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Author Topic: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping  (Read 178052 times)
Simakki
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July 02, 2014, 01:28:34 PM
 #281


You are not gonna regret buyin at that price.

FIMK will be really big thing in future!

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PL_CoinTrader
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July 02, 2014, 01:29:31 PM
 #282


Jep it is. But don't forget that the amount of available Fimk is currently 333 million, not 1 billion and during the IPO more than 500 btc have been gathered, so investors won't sell low to have ROI.
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July 02, 2014, 01:34:37 PM
 #283

Is forging a block heavily dependent on FIM balance or have there been changes to the Nxt algo because of the POS Reward?
While the algorithm changed slightly in some places, the outcome is still the same.
The more FIM you have the more blocks you make.
Is forging also dependent on the number of clients you have open? Meaning, if you are logged in with one FIMK account but with multiple browser windows open will this enhance your chance for forging a block?

That would be nice  Cheesy
But no sorry that's not how it works.

 Grin

Btw, why is it that I see my dashboard with a "200" forged balance and after the next block the balance is reset to zero?

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July 02, 2014, 01:37:24 PM
 #284

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.  



Generally (after block 2880), upon receiving funds how long does a genesis account need to wait before those funds are effective balance used for forging?  How long goes a non-genesis account need to wait, generally (after block 2880)?


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July 02, 2014, 01:38:56 PM
 #285

I just wanted to chime in and say that I was able to download, install and run the client on the first try with no problems. Nice interface too. I'm not a coder or programmer and tend to not understand the technical details behind cryptos. As such I had so much trouble with handling the NXT client when it first came out and for the first several months. So the fact that I had no problems getting set up on this brand new crypto says a lot. I'm very impressed. Great job Smiley

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July 02, 2014, 01:39:25 PM
 #286


You are not gonna regret buyin at that price.

FIMK will be really big thing in future!

its just a clone of nxt
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July 02, 2014, 01:45:20 PM
 #287

Btw, why is it that I see my dashboard with a "200" forged balance and after the next block the balance is reset to zero?

Your block is overruled by another block from another forger with a higher difficulty.
There is nothing you can do about that. In very unfortunate situations (depending on your point of view) you could forge many blocks before your client realizes another chain of blocks has a higher difficulty and it will cause all blocks to disappear, thats called being on a fork.

Generally (after block 2880), upon receiving funds how long does a genesis account need to wait before those funds are effective balance used for forging?  How long goes a non-genesis account need to wait, generally (after block 2880)?


The stakeholder advantage will stop after block 2880, you really should make a transaction before that. Or wait 1440 after that block.

I just wanted to chime in and say that I was able to download, install and run the client on the first try with no problems. Nice interface too. I'm not a coder or programmer and tend to not understand the technical details behind cryptos. As such I had so much trouble with handling the NXT client when it first came out and for the first several months. So the fact that I had no problems getting set up on this brand new crypto says a lot. I'm very impressed. Great job Smiley

Thank you, but NXT did pave the road for us.



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July 02, 2014, 01:46:52 PM
 #288

I just wanted to chime in and say that I was able to download, install and run the client on the first try with no problems. Nice interface too. I'm not a coder or programmer and tend to not understand the technical details behind cryptos. As such I had so much trouble with handling the NXT client when it first came out and for the first several months. So the fact that I had no problems getting set up on this brand new crypto says a lot. I'm very impressed. Great job Smiley
Thank you, this means a lot! Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Distributing the early block rewards received by the organization's accounts will have to wait somewhat for a less hectic time period. There will be time for that but not now - I just got off phone interview with two major Finnish financial news publishers Wink

         
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xibeijan
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July 02, 2014, 01:46:58 PM
 #289


You are not gonna regret buyin at that price.

FIMK will be really big thing in future!

its just a clone of nxt

Not quite.  A huge fundamental NXT problem is solved by FIM -- NXT has no block reward, but FIM does!!!  This makes a gigantic difference to how things play out and keeps the community highly incentivised.

Overall FIM improves the following.

  • Adds block reward incentive for forging
  • 30 sec block time - makes decentralised asset exchange much faster
  • 0.1 min TX fee - encourages spending with lower TX fees

FIM is a contender and is here to stay.

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July 02, 2014, 01:48:10 PM
 #290

Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Great idea.  A QT-based wallet would be very good.

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Simakki
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July 02, 2014, 01:54:18 PM
 #291

I just wanted to chime in and say that I was able to download, install and run the client on the first try with no problems. Nice interface too. I'm not a coder or programmer and tend to not understand the technical details behind cryptos. As such I had so much trouble with handling the NXT client when it first came out and for the first several months. So the fact that I had no problems getting set up on this brand new crypto says a lot. I'm very impressed. Great job Smiley
Thank you, this means a lot! Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Distributing the early block rewards received by the organization's accounts will have to wait somewhat for a less hectic time period. There will be time for that but not now - I just got off phone interview with two major Finnish financial news publishers Wink


Those are such a wonderful news. If my guess is correct about the puplishers, we will see lot of newbies here in upcoming days!

Check out Betsikingi
for betting tips and for https://betsikingi.info/vedonlyontibonukset-vedonlyontisivustot and Unibet TV for sports live streaming!
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July 02, 2014, 02:00:11 PM
 #292

Jep it is. But don't forget that the amount of available Fimk is currently 333 million, not 1 billion and during the IPO more than 500 btc have been gathered, so investors won't sell low to have ROI.

It will be interesting to watch how the price develops. With only 333 million available and the reward system giving out coin for forging, there is actually an incentive to buy in early. The forging return is quite nice. Someone should make some calculations.

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July 02, 2014, 02:04:31 PM
 #293

price is 0.00002 BTC per FIMK, please PM me if you are interesting.

INVALID BBCODE: close of unopened tag in table (1)
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July 02, 2014, 02:05:16 PM
 #294

6xIPO. That's not expensive.
Wait, will be more expensive.
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July 02, 2014, 02:06:48 PM
 #295

price is 0.00002 BTC per FIMK, please PM me if you are interesting.
You want to buy or sell?
And this is not the place for trading
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July 02, 2014, 02:13:59 PM
 #296

hi
dev
The client can't refresh synchronously, I must close the client, reload, then the transactions will all be shown.
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July 02, 2014, 02:15:28 PM
 #297

hi
dev
The client can't refresh synchronously, I must close the client, reload, then the transactions will all be shown.

do you have javascript enabled?

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July 02, 2014, 02:19:44 PM
 #298

How to understand this:

Account FIM-MRCC-2YLS-8M54-3CMAJ Info
The account has a balance of -666'279'998 FIM.
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July 02, 2014, 02:31:04 PM
 #299

Can someone calculate how much forging with 10k FIMs makes approximately in 24 hours?

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July 02, 2014, 02:34:28 PM
 #300

Thank you, but NXT did pave the road for us.

Thank you, this means a lot! Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Distributing the early block rewards received by the organization's accounts will have to wait somewhat for a less hectic time period. There will be time for that but not now - I just got off phone interview with two major Finnish financial news publishers Wink

I totally recognize the foundational nature of NXT and appreciate that it's paved the way for FIM and other spin offs, so wasn't intending to slam NXT. But I am very happy that FIM is working well from the beginning, even for us nontechnical people Smiley

Congratulations on the media attention Smiley

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