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

[Jack Liver]

we can use a multisig address to do this thing ?

[thokon00]

I also feel that the wallet would be a lot more inherently secure.  If it had separate passwords for unlocking the wallet to mint transactions.  And a separate password for unlocking the wallet for sending transactions.  So as that the wallet is not left open insecure and naked when leaving the wallet for long term minting.

i agree with you.
leave the wallet nake for long term minting ,just like put a sheep into a group of wolf

Hi,

leaving the wallet unlocked for minting only does not have a considerable impact on security!

One can not send coins or dump private keys from your wallet. The key pool is decrypted in memory only while the wallet is unlocked. This is needed for minting because the wallet tries to create transactions (2 per second) that basically send coins to it self and adding 3% of interest.

The private key pool is encrypted with your password using the openssl library. It does not provide a way to encrypt private keys with more than one password, therefore it is not possible to have one password for minting and one to transfer coins, because these two processes are mostly identical.

Multisig transaction can not mint, so, this is no solution for this problem (if it exists at all  ).

regs
Thomas

[thokon00]

For linux distros Faircoin should really create repo's with all the dependencies included as well as including the wallet software.  Or at least .DEB's for anything Debian based.

Or at least you should have an install section on the wallet downloads page.  Stating that all flavours of Ubuntu and Debian such as Linux mint plus Raspian as well.  Needs several of the following dependencies installed to run the Linux binary:

Code:

 sudo apt-get install qt4-qmake libqt4-dev build-essential libboost-dev libboost-system-dev \
        libboost-filesystem-dev libboost-program-options-dev libboost-thread-dev \
        libssl-dev libdb++-dev libminiupnpc-dev

It could help a lot of non expert Linux users use the FairCoin wallet.

I agree with you, we should have repos for different distros. In fact I would rather like to bring the FairCoin wallet to the standard repos of ubuntu and debian and provide private repositories for rpm based distros like CentOS, Fedora, Suse or RHEL. This task is on my todo list for some time now. I'd like to complete it mid term.

Ehrm, none of the packages you quoted in your post are needed to run the FairCoin pre-built binaries! This is only a selection of packages that need to be installed if you want to build the walle from source. But I agree, we should have the information on the web page which packages are actually needed to run the binaries for each major Linux distribution. Help is very appreciated here, please post findings here or PM me

regs
Thomas

[smartaction]

Fairtoearth released to bring Faircoin to all the planet

Fairtoearth is a toolkit for doing easier the connection between Faircoin and cash around the world. 

Chip Chap and the technological incubator from Castellón (ESP), Entropy Factory, bring us: Fairtoearth. That initiative has the support of FairCoop, the global cooperative that adopted Faircoin for developing a postcapitalist  planetarian ecosystem. 

Fairtoearth is launched today with  important tools. Up to now it's possible to exchange Faircoin to Euros in 10.000 ATMs in Spain, through the halcash system, with the Android app or the web app. Both are available to download on the web http://fairtoearth.com and are ready to use with the official Faircoin wallet and with the new android wallet integrated in the new app developed by the Chip Chap's team. With this apps and a phone number you will be able to take cash from your nearly ATMs. 

The app for IOS will be available the next week. Also, you will be able to buy Faircoin in 50.000 mexicans shops, thanks the Chip Chap network

The plan of Fairtoearth is established deals with different partners around the world and make it accessible to unbanked collectives without access to bank accounts or a credit card; the excluded, the nobodies.

With Fairtoearth, Faircoin become the second cryptocurrency with the biggest deposits and withdrawals network in Spain and Mexico, and is intended to expand this toolkit worldwide.

For more information:


http://fairtoearth.com
https://play.google.com/store/apps/details?id=com.fairtoearth.app

https://fair.coop/fairtoearth/

[Jack Liver]

I also feel that the wallet would be a lot more inherently secure.  If it had separate passwords for unlocking the wallet to mint transactions.  And a separate password for unlocking the wallet for sending transactions.  So as that the wallet is not left open insecure and naked when leaving the wallet for long term minting.

i agree with you.
leave the wallet nake for long term minting ,just like put a sheep into a group of wolf

Hi,

leaving the wallet unlocked for minting only does not have a considerable impact on security!

One can not send coins or dump private keys from your wallet. The key pool is decrypted in memory only while the wallet is unlocked. This is needed for minting because the wallet tries to create transactions (2 per second) that basically send coins to it self and adding 3% of interest.

The private key pool is encrypted with your password using the openssl library. It does not provide a way to encrypt private keys with more than one password, therefore it is not possible to have one password for minting and one to transfer coins, because these two processes are mostly identical.

Multisig transaction can not mint, so, this is no solution for this problem (if it exists at all  ).

regs
Thomas

i think they refer to a possibility that someone could access to your machine via ssh and steal from unlocked wallet, same can happen via RPC but both problems are security issue always due to a weak passwords

[matthewh3]

For linux distros Faircoin should really create repo's with all the dependencies included as well as including the wallet software.  Or at least .DEB's for anything Debian based.

Or at least you should have an install section on the wallet downloads page.  Stating that all flavours of Ubuntu and Debian such as Linux mint plus Raspian as well.  Needs several of the following dependencies installed to run the Linux binary:

Code:

 sudo apt-get install qt4-qmake libqt4-dev build-essential libboost-dev libboost-system-dev \
        libboost-filesystem-dev libboost-program-options-dev libboost-thread-dev \
        libssl-dev libdb++-dev libminiupnpc-dev

It could help a lot of non expert Linux users use the FairCoin wallet.

I agree with you, we should have repos for different distros. In fact I would rather like to bring the FairCoin wallet to the standard repos of ubuntu and debian and provide private repositories for rpm based distros like CentOS, Fedora, Suse or RHEL. This task is on my todo list for some time now. I'd like to complete it mid term.

Ehrm, none of the packages you quoted in your post are needed to run the FairCoin pre-built binaries! This is only a selection of packages that need to be installed if you want to build the walle from source. But I agree, we should have the information on the web page which packages are actually needed to run the binaries for each major Linux distribution. Help is very appreciated here, please post findings here or PM me

regs
Thomas

I had a fresh install of Xubuntu 14.04.2 and the binary would not work until I installed the above packages.  Although I know not all the packages were needed.  Try it yourself on a fresh install the binary will not work out of the box.  Nor is there any clear easy to find documentation on what packages are needed to run the binary on a default installation.  None expert and new Linux users would really struggle and most would give up trying to run the wallet.

I also feel that the wallet would be a lot more inherently secure.  If it had separate passwords for unlocking the wallet to mint transactions.  And a separate password for unlocking the wallet for sending transactions.  So as that the wallet is not left open insecure and naked when leaving the wallet for long term minting.

i agree with you.
leave the wallet nake for long term minting ,just like put a sheep into a group of wolf

Hi,

leaving the wallet unlocked for minting only does not have a considerable impact on security!

One can not send coins or dump private keys from your wallet. The key pool is decrypted in memory only while the wallet is unlocked. This is needed for minting because the wallet tries to create transactions (2 per second) that basically send coins to it self and adding 3% of interest.

The private key pool is encrypted with your password using the openssl library. It does not provide a way to encrypt private keys with more than one password, therefore it is not possible to have one password for minting and one to transfer coins, because these two processes are mostly identical.

Multisig transaction can not mint, so, this is no solution for this problem (if it exists at all  ).

regs
Thomas

Anyone with physical or remote access to your machine would be able to make transactions and empty your wallet without the need of the password.  I think that is the major concern that most people were highlighting.  Also if a machine was infected with malware it would be a lot easier to steal the coins if the wallet was unlocked for minting.

[smartaction]

Fairtoearth released to bring Faircoin to all the planet

Fairtoearth is a toolkit for doing easier the connection between Faircoin and cash around the world. 

Chip Chap and the technological incubator from Castellón (ESP), Entropy Factory, bring us: Fairtoearth. That initiative has the support of FairCoop, the global cooperative that adopted Faircoin for developing a postcapitalist  planetarian ecosystem. 

Fairtoearth is launched today with  important tools. Up to now it's possible to exchange Faircoin to Euros in 10.000 ATMs in Spain, through the halcash system, with the Android app or the web app. Both are available to download on the web http://fairtoearth.com and are ready to use with the official Faircoin wallet and with the new android wallet integrated in the new app developed by the Chip Chap's team. With this apps and a phone number you will be able to take cash from your nearly ATMs. 

The app for IOS will be available the next week. Also, you will be able to buy Faircoin in 50.000 mexicans shops, thanks the Chip Chap network

The plan of Fairtoearth is established deals with different partners around the world and make it accessible to unbanked collectives without access to bank accounts or a credit card; the excluded, the nobodies.

With Fairtoearth, Faircoin become the second cryptocurrency with the biggest deposits and withdrawals network in Spain and Mexico, and is intended to expand this toolkit worldwide.

For more information:


http://fairtoearth.com
https://play.google.com/store/apps/details?id=com.fairtoearth.app

https://fair.coop/fairtoearth/

I had  misundestanding with the developers, so the wallet is not yet integrated in the android app. It will be in two or three days
and i will wait until then for bigger sharing. Anyway with the webapp is working fine.

[thokon00]

@matthewh3, I was convinced that it was not possible to transfer coins without supplying the password again when the wallet is locked for minting only. As the name implies, that is the actual behaviour one expects. But, as I learned now this is not the case. I consider this as a bug. I will change this as soon as possible.

The packages you installed are development pages only, but they in turn have dependencies to the right packages, that's the reason why it worked at your side...
But anyway, I will start top make progress in that field too and come up with proper documentation and/or packages for various distros.

regs
Thomas

[smartaction]

We will have the first ever talks in London. We have the 2nd FLOSS4P2P Workshop on Monday, but have also found a venue for a Saturday evening talk: the 56a Infoshop Social Centre, “London a radical social centre and bookshop since 1991″ http://www.56a.org.uk/

Anarchist Social Centre, with bookshop, squat info, records, zines, radical archive, book exchange. Shares space with Fareshares whole foods coop and DIY bicycle repair workshop.

Will be from 7pm on Saturday 14

and this is the link for the monday event  FLOSS4P2P : http://p2pvalue.eu/floss4p2p-workshop-agenda
(this second only for people registered)

[smartaction]

Some cofounders of Ouishare.net, one of the global leading organization of the sharing economy, bought a good amount of Faircoin to support Faircoop
https://www.facebook.com/moodeo/posts/10205729548412011?pnref=story

the faircoop network continue growing 

[smartaction]

http://Fairtoearth.com/ is coming to Poland very soon.. We need a polish translator or corrector to help tu put the page and the app also in polish!

[Mandy1749]

http://Fairtoearth.com/ is coming to Poland very soon.. We need a polish translator or corrector to help tu put the page and the app also in polish!

guys
the link here is wrong
on this page:http://fairtoearth.com/#contact
you should check the link of the chip chap logo.
it should be http://www.chip-chap.com/   ,but it is hhttp://www.chip-chap.com/ now.

[shaan.is.one]

Fair coins can get unfair..

[smartaction]

http://Fairtoearth.com/ is coming to Poland very soon.. We need a polish translator or corrector to help tu put the page and the app also in polish!

guys
the link here is wrong
on this page:http://fairtoearth.com/#contact
you should check the link of the chip chap logo.
it should be http://www.chip-chap.com/   ,but it is hhttp://www.chip-chap.com/ now.

corrected, thanks!

[smartaction]

This is the London weekend for FairCoop!! 

Yesterday the publical presentation was great ->  https://fair.coop/social-network/p/6722/

Today Bauwens talked about Faircoop in the futureFest -> https://twitter.com/fredgarnett/status/577058040060444672

Tomorrow Faircoop will be present at the FLOSS workshops ->  https://twitter.com/Fair_Coop/status/577166709506908160

[smartaction]

Hello all!

Due the devaluation of Euro, the growing of bitcoin and the consolidation of the range 2100 – 2400 satoshis, between faircoin and bitcoin in bittrex. we have moved the price in getfaircoin.net from 1 € = 165 FAIR to 1€ = 150 FAIR

have a nice week!

[Jack Liver]

in this moment there are 100733 blocks

https://chain.fair-coin.org/rt/connected-nodes.html

i don't see any node at that height and with more than 7 active connection i can't sync 

[thokon00]

in this moment there are 100733 blocks

https://chain.fair-coin.org/rt/connected-nodes.html

i don't see any node at that height and with more than 7 active connection i can't sync 

Hi Jack,

everything is fine with the FairCoin network! What you see in the connected node list is the starting height of the node when it connected to chain.fair-coin.org. So it's not the height that node is currently at.

Nevertheless, some times I can take several minutes until the wallet is in sync depending on the structure of you peers.dat file. If you want to speed things up: stop the client, delete peers.dat and start again. The wallet will be in sync in no time.

Anyway, thanks for reporting a potential problem. 

regs
Thomas

P.S. if your problem persists PM me and I will help to sort things out

[Jack Liver]

no sync for whole day, solved with the redownload of blockchain, the warning about an old checkpoint is gone away. 

[drakandar]

Hello all!

Due the devaluation of Euro, the growing of bitcoin and the consolidation of the range 2100 – 2400 satoshis, between faircoin and bitcoin in bittrex. we have moved the price in getfaircoin.net from 1 € = 165 FAIR to 1€ = 150 FAIR

have a nice week!

I read 'devastation of Euro' instead of 'devaluation of Euro'
Might have something to do with ECB creating money out of thin air and banks starting to put negative interest rates on peoples savings while still making bigtime money on mortgage loans...