[ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation

[Jack Liver]

fore for the most of the ppl it become a situation of no confidence to invest  is expected,and by that means the success of faircoop is nearly zero.
I really respect on you for your hard work to bring the ppl to a fair world but the ironic atm is that you cost nearly 70% more(from 0.03eud to 0.05eud) to ppl who buy faircoin with the cash...so..is it fair?

as i remember the activities that accept FAIR as form of payment comply with the same exchange rate proposed by the Faircoop so for now the lower price of bittrex is a good way to get cheaper FAIR, the sum availabe is shrinking every day 6-7BTC isn't much especially when more than 80% of FAIR belong to people involved with Faircoop.

[1715387008]

1715387008

[witten01]

every alt coin goes up except faircoin with the latest bitcoin surge...

[doremi]

You understood that most of our community dont like to trade on bittrex?  They neither like to get the faircoins cheaper, because feel that is not fair...

So, that calculation that perhaps you could do for other cryptocurrencies, not feets faircoin reality.

In many other currencies, the trading volume on exchanges comes 99% of speculation/short term trading. This is close to unexistant in faircoin.

If you want to do another calculation 2.5 M market cap needs 2500 persons with 1000 euros. And most of our people has not capacity to have savings, is people from the grasroots, who wants to use faircoin as a currency for real life.

Otherwise, volume in real economy is still not so big ok. (still close to 200 sellers accepts faircoin)

 this is mainly because 2015 and 2016 has been years of developments, and really 2017 will be the first year when the focus on implementation  and really use will be more important with faircoin 2, launch, fairpay launch and so on.

Anyway i am not promoting to buy....I was just sharing my optimism about what is going to happen  

nobody force sellers to sell faircoin at bittrex with the price they want to sell,so it is a legal action if faircoop go into buy it up to make the profits ,if faircoop not even thinking of making profits while available then what to support the organisation to run for a long term aspect? i'm not here to ask faircoop to pump the price,i'm here to say faircoop have the responbility to maintain the reasonable price at freemarket which is bittrex atm(may be slighly lower about 5-10% of 0.05eud  relatively to the price that sell at getfaircoin),this is the key point to proof that faircoop is really a serious business,and this is also very important to convince to the ppl who want to invest/use to buy faircoin at 0.05eud/faircoin with cash(ppl who don`t have bitcoin) or with bitcoin,you just can`t say that you don`t like or feel guilty if buy cheap bc it is just a poor accuse to avoid the burden that you have to face and don`t forget you(faircoop) is the only one who sell faircoin for cash with the open announcement,ppl who buy at your side are not totally cut off from the network informations bc they also have their cellphone or computer that connect to the internet to check the price of the open market.
right now the price on the open market is the pain to be fixed for faircoop,you can`t deny or ignore it if faircoop want to see the success,if faircoop choose to live with the closed market then faircoop is nothing different with the fait system that faircoop don`t trust from the beginning,faircoop may be lack of fund to fix the problem right now but there is still a chance if faircoop willing to set up a plant to fix the price of the open market as the  priority objective,what to fear ppl to get away from faircoin is simply due to the attitude of faircoop ignored the chain reactions that started from open market for nearly 2 years.

one more thing here i would like to point it out is....you no need to terminate the POS(proof of stake)  for imply POC bc it also provide a  security layer of the blockchain,it will far more better for having both POC and POS all together as two layers of security..the interest from POS is also a good way to gain the fund for faircoop for a long term developement and 1.5% is not that much anyway.

[Jack Liver]

the fairpay campaign seems to be going well

Statistics Fairpay campaign at the morning january 4th

85 completed orders, 30 of them in Faircoin

Charged already 45600 faircoins in fairpay. With around 1660 euros received and 15000 faircoins

There is left until 5 january night to improve this numbers. You have until then to order the card and receive at home without shipping costs.

After 5 of january, we continue. In principle only with grupal orders of cards and in Faircoop local nodes.

So, lets organize yourself, create a local node… or ask for your card now!

Thanks to all for contributing to this important launch!!

https://fair.coop/groups/bank-of-the-commons/forum/topic/statistic-fairpay-campaign-two-days-before-finish-launching-campaign/

[smartaction]

the fairpay campaign seems to be going well

Statistics Fairpay campaign at the morning january 4th

85 completed orders, 30 of them in Faircoin

Charged already 45600 faircoins in fairpay. With around 1660 euros received and 15000 faircoins

There is left until 5 january night to improve this numbers. You have until then to order the card and receive at home without shipping costs.

After 5 of january, we continue. In principle only with grupal orders of cards and in Faircoop local nodes.

So, lets organize yourself, create a local node… or ask for your card now!

Thanks to all for contributing to this important launch!!

https://fair.coop/groups/bank-of-the-commons/forum/topic/statistic-fairpay-campaign-two-days-before-finish-launching-campaign/

For sure. And last days of campaign numbers are exploding.
Yesterday we got our record of number of orders in getfaircoin in one day. More than 40 orders. In may 2015 was speculative orders. Today with fairpay, we got more buyers with real economy action.

[smartaction]

You understood that most of our community dont like to trade on bittrex?  They neither like to get the faircoins cheaper, because feel that is not fair...

So, that calculation that perhaps you could do for other cryptocurrencies, not feets faircoin reality.

In many other currencies, the trading volume on exchanges comes 99% of speculation/short term trading. This is close to unexistant in faircoin.

If you want to do another calculation 2.5 M market cap needs 2500 persons with 1000 euros. And most of our people has not capacity to have savings, is people from the grasroots, who wants to use faircoin as a currency for real life.

Otherwise, volume in real economy is still not so big ok. (still close to 200 sellers accepts faircoin)

 this is mainly because 2015 and 2016 has been years of developments, and really 2017 will be the first year when the focus on implementation  and really use will be more important with faircoin 2, launch, fairpay launch and so on.

Anyway i am not promoting to buy....I was just sharing my optimism about what is going to happen  

nobody force sellers to sell faircoin at bittrex with the price they want to sell,so it is a legal action if faircoop go into buy it up to make the profits ,if faircoop not even thinking of making profits while available then what to support the organisation to run for a long term aspect? i'm not here to ask faircoop to pump the price,i'm here to say faircoop have the responbility to maintain the reasonable price at freemarket which is bittrex atm(may be slighly lower about 5-10% of 0.05eud  relatively to the price that sell at getfaircoin),this is the key point to proof that faircoop is really a serious business,and this is also very important to convince to the ppl who want to invest/use to buy faircoin at 0.05eud/faircoin with cash(ppl who don`t have bitcoin) or with bitcoin,you just can`t say that you don`t like or feel guilty if buy cheap bc it is just a poor accuse to avoid the burden that you have to face and don`t forget you(faircoop) is the only one who sell faircoin for cash with the open announcement,ppl who buy at your side are not totally cut off from the network informations bc they also have their cellphone or computer that connect to the internet to check the price of the open market.
right now the price on the open market is the pain to be fixed for faircoop,you can`t deny or ignore it if faircoop want to see the success,if faircoop choose to live with the closed market then faircoop is nothing different with the fait system that faircoop don`t trust from the beginning,faircoop may be lack of fund to fix the problem right now but there is still a chance if faircoop willing to set up a plant to fix the price of the open market as the  priority objective,what to fear ppl to get away from faircoin is simply due to the attitude of faircoop ignored the chain reactions that started from open market for nearly 2 years.

one more thing here i would like to point it out is....you no need to terminate the POS(proof of stake)  for imply POC bc it also provide a  security layer of the blockchain,it will far more better for having both POC and POS all together as two layers of security..the interest from POS is also a good way to gain the fund for faircoop for a long term developement and 1.5% is not that much anyway.

1. Faircoop has proven that this price different is not a big pain, because has been developing strongly the ecosystem around faircoin, still with it.

2. The price on bittrex has growth on the last year from less than 0.01 eur, to 0.03 recently (now just to 0.5 BTC) a growth of 300% is not something to be worry about.

3.  FairCoop is doing well. boosting the real use of faircoin.  This create attention at many levels... and some of them goes to bittrex and buy. Thats why the price related official currencies has been growing. So Faircoop dont need to do a different plan than that. Faircoop could buy more or not, depending of many internal factors (First comes to pay coop salaries and exchange to merchants...), but the awareness created for sure involve more and more people buying also in bittrex.

4. In fact a more concrete plan is ready and related to Faircoin 2 launch. There is investors enough for putting the price where is better; just for them the launch is important enough, to wait.

[Jack Liver]

richlist update


Nov 2nd, 2016

http://pastebin.com/HxMjWe4f


Dec 5nd, 2016

http://pastebin.com/SMXvuwRZ


Jan 6th, 2017

http://pastebin.com/SHRzttKb

[smartaction]

richlist update


Nov 2nd, 2016

http://pastebin.com/HxMjWe4f


Dec 5nd, 2016

http://pastebin.com/SMXvuwRZ


Jan 6th, 2017

http://pastebin.com/SHRzttKb

Thanks. two, not commented, new address in top 100 since last update is this one:  fYCpjVPxZVwUEtzfxMg9YbhwXUQnpaUCuD
which belongs to bittrex (156283.743 )
and this one:  fKKtZQ6pReoQGLExcrf6jkWY1fErsYXPHv  (100000)  one investor from faircoop

[HI-TEC99]

4. In fact a more concrete plan is ready and related to Faircoin 2 launch.

When will Faircoin 2 be launching, or has it already launched?

[smartaction]

4. In fact a more concrete plan is ready and related to Faircoin 2 launch.

When will Faircoin 2 be launching, or has it already launched?

Not still launched!

We will have the source ready for betatesting and p2p review on next week, and this will help to make soon an ETA
Also a blog will be published on the coming days with technical updates

[HI-TEC99]

4. In fact a more concrete plan is ready and related to Faircoin 2 launch.

When will Faircoin 2 be launching, or has it already launched?

Not still launched!

We will have the source ready for betatesting and p2p review on next week, and this will help to make soon an ETA
Also a blog will be published on the coming days with technical updates

Can you estimate the minimum time it will take to launch Faircoin 2 if there are no problems with the betatesting and p2p review?

I'm trying to work out the minimum possible time I have left to buy in before Faircoin 2 launches.

[smartaction]

4. In fact a more concrete plan is ready and related to Faircoin 2 launch.

When will Faircoin 2 be launching, or has it already launched?

Not still launched!

We will have the source ready for betatesting and p2p review on next week, and this will help to make soon an ETA
Also a blog will be published on the coming days with technical updates

Can you estimate the minimum time it will take to launch Faircoin 2 if there are no problems with the betatesting and p2p review?

I'm trying to work out the minimum possible time I have left to buy in before Faircoin 2 launches.

I could estimate one month, minimal if all works smoothly, but will be more sure, when we say an ETA

[Jack Liver]

the beta phase is starting ? 

Commit Summary

- implemented basic schnorr signing infrastucture
- major schnorr implementation work
- added missing field to CBlockIndex
- implemented verification support for partial Schnorr signatures
- Partial verification: We can not rely on R.y being odd if the nonce was
- added message signature to PartialSchnorSig messages
- Implemented nonce pools

https://github.com/faircoin/faircoin2/pull/6

[smartaction]

the beta phase is starting ? 

Commit Summary

- implemented basic schnorr signing infrastucture
- major schnorr implementation work
- added missing field to CBlockIndex
- implemented verification support for partial Schnorr signatures
- Partial verification: We can not rely on R.y being odd if the nonce was
- added message signature to PartialSchnorSig messages
- Implemented nonce pools

https://github.com/faircoin/faircoin2/pull/6

This looks as a important previous step, then when the test network becomes updated to schnoor signatures, we will be able to say that
is full betatesting situation.

[idandeal]

Enric please publish some news

[logictense]

4. In fact a more concrete plan is ready and related to Faircoin 2 launch.

When will Faircoin 2 be launching, or has it already launched?

Not still launched!

We will have the source ready for betatesting and p2p review on next week, and this will help to make soon an ETA
Also a blog will be published on the coming days with technical updates

Can you estimate the minimum time it will take to launch Faircoin 2 if there are no problems with the betatesting and p2p review?

I'm trying to work out the minimum possible time I have left to buy in before Faircoin 2 launches.

I could estimate one month, minimal if all works smoothly, but will be more sure, when we say an ETA

I see it taking 4 years. FFS do u really think that 1 month is enough to move out of ur buddy's basement and get a full time job.

[smartaction]

Enric please publish some news

This week we are going to have updates about faircoin 2, as the code is becoming ready. Keep pending!

[smartaction]

This are the final numbers of the Fairpay campaign (provisonal because still some late payment could be received)

173 completed orders. 49 of them in faircoins, 114 in other currencies.

Charged 98760 Faircoins in fairpay. With around 3490 euros received and 28960 faircoins

[smartaction]

Enric please publish some news

This week we are going to have updates about faircoin 2, as the code is becoming ready. Keep pending!

Code of Faircoin 2, has been updated with the Faircoin signatures token (fasito)
this opensource device goes in the place of smartcard that was in the whitepaper, creating a final design full open source

https://github.com/faircoin/Fasito

With this add on, that follow the schnoor signatures added few days ago, the code becomes ready for betatesting,
The CVN nodes who joined for testing will be upgraded in the coming days

[samuraijin]

providing advice to get trading sites faircoin