BreakingBAD
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Activity: 93
Merit: 10
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July 07, 2014, 08:25:49 PM |
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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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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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c789
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July 08, 2014, 03:58:34 AM |
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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. |
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BillieGin
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Activity: 253
Merit: 0
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July 08, 2014, 07:54:15 AM |
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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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SunSeeder
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Activity: 124
Merit: 10
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July 08, 2014, 08:15:50 AM |
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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.
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Zickafa
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July 08, 2014, 08:19:54 AM |
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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% |
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NoDreamsWatching
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Activity: 74
Merit: 0
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July 08, 2014, 08:25:12 AM |
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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 |
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Lyomon86
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Activity: 96
Merit: 10
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July 08, 2014, 08:29:10 AM |
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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  |
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BreakingBAD
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Activity: 93
Merit: 10
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July 08, 2014, 08:36:43 AM |
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Is it true that developed for the Fantomcoin SoloMiner is the first GUI-miner for all CryptoNote coins?
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ShitHappens
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Activity: 74
Merit: 10
“Everyone Is A Bank”
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July 08, 2014, 08:40:48 AM |
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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 Where did you get the information about the 50% price increase? |
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GVanelly
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Activity: 247
Merit: 10
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July 08, 2014, 08:41:40 AM |
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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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darlidada
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July 08, 2014, 10:41:31 AM |
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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?
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djarot
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July 08, 2014, 10:56:01 AM |
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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..
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firedoner
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July 08, 2014, 01:03:19 PM |
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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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c789
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July 08, 2014, 02:25:31 PM |
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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. |
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c789
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July 08, 2014, 02:34:06 PM |
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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 |
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djarot
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July 09, 2014, 08:16:37 AM |
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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! |
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EndlessWin
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July 09, 2014, 11:49:22 AM |
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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. |
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sethminer14
Member
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Activity: 98
Merit: 10
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July 09, 2014, 01:35:29 PM |
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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  |
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Lyomon86
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Activity: 96
Merit: 10
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July 09, 2014, 07:56:19 PM |
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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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Zickafa
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July 09, 2014, 08:30:38 PM |
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c789, I'm wondering about your professional opinion about MonetaVerde. It is second CN-based merged mining coin. It is better Fantomcoin or not?
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