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Author Topic: [FCN] Fantomcoin. CN based, anonymous. Merge mine with BCN, XMR, QCN, duck.  (Read 126087 times)
BreakingBAD
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July 07, 2014, 08:25:49 PM
 #901

Today I realized that the creation of Fantomcoin is the best breakthrough in 2014 thanks to merged mining. It allows to use resources effectively and as miner I like to use this feature.

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c789
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July 08, 2014, 03:58:34 AM
 #902

Is there any development going on for this coin?
Yes, this coin is in active development. I'm not one of them, nor do I speak for them, but I've been a fan since the first week and I've kept up with what's going on. Another developer was added around a month ago and that's usually a very good sign.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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July 08, 2014, 07:54:15 AM
 #903

Is there any development going on for this coin?
Yes, this coin is in active development. I'm not one of them, nor do I speak for them, but I've been a fan since the first week and I've kept up with what's going on. Another developer was added around a month ago and that's usually a very good sign.

I didn't even know that another developer  was added. It sounds really promising
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July 08, 2014, 08:15:50 AM
 #904

Do I understand right?
If someone wants to hack Fantomcoin, he needs to attack all CN-based coins (with which it is mined in the blockchains). It increases the Fantomcoin safety.
Zickafa
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July 08, 2014, 08:19:54 AM
 #905

Do I understand right?
If someone wants to hack Fantomcoin, he needs to attack all CN-based coins (with which it is mined in the blockchains). It increases the Fantomcoin safety.



Yes, you are right.
Merged mining provides protection against attacks from scammers by 51%
NoDreamsWatching
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July 08, 2014, 08:25:12 AM
 #906

Do I understand right?
If someone wants to hack Fantomcoin, he needs to attack all CN-based coins (with which it is mined in the blockchains). It increases the Fantomcoin safety.



Yes, you are right.
Merged mining provides protection against attacks from scammers by 51%



When you MM two types of coins, your contributions are diversified. Thus you reduce the risks of hacking and  risks of falling exchange rate
Lyomon86
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July 08, 2014, 08:29:10 AM
 #907


Guys, I'm sure, I already bored you. But let's vote!


After takeoff last week the price of FCN has increased by almost 50%.  It's profitable to each of us Wink
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July 08, 2014, 08:36:43 AM
 #908

Is it true that developed for the Fantomcoin SoloMiner is the first GUI-miner for all CryptoNote coins?

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July 08, 2014, 08:40:48 AM
 #909


Guys, I'm sure, I already bored you. But let's vote!


After takeoff last week the price of FCN has increased by almost 50%.  It's profitable to each of us Wink



Where did you get the information about the 50% price increase?

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GVanelly
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July 08, 2014, 08:41:40 AM
 #910

Is it true that developed for the Fantomcoin SoloMiner is the first GUI-miner for all CryptoNote coins?

Yes, development of  SoloMiner is a contribution to the development of all CryptoNote coins. Therefore Fantomcoin plays an important role in the development of alternative cryptocurrencies

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July 08, 2014, 10:41:31 AM
 #911

24-hour Volume: 0.06410263 BTC / 979.51261754 FCN

0.45 btc of support

No sign of the dev team since a month

Should we declare this coin dead already?
djarot
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July 08, 2014, 10:56:01 AM
 #912

I'm very curious about potential for merge mining, though I don't hold fcn right now... what's been people's experienced with it and what kind of return could be expected from merged? there is a lot of raving about the concept but i can't myself imagine or find ideas of numbers..
firedoner
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July 08, 2014, 01:03:19 PM
 #913

we are on the delisting list on bittrex...........

what new developments are going on with the coin?? should be at least where quazarcoin is
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July 08, 2014, 02:25:31 PM
 #914

24-hour Volume: 0.06410263 BTC / 979.51261754 FCN

0.45 btc of support

No sign of the dev team since a month

Should we declare this coin dead already?

Incorrect. It has been less than a week since one of the devs (Bitcoinbear) posted. Besides, devs are best left to do what devs do best: developing the software (FCN). I'd rather have a dev doing than that spending a large amount of time here.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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July 08, 2014, 02:34:06 PM
 #915

I'm very curious about potential for merge mining, though I don't hold fcn right now... what's been people's experienced with it and what kind of return could be expected from merged? there is a lot of raving about the concept but i can't myself imagine or find ideas of numbers..


Merged mining (solo mining for 2 coins at once) gives you the exact same rate of return for Coin A if you mine Coin A and Coin B together (or B and A). There is no loss in processing power for merged mining. If you can mine Coin A with 100h, then you can merge mine Coin A and Coin B both at 100h each.

FCN is the first cryptonote coin to implement merged mining, but the concept has been around. Namecoin can be merge mined with Bitcoin, for example. That's been going on for at least 20 months.  

For more on MM, see http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-work

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
djarot
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July 09, 2014, 08:16:37 AM
 #916

I'm very curious about potential for merge mining, though I don't hold fcn right now... what's been people's experienced with it and what kind of return could be expected from merged? there is a lot of raving about the concept but i can't myself imagine or find ideas of numbers..


Merged mining (solo mining for 2 coins at once) gives you the exact same rate of return for Coin A if you mine Coin A and Coin B together (or B and A). There is no loss in processing power for merged mining. If you can mine Coin A with 100h, then you can merge mine Coin A and Coin B both at 100h each.

FCN is the first cryptonote coin to implement merged mining, but the concept has been around. Namecoin can be merge mined with Bitcoin, for example. That's been going on for at least 20 months.  

For more on MM, see http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-work

+1
Thank you for this!
EndlessWin
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July 09, 2014, 11:49:22 AM
 #917

we are on the delisting list on bittrex...........

what new developments are going on with the coin?? should be at least where quazarcoin is

i'll pm bitcoinbear about this, i guess they are pretty busy with the development. we should somehow up a fcn trading volume.

tired of identical bitcoin forks? try out BCN - no ASICs, no transaction tracking https://bitcointalk.org/index.php?topic=512747.0
sethminer14
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July 09, 2014, 01:35:29 PM
 #918

we are on the delisting list on bittrex...........

what new developments are going on with the coin?? should be at least where quazarcoin is

i'll pm bitcoinbear about this, i guess they are pretty busy with the development. we should somehow up a fcn trading volume.

Bittrex took FCN off the delisting list. Everything is great Smiley

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Lyomon86
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July 09, 2014, 07:56:19 PM
 #919

How can you say that the coin is dead? The system works and it develops. If you miss some updates, it doesn't mean that "the world stands on the site"
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July 09, 2014, 08:08:17 PM
 #920

On the Fantomcoin web site, it says "or open-source miner by Wolf" and then links to Lucas' github. Wut?

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