[ANN] FedoraCoin (TiPS); New style, new services, same unique features

[id10tothe9]

Is there any chance the maximum number of coins will be reduced?

that was discussed some time ago. wasn't done. too late now.

anyone knows who is this guy: theking7426

https://bitcointalk.org/index.php?topic=415633.0

did he vanish?

man what unbelievable amount of BS in that thread...

so at this stage my question is: who's bagholding 270B tips? are there 300+ bagholders? is it so distributed that really no one has no incentive to do anything? who else has any interest in saving this coin?

let's count us: anyone holding more than 3B raises his hand! I know it's like asking "all the stupid in the room raise their hand", but everybody makes mistakes. everybody who bought this thing made a huge mistake. but what's done is done, we have to see if there's any chance to resuscitate it. also everybody with more than 10B raises both hands.

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ps mac wallet doesn't work in the fedoraco.in page. link broken.

I have less than one billion but would very much like to increase it to become a TIPS billionaire , I would sure do that now if I see we still have a future here!
But It's a great idea to understand the coin distribution and contact the big stake holders to help out. Can somebody knowledgable somehow look at the blockchain and see how many key hold several billion TIPS?

ps. I do have the mac wallet installed and it was working last I checked (2-3 weeks ago), not sure where I downloaded it from though. I can check for more info if you want.

[1714032073]

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[id10tothe9]

First of all, we shall learn what is the dev plan according to the TIPS. Maybe he plans to continue the work with community, maybe he plans to abandom "ship" and he is ready to deliver us all the keys to coin resources or ... he just has no time and interst  to be involved in the TIPS project anymore and he has no plans to pass control over the coin development to anyone, including community. These are fundamental questions and dev answers will allow all of us to say what community can do next.

got reply again from icanprogram, he is currently away and has bad internet connection, will know soon I hope if he can manage to have a text based chat with us or when he's coming back. From what I understood he is still on board and would like to get all the help he needs, but as I said he had little incentive till now since he has a small stake in it. hopefully we will get all the questions answered soon and we can move on to the next step

[id10tothe9]

Current list of ideas that need discussion so far (https://docs.google.com/document/d/1sqgSHOhRRNgteoZE9w9dDwtKmTPdzzhCjGtElZClKSE/edit?usp=sharing):

- Changing the name to TIPS, get rid of the fedora, have a new logo and one coin representative: http://coinbrief.net/coin-brief-coin-representatives/
(Arbitrageur)
- Using TIPS in a Poker app with social features for network effect
(Arbitrageur)
- large stake holders of TIPS please get more involved! (mouseman)
  Maybe we should contact them and establish maybe some kind of consensus on a percentage the owners of TIPS could donate to a development fund.
- Seeing as there were rumours (I don't know how true) that XC was initially based on a fork from Fedoracoin, is there stuff from XC that TIPS could employ or learn from to create a better implementation of anonymity/privacy than currently exists in TIPS? (treasureSeeker)
- for devs to look at cloakcoin concept of mixing service, might be something that can be implemented in our current mixing service: https://bitcointalk.org/index.php?topic=637704.0
- TIPS forum format: do you like the general BCT format, or look at these new kinds they could be better: http://cloaktalk.org/. we need feedback from icanprogram about the current status of the old forum and decide whether we need to create a new one.

[thiec]

Please update the POOL

• PCFiL Fedora - 1.5% fee >> ??
• Chicken Strips - 0.5% fee  >> NOW 1%
• Coin-Pool Fedora - 1% fee >> Last time i have checked is 2%
• Multipool.us - 1.5% fee >> Multipool OK
• CryptoPool - 1% fee >> Change to V2 => https://www.cryptopoolmining.com/v2/tips/index.php?page=login
• Pool Enterprises - 2% fee >> OFFLINE
• CoinKing - 1% fee >> Multipool OK

[id10tothe9]

OK GUYS WE HAVE A MEETING!
icanprogram can be there tomorrow Sunday, we still need to define the time. those of you who want to join (please try, the more the merrier ) write your time zone and when you can be available so that we can find an optimal date. I asked the same of ican and I guess we will have to orient ourselves after him if he has a short time window since his internet connection is problematic, I'll tell you as soon as I know.

[id10tothe9]

ok, we'll be talking sometime tonight. I realize it's been a short term notification and most of you haven't seen this yet. but I guess I will talk to him anyway and hope that some of you can join us, it's better than no body talking at all and I hope we can arrange more such meetings whenever possible. I'll let you know when we're online or as soon as I know the time.

[vir6]

6 months later, still talking about changing the name and logo... poor guys 

you refused to reduce the total number of coins, now you face the reality.

be ready to trade under 1 litoshi soon.

[Fargusson]

Please update the POOL

• PCFiL Fedora - 1.5% fee >> ??
• Chicken Strips - 0.5% fee  >> NOW 1%
• Coin-Pool Fedora - 1% fee >> Last time i have checked is 2%
• Multipool.us - 1.5% fee >> Multipool OK
• CryptoPool - 1% fee >> Change to V2 => https://www.cryptopoolmining.com/v2/tips/index.php?page=login
• Pool Enterprises - 2% fee >> OFFLINE
• CoinKing - 1% fee >> Multipool OK

I'll do the changes right away.

ok, we'll be talking sometime tonight. I realize it's been a short term notification and most of you haven't seen this yet. but I guess I will talk to him anyway and hope that some of you can join us, it's better than no body talking at all and I hope we can arrange more such meetings whenever possible. I'll let you know when we're online or as soon as I know the time.

Unfortunately I won't be able to be there.


More generally, as some of you (who are lurking on Reddit) may know, as I got less and less time too manage Fedoracoin's social threads, I'll be gradually leaving my position on the Fedoracoin team until July 31st.

It has been a pleasure to deal with you all guys. I'm glad to see that you always have much new ideas to formulate and projects to create.

I wish you, and Fedoracoin, all the luck.

[id10tothe9]

join us on IRC now if you can!
https://kiwiirc.com/client/irc.freenode.net/#TIPS

[id10tothe9]

ok, got some good news but too tired now. will put my suggestions in a draft and suggest it here to see what you think. hope we can pull this together!

[id10tothe9]

ok guys, so I talked to icanprogram yesterday for like 1.5 hours and it was a good talk.
As said before, he has no stake in TIPS but poured a lot of time and effort into it because he liked it. The other devs are not really there.

Of the previous devs there is invisible who developed the mixing nodes last thing around April I think, and he was the creator of this coin. I will try (or icanprogram) to contact him and see his position and if he wants to get on board again cuz he seems like a really good developer. icanprogram is also good I believe, he understands the code and the mixing nodes and has walked somebody through doing it from scratch, so I think he's got good abilities and still has passion for this coin. but he does not want to be in a leading position, and if his time spent on developing is not compensated for then he can't be doing a lot here which I think is totally understandable and I think those who do work must get rewarded for that and we need to discuss this as a community. So we need new developers, and we can have icanprogram on board and will see about invisible. don't know about the rest, we have to look into it and maybe discuss if we want them at all since they kinda abandoned this project already and we need somebody who can do a better job.

icanprogram has the keys to almost everything, meaning:
- logins for all social media accounts for Fedoracoin, including BCT
- Fargusson was managing them but now he is leaving end of July
- fedoraco.in, so the official site and the files subdomain where we host the bnaries
- push access to the github repositories for the fedoracoin source and for the fedoraco.in wbesite source, but he can't grant people access. (we can probably get the keys from invisible, or let the development go through icanprogram which he is willing to do)
- the mixing node
- he doesn't have the private key that allows new nodes to join the network But we could change that key in the source , meaning that in effect, we can control it
- he also doesn't have the source for the mixing nodes themselve, but it's relatively straightforward (he talked someone through developing a new version from scratch before)

he will be back in a week and we can have other meetings with more of you guys to make our plans.

so with that we can basically have total control of the code and everything, and eventually we could get the github total access key from invisible, and at least we can still do anything we want and only need icanprogram to ok the modifications. and he is very willing to do so. he already put a lot of time into this coin, that's why he didn't want to leave it and would still help out. but without getting rewarded he cannot put a lot of his time into it. Which anyway makes sense and I think we would all agree that those who are contributing should get rewarded somehow.

So I suggested that we find a solution to that, and find a way that he and other devs gets rewarded, either through a developer fund, or getting rewarded by bounties for each task, or somehow get a big stake, and also to create businesses with TIPS which is something for all of us because all of us can take up rolls in projects and businesses, from investing to programming to media, and I like this prospect the most. But I also think we have to find a way to reward developers anyway if we want TIPS to succeed right? and I don't think it should be difficult to do, let's discuss this here as a community.

So that's the state of the matter, and in conclusion we have everything in our hands now. Now the question is what do we do next! I think we have a great chance here, to reorganize and do everything right. I'm trying now to write down a draft of how things can be done and how to organize. You can see everything I write on gdrive on the link I supplied and also help me there by editing and commenting, and I will make a post when I'm finished. let me know what you think and I hope we can get somewhere interesting with this!

Cheers!

ps. current organizing structure I'm thinking of: https://docs.google.com/document/d/1hjMKsUJiJWFflqW_b5NSRknD3Xqf6gvMcsOHWRAZ8TM/edit?usp=sharing
pps. entire public folder of TIPS I told you about: https://drive.google.com/folderview?id=0ByUR6Uf-4r_2aF9Tb0xmQ2VaekE&usp=sharing

[icanprogram]

...
or let the development go through icanprogram which he is willing to do
...

Just to clarify, this means that people that want to add features can fork the repository, and I can accept changes into the main codebase.
Practically the same as if I could grant other people access, but it means that I have to 'sign off' on all code before it makes its way into the main codebase.

[Senator51]

Thanks id10tothe9 and icanprogram for your time devoted to community. Now, most of things seem to be clear. That is the time the community has to react and answer what next - whether we have the power to act or surrender. I'll share my suggestions very soon. Anyway this is the best time to try to create something new so all in our hands :-)

[id10tothe9]

thanks senator51, awesome to have you on board and waiting for your suggestions!
small thing I wanted to say, thoughts that dawned upon me while taking a walk and thinking about ripple , they had actually a great concept and started with opencoin first which was before bitcoin even, but then had to reinvent themselves and use blockchain technology. now with so many other things coming online like NXT etc, they are again in a position where they need to reinvent themselves but even without a lot of effort what they have is still pretty good, and a new kind of bank in Germany called Fidorbank is going to integrate ripple. so at this point, it's a matter of reaching out to the potential customers and getting those gates integrated and spread in the world in order for the network to do it's job which would be pretty amazing for the banks for example and this is like the hugest industry in money transfer business. so I guess what I'm saying is even with so much competition from other coins, they still can have their chance if they do it right.
I think we are in a similar position with TIPS. We are no longer on the cutting edge of this technology, almost everyday new things are coming out but we are still not that far behind. We can continue developing and evolving and that would be fine, plus what we have to offer is still pretty darn good.

What does a customer want? Almost all potential customers, while all this crazy stuff is going on, still haven't heard of cryptocurrency! If I'd go to a customer, and give him/her a working solution to the problems they have, and I offer pretty darn good service, they would surely be happy and pretty satisfied. customers are lazy, that's why it takes them a while to catch up. they need the companies to market to them, and create services, and offer them a service doing all the job for them for the cheapest possible fee. then they are hooked and honestly wouldn't care if they used bitcoin or TIPS as long as we offer them smooth operation and all the benefits they could get.

So I'm thinking we need to define the goals and markets we want to target. eg. the bonus points that shop owners offer to their customers, ie. gather 10 stamps and you'll get a free haircut, or free sandwich etc. all of them are using that but they are not interchangeable and almost nobody wants to carry 10 cards and stamp cards in their wallets. so this is one of the markets we could target. or take tipping waiters etc, if we go there and give them a good working solution I'm sure they would be sold on it. There are more ideas that we can discuss soon, but I wanted to share these thoughts with you and see what you think..

Also what do you think about the stuff I posted so far on gdrive? I still need some time to finish it, so now I'll kick back now and await your ideas and suggestions and let's see how alive we still are/could become! I'm thinking back to our glorious days where we hit 120lit, and I'm thinking the coming era is going to be legend.. waaaait for iiit... DARY!! gonna be fucking LEGENDARY 

[Senator51]

I totally agree with the id10tothe9 observations. What now seems to be important in "cryptoworld", going on in the area of blockchain applications (e.g. Ripple, Ethereum etc). These works very soon will lead to a new framework for crypto economy (I am afraid, the "cryptonetworks" will become also a gateway for banks and corporations to preserve their dominant role in a new financial market but this is beyond the scope of the discussion). Therefore, the question arises of the future of cryptocurrency. As id10tothe9 wrote, customers are not interested in what currency (cryptocurrency) is in use but rather how much they possess, what they can buy for it, and how a payment system is simple in everyday use  - customers are lazy and waits for the best market offer. Unfortunatelly, no dev team, no single crypto community have the power and resources to "change the word". Most of people will use TIPs (or any other crypto) if the prices in TIPs are lower then in flat - can we achieve this ? - I doubt. Most of people wiil use crypto credit card, live wallets or any smartfon application if they do not need first to care of exchange among many cryptos and crypto-flat, care of security etc. - can we achieve this ? - once again I doubt (maybe Ripple or its competitors will resolve that, maybe something like ANX debit card will be worldwide solution).
On the other hand, blockchain technology offers a lot more features then any flat but these features must have a direct result of the characteristics of the supported services. Let's look at what is happening now. Currently most of developments manifest themself as a race in the area of value (coin) transaction feature, mostly anonymous based. But question is ..... where is the ecosystem for these transactions, what for I need all new black/dark/veri-coins features if there is no REAL cryptoeconomy around them. Should I be afraid when purchasing graphics card, pay a taxi driver,  tip a waiter etc.  and therefore expect fully anonymous transactions ? OK, privacy can be useful in a number of services but not all. First, one shoud define the service (ecosystem) and then, the blockchain (coin, system) feature supporting that service. My feeling is that everything is now ... upside down ;-)
What does this mean for TIPs and our community ? We should concentrate on the sentence, which Id10tothe9 wrote "So I'm thinking we need to define the goals and markets we want to target." That is the point ! We shall ask - when and what for people will need TIPs, what service can use TIPs as a "bloodstream" and the last, fundamental question - whether such a service can bring potentially gain for devs and investors.
If we find such a niche (such a service) than devs (e.g icanprogram and others) help to create a service system, investors (people who invest their TIPs) deliver the "blood" for the functioning of a system. All of involved persons will have shares, everyone will have a share in the eventual failure or success of the project ;-). The devs receive shares (interest) due to their know-how contribution, investors due to their finansial contribution (in TIPs). IMO, it is some new aproach in the "cryptoworld" - devs will have profits ( i think, it is consistent with the icanprogram point of view ), coin holders will have a choice among holding (stacking), speculation and INVESTMENT.
Profits from the service will create value of shares (at least, I hope so). Then we can think about next step, next our innovation ..... the shares market . Maybe then, we will start to investigate how to collaborate with the NXT or any other distributed network/blockchain solution. But ... this time we need to agree on the choice of service and start its development and soon after advertising. I will share my further suggestion as always, it means, very soon ;-)  Any feedback is welcome ... I feel that we have little time to be the first :-)

[id10tothe9]

awesome thoughts and ideas dear Senator51, creating shares and dividends via projects we build together is I think a very good way to go, and in this fertile new world we have and will have a lots of option such that everything is possible even if we currently don't have these features built in. I will also think about this a little more and I hope in the coming days we will be able to put all our thoughts together and slowly see a clearer picture and the way to go
But yah also as you said, now is the time to go guys!! gimmi your thoughts!

[Triffin]

Here's my 2 cents or 2 TIPS !!

What do we already have ??

1) A coin mixing service ( just needs transaction volume ) that provides a level of anonymity ..
2) A large number of coins ( too large ?? )
3) The symbol TIPS
4) w/fedoracoin payments system https://pay.withfedoraco.in/

Let's keep it simple ..

We should emphasize TIPS for 'tips' and 'tipping'
We need a mobile app for 'tipping' TIPS in bars/clubs/restaurants etc
We need a web TIPS button that content providers can add to their web pages to receive
TIPS as payment for product or as a 'tip' ( think micro payment ) for useful content or
as appreciation for content ..

These things cost time and money .. both in short supply !!

Triff ..

 

[georgem]

so I heard you guys would be interested in me creating GIFs in exchange for donations?

I don't know TiPS yet, but I am certainly open for new ideas and new coins.

I will create a GIF and install a wallet and come back to you guys.

[id10tothe9]

welcome georgem! I'm glad you followed my invitation 
as you see we are trying to get the community organized and mobilized to start taking action and hopefully take our coin to the next level, so we need creative people like you!
We will probably concentrate on making our coin the coin of choice in specific markets, such as tipping in restaurants and bars, or in chat rooms etc.
I hope you like what you see, and I hope you stick around help us with gifs some time soon!

[georgem]

welcome georgem! I'm glad you followed my invitation 
as you see we are trying to get the community organized and mobilized to start taking action and hopefully take our coin to the next level, so we need creative people like you!
We will probably concentrate on making our coin the coin of choice in specific markets, such as tipping in restaurants and bars, or in chat rooms etc.
I hope you like what you see, and I hope you stick around help us with gifs some time soon!

Nice, I like the website design very much, and love "the hat"... I am sure I can do some GIFs surrounding "the hat"...

I have a TiPS address now, any donations are welcome: EdKnPpH5V8rg6PRwaWSQ2zk4gSCN5sULc1