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Author Topic: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping  (Read 166589 times)
xibeijan
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July 02, 2014, 01:09:33 AM
 #221

Yes we have a public https web wallet run on the association's server.

The head dev insisted on forging at least 300 to 400 blocks before public access. Possibly to avoid initial forks but I'll let him explain the details tomorrow. The association will distribute the block rewards received during this time as bonus payments to the community.

That's fine as long as those block rewards are delivered back to the IPO stake holders proportionally.  Otherwise, this would be an unannounced premine that should have been declared in the IPO prospectus.  There is no technical reason to premine 300-400 blocks. QED

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July 02, 2014, 03:28:33 AM
 #222

Yes we have a public https web wallet run on the association's server.

The head dev insisted on forging at least 300 to 400 blocks before public access. Possibly to avoid initial forks but I'll let him explain the details tomorrow. The association will distribute the block rewards received during this time as bonus payments to the community.

That's fine as long as those block rewards are delivered back to the IPO stake holders proportionally.  Otherwise, this would be an unannounced premine that should have been declared in the IPO prospectus.  There is no technical reason to premine 300-400 blocks. QED

I agree. No pre-mine was mentioned, therefore the block rewards should go back to the IPO investors, not to the "community". I thought the whole point of IPO's was to not have a premine?

NXT: NXT-W4TQ-FYE4-YBEK-4KDC2   FIMK: FIM-HFXM-BUEQ-K8WV-AB3TA
BTC: 1Pa5xDhqZFQ5sK6Asiu2t9Gpm1TVNTuFEY
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July 02, 2014, 06:21:51 AM
 #223

I wonder if someone can give me some advice.

I'm an initial FIM stakeholder, and I'm leaving tomorrow night for Alaska, where I will be on a boat with (no internet).

I would like to be forging somehow.  Is this possible in any way?  Or am I going to just have to miss the first 10 days?

Thanks for advice!

NEM, LSK, STRAT
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July 02, 2014, 07:41:56 AM
 #224

BTW, here are the genesis block stakeholder accounts for your perusal while we get some sleep Smiley
...........................
              TOTAL FIMK        666'280'000

Total accepted donations 533.0380646 BTC
Blockchain.info 191 donations, 225.5324219 BTC
DGEX.com 240 donators, 307.50564270 BTC


So 666280000/533.0380646 = 1'249'967 FIMK/BTC

Why my 1BTC stake received only 624984 FIMK ?   Am I missing something?

wizzardTim
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July 02, 2014, 07:45:21 AM
 #225

BTW, here are the genesis block stakeholder accounts for your perusal while we get some sleep Smiley
...........................
              TOTAL FIMK        666'280'000

Total accepted donations 533.0380646 BTC
Blockchain.info 191 donations, 225.5324219 BTC
DGEX.com 240 donators, 307.50564270 BTC


So 666280000/533.0380646 = 1'249'967 FIMK/BTC

Why my 1BTC stake received only 624984 FIMK ?   Am I missing something?

So 1 BTC = 1'249'967 FIMK ??

Iotas are Schrödinger's kittens and Tangle is their box keeping them on the edge between the life and the death.

IOTA - first worldwide 3rd gen token - zero fees! - Internet of Things
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July 02, 2014, 07:47:13 AM
 #226

I wonder if someone can give me some advice.

I'm an initial FIM stakeholder, and I'm leaving tomorrow night for Alaska, where I will be on a boat with (no internet).

I would like to be forging somehow.  Is this possible in any way?  Or am I going to just have to miss the first 10 days?

Thanks for advice!
Just leave your computer on and your wallet opened and running. Beware that if someone will get access to your computer during that time you can loose your money.

UPD: Be sure that you've made an outgoing transaction to enable forging. You can also log out from the wallet without stopping forging by choosing corresponding option in log-out popup menu (and leave the server part running and forging), so to reduce the probability of unauthorised access.
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July 02, 2014, 07:49:26 AM
 #227

BTW, here are the genesis block stakeholder accounts for your perusal while we get some sleep Smiley
...........................
              TOTAL FIMK        666'280'000

Total accepted donations 533.0380646 BTC
Blockchain.info 191 donations, 225.5324219 BTC
DGEX.com 240 donators, 307.50564270 BTC


So 666280000/533.0380646 = 1'249'967 FIMK/BTC

Why my 1BTC stake received only 624984 FIMK ?   Am I missing something?
FIM-XJXA-VCLN-4BWL-2SGAB       313000000 Krypto Fin Basic income reserve account
This account is out of IPO.
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July 02, 2014, 08:39:09 AM
 #228

So disappointed, I missed this coin IPO, I will buy some when it hits exchange.

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July 02, 2014, 08:52:43 AM
 #229

FIMK is in the air. Downloadable browser wallet

https://github.com/fimkrypto/fimk/releases/download/v0.2.0x/fim-0.2.0x.zip

Web wallet will be up soon.

We have open sourced the FIMKrypto software, which is obtainable at https://github.com/fimkrypto/fimk/

Krypto Fin is a nonprofit association that aims to progress the adoption and usage of cryptocurrencies worldwide. We welcome competent developers to join us in making FIMK the strongest community based cryptocurrency. The association is equipped to pay serious bounties and will strive to establish partnership deals with programmers worldwide to make FIMK's aspiration to a leading p2p system position the reality.

Forging may continue on association's account still for a while and occasionally after that. All block rewards received to the association's accounts or related accounts during the beginning phase will be distributed to initial stakeholders on pro rata basis according to details published later.

Head developer will come in to explain the technical requirements for private mining during the launch and until now.

         
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July 02, 2014, 09:12:55 AM
 #230


Check all notification messages like...  You're about to send over 10000 NXT...  I will post any I find!   Wink

Guaranteed Balance:   0 NXT

Simcoin (SIM) & CryptoPlay (CPS) DEV NxtChg IS A FUCKIN' LOW-LIFE PIECE OF SHIT EMBEZZLING PSYCHOPATH   Angry
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July 02, 2014, 09:17:07 AM
 #231

FIMK is in the air. Downloadable browser wallet

https://github.com/fimkrypto/fimk/releases/download/v0.2.0x/fim-0.2.0x.zip

Web wallet will be up soon.

We have open sourced the FIMKrypto software, which is obtainable at https://github.com/fimkrypto/fimk/

Krypto Fin is a nonprofit association that aims to progress the adoption and usage of cryptocurrencies worldwide. We welcome competent developers to join us in making FIMK the strongest community based cryptocurrency. The association is equipped to pay serious bounties and will strive to establish partnership deals with programmers worldwide to make FIMK's aspiration to a leading p2p system position the reality.

Forging may continue on association's account still for a while and occasionally after that. All block rewards received to the association's accounts or related accounts during the beginning phase will be distributed to initial stakeholders on pro rata basis according to details published later.

Head developer will come in to explain the technical requirements for private mining during the launch and until now.
How to log on the wallet? what's the URL?
FimKrypto
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July 02, 2014, 09:20:50 AM
 #232

I understand there was some confusion on why the organization account has been forging the first few hundred blocks.
In hindsight a better approach would have been to enable block rewards only after a few thousand blocks, but we can't go back now.
To be honest I never expected the IPO to be so successful. But I'm happy I was wrong  Cheesy

The reasons that we wanted to forge blocks before releasing to the public are:

1. In case of a problem we could take it down and make adjustments.
2. And most importantly, the block chain is in not as secure at an extremely low blockheight as it is later on.

So sorry for the confusion, it's live now everyone can forge if they like.
I'm sure the organization and the community will work out a way what to do with the amount that was forged.

FIMKrypto Lead Developer
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July 02, 2014, 09:23:03 AM
 #233

So 666280000/533.0380646 = 1'249'967 FIMK/BTC

Why my 1BTC stake received only 624984 FIMK ?   Am I missing something?
Yes, initial distribution was always 333 140 000 FIMK.

Another 333 140 000 lot consisting of the basic income funds and organization's funds to be used for the community & block bonuses was added to the genesis block for technical reasons as described here: http://fimk.fi/en/info.htm

         
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July 02, 2014, 09:24:19 AM
 #234

Well, I am up and forging, now I sleep. Send me FIM to get your Public Key.

FIM-HFXM-BUEQ-K8WV-AB3TA

NXT: NXT-W4TQ-FYE4-YBEK-4KDC2   FIMK: FIM-HFXM-BUEQ-K8WV-AB3TA
BTC: 1Pa5xDhqZFQ5sK6Asiu2t9Gpm1TVNTuFEY
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July 02, 2014, 09:27:42 AM
 #235


Check all notification messages like...  You're about to send over 10000 NXT...  I will post any I find!   Wink

Guaranteed Balance:   0 NXT

Good one. It must have slipped through the cracks.
To be clear there is no hidden module in the FIM client that allows you to send NXT from thin air.  Wink

Btw. We have an issue tracker over at https://github.com/fimkrypto/fimk/issues

FIMKrypto Lead Developer
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July 02, 2014, 09:43:46 AM
 #236

Good one two.

...just making sure you look into both!   Wink

Simcoin (SIM) & CryptoPlay (CPS) DEV NxtChg IS A FUCKIN' LOW-LIFE PIECE OF SHIT EMBEZZLING PSYCHOPATH   Angry
https://bitcointalk.org/index.php?topic=929688.msg10205597#msg10205597                    "A world with the money can not be perfect." - BCNext
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July 02, 2014, 09:45:39 AM
 #237

How to log on the wallet? what's the URL?
https://wallet.fimk.fi:7886

There is an annoying technical requirement to make an outgoing transaction somewhere before you can forge (do that before block 1440). FIMKrypto organization account is FIM-M3YE-7Q2G-JEZS-HPHK4.

         
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July 02, 2014, 09:56:11 AM
 #238

how long does it take for my balance to become effective to forge after sending to a new secure account (sent from dgex distribution account)

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.polybius bank













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....












..
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July 02, 2014, 10:01:37 AM
 #239

how long does it take for my balance to become effective to forge after sending to a new secure account (sent from dgex distribution account)
Stakeholders must make an outgoing transaction before block 2880 or they'll
have to wait 1440 blocks before they can forge. Non-stakeholder accounts must
always wait 1440 blocks after their first outgoing transaction
before they can forge.  

         
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onlinepro
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July 02, 2014, 10:04:51 AM
 #240

Okay, my wallet is "forging" now.
What does it mean? Do I get some coins for it? How much?

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