[ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping

[dance]

What about creating or being added to a pool? I mean not a multipool, but something like nxtio.org
So that holders who can't have their computers be turned on 24/7 will be still receiving rewards?

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[gvans]

Someone with good math, please do a simple form (excel or what ever) where you can enter your balance and it will give you the average first year forged amount. Assuming all the available coins are forging (not devs reserve coins). Would be useful!

[dance]

Someone with good math, please do a simple form (excel or what ever) where you can enter your balance and it will give you the average first year forged amount. Assuming all the available coins are forging (not devs reserve coins). Would be useful!

forged = 200 * 2880 * 365 * balance / 333000000

[redsquare]

Someone with good math, please do a simple form (excel or what ever) where you can enter your balance and it will give you the average first year forged amount. Assuming all the available coins are forging (not devs reserve coins). Would be useful!

I already have made such a form (excel sheet), very simple model, for 308 days all coins are forging, new coins distributed as rewards and as basic income and not being taken nto consideration (would be a nice add on..):

https://docs.google.com/spreadsheets/d/1UlwziOljobc3ro9p-Cdr6YsqCiwvoTQsWHsQWE-3HSc/edit?usp=sharing

[dance]

Faucet at http://jaft.tk/faucet
Finnish language faucet: http://jaft.tk/faucet/fin
FIMK number game: http://jaft.tk/numbergame

And a new simple automated exchange is being developed at http://jaft.tk

-From an unofficial FIMK developer

[gvans]

https://docs.google.com/spreadsheets/d/1UlwziOljobc3ro9p-Cdr6YsqCiwvoTQsWHsQWE-3HSc/edit?usp=sharing

Fantastic! Thanks. So basically roughly around 500 days anyone forging with any amount would double her/his initial stake.
And I was wrong originally, you can not calculate it as interest so it is not cumulative in that sense. Facepalm, let me have it

[redsquare]

Fantastic! Thanks. So basically roughly around 500 days anyone forging with any amount would double her/his initial stake.
And I was wrong originally, you can not calculate it as interest so it is not cumulative in that sense. Facepalm, let me have it

I think it's a fair 1st-order approximation, but a more precise model would take into account the total number of coins forging (which is growing as they are rewarded) and also after about 90 days the basic income distribution will start, and we can only guess at how popular this will be.

Is there some way the number of coins which are forging can be deduced in (semi) real-time?

[SyRenity]

A possible bug report - when using hosted FIMK to forge, and logging out then in again, I see "not forging" (I do see new forged amounts).

[dance]

https://docs.google.com/spreadsheets/d/1UlwziOljobc3ro9p-Cdr6YsqCiwvoTQsWHsQWE-3HSc/edit?usp=sharing

Fantastic! Thanks. So basically roughly around 500 days anyone forging with any amount would double her/his initial stake.
And I was wrong originally, you can not calculate it as interest so it is not cumulative in that sense. Facepalm, let me have it

It can't be 500 days. This spreadsheet is wrong.

   • 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

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

So, if not talking about citizens distribution, amount will _double_ only after 1238 days.
But, after 308 days amount will be multiplied by (333+178)/333=1.53

[redsquare]

So, if not talking about citizens distribution, amount will _double_ only after 1238 days.
But, after 308 days amount will be multiplied by (333+178)/333=1.53

Yes, true. I made this visible in a second sheet (first 308 days only), which can be found here:
https://docs.google.com/spreadsheets/d/1n5kEzl2iejum6n8euqaAqVtXa5KSXdQGChsiT1ypl_c/edit?usp=sharing

[tobeaj2mer01]

Made a Facebook Fanpage @ https://www.facebook.com/FIMKrypto

Nice work. Would you consider transferring access rights to Krypto FIN ry. for us to effectively be able to use the particular account for promotion, announcements and related things please?

I have followed it in Facebook

[qora dan]

I have a challenge for the FIMK community. A friend of mine and his wife are going cycle from London to Paris on the 5th - 8th August to raise funds for a charity. Their goal is to raise £3000 in 28 days until the event. You can read more about their cause here http://bike4youth.tumblr.com/cause

Neither of them are cyclist so this is quite a challenge for them and I really want to help them out as much as I can therefore I have set up a donations account below and will donate 100,000 FIMK to their cause now and until the 5th of August all the FIMK I forge.

I made a few calculations and at the current BTC and FIMK rates £3000 translates to roughly 1,700,000 FIMK. That 's not too much to ask and seeing as this is a new crytpo and the forging working brilliantly, I think something great to get involved in.

I also propose that all the donations received over £3000 stay in the donations account to keep forging and then monthly we donate what's forged to the same or other charities.

Lets get donating to

FIM-8HX6-YR69-FQ6W-5MGNX

**** NB All distributions will be documented and there will always be clear visibility as to when the money is donated to the charities.***

[qora dan]

100,000 donation made to FIM-8HX6-YR69-FQ6W-5MGNX

[btler420]

I have a challenge for the FIMK community. A friend of mine and his wife are going cycle from London to Paris on the 5th - 8th August to raise funds for a charity. Their goal is to raise £3000 in 28 days until the event. You can read more about their cause here http://bike4youth.tumblr.com/cause

Neither of them are cyclist so this is quite a challenge for them and I really want to help them out as much as I can therefore I have set up a donations account below and will donate 100,000 FIMK to their cause now and until the 5th of August all the FIMK I forge.

I made a few calculations and at the current BTC and FIMK rates £3000 translates to roughly 1,700,000 FIMK. That 's not too much to ask and seeing as this is a new crytpo and the forging working brilliantly, I think something great to get involved in.

I also propose that all the donations received over £3000 stay in the donations account to keep forging and then monthly we donate what's forged to the same or other charities.

Lets get donating to

FIM-8HX6-YR69-FQ6W-5MGNX

**** NB All distributions will be documented and there will always be clear visibility as to when the money is donated to the charities.***

Bullshit gtfo with your scam. I can set up a website + story in few minutes create a new address send 100k to it and let it look like its legit. After the time runs out Im gonna disappear with the donations, bye.

[Simakki]

Waiting some good news  !

[qora dan]

I have a challenge for the FIMK community. A friend of mine and his wife are going cycle from London to Paris on the 5th - 8th August to raise funds for a charity. Their goal is to raise £3000 in 28 days until the event. You can read more about their cause here http://bike4youth.tumblr.com/cause

Neither of them are cyclist so this is quite a challenge for them and I really want to help them out as much as I can therefore I have set up a donations account below and will donate 100,000 FIMK to their cause now and until the 5th of August all the FIMK I forge.

I made a few calculations and at the current BTC and FIMK rates £3000 translates to roughly 1,700,000 FIMK. That 's not too much to ask and seeing as this is a new crytpo and the forging working brilliantly, I think something great to get involved in.

I also propose that all the donations received over £3000 stay in the donations account to keep forging and then monthly we donate what's forged to the same or other charities.

Lets get donating to

FIM-8HX6-YR69-FQ6W-5MGNX

**** NB All distributions will be documented and there will always be clear visibility as to when the money is donated to the charities.***

Bullshit gtfo with your scam. I can set up a website + story in few minutes create a new address send 100k to it and let it look like its legit. After the time runs out Im gonna disappear with the donations, bye.

No need to be rude mate and before you call it a scam did you even bother to click on any one of the links to see which charity is supported. Since you claim it so easy to set up a scam maybe your the one with the people should be aware of.

[gvans]

Block 10000 was forged by account with 18+ million FIMK i.e. one of the two gigantic stakeholders from ipo. Account has forged 120000 pos-rewards already and now gets 10000 as bonus.  http://80.240.143.139/blocks/10247

One has to look it from the point of view of average future user which is hopefully the Finnish citizen who will get 100 a month. It is obvious she/he will feel offended by the idea that someone with big stake will will get the same amount as reward what she/he will have to wait for 100 months to collect (if the distribution even ever will last that long). So the average guy would propably just abandon the whole thing feeling it is not equal chance for her/him anymore.

Any chance to reconsider this kind of idea?
https://bitcointalk.org/index.php?topic=633304.msg7720567#msg7720567

[hyo]

Hello

I wanted to ask if there is any risk associated with forging if done with a downloaded "local" client?

And aliases can still not be created right?

Is Fimk Ry devs forging with the unreleased fimk balances as well ?

[megashira1]

I have a challenge for the FIMK community. A friend of mine and his wife are going cycle from London to Paris on the 5th - 8th August to raise funds for a charity. Their goal is to raise £3000 in 28 days until the event. You can read more about their cause here http://bike4youth.tumblr.com/cause

Neither of them are cyclist so this is quite a challenge for them and I really want to help them out as much as I can therefore I have set up a donations account below and will donate 100,000 FIMK to their cause now and until the 5th of August all the FIMK I forge.

I made a few calculations and at the current BTC and FIMK rates £3000 translates to roughly 1,700,000 FIMK. That 's not too much to ask and seeing as this is a new crytpo and the forging working brilliantly, I think something great to get involved in.

I also propose that all the donations received over £3000 stay in the donations account to keep forging and then monthly we donate what's forged to the same or other charities.

Lets get donating to

FIM-8HX6-YR69-FQ6W-5MGNX

**** NB All distributions will be documented and there will always be clear visibility as to when the money is donated to the charities.***

Bullshit gtfo with your scam. I can set up a website + story in few minutes create a new address send 100k to it and let it look like its legit. After the time runs out Im gonna disappear with the donations, bye.

No need to be rude mate and before you call it a scam did you even bother to click on any one of the links to see which charity is supported. Since you claim it so easy to set up a scam maybe your the one with the people should be aware of.

I'm sure the charity is legit but noone knows if you are. If you really want to do this get a trusted escrow to hold the funds. You might have good intentions, you probably do, but money can easily corrupt people.

I too used to have trust and faith in humanity until I came onto the crypto scene and was scammed for 15btc @600usd.

good luck

[Eliphaz Fimk]

Block 10000 was forged by account with 18+ million FIMK i.e. one of the two gigantic stakeholders from ipo. Account has forged 120000 pos-rewards already and now gets 10000 as bonus.  http://80.240.143.139/blocks/10247

..So the average guy would propably just abandon the whole thing feeling it is not equal chance for her/him anymore.

This was sheer stroke of luck. All other accounts together probably had better probability of forging that one, but it went this way now. No reason to use that as an implication of anything sinister. Lady Fortuna's attention skips us once in a while when she has to attend for more important things!