I am thinking of getting back into this thing.
Where is it now that cryptsy crapped itself?
Best posts made by zerodrama
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How goes long time no see
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Is feathercoin ready for the latest Openssl?
Openssl had a change and it causes problems in Bitcoin. The update can invalidate the chain.
Does ftc have that issue? I’d like to update my packages on Linux, but that stops me from doing so.
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RE: Difficulty Discussion - Fork Update - Bushstar
[quote name=“thep33t” post=“2276” timestamp=“1368210293”]
[quote author=Bushstar link=topic=363.msg2230#msg2230 date=1368203680]
Let’s talk about difficulty. There are a lot of people who are keen to see a technical change to the way that difficulty is handled. These requests are down to Feathercoin being at a high difficulty compared to the amount of hash power on the network.One proposal is a difficulty adjust every 504 blocks and at a difference of 40% maximum.
There have been some interesting suggestions put forward that would take more time to implement and test than it would take for us to get out of the current high difficulty. Perhaps the solution is an involved one and will not be seen soon.
Miners are important but there is already a lot of coins in circulation. A dry spell in new coins does not mean the end of the coin. So do not get too worried about this.
[/quote]Even if a fix takes longer to implement than this current difficulty spell, what about the next one, or the one after that?
If FTC stays somewhat valuable, this will continue.
I think it is worth investigating fixes -whether or not they get implemented is ultimately up to the populus.
[quote author=zerodrama link=topic=363.msg2270#msg2270 date=1368209712]
the problem is solved. give-me-ltc is the most trusted ltc pool and now give-me-ftc exists.there is no code change needed. we just needed to make our case.
trust me on this.
send everybody to serraz’s give-me-ftc.com pool. he has anti ddos measures, security measures. not just a fly by night shop.
[/quote]How exactly will this fix anything with the difficulty/transfer time. Solo Mine, pool Mine, whatever, diff is still the same. Transactions do not go any faster there vs. any other pool.
[/quote]Give me ltc miners are the most dedicated miners you will find and they DO NOT come in here threatening and throwing their weight around. They will switch over to the ftc pool quickly.
We don’t need miners on power trips. We need people who actually care. Serraz’s customers are the best customers.
And serraz’s pool uses 10 confirms not 120.
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RE: The History of Feathercoin
PR for whom?
The purpose of a forum is to serve the needs of the forum.
That means understanding and preventing BS like UNOCs.
Remember when BTC ppl discussed sketchy crap in secret.
Let’s not be in secret.
@mirrax -
Feathercoin aka Fathercoin aka Featurecoin
We need a new forum, market, localcoin, exchange concept.
We’re guilty of what I call hype stabbing or neon marketing. Having a market, forum, local meet, and exchange doesn’t work if the coin is the main feature rather than a convenience. Some of us want feathercoin to rocket and be money. It won’t be global money, but it can be an alternative to StompCoin (LTC vs DOGE) and Foundation Schmuckery Coin (BTC, tainting, scenario leaks). The function of money for Feathercoin would be to remain independent of the passive progress mentality in most established coins.
We started as a self directed group and we came together to compete with other coins. It’s time we took that idea into another direction. There’s nearly 1000 coins now. Competition is everywhere. We need to stand on different ground now.
Homework assignment: What ordinary everyday forgettable activity supported by fiat would you like to see supported by FTC? Don’t try to impress or dazzle. Pick something that you do frequently or that you enjoy and tell the rest of us about it. Short term projects doable by 4 to 8 people in say a day to a week maximum.
Now with that out of the way: We need to turn the forum into a blog space. Maybe have a custom reddit like environment. The front page would be a digest of things that are happening in the community pulled from the subs.
I imagine four kinds of spaces:
Main forum for tech, community, mutual support, and policy.
Feathercoin supported meta market and projects.
Mutual exchange non-coin supported barter and projects.
Personal or community blog.
I would prefer a loosely knit decentralized system like pump.io with a reddit like feel. Main section would be centralized, feathercoin section would be reddit like but decentralized. Mutual exchange would be a cross between reddit and wordpress also decentralized. Personal or community blogs would have widgets allowing two way interaction between them and the other three parts.
Feathercoin needs to make things easier, but the purpose of a market should be to buy and sell, not promote FTC. Maybe accepting LTC and BTC is a bit scary considering the hostility, but at the very least it should offer a jobs section if FTC will be prominent.
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Prediction: Changing the hashing algorithm will bog down the majority of coins
The result will be Bitcoin flying way past.
I have some ideas. These involve things people want.
The hash algo discussion is worth the time though.
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RE: Feathercoin aka Fathercoin aka Featurecoin
I’m the same with reddit. I don’t find it natural to follow.
That’s because the front page is a mess. I know how to fix that. We would have a main section with a dynamic front page.
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RE: Feathercoin aka Fathercoin aka Featurecoin
but not reddit feel please :(
always get lost on reddit and don’t understand the reputation system there.
For me reddit is discouraging to post anything
Reddit reputation system: You get a point every time someone upvotes your post or comment. The numbers are randomized when scores go high or lots of attention happens. This is to discourage fame seeking.
The reddit feel means you can create your own community easily.
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RE: Altcoins, pump and dumps and managing expectations
I think, or used to think dogecoin was ridiculous. I mean wth, this stupid joke coin, who would buy into that? Well, it all depends on what you do with it doesn’t it. Doge sponsers animal shelters, people like animal shelters so they vote with their dollars. It doesn’t matter if your coin starts out serious or as a joke. Just as with anything, it depends on what you represent with it that matters.
Dogecoin did something else: People didn’t wait for mass market acceptance. It went directly between people. Houses and cars were sold. Being a joke coin means the middlemen and the market drones ignored it. So signal to noise ratio was awesome and still is. They hate LiNK however so I dumped all my doge.
Forget trying to get mass approval. USE IT. Then watch the lazy crows panic that they had no initiative when it mattered.
As for being harsh on alt coins, that’s cute. What about Gox goes on MtLTC? It’s the community that defines a coin. Nothing else.
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\[DISCUSSION\] Difficulty handling strategies
We here at Feathercoin got attacked by hostile miners, for ideology or for future profits. Our response was to limit the difficulty jump, shorten the block retarget, and add ACP.
New coins get a ton of activity and then they are left holding the difficulty bag so to speak. Catcoin had to reduce to every block retarget, 36 block average, and limit the difficulty jumps to 12%.
Others are considering Kimoto’s Gravity Well.I’m going to pull out an old proposal I made earlier for an anti-hostile, miner incentive cycling algorithm. It reacts quickly to sustained attacks, but also gives miners an incentive at the beginning of each retarget period.
We retarget every 126 blocks within a 504 block sampling period. The original version here did not include the limit in jumps so I’ll have to modify it. Also it needs to be a more general and simple function (in case wallets disagree what block they are at).
[font=courier][size=6pt]
diff_1 = diff_0 + 7/14 * (diff_0 * [(hashrate_1 - hashrate_0) / hashrate_0])[/size][/font][font=courier][size=6pt]
diff_2 = diff_1 + 5/12 * (diff_1 * [(hashrate_2 - hashrate_1) / hashrate_0])
[/size][/font][font=courier][size=6pt]diff_3 = diff_2 + 3/10 * (diff_2 * [(hashrate_3 - hashrate_2) / hashrate_0])
[/size][/font][font=courier][size=6pt]diff_4 = diff_3 + 1/ 8 * (diff_3 * [(hashrate_4 - hashrate_3) / hashrate_0])[/size][/font]This is just a draft. I’ll update it further.
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RE: Prediction: Changing the hashing algorithm will bog down the majority of coins
The energy we put into getting out of the mess prepared for us is energy we don’t put into creating what we want. Once people understand they are losing money with multipools, there will be another scheme.
I propose we keep talking about ideas, but we also realize the multipools have a blind spot. Setting up a multipool is like adopting a polar bear. A bit of a hassle. We can take advantage of their resource and time investment.
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I now declare LOL on parasite friendly currencies
Marinecoin.
Smells like Ripple, tastes like Link + FLUX.
No. Because, no.
WTF is this BS -> [url=http://www.marinecoin.org/#!public-exchange-ledger/c1cdk]http://www.marinecoin.org/#!public-exchange-ledger/c1cdk[/url]
This also reminds me of something: Weak hashing functions. A couple years ago or so, someone blew the whistle that a currency called microcredit or such would have a leaky hash function that allowed deep tracing and perhaps marking of funds transfers. I’ll have to find the thread.To LOL! To LOL! The skittish are coming!
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What's Your Coin Dream Team?
My coin dream team used to be:
Feathercoin - For the merchants and to the moon
Catcoin - Bitcoin in scrypt
Dogecoin - Low anxiety, person to person, open creativity coin
Worldcoin - For connecting communitiesDogecoin failed on the last count. I am looking for another fun coin to take its place.
Catcoin are also kind of whiny about LINK as well, but some don’t understand the 21 million limit. But it has a function I want.I am really tired of the fiddle class.
I tried to be nice.
Keep up or pay up.
Up the Feathers! -
RE: I now declare LOL on parasite friendly currencies
[quote name=“BikerGSX” post=“55787” timestamp=“1390961937”]
Talking of coins, Max Keiser introduced a new coin on his show, Maxcoin, they started mining it on the show. 2 Guys from Bristol. This is a coin that Max is going “Push”Then there is BCX, Battlecoin that wants to slay all other dragons (Cryptos) like FTC. Only room for them then.
[/quote]The genesis block failed. I saw the show. Not ready yet.
BCX. LOL. Morons.
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Catcoin - Uses Bitcoin parameters, scrypt algorithm
Given the fact that litecoin and bitcoin have become such circlejerks, i’m dropping BTC just like i did LTC.
FTC, DOGE, CAT, and maybe WDC are looking to be my dream team.
So longer bunker fiends.
We create here.
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RE: What's Your Coin Dream Team?
Alien Coin [ALN] minted twice the coin that it was supposed to.
UFOCoin is really out there. -
RE: What's Your Coin Dream Team?
[quote name=“SkullandHeadphones” post=“51424” timestamp=“1389448420”]
Chrisj and Ruthie!
[/quote]Lol. I wanted to retweet this.