FairCoin v1.5.0 Overview
This release contains some major changes to FairCoin. Our aim is to develop FairCoin further and prepare it for broad adoption. With the changes we've made to the code base the development of merchant applications, alternative FairCoin wallets and mobile applications now becomes easier and can be implemented faster. We have improved the performance of the FairCoin wallet significantly. The overall speed gain and still maintaining the same high level of block chain security is also a prerequisite to establish a reliable and stable monetary system for https://Fair.Coop
. What do you need to do
On thursday, the 26th of February 2015 at block height 94613 all versions older than v1.5.0 are obsolete and must not be used any more. It is best to avoid using the old wallet the entire day, although it is possible to use it until block 94613 occurred on the network. At around 19:00 - 23:00 UTC the new wallet will be available for download here: http://fair-coin.org/index.html#wallet
After you have downloaded the new release, please follow the guide below.
1. Make a copy of your wallet.dat file and store it at a safe place! Write down the FAIR balance that is displayed in your old wallet.
2. If you haven't done yet make a copy of your wallet.dat file and store it at a safe place!
3. If you missed step one and two, make a copy of you wallet.dat file and store it at a safe place!
4. Now, after you made a copy of your wallet.dat file and stored it in a safe place, delete the entire FairCoin data directory
5. Start the new wallet and let it download the new block chain. This takes about 10 to 30 minutes depending on your internet connection and your computers performance. (Your balance will NOT be displayed yet, so don't worry!) Also, you should not create a FairCoin.conf file, it is not needed.
6. After your new wallet successfully synchronized to the network, stop it
7. Copy your old wallet.dat file (you made a backup copy of earlier) to the newly create FairCoin data directory
8. Start the wallet again and it will display your complete balance (if your balance differs from the one your wrote down please contact us at firstname.lastname@example.org
Please note that there will be timely gap of about 1 to 3 hours between the end of the old block chain and the availability of the new wallet version because we have to convert the hole block chain and build and deploy the new binary release. This means that the old and the new version can not be used at the same time, because the new wallet does not work on the old block chain and vice versa.
Questions and support
If you still have any questions or need support please contact our forum thread here or contact us directly at email@example.com
Further information with the technical details of the block chain conversion process here: http://fair-coin.org/faircoin-v1.5.0.html 12/02/2015
NEXT 1.5 FairCoin Wallet Release: CALL FOR TESTERS
see the complete statement and acces to the beta wallet here: http://fair-coin.org/faircoin-beta.html
The upcoming version of the FairCoin client software will be an important step for the Faircoin development!!
IT will not only be a hard fork release, it is in fact more like releasing a completely new coin. The existing block chain will been converted to make use of the much faster and proven SHA256 hash algorithm. This gives us 2 major advantages:
It is much easier to port existing software that was written for Bitcoin to the FairCoin network.
E.g. The Bitcoin wallet for android, the Electrum Bitcoin wallet, libbitcoin, etc.
Much better performance! The scrypt hash algorithem that was used up until now is much slower compared to the SHA256 hash algorithm.
Also one important step will be the solve of the mintpal claimed coins problem with this new release
The new block chain will contain a special block that recovers about 4,000,000 FAIR that were freely distributed at the start of FairCoin back in March 2014 and have never been used since then or are simply lost.
Read the link for further information. Again: http://fair-coin.org/faircoin-beta.html
PLEASE, TEST IT, and share your experience here in this topic.
(you could also test it with your friends, to send test faircoins from different wallets, and testing of multisignature feature) 13/01/2015
Getfaircoin launch http://www.getfaircoin.net 13/01/ 2015
Second Faircoop Bulletin -> https://fair.coop/the-second-faircoop-bulletin-january-2015/ 09/12/2014
IMPORTANT STATAMENT RELATED TO MINTPAL FAIRCOINS AND NEXT STEPS.
Please read carefully! - Introduction
we waited until we have more information, to make this statement. With the possibility to give us time enough to study the better strategy,
for solving the problems that we relate below, without increasing the possibility for an hypotetical scammer to make unrecoverable the coins or sell for bitcoins. Now we think that this possibilities are reduced enough to make it public and require the collaboration of the faircoin community. - how the situation of mintpal coins arrived to the hands of Faircoin development team
The Mintpal Wallet contained: 14946903.112935999408 FAIR
The balance of the account data counted: 21787698.41457512 FAIR
Faircoins withdrawed in mintpal v2: -243666,36021 FAIR
Coins missing: -6597129,30163912 - how we have procedeed the withdrawal of mintpal coins.
Smartaction had an account in mintpal of 9079874,833373 faircoin that belongs to a cooperative investment fund in benefit of different local projects.
He decided to give the advantage to other holders to withdraw their coins first, and everyone had the oportunity to receive their coins
and at least three weeks of time to do it.
Therefore the current 7174225,79808514 * in https://chain.fair-coin.org/address/fFcy7XH7hY7o4BwaRgkFQVooM9m4dZGUwZ
will be withdrawed by smartaction and after this yet will be missing 6597129,30163912
1905649,03528786 from smartaction
* after deduct 40973,05805086 claimed by [Suspicious link removed] that we have frozen until confirm the balance of this multipool with faircoin users. - Next steps
After this, we need your help for finishing the analysis where the lost coins are, and confirm if we have data enough to recover it and if it makes sense to do it.
At the technical level Thomas has done a development to make possible to recover lost coins without changing yet nothing of the blockchain, therefore
all depends if we are secure enough about what needs to be done, and if the comunmunity support our plan.
In fact, we have done already a lot of work this past weeks related blockchain analysis and we discovered that the first thesis that mintpal v1 told us does not makes sense enough. Therefore there is no proof that this coins are in the hands of Ryan/aleen green from moolah, at least not most of them.
An important proof of this is there are not enough unidentified coins in adress younger than march 31 (data of mintpal beginning) to cover this 6.6 M coins.
The most probably option is that Mintpal V1 suffered in the early days of faircoin in mintpal, (march 31 - april 8 ; when faircoin had unvoluntary hard forks) from a block chain fork, a bug or a hack. If this is true, they credited coins to the balance of users when they actually shouldn't have.
Well, now, particularly, what we want now is to confirm if the addresses with a big amount which are not identified, belong to anyone that is reading us, or if are stolen or lost. For this reason we have copied here this list of adresses: https://www.ethercalc.org/FAIRnonidentifiedmorethan20000postmarch31
(43 adresses older than 31 march not identified with more than 20000 FAIR)
Please PM smartaction if any of this addresses is yours and after you confirm your ownership we will update this list, and this will help us
to finish our analysis. Please process your personal search as soon as possible in order we can advance to the next steps sooner.
Otherwise if you detected in the past specially first days of Faircoin in Mintpal, any irregularity when you made deposits in Mintpal (like no transaction appeared in the good blockchain, but the balance was updated in your mintpal account), let us know. - After this
If we decide together on how to recover the confirmed lost coins. This will be distributed in this order to
* smartaction pending coins
* unclaimed coins that became claimed -only until december 31th, 2014
* projects and bounties to continue improving the faircoop and faircoin environtment
Enric Duran (smartaction) and Thomas Konig (thokon00)
Faircoin development team. 04/12/2015
First FairCoop Bulletin -> https://fair.coop/the-first-fair-coop-bulletin/ 17-18-19-.... /11/2014
The mintpal coins are coming back to their owners
If you was a mintpal user, you did receive an email with the required steps
to receive your coins on 18-11-2014 GMT
Here everyone can follow the mintpal coins being delivered -> https://chain.fair-coin.org/address/fFcy7XH7hY7o4BwaRgkFQVooM9m4dZGUwZ
yet, lots of users pending of filling their form! 17/11/2014
GOOD NEWS, FINALLY!!!
Mintpal V1 has sent the wallet.dat and user/ balances info to the faircoin dev team!
Now, we are in control of the mintpal v1 coins -> https://chain.fair-coin.org/address/fFcy7XH7hY7o4BwaRgkFQVooM9m4dZGUwZ
Today we will begin withdrawals with the already filled forms, will ask adress to the other users, and will begin proceding with the next steps to recover the faircoin normality!
The Mintpal form has been closed we will give you updates regards the Mintpal recovery soon
------------------------------- To all the FairCoin fellows who had or have yet their FairCoins at Mintpal!
We were talking with the Mintpal V1 team about how to redistribute the missing FairCoins, they don't have access to the Mintpal V2 system, but they have confirmed that Ryan doesn't control the FairCoins! Mintpal V1 is in control of the missing FairCoins and these are good news!
So we are going to help the Mintpal V1 team by requesting additional information to help to quickly set up a working withdrawal procedure.
lease fill in the form below to prepare a possible manual withdrawal. It is important to provide as accurate information as possible so we can correctly match it to your balance.
The form is open! https://chain.fair-coin.org/rt/mintpal-recovery.html This form will be available only until Tuesday, October 28th at 23:00 GMT.
Yours Enric Duran (smartaction) and Thomas König (thokon00)
___________________________________________________________________- October 24th
New FairCoop Video "Faircoin and a fair economic system" ->> http://vimeo.com/109479717
Updated the Fair Coop councils members ->> https://fair.coop/the-first-counselors/ September 22th
Fair Coop Crowdfunding campaign (Fairfunding + Fairsaving) launched ->> https://www.coopfunding.net/en/campaigns/fair-coop-the-earth-cooperative-for-a-fair-economy/ September 17th
Fair coop Launched ---->>> https://www.fair.coop
See the Roadmap here -> https://fair.coop/fair-coop-economic-and-political-process-timeline/ September 16th
Fair Coop Pre-Launch Promotion video: https://fair.to/kki9U September 11th update:
a shorter privacy friendly to promote the fair economy September 9th update:
Launched the new main wallet. 1.2 Version https://www.fair-coin.org/#wallet
with new features like coincontrol and minting view September 8th update:
The people from the Coop together with people from other groups around the world are working hard from lasts weeks
in a new broader cooperative that has been called Fair Coop
This coop will not accept fiat money and faircoin will be the only cryptocurrency accepted.
I, as a member of this launching team, have the mandate today to show this picture in advance:
Right now begins the precampaign in social media, to prepare the launch day
You can collaborate by:
- Liking on Facebook https://www.facebook.com/thefaircoop
- following on twitter https://twitter.com/fair_coop
- tweeting with the double hashtag #faircoop #faircoin
- Subscribing to the faircoin subreddit that will be shared between faircoin and faircoophttps://www.reddit.com/r/faircoin
The launch will be some day between 16 and 19 of september. Meanwhile a lot of work is being done daily with about 10-12 people
working in a permanent online hackaton for this launch
Best regards for everyone New Wallet version v1.2.0 available
The FairCoin Development team is proud to announce the availability of the new
FairCoin wallet release v1.2.0. Get it here, sources: https://github.com/FairCoinTeam/fair-coin.git
Please note we have a new FairCoinTeam
user, which is accessible by smartaction
Please also note that there was a hard fork at block 15680 (2014-07-24 18:54:34 GMT). Please update your wallet immediately. If you do not update you won't be able to sync to the network and you even might loose coins.WARNING: always backup your wallet.dat file prior updating
For those of you who didn't update yet, please DO IT NOW! If you mint on the wrong block chain your staked blocks are LOST. And don't move any funds around until you update your wallet to at least v1.1.1 or you will LOOSE COINS!!
You can get the wallet v1.2.0 for Linux, Windows and Mac OS X here: http://fair-coin.org/#wallet