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Author Topic: [ANN][FLEX] Flexiblecoin |New Block Reward Structure|Bittrex, Cryptsy  (Read 95164 times)
techlover (OP)
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August 25, 2014, 06:41:24 PM
Last edit: October 02, 2014, 07:18:48 PM by techlover
 #1

Recent update on the new project of Flexible Science:
https://bitcointalk.org/index.php?topic=756565.898






Flexiblecoin-FLEX  Innovation a Head

About Us:
In the past 5 years, cryptocurrency has achieved significant success, and the current market capital  have reached 6-7 Billion USD. Despite fast development, we believe cryptocurrency is still in its infancy, quite similar with the internet in the late 1990s, and there are still enormous opportunities in it. We are a group of masters and Ph.Ds working in Computer Science and Electrical Engineering majors, who have experience in cryptocurrency for 1-2 years in terms of mining. Now we believe we have made fully preparation and have decided to launch our own cryptocurrency.The coin is named "Flexible Coin" because one of the developer is a PhD developing Flexible electronics. Flexible electronics, also known as flex circuits, is a technology for assembling electronic circuits by mounting electronic devices on flexible plastic substrates, such as polyimide, PEEK or transparent conductive polyester film (definition by Wikipedia). It is a new technology which has been adopted by quite a few companies, in terms of flexible display, flexible integrated circuit, etc. and more research are done in Universities. We want to catch this trend to launch a coin named "Flexible Coin".





PoW Algorithm: X15
PoW + PoS hybrid
Confirmations for blocks to mature: 30
Re-target difficulty each block
PoW Total Blocks: 15,000 PoW blocks
Total coins: 130,000,000 FLEX
60 second block time
PoW block reward: The latest block Number
Transaction confirmations: 3
PoS Interest: 10%
PoS Min Age: 24 hrs
PoS Max age: No limit
PoS starts after 15000 Blocks
Premine: 1% of total PoW supply (For Future development and Bounties)

RPC port:22554
P2P port:22555



Block Reward Structure:

The block reward will be the Number of Last Best block found , for example if the latest block number is 500 , the block reward for the next block is 500 FLEX.This reward structure is only for POW .
We can check the sum of POW- Coins mined till now by n(n+1)/2 where "n" is the block number, we also have a statistics page in our wallet to check the coins for each block





















https://lazycoins.com/trade#flex-btc
https://btc-market.org/?Pair=FLEX_BTC
https://www.bitstreet.in/trade/BTC/FLEX












Proof-of-Developer (POD)



http://cryptoasian.com/flex-flexiblecoin/

Block Explorer:
https://chainz.cryptoid.info/flex/

IRC channel:

1. Built in chatting tool in wallet
2. ##Flexiblecoin on freenode IRC: http://webchat.freenode.net/

Bounties:

Logo - 25000 Flex
Video - 50000 FLEX
Web design - 50000 FLEX
Web wallet - 50000 FLEX
Android Wallet - 200000 FLEX


Price Chart:
https://www.cryptonator.com/rates/FLEX-BTC

Premine:
Premine block address to generate 1.3 Milion FLEX: FGRq4e5eiydqroAnwCn2j5f9xcy5sACXxQ  

650K FLEX was moved to F8f4zFkZCWDFmWzSyPQt7DqMkQNxW18uWb,
and these 650K FLEX is further moved to FJfui9HUiRWhDrcWA3GGDvyaBCuGXXQVvP
All of them have been done in the first 24 hours after launch.

Bounty paid out to date:

30k FLEX was paid for bounty of translation (in the beginning we released bounty for translation of 10k for each translation, because there are too many translations, we decided to remove the bounty, but before we remove, some people already claim the bounty), they are paid out from FGRq4e5eiydqroAnwCn2j5f9xcy5sACXxQ

1k FLEX was paid for the Mac wallet (initially we didn't set up this bounty, but because the forum member helped us, we provided 1k FLEX to him (I also told him that we are sorry we cannot provide more because we didn't list in the bounty list and we use the premine for future projects)), The 1k FLEX was paid out from FJfui9HUiRWhDrcWA3GGDvyaBCuGXXQVvP

Currently there are two address that stores premine

1st: FGRq4e5eiydqroAnwCn2j5f9xcy5sACXxQ (held by Varun)
2nd: FApbSYB5XKTj95sLSVTE5ucihQtH8g5G5k (held by me)

p.s. Initially my coins are stored in FJfui9HUiRWhDrcWA3GGDvyaBCuGXXQVvP, when I sent 1k FLEX bounty for Mac Wallet, it automatically moves to FSPqRg5QNZyZKzseQRfBcz4L8hLJPkrt4n, and I forgot to update it last time.
Sept. 17, 2014, I send out 25,000 bounty for Logo design, and the premine address change from FSPqRg5QNZyZKzseQRfBcz4L8hLJPkrt4n to FApbSYB5XKTj95sLSVTE5ucihQtH8g5G5k
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August 25, 2014, 06:46:57 PM
 #2

Interesting reward structure in mining, the big blocks is in the end of POW, look forward to the launch

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August 25, 2014, 06:49:00 PM
 #3

will be there at launch
milan74
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August 25, 2014, 06:53:41 PM
 #4

quote: We are a group of masters and Ph.Ds working in Computer Science and Electrical Enginnering majors, who have experience in cryptocurrency for 1-2 years in terms of mining.

I hope you guys will bring some innovations in the coin in the short term.

Gonna get solo some blocks are launch.
btc_mylove
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August 25, 2014, 06:56:32 PM
 #5

Marked in calendar, any pools going to setup at launch?
techlover (OP)
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August 25, 2014, 07:00:31 PM
 #6

quote: We are a group of masters and Ph.Ds working in Computer Science and Electrical Enginnering majors, who have experience in cryptocurrency for 1-2 years in terms of mining.

I hope you guys will bring some innovations in the coin in the short term.

Gonna get solo some blocks are launch.

The reward structure we planned is Innovative , we want to be different

and about mining , as the initial block reward is low , we can prevent Big SOLO Miners .... Smiley

Our idea was the More you mine the Better is your reward Smiley
Mark synclair
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August 25, 2014, 07:10:06 PM
 #7

quote: We are a group of masters and Ph.Ds working in Computer Science and Electrical Enginnering majors, who have experience in cryptocurrency for 1-2 years in terms of mining.

I hope you guys will bring some innovations in the coin in the short term.

Gonna get solo some blocks are launch.

The reward structure we planned is Innovative , we want to be different

and about mining , as the initial block reward is low , we can prevent Big SOLO Miners .... Smiley

Our idea was the More you mine the Better is your reward Smiley

looks interesting , you have proved that you guys are different , but you have to be like this in future too.

anyways waiting for the launch
milan74
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August 25, 2014, 07:11:09 PM
 #8

quote: We are a group of masters and Ph.Ds working in Computer Science and Electrical Enginnering majors, who have experience in cryptocurrency for 1-2 years in terms of mining.

I hope you guys will bring some innovations in the coin in the short term.

Gonna get solo some blocks are launch.

The reward structure we planned is Innovative , we want to be different

and about mining , as the initial block reward is low , we can prevent Big SOLO Miners .... Smiley

Our idea was the More you mine the Better is your reward Smiley

Yes, I get it, i just like the feeling of solo, because i am a small miner. Maybe I will rent some of the hash at the end of PoW.

The other day i saw the cellphones and tablets are flexible, i found a youtube link here
http://www.youtube.com/watch?v=MKG7XRsG9KQ

I hope you can get a real coin which can be flexible Grin
techlover (OP)
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August 25, 2014, 07:18:05 PM
 #9

quote: We are a group of masters and Ph.Ds working in Computer Science and Electrical Enginnering majors, who have experience in cryptocurrency for 1-2 years in terms of mining.

I hope you guys will bring some innovations in the coin in the short term.

Gonna get solo some blocks are launch.

The reward structure we planned is Innovative , we want to be different

and about mining , as the initial block reward is low , we can prevent Big SOLO Miners .... Smiley

Our idea was the More you mine the Better is your reward Smiley

Yes, I get it, i just like the feeling of solo, because i am a small miner. Maybe I will rent some of the hash at the end of PoW.

The other day i saw the cellphones and tablets are flexible, i found a youtube link here
http://www.youtube.com/watch?v=MKG7XRsG9KQ

I hope you can get a real coin which can be flexible Grin

Thank you for your support ,Hope Our coin is Flexible in this cryptoworld
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August 25, 2014, 08:22:57 PM
 #10

nice, a new coin by someone that's not a newbie account.   Grin

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August 25, 2014, 08:36:55 PM
 #11

I think afret so much scam , we enter in new era where the Devs dont hide their actual accounts...
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August 25, 2014, 08:38:34 PM
 #12


Vote now on Cryptoine exchange:
https://cryptoine.com/voting#FLEX


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August 25, 2014, 08:40:37 PM
 #13

I'll be here, how would we be able to mine this coin by cpu, can anyone please tell me?

Cryptocurrencyboard.com Dedicated to helping cryptocurrency newcomers.
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August 25, 2014, 08:43:33 PM
 #14

I can help develop a website, I'll need some graphic help though.

techlover (OP)
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August 25, 2014, 08:45:45 PM
 #15

I'll be here, how would we be able to mine this coin by cpu, can anyone please tell me?

Please use this cpu miner:
https://www.dropbox.com/s/hnleulsps90opt9/miner.rar
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August 25, 2014, 08:48:32 PM
 #16

I'll be here, how would we be able to mine this coin by cpu, can anyone please tell me?

Please use this cpu miner:
https://www.dropbox.com/s/hnleulsps90opt9/miner.rar

Thanks. Whats the difference between corei7 and fx??

Also I can setup a forum for FLEX here: http://coinpeers.com
I'll have a section dedicated to it.

Cryptocurrencyboard.com Dedicated to helping cryptocurrency newcomers.
techlover (OP)
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August 25, 2014, 08:51:14 PM
 #17

I'll be here, how would we be able to mine this coin by cpu, can anyone please tell me?

Please use this cpu miner:
https://www.dropbox.com/s/hnleulsps90opt9/miner.rar

Thanks. Whats the difference between corei7 and fx??

Also I can setup a forum for FLEX here: http://coinpeers.com
I'll have a section dedicated to it.

Thanks, if you have Intel CPU, please use corei7, and if you have AMD cpu, please use the fx.
thank you for the forum
techlover (OP)
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August 25, 2014, 08:52:22 PM
 #18

I'll be adding a Pool for this coin too, URL @ Twitter, Poolspage (see sig).

I'll add a Countdown to my Pool shortly too, would be cool if the Dev could add the Pool to the OP and check if the countdown is correct

Thank you for your support!
I will add it after you set it up.
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August 25, 2014, 08:53:26 PM
 #19

I'll be adding a Pool for this coin too, URL @ Twitter, Poolspage (see sig).

I'll add a Countdown to my Pool shortly too, would be cool if the Dev could add the Pool to the OP and check if the countdown is correct

Thank you for your support!
I will add it after you set it up.

it is already set up and i've just added the countdown Smiley

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techlover (OP)
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August 25, 2014, 08:56:52 PM
 #20

I'll be adding a Pool for this coin too, URL @ Twitter, Poolspage (see sig).

I'll add a Countdown to my Pool shortly too, would be cool if the Dev could add the Pool to the OP and check if the countdown is correct

Thank you for your support!
I will add it after you set it up.

it is already set up and i've just added the countdown Smiley

Thanks, I post it in the op.
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