  I am not personally running the pool.

[FryguyUK]

My new logo submission



Just kidding guys found it and couldn't resist posting cracks me up.

[thekidcoin]

lol

[Gunther]

Benefit of doubt, miscommunication. Can you get back to us Kidcoin asap if people invited should mine only or if anyone can point their rigs at it. Cheers.

I myself don't know...  I am not personally running the pool.

Would be nice of you to check things out. People are waiting for this multipool today.

[FryguyUK]

http://imgur.com/DetY4Ll

[halinyo]

If I see the multipool is coming into play officially, I will directly buy  all sell walls up to 2.5k satoshi no doubt!
Multipool and PoT are just outside of the box! Amazing. This coin is next one to hit BC target. Do you remember those times BC were around 700 satoshi while i was holding a great amount of it. It is time for FLT.

[mikeymillie]

http://imgur.com/DetY4Ll

Feel free to drop in and join our GRID!

[FryguyUK]

If I see the multipool is coming into play officially, I will directly buy  all sell walls up to 25k satoshi no doubt!
Multipool and PoT are just outside of the box! Amazing. This coin is next one to hit BC target. Do you remember those times BC were around 700 satoshi while i was holding a great amount of it. It is time for FLT.

Heh do you mean 2.5K sat? Would be a little bit godly if 25K happened suddenly. I only know of one special cat who can do something like that.