[ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund)

[Arcurus]

Where are the devs of this coin?

the devs are currently pulled into the sidechain and freimarket project and bitcoin core development. good for bitcoin

[1714155947]

1714155947

[1714155947]

1714155947

[Arcurus]

estimated altcoin inflation or total supply over the next 10 years?

coincap 100 million
demurrage / redistribution around 5% per year  
so ideally no inflation just demurrage, once block 170.000 or so is reached

http://freico.in/static/images/how/coins_in_distribution.png

Currently we are around at block 131.000:
https://coinplorer.com/FRC/

with target blocktime:
600 seconds

coincap its reached in around 277 days

please correct me if I am wrong

(80% from the initial coins go to a foundation, which gives out coins to projects for donation matching)
http://foundation.freicoin.org/#/

[sawa]

p2pool FRC: http://crypto.office-on-the.net:8641

[cinnamon_carter]

difficulty has been fairly low, i would just go solo

[TheLittleDuke]

Anyone still holding this coin interested in swapping it for 2GIVE?

http://bit.ly/2GiveCoin

Main site:

http://2Give.Info

ASIC/GPU/POOL resistant and on three exchanges (including Bittrex!)

[loomdart]

If anyone wants to sell any freicoin OTC send me a dm

[scatha]

Just in case anyone is looking for an exchange- it's here:

https://freiexchange.com

[MisterMerci]

[fredericos]

I think this one can be a good buy.
It will rise at some point, better take position.

[danfos88]

Where are the devs of this coin?

the devs are currently pulled into the sidechain and freimarket project and bitcoin core development. good for bitcoin

Can someone explain what are the advantages and disadvantaves .
Just judging by the team , other Coin seems superiour . More features , already more resources for development funding, etc .

[fredericos]

Of course, but this price is super low.
With future developement it can be good, right now not so much.

Things are cooking behind the scenes though, take a look at the freiexchange that someone linked above, its pretty neat.
Also there are other news coming shortly.

[fredericos]

Over one million FRC for sale at freiexchange for 135 sat, easy way for someone to aquire a significant amount without pumping the price

[Skaro]

(I take the liberty of making this unofficial announcement that Freicoin with its developers is back...)

Fast forward to 2017: the rebirth of Freicoin.


Over this last year, Bitcoin users have been paying on average (and this is a low estimate) of 175 BTC in fees per day. That’s about 4% per year. Also, mining rewards have increased the money supply by another 4% approximately. The crypt-currency trade exchanges are ripe with speculation. With this increasing use of Bitcoin and gross speculation around most crypto currencies, Freicoin’s demurrage and zero-inflation features are being more appreciated. Remember it’s a real-world solution that was used by FDR in Stamp Scrips and others.

This year, the Freicoin community members have created their own exchange and modified Abe (a database based program emulating an explorer) to account for the demurrage accounting.

Just recently, the developers have become more present in the Freicoin community, with both Jorge Timon and Mark Friedenbach announcing  renewed commitments to the project. This commitment is in the old-school volunteer sort of way, so there are no ICOs etc. This commitment is about bringing the technology BlockStream invented into Freicoin, as well as features such as confidential assets from the Elements Project.

Also, the developers suggested ending the Foundation. Only about 5% of the Foundation funds were ever circulated and no basic income project was ever created. The Foundation just looked like a central bank ready to be robbed. The decision was made to end the Foundation. The community voted on how to do this. It was decided to honour its present commitments but destroy the remaining Foundation funds.

Freicoin is back. Ready, set, Go!

[scatha]

Okay. Point me to some nodes, please.

[Skaro]

Website: http://freico.in/
Exchange: https://freiexchange.com/
Explorer: https://freicoin.info/

[fedde]

Website: http://freico.in/
Exchange: https://freiexchange.com/
Explorer: https://freicoin.info/

Mining :
https://freicoinpool.com
http://alfa.sicanet.net:9638/static/   - p2pool

[remistevens]

Hi. I’m starting a list of the oldest cryptos. For now I’m maintaining the list on a bitcointalk thread but will eventually host a website. Hoping to add value to old coins by making the age rankings easy to look up.

Offering $20 in crypto bounty for additions/corrections. I want it to be accurate, but I’m sure I’ve made mistakes so could use your help please.

Thread with the list and details is here:
https://bitcointalk.org/index.php?topic=2019145.msg20120985#msg20120985

[danniel]

is this coin still alive

[Skaro]

Hardly dead! No!  It was a dead coin and is now being resuscitated!

BlockStream founders are now back on their original Freicoin project (in their spare time). #SegWit and #Lightening and confidential transactions all coming to #Freicoin.
Freiexchange.com

Freicoin, created in 2012, was the crypto currency designed to discourage speculation and reduce the influence money can have on the economy...!!!


Current situation, more info here:

https://steemit.com/freicoin/@freeskaro/something-interesting-is-happening-in-the-little-corner-of-the-crypto-world-that-is-freicoin

[weatherlysolemn]

 Is there approximate figure on profiits since founding?