[ANN][FAUC] NEW CONCEPT___10% to be mined -_-_FaucetCOIN_-_- 90% for the faucets

[faucetcoin]

http://i58.tinypic.com/29xy9ev.png
Faucetcoin
Want to trade but cannot mine? Don't mine, just come and get it!

100 000 000 coins max

Faucetcoin is created to change the usual way of distribution of coins, to make it more trader-friendly. Everyone can get a bit, and there's no need to ask someone to give it to you or to buy special devices for mining. All you have to do is just go to the faucet page, enter your Wallet Address and push the button! Almost all coins will be freely distributed through the faucets (1% reserved for bounties and giveaways), however 10% of the coin will be given to miners as a usual block reward. The rest of mining is going to be made for transaction fees.

Transaction fees are 0,030

Faucets limit: about 180 000 coins a day total

Source (github):
http://github.com/faucetcoin/faucetcoin.git

Windows Wallet:
https://drive.google.com/file/d/0B1GbcTtXi0UbVF9UTllWM2lXcXc/edit?usp=sharing


Mac Wallet:
https://mega.co.nz/#!kcEQBagS!2jk3VPEbI3Zm-QA14JosGb-_hzV8Y7K8GwJd39ECkNw

Faucets:
http://faucetcoin.altcoinfaucet.net/
http://cryptocoinfaucet.appspot.com/?id=FAUC

PLEASE, PM ME IF YOU WANT TO SET UP A FAUCET

Exchange:
https://coinaccel.com/#market/15
https://www.swaphole.com/

Exchange vote:

https://www.mintpal.com/voting

Specifications:
100 000 000 coins total
Algo: scrypt
Block time: 60 seconds
Retarget: every 10 minutes
Transaction: 3 confirmations
RPC port 9939
P2P port 9949


Block reward:
1000 FAUC

Website:
To be updated

Twitter:
http://twitter.com/faucetcoin

BlockChain Explorer:
Coming soon

Pools:
http://pool.fusioncoin.org/faucet/
https://fauc.minr.es/index.php

Sample faucetcoin.conf:
rpcuser=yourlogin
rpcpassword=yourpassword
rpcallowip=*
rpcport=9939
addnode=107.170.39.224
daemon=1
server=1
listen=1

Happy trading!

[1715167006]

1715167006

[1715167006]

1715167006

[1715167006]

1715167006

[Painful Truth]

This one should have a very broad distribution. Many many users with a few coins only.

Team up with some big altcoin faucets! 

[Amph]

"free coin for everyone" are the coins of the future, no more energy wasted

[WayToGo]

Another interesting distribution experiment.
Will be watching this space.
Good luck

[faucetcoin]

Another interesting distribution experiment.
Will be watching this space.
Good luck

Thanks!

[Cryptosapiens]

Probably the best distribution scheme ever .... congratulations!

I would increase a little the miners share, 5 or 10% more, other than that looking good!

[faucetcoin]

Probably the best distribution scheme ever .... congratulations!

I would increase a little the miners share, 5 or 10% more, other than that looking good!

Thanks! Why would you increase the miners share?

[Cryptosapiens]

You want to keep hashrate on the coin to prevent 51% attacks and  keep transactions moving, maybe 10% is enough, but i would be on the safe side.
See what happened with FairCoin, no one was mining (no rewards) got attacked twice.

[faucetcoin]

You want to keep hashrate on the coin to prevent 51% attacks and  keep transactions moving, maybe 10% is enough, but i would be on the safe side.
See what happened with FairCoin, no one was mining (no rewards) got attacked twice.

I see, thanks. Tx fee will be 0.01, a bit higher than the usual fee, we did it for miners.

[gustav]

this could be something

[faucetcoin]

You want to keep hashrate on the coin to prevent 51% attacks and  keep transactions moving, maybe 10% is enough, but i would be on the safe side.
See what happened with FairCoin, no one was mining (no rewards) got attacked twice.

I see, thanks. Tx fee will be 0.01, a bit higher than the usual fee, we did it for miners.

And so, we decided to inrease Tx fee, it's gonna be 0.03 )

[precrime3]

Looks interesting. Seems like the most "fair" way for everyone is give majority to people, but set some percentage for miners and then they just mine for tx fees. Lets see how faucet coin goes

[RealMiner]

Nice innovative concept, i'm in.

[faucetcoin]

Thanks, I hope there will be a couple of pools at launch as well

[bitsheva]

new concept, looks good

[faucetcoin]

Guys i've just found another coin that uses short name FEC and that coin is older. So we have new short name, let's call it FAUC, hope you like it 

[Joshuar]

This is actually pretty interesting. Nice concept there OP.

[faucetcoin]

Thanks, we try to make everyone glad But we found that we need some more time to finish the work. The coin will be launched 09 of april. Sorry for the delay.

[schoschi12]

How is the faucet going to work?

[wladcasnow]

and ?