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Author Topic: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping  (Read 160750 times)
mightname
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July 02, 2014, 11:31:01 PM
 #381

did anyone forge a block?

Of course.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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megashira1
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July 02, 2014, 11:32:52 PM
 #382

Anyone know the total % of FIMK forging?
mightname
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July 02, 2014, 11:38:58 PM
 #383

Anyone know the total % of FIMK forging?

• 333.14 million FIMK distributed to stakeholders (you can be one) by Jul 1st 2014
• 333.72 million FIMK distributed as block rewards during ~4 years after launch
• 313 million FIMK paid as basic income for every opt-in Finnish citizen >15 yrs of age

• 17 million FIMK reserved for bonus block rewards, promotion, marketing, bounties
• 3.14 million FIMK for organizational costs
• average block objective 30 secs
• block finder is rewarded automatically the transaction fees included in the block, plus extra reward according to the following table:
 
FORGER_FEE_STAGE 1: 200 (DAY 0 to DAY 308)
FORGER_FEE_STAGE 2: 100 (DAY 309 to DAY 618)
FORGER_FEE_STAGE 3: 50 (DAY 619 to DAY 928)
FORGER_FEE_STAGE 4: 25 (DAY 929 to DAY 1238)

TOTAL FEE STAGE 1 177984000
TOTAL FEE STAGE 2 88992000
TOTAL FEE STAGE 3 44496000
TOTAL FEE STAGE 4 22248000
 
SECONDS_BETWEEN_BLOCK 30sec
lovely89
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July 02, 2014, 11:44:31 PM
 #384

any difference in using your local client or the web client?

Yes. Lots of difference. Running your local client is much safer.
Currently you must send your passphrase to the public clients, not because it's needed but because the client was put together that way. That will change soon.

We'll probably have our blockexplorer up tonight or latest tomorrow, you can safely check your balance from that.

how many confirmations required for a transaction??

In order to start forging we require 1440 blocks (or confirmations). For the rest it's up to you. There is always the risk of being on a fork, that risk decreases with the amount of blocks (confirmations).
Since FIM blocks go faster than NXT (30 seconds) the wait time to trust a transaction is *real/confirmed* is halved.

If someone send you some FIM and you must decide if the FIM is safely in your account so you can; send them your gold/release your hostages  Wink as a rule of thumb 720 transactions is considered pretty safe.
The client uses an indicator of 10+ considering 10 blocks relatively safe. Basically it all depends..


I transferred my fim from Dgex and have about 720 confirmations. This is after 12 hours, so this is 1 confirmation a minute instead of every 30 seconds. I'm using the wallet.

Bitrated user: vanlovely.
megashira1
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July 03, 2014, 12:00:03 AM
 #385

Anyone know the total % of FIMK forging?

• 333.14 million FIMK distributed to stakeholders (you can be one) by Jul 1st 2014
• 333.72 million FIMK distributed as block rewards during ~4 years after launch
• 313 million FIMK paid as basic income for every opt-in Finnish citizen >15 yrs of age

• 17 million FIMK reserved for bonus block rewards, promotion, marketing, bounties
• 3.14 million FIMK for organizational costs
• average block objective 30 secs
• block finder is rewarded automatically the transaction fees included in the block, plus extra reward according to the following table:
 
FORGER_FEE_STAGE 1: 200 (DAY 0 to DAY 308)
FORGER_FEE_STAGE 2: 100 (DAY 309 to DAY 618)
FORGER_FEE_STAGE 3: 50 (DAY 619 to DAY 928)
FORGER_FEE_STAGE 4: 25 (DAY 929 to DAY 1238)

TOTAL FEE STAGE 1 177984000
TOTAL FEE STAGE 2 88992000
TOTAL FEE STAGE 3 44496000
TOTAL FEE STAGE 4 22248000
 
SECONDS_BETWEEN_BLOCK 30sec

Yes, but how much of that distributed supply is actually forging tho?
gvans
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July 03, 2014, 12:45:43 AM
 #386

..and more questions:
1. May I forge simultaneously with FIMK and NXT wallet from same computer?
2. May I forge with two different FIMK accounts with two different computers from same ip-address? Doable?

BTC 1Mye3mqB9WQdCj3uFwx6zcRArnzbUiq6Ro  ★ [NXT] NXT-RA49-RXFR-V6WE-97HT9
★ [ORA] LOGO  ★ [NEM] LOGO  ★ [NXT] MONOLITH  ★ [EXO] LOGO  ★ [FIMK] LOGO  ★ [NODE] LOGO
wiser
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July 03, 2014, 12:48:10 AM
 #387

..and more questions:
1. May I forge simultaneously with FIMK and NXT wallet from same computer?
2. May I forge with two different FIMK accounts with two different computers from same ip-address? Doable?

I'd like to know too. For a while today I did have both my Fimk client and my NXT offspring running and forging at the same time, and it looked right, but I can't say for sure because neither forged any blocks during that time.

No experience with cryptocurrencies? No problem. Learn the ropes by following these step by step guides
It really could be possible to retire on faucet earnings... You could start by playing Coin Plants.
mellorbo
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July 03, 2014, 12:49:20 AM
 #388

..and more questions:
1. May I forge simultaneously with FIMK and NXT wallet from same computer?
2. May I forge with two different FIMK accounts with two different computers from same ip-address? Doable?

I'd like to know too. For a while today I did have both my Fimk client and my NXT offspring running and forging at the same time, and it looked right, but I can't say for sure because neither forged any blocks during that time.
+1
i also would like to know
xibeijan
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July 03, 2014, 01:05:13 AM
 #389

..and more questions:
1. May I forge simultaneously with FIMK and NXT wallet from same computer?
2. May I forge with two different FIMK accounts with two different computers from same ip-address? Doable?

I'd like to know too. For a while today I did have both my Fimk client and my NXT offspring running and forging at the same time, and it looked right, but I can't say for sure because neither forged any blocks during that time.
+1
i also would like to know

me too

XEL, ETH, Ardor, CLAM
quiglag
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July 03, 2014, 02:26:28 AM
 #390

How many coins would you need to forge a block a week?

NXT: NXT-W4TQ-FYE4-YBEK-4KDC2   FIMK: FIM-HFXM-BUEQ-K8WV-AB3TA
BTC: 1Pa5xDhqZFQ5sK6Asiu2t9Gpm1TVNTuFEY
megashira1
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July 03, 2014, 03:16:56 AM
 #391

How many coins would you need to forge a block a week?

I forged a block with an account of 300k and it has been maybe 12 hours?
quiglag
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July 03, 2014, 04:16:33 AM
 #392

How many coins would you need to forge a block a week?

About 16,000

Well I just forged a block with 4,800, but I guess that doesn't really mean anything. It could be month before I forge another one.

NXT: NXT-W4TQ-FYE4-YBEK-4KDC2   FIMK: FIM-HFXM-BUEQ-K8WV-AB3TA
BTC: 1Pa5xDhqZFQ5sK6Asiu2t9Gpm1TVNTuFEY
vincentvincent
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July 03, 2014, 05:00:54 AM
 #393

Is a working block explorer available? The block explorer mentioned in the starting post doesn't seem to work?

Interested in Bitcoin, QORA, NXT and many others. Do your own investigation on coins that look interesting! Only buy the amount you can afford to lose.
illodin
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July 03, 2014, 05:24:51 AM
 #394

The "block reward" when you forge doesn't show up in the transactions list?

But if they show up in Blocks / Forged by You then you have gotten the 200 coins, right?

And if the block orphans, it will be removed from the Forged by You list?
quiglag
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July 03, 2014, 05:44:22 AM
 #395

The "block reward" when you forge doesn't show up in the transactions list?

But if they show up in Blocks / Forged by You then you have gotten the 200 coins, right?

And if the block orphans, it will be removed from the Forged by You list?

That looks right to me.

NXT: NXT-W4TQ-FYE4-YBEK-4KDC2   FIMK: FIM-HFXM-BUEQ-K8WV-AB3TA
BTC: 1Pa5xDhqZFQ5sK6Asiu2t9Gpm1TVNTuFEY
BitTom
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July 03, 2014, 06:34:59 AM
 #396

http://www.yibite.com/blog-23482-447.html

another article partly introduce FIMK.

 Cheesy
wizzardTim
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July 03, 2014, 07:18:29 AM
 #397

Do you think FIMK will ever reach the top 10 in market cap?

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
BitTom
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July 03, 2014, 07:24:01 AM
 #398

Do you think FIMK will ever reach the top 10 in market cap?
I think so.
reach the top 5 probably.
highscore
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July 03, 2014, 07:31:24 AM
 #399

Do you think FIMK will ever reach the top 10 in market cap?
I think so.
reach the top 5 probably.
Grin top 1.
I think top 15-20

FimKrypto
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July 03, 2014, 08:38:02 AM
 #400

thanks, the problem was FIM doesnt seem to work via proxy

Is this an issue with FIM? Does NXT do work with that same proxy?

Any Windows user having success?  I can't get it to work.  When I run the .bat, now I see the script launching, and then for a moment, the last line says "User interface not enabled" and then the CMD window closes.

What does the rest of the cmd window say?

I´m running a PasPi as my nxt peer. Is it possible to run nxt and Fim on one Machine?

They run on different ports so that should work. Not sure if the device you mention can handle it.

I made a block but disappeared after a few minutes.
The block is still listed as wrought by me, but no longer appears in my list.
Can a forged block appear and disappear as a few minutes?

You can forge a block which your client lists as forged by you, but since you're on a network with other peers your client can receive a block forged by another that has a higher difficulty. Your block will be removed then and replaced with the better block. Not sure if removed blocks are also correctly removed from the html/js client (frontend code) it could be thats why it's not removed from all places you see the block. Reloading your browser should normally fix such things.

need a intruduction how to use it on a mac!

These instructions for NXT seem to apply for FIM to http://wiki.nxtcrypto.org/wiki/How-To:InstallNRSMacOS
After FIM is started navigate to http://127.0.0.1:7886 (instead of 7876 which is the NXT port)

Log Out vs Log Out and Stop Forging.
can someone explain the difference, and when you would use one option over another?

When you enter your passphrase in the startscreen and check the "Remember my password" checkbox the wallet is basically unlocked and can be used by anyone who has access to your computer. Logging out forces the client to forget the passphrase. You can log out but still have the core code continue forging, running only in memory basically.

So you don't need to keep your browser open to forge blocks.

Anyone know the total % of FIMK forging?

That's unknown. Only if you run a hallmark others can see what balance you are forging with but since not everyone has a hallmark you can never know. The current base target does give an indication what amount was forging when that last block was made.

I transferred my fim from Dgex and have about 720 confirmations. This is after 12 hours, so this is 1 confirmation a minute instead of every 30 seconds. I'm using the wallet.

The block time is an approximation and will vary. On the test net where we have run FIM for over a month while doing more than 2 million transactions the average block time was between 32 and 54 seconds, this varied per day.

..and more questions:
1. May I forge simultaneously with FIMK and NXT wallet from same computer?
2. May I forge with two different FIMK accounts with two different computers from same ip-address? Doable?

1. Yes you can forge simultaneously with NXT and FIM. The java process is relatively light weight and since they run on different ports there is no conflict
2. Yes you can forge from the same ip address or on all separate ips it doesn't matter, there will eventually only be one block that wins.

Is a working block explorer available? The block explorer mentioned in the starting post doesn't seem to work?

We are working on that. The one in the opening post was the blockexplorer to our old automated test environment.

The "block reward" when you forge doesn't show up in the transactions list?
But if they show up in Blocks / Forged by You then you have gotten the 200 coins, right?
And if the block orphans, it will be removed from the Forged by You list?

Look on the dashboard in the "Forged Balance" block, it shows the total amount of FIM you have earned forging.




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