nagareteku (OP)
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January 13, 2023, 12:10:06 PM
Last edit: May 19, 2025, 05:58:30 PM by nagareteku |
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🚀 Welcome to Ferritecoin – A Proof-of-Work NetworkFEC – Scrypt ASIC Coin | No Premine | Real Utility | Long-Term DevelopmentHello Bitcointalk! We’re calling on the crypto mining community to help secure the network and take part in shaping its future. This is more than just another altcoin—Ferrite seeks to evolve into a full ecosystem. --- 🔧 Ferritecoin Core Specifications- Algorithm: Scrypt (ASIC-compatible)
- Block Time: 1 minute – chosen to balance speed and propagation reliability
- Difficulty Adjustment: Every 60 blocks (~1 hour)
- Reward: 100 FEC per block, halving every 301,107 blocks
- Max Supply: 60,221,400 FEC – aligned with Avogadro’s number scaled to atomic units twice
- Launch Policy: No premine. No dev tax. No VC funding.
--- 🔥 What’s New in 2023?✅ FEXT (Ferrite External Transaction) ProtocolEnables atomic message embedding, enhanced utility, and external integrations for real-world applications. 👉 https://ferritecoin.org/fext🌐 Difficulty Adjustment Algorithm HardforkScheduled for height 250,000 - update to Ferrite Core v3.0.0 launched mid 2023. ETA 2025. 🪜 Layer 2 UnderwayWe’re building L2 for off-chain messaging, micropayments, and faster confirmations. 🔥 What’s New in 2024?✅ FEXT Explorer now with MempoolDisplays Mempool messages, allows for FEC-1 L2 tokens. 👉 https://ferritecoin.org/fext💧 Ferrite FaucetTry Ferrite risk-free. Claim small amounts of mainnet FEC to start testing or building. 👉 https://ferritecoin.org/faucet🌐 New Web Wallet ReleasedZero-install Ferrite wallet—accessible via browser on most devices. 👉 https://ferritecoin.org/wallet🌐 New Android Wallet ReleasedSelf-custodial SPV Android wallet based off Schildbach's Bitcoin Wallet and and Dogecoin community's libdohj. 👉 https://github.com/ferritecoin/ferrite-wallet/releases🔥 What’s New in 2025?🌐 Advanced Web WalletUse FEXT to create FEC-1 tokens, and transfer them via OP_RETURN inscriptions. 👉 https://ferritecoin.org/wallet_advanced🌐 Height 250000All multipools, exchanges and >99% of nodes have since moved on to v3.0.0+ Ferrite Core first launched 2 years ago. Blocks now process at expected speed. 🌐 Height 301107First halving. 50% of all Ferritecoins mined. 💬 Join FerritecoinFerrite is community-powered and developer-friendly. We’re actively looking for: - Miners – Use your Scrypt ASICs to help decentralize the network
- Builders – Tools, bots, explorers, analytics, games, wallets—you name it
- Early Adopters – Get involved while it’s still early
--- 📥 Get Started📦 Releases: 👉 https://github.com/ferritecoin/ferrite-core/releases👉 https://github.com/koh-gt/ferrite-core/releases🛠️ Source Code: 👉 https://github.com/ferritecoin/ferrite-core👉 https://github.com/koh-gt/ferrite-core⛏️ Mining Pools: 👉 https://miningpoolstats.stream/ferrite🔎 Block Explorer: 👉 https://explorer.ferritecoin.org🌍 Website: 👉 https://ferritecoin.org💬 Socials: 👉 Telegram: t.me/ferrite_core👉 Twitter/X: x.com/ferritecoin👉 Telegram: https://discord.gg/XSDGW9x43--- Edit log: Jan 13, 2023 Aug 3, 2023 Sep 6, 2023 Jan 10, 2024 July 23, 2024 May 20, 2025
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miner29
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January 13, 2023, 02:26:23 PM |
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More hot garbage with a premine. What worthless garbage is being hoisted on us lately.
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nagareteku (OP)
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January 13, 2023, 03:30:14 PM |
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More hot garbage with a premine. What worthless garbage is being hoisted on us lately.
Indeed, the coin is worthless for now. To be fair I think a 0.1% effective premine of 53700 is next to nothing given that the total supply is 60 million with 5 million dirculating. Unless you run miners at a loss/for heating it might not be worth it. |
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fmz89
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January 14, 2023, 08:48:31 AM |
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More hot garbage with a premine. What worthless garbage is being hoisted on us lately.
Well thats normal when miner so desperately trying to use their farm, creating coin with premine, just like 2015 again, i’m happy this mining section more activity than ghost town lol, there is someone will mine to for hobbies, like people in dessert ghost town  |
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anmining
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February 16, 2023, 03:27:39 PM |
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Hellow.
Can you check what suceed with mining in FEC. I have two L3++ mining FEC.
Miners begin to mine and after 10 or 15 minutes, miners don´t stop mining, but hasrate in pool go to 0 about 10 or 15 minutes, after this time hashrate in pools is normal again, other 10 or 15 minutes and down to 0 .....
Mi miners console hashrate is always beetwen 800 Mhs and 1200 MHs, but in pool hashrate is beetwen 0 Mhs and 1200 Mhs. The median is about half of total hashrate.
Pools report me all is ok and problem is with blockchain.
Are you stopping with maintenance tasks?
Why this erratic work?
Where is my miners hashrate in this downtimes?
Suceed me in at least two pools I probe, only with FEC, other scripts coins work with full hashrate in the same pools where FEC mining fail.
I have screenshots, but no contact way in website coin.
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nagareteku (OP)
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February 17, 2023, 04:56:26 PM |
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I think you should contact nikolett in the telegram group t.me/ferrite_core or at the discord. It is possible that your own pool share difficulty is too low/the hashrate graph is reporting an inaccurate hashrate. If you are getting more than 100 blocks a day with your hashrate currently I think all is well. nikolett — Yesterday at 16:02
Unstable hashrate can be a result of setting too low/high of a share difficulty for your pool. For Scrypt the share difficulty should be multiplied by 65536 - for 1 GH/s you might want to set share difficulty to about 250k-500k
nikolett — Yesterday at 23:56
Do consider your pool latency as well, 1000ms of latency can reduce your block generation success slightly since 2s / 60s is about 3.3% of the average block time. Your latency should far lower if you port forward 9574, so that your node can relay any valid blocks to the network through fewer nodes.
These days networks have been getting much faster, broadcast latency should be on the order of at most tens of milliseconds.
For me I mine in one of the pools from https://miningpoolstats.stream/ferrite |
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nagareteku (OP)
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March 31, 2023, 09:04:10 AM |
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Listed on Xeggex, might be worth a very risky speculation on low-cap coins. Current price: $0.000175 Market capitalisation: $2,162 Supply: 12,353,400 (20.5%) https://xeggex.com/market/FEC_USDTThis is not financial advice, nothing in crypto is guaranteed except risk. |
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nagareteku (OP)
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August 03, 2023, 07:57:38 PM |
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An update Current price: $0.001978 Market capitalisation: $29,592 Supply: 15,062,700 (25.0%) https://xeggex.com/market/FEC_USDTThere's an upcoming hard fork at 250k because of the difficulty algo, latest version is v3.1.0. Currently watching https://t.me/ferrite_core |
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i-luv-nmc
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August 07, 2023, 08:16:44 PM |
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Coin generation: Ferrite claims to have no premine. This is inaccurate. Ferrite coin has an effective [57,800 premined coins (578 blocks)](https://github.com/koh-gt/ferrite-core/blob/ferrite-main/src/chainparams.cpp). This significant premine may be considered unfairly mined, since coins will no premine are considered by the community to be more fair. It is explained that a large stash of premined coins will allow the developers to pay for bounties or events. It is claimed that the premine is to confirm the validity of the genesis block, as well as the difficulty readjustment.
> Dango Mango $FNNC (Will Not DM First): I saw a post on Bitcointalk.org about how there was a small premine of sorts > Dango Mango $FNNC (Will Not DM First): I would be curious about what you think of this, do you mind if I send you the post? > Dango Mango $FNNC (Will Not DM First): Also, this is a real listing for FEC right? https://xeggex.com/market/FEC_USDT> Dango Mango $FNNC (Will Not DM First): https://bitcointalk.org/index.php?topic=5434601.0> nikolett: I think I read about the article from nagareteku. At the start there were few miners, to get the chain moving I had to solo mine about 500+ blocks worth almost 50k FEC (0.1% total supply of 60.22m) I recently had a conversation with Nikolett concerning the suspected premine matter, and she revealed that they've burnt not just the entire early mine, but all coins mined by her (there are like 800k coins burnt in the FerriteBurnxxxx from what I have seen in the explorer) When I asked why about the reasons behind this move, she shared an intriguing perspective: "In the decentralized world of cryptocurrency, ultimate control rests with those who relinquish it willingly." It's quite an interesting take on things, don't you think? I find it doubtful that anyone would burn their entire stash, can anyone verify? I have everything to fear about, there are so many scams from medical AI to memes. |
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Eddyc
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August 10, 2023, 12:51:54 AM |
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Dyor
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nagareteku (OP)
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January 10, 2024, 12:04:19 PM |
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nagareteku (OP)
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July 23, 2024, 08:49:46 PM |
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nagareteku (OP)
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May 19, 2025, 06:02:56 PM |
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JeromeTash
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Heisenberg
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May 21, 2025, 02:26:45 PM |
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Wrong board to have such an announcement. This board is purely for alternate currency discussion. I am not sure how the moderators missed this after those couple of years. This should be in announcement (altcoins) board. Let me see what mods can do.
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