[ANN][FLT] Fluttercoin Ƹ̵̡Ӝ̵̨̄Ʒ | Proof of Transaction 3.0 | Update v0.7.5.22

[deamon]

Thanks for the great work to all involved and the flutterteam!
Allways nice to read some good news about the original staker...

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[ofeefee]

got a little something something for you guys...we are getting back online!

https://dl.dropboxusercontent.com/u/107300/Capture.JPG

[pille]

You better get some flutter now!

[ofeefee]

Well, it looks good, but see where it settles.  I expect some profit taking, but let's see how well we hold up.  I know my coins are not at cryptsy for sale.

[soltantgris]

Well, it looks good, but see where it settles.  I expect some profit taking, but let's see how well we hold up.  I know my coins are not at cryptsy for sale.

I can say that if my infos are good (and I'm confident it is), this is not a PnD, or a try to move the price up to take profit.  Don't put your house on it - but it's external new players, and believe me I'll do my best to reach them and have them becoming raving FLT fans

Indeed, interesting time for us.

With BTC so low, it's easy to get a good position in FLT.  And FLT is now one of the most actively developing coin in cryptos.  So win-win.

[Bitcoinspiros]

why aren't you getting FLT back on Bittrex a exchange where there are BTC. Because on Polo and Cryptsy the trading volume is low.

[soltantgris]

One technical question, why is staking rewards going down so dramatically fast?
Now its 4.7% last month it was 7.2% and the month before it was 8.3%
Is it going to be 2% or less next month and finally flat out to zero in near future?

Very good question - and Derek can answer it much better then me, but in short, when there is more block staking, the PoS difficulty rise, the reward get down.  It's obviously less lucrative for stakers, but a very good thing for Fluttercoin overall (reduct inflation rate, control supply).  And even 2% is huge - it is 24% annually ! 

And Soomster, very good post the other day - happy you hit the 1 000 000 mark !

[soltantgris]

why aren't you getting FLT back on Bittrex a exchange where there are BTC. Because on Polo and Cryptsy the trading volume is low.

When traders will ask for it, it will happen.  For now - there is some momentum growing at Cryptsy (FLT 8th in volume the last 24h) alongside Blackcoin and others coins - and we expect this momentum to grow further.

Fluttercoin is clearly one of the best coin in cryptos - because it is supported by a strong community and wise - motivated devs.  While the alt scene is a bit depressing, we kept our focus on our clear goals - and we knew that soon or later, external investors and traders would jump in.  When it will be enough action, Bittrex will add back FLT, without any notice.

[ofeefee]

One technical question, why is staking rewards going down so dramatically fast?
Now its 4.7% last month it was 7.2% and the month before it was 8.3%
Is it going to be 2% or less next month and finally flat out to zero in near future?

Very good question - and Derek can answer it much better then me, but in short, when there is more block staking, the PoS difficulty rise, the reward get down.  It's obviously less lucrative for stakers, but a very good thing for Fluttercoin overall (reduct inflation rate, control supply).  And even 2% is huge - it is 24% annually ! 

And Soomster, very good post the other day - happy you hit the 1 000 000 mark !

Fluttercoin utilizes dynamic interest.  As more blocks are participating in the staking process the diff rises and the interest adjusts appropriately.

[MarSas]

Two computers, two wallets, just one IP. Freeflutter goes just to one wallet?

[soltantgris]

I forwarded your question to the Skype group.

[kizeren]

Two computers, two wallets, just one IP. Freeflutter goes just to one wallet?

Yes, only one wallet per IP is allowed to request freeflutter.
This is not completely set in stone just yet.

[ofeefee]

threw a brick in the air, shouldn't matter because a brick is just a brick, dark days, darker nights, found my way down the hall without a light because I flow!

[ofeefee]

http://fluttercointalk.com/showthread.php?347-Lottery-(idea)

[ofeefee]

I see an increase in protocol 70009 clients, it is VERY important that you run current clients, version 0.4.5.7 is being phased out, new clients will NOT communicate with them.  That version is 6+ months old now and should not be run.  I expect this i related to our coin information being incorrect at cryptsy pointing at the old github.

Download latest versions at fluttercoin.us

--o

[ofeefee]

Looks like some put some new links up, found this little jewel!

http://fluttercoin.us/superflutter/

[ofeefee]

Android wallet is relaunched on Google Play!

https://play.google.com/store/apps/details?id=com.cryptonite.fluttercoin.droidwallet

[andy35]

Android wallet is relaunched on Google Play!

https://play.google.com/store/apps/details?id=com.cryptonite.fluttercoin.droidwallet

Good, we should all send something to the bounty fund in gratitude for this.

[soltantgris]

Well done Flutter's !

[rudarSRB]

Great work as always!