[ANN] FTS Coin launched 2/2020

[ProjectFTS]

Nice concept to create biometric base wallet, may we know about your team?

Thank you, we strongly believe the unique ability to generate wallet addresses directly from the blockchain using biometric data algos and hardware, thus ensuring a person can NEVER forget or lose their wallet seed without the use of centralization, will be a much needed innovation to the currently available options.

Our team is largely comprised of the same ppl that bring the community Project FTS
I'm the owner/lead dev of Project FTS; Jeremy

Our core team consists largely of contractors; 3 coders collaborating internationally, 3 graphics artists, 2 translators, 2 call center workers, a video editor, a data scraper and a security expert. This team of amazing helpers were already in place for FTSMaps.com and ProjectFTS.org though, and we are excited to turn this open source privacy coin over to the public From this point forward anyone that would like to get involved is more than welcome to, including but not limited to coin improvements, site improvements, graphic improvements or running nodes!

[ProjectFTS]

can you give coin specs please?

Sure

-25,000,000 total coin supply
-8% premine to be used toward coin development and growth
-100 year distribution time
-roughly 90 second blocks
-average current reward 1.37 FTS/Block
-asic resistant POW cryptonight algo
-later generation cryptonote fork privacy coin

[matejbilahora]

Is this gpu or cpu mining coin? I have not found that info. Already 2,011,719FTS mined, with such speed the 25 mil will be mined soon.

Both the web site and section 3 of the white paper mention our pre-mine, and more importantly how it is to be used/distributed. Of the 25,000,000 FTS Coin released 2,000,000 or 8% was managed into a pre-mine to support further development and growth for the coin. Hope this helps with the confusion

Thank you for the response, but after 7hr mining only 4fts in the wallet? Not worth to mine this coin.

[ProjectFTS]

Is this gpu or cpu mining coin? I have not found that info. Already 2,011,719FTS mined, with such speed the 25 mil will be mined soon.

Both the web site and section 3 of the white paper mention our pre-mine, and more importantly how it is to be used/distributed. Of the 25,000,000 FTS Coin released 2,000,000 or 8% was managed into a pre-mine to support further development and growth for the coin. Hope this helps with the confusion

Thank you for the response, but after 7hr mining only 4fts in the wallet? Not worth to mine this coin.

Everyones allowed an opinion, though I feel this one makes no sense. I don't understand how a coin easily dumping rewards on people increases value? That hurts value if anything. A lot of people are mining FTS, therefore the competition for acquisition is high, which means the electricity put in for POW is higher, leading to a greater value. That's basic economics, supply vs demand.

[ProjectFTS]

For folks that had been asking about a pool, one of the FTS discord members got one set up already
http://fts.pool.work:8000/

[apqqaaa]

fts mining pool http://fts.pool.work:8000/
download srbminer1.9.3
run.bat:
SRBMiner-CN.exe --ccryptonighttype turtle --cpool fts.pool.work:3113 --cwallet fts1ZkJfU7Yif6BLECiXhSX6RDZaGfNgqST3rWeUhRhgi6ephMTm7NtVhLr2Q1qao7J6MxUhLpZn57T CrsNYuF8L47ng27yF5M

cpu discord:https://discord.gg/xyHCk2

[ProjectFTS]

  FTS Coin is listed on https://cratex.io now  
FTS/BTC
FTS/DOGE
FTS/BTCZ
FTS/LTC

Thank you for all the support!

[NidhiEgyCC]

FTS Coin is listed on https://cratex.io now  
FTS/BTC
FTS/DOGE
FTS/BTCZ
FTS/LTC

Thank you for all the support!

It's a great news that FTS got listed, hopefully in coming days it'll be listed on more exchange.

[Bappy.crypto7]

FTS Coin is listed on https://cratex.io now  
FTS/BTC
FTS/DOGE
FTS/BTCZ
FTS/LTC

Thank you for all the support!

What is the initial price? It'll be available on BTC-FTS spot?

[ProjectFTS]

What about miner condition and speed per transaction in your blockchain?

Mining is asic resistant but for folks running GPUs we have a community developed pool available at http://fts.pool.work:8000

The current block reward is roughly 1.37 FTS with a block time of a little bit over 90 seconds

[ProjectFTS]

We have a mobile wallet pending approval on the Play store, Getjar and Aptoide. So in the near future android users will be able to grab an FTS Coin wallet for their phone

[Daniko7]

[ProjectFTS]

Our Mobile App just launched today on the google play store
https://play.google.com/store/apps/details?id=com.ftsvault

[aevitbkk]

What about mining requirement can anyone explain it

[xqfekqhh]

Our Mobile App just launched today on the google play store
https://play.google.com/store/apps/details?id=com.ftsvault

Awesome, what about IOS users ?

[hhkumamrc]

Is there any restriction to use FTS ?

[ProjectFTS]

Is there any restriction to use FTS ?

No not at all, open source and available to anyone as long as local laws don't restrict it

[ProjectFTS]

What about mining requirement can anyone explain it

I would recommend GPUs at this point, we have some pool options as well with good guides on our website. http://ftscoin.xyz/pools 
 

[ProjectFTS]

Our Mobile App just launched today on the google play store
https://play.google.com/store/apps/details?id=com.ftsvault

Awesome, what about IOS users ?

Code is already done for our IOS mobile app, we're waiting for the person that was going to spin it up into the final app file for us to get back from a family emergency though. So hopefully within the week, but maybe 2

[ProjectFTS]

Nice concept to create biometric base wallet, may we know about your team?

We have some info/contact info for our team up on our updated web page now http://ftscoin.xyz
We also added a basic paper wallet generator (new better one already in the works) and lists of nodes and pools people have access to.