Topic: [ANN] FAILCoin | EMPOEX EXCHANGE IS CLOSING | UPCOMING RELAUNCH - page 20. (Read 62097 times)

Hello,

Some hours ago I've been told that a laptop with a FAIL wallet (with no backup) contained some 4,5 million coins was stolen earlier this year. This is more than 20% of the coin's supply! I am really sorry for that huge loss! So it appears that FailCoin current supply is about 16,5 million (as I'm guessing the laptop was formatted). Really sad...

Cheers,
Spartak

THANK you, guys, really! I consider staysecure as a friend, despite the fact we haven't meet in person. He's a GREAT guy and I have much favors to return.


Thanks, man. This would be rewarded sooner or later. Few people understand the concept of FAIL as a coin, but we're serious. Its hard to work for something, which worths pretty much nothing though. I can engage 82358 shills to describe how good we are, but this is not the way.

Probably I will start another full node soon.

Hi @spartak 1month complimentary Blockexplorer from ARCO,LANA,TAJ creator

https://blockchain.info/tx/d4ed3d2c1b83751f9a2a65fb13d18097f4b006320ca572d57d49489dc8e4790e

You are really a great person and as you have and continue to support my crypto advantures and you can count on me as well.

As of right now we got you covered with 3 full nodes from Slovenia. Looking forward to the Fail HF and the new wallet.

Cheers.

A bitcointalk user nicknamed krile decided (on his free will) to set up a new FAILCoin node and now our network looks a bit better.



I know we've been a bit silent in the thread, but that doesn't mean we're gone. We are in fact pretty active:

https://twitter.com/FAILCommunity




https://www.facebook.com/FAILCommunity/




There are definitely some news regarding FailCoin's development, but at this point we choose to remain silent. Three things are sure:

1. FAIL is going to be hard forked.
2. FAIL is going to use BlackCoin's base.
3. The new FAIL will be a Full PoS coin.

Reminder: We are still struggling with funds and our block explorer hosting expired again, so if any of you wants to help, feel free to visit: https://chainz.cryptoid.info/fail/

Stay strong!

Cheers,
Spartak 

Yes. One of our main problems was that the "new" coin was not working with the current wallet.dat file, but this is now fixed.

Hm, so this kind of hard fork will not "invalidate" the existing coins?

Hey,

Thanks you! That really means a lot!

I'd suggest you to mine FailCoin now, because it will be pure PoS after the hard fork. I guess your first impressions about FAIL are good, but I can promise you that a lot more things will come. We are going to look very different, but unfortunately (as we are not funded by anyone and he is working in his free time) it all depends on when pnoch (our Lead dev.) will finish his work on the code. He is currently forking BlackCoin, but our wallet will have its own unique features.

Thanks again, really!

Cheers,
Spartak

Hi,

I've just read a bit about FailCoin and decided to help you out with the cryptoID hosting

Transaction: blockchain.info
Proof: coinig.com (Bitcoin Signature Verifier)

I'm also interested in obtaining some coins. As there will be a hard fork, I guess I should mine the new coins for a while at the start instead of buying them. However, my hardware resources are quite limited.

Hello,

Our block explorer was taken down for a short period of time, but it is now restored, as the CriptoID's owner fairglu was kind enough to wait a bit longer (thanks, man, really!). It was because no payments were made in the past 30 days. I am in bad situation for quite some time now, I currently do not own any BTC and I will repeat that I'm not going to ask team members for BTC. As of now, FAIL relies solely on batesresearch, who is paying for github, hosting etc., and pnoch, who is still working on coin's development.

I am reminding you that every FailCommunity Team member has a certain % in FAIL coin and they are fine to work with that, as we have chosen the hard path to work for the Community and the coin itself. That % currently equals to like 0 BTC, because we are not listed on bigger exchanges and we haven't promoted FailCoin. All of our members are currently on stand by and that would not change until our Lead developer pnoch finishes his work!

We may not be "the coin of the day", but we are still here for over 2.5 years now and we are going to deliver, no matter if we FAIL later!

To anyone who is FailCoin holder, or just a guy who wants to help: HEELP! Any tips of your hard earned satoshi are appreciated! Feel free to PM me with transactions, you will remain anonymous (if you want to) and your help will not be forgotten!

Link: https://chainz.cryptoid.info/fail/
BTC Address: 1BBhk24CBNZqixmcrgJMg9pdqtHHNdhiwS
Price: 0.016 BTC/month


Thanks for your time,
Spartak Tomanov

Dear FAILers,

We are now with 1000 Twitter followers.



P.S. No fake ones!



FAIL!

Hello,

I am inviting all FAIL team members to a discussion on slack - https://failcommunity.slack.com/. If anyone else wants to join, please send me a PM with your e-mail.

EDIT: It doesn't have to be right away since you can see the post history on slack. Just drop by to give your opinion when you have the time.

Cheers,
Spartak

Maybe on a later time, but still... thanks for you being the only one who is open to trade.

Speriamo aumenti di valore   

That's quite unfair price. I can name at least 10 abandoned coins with higher price and bigger supply.

I buy fail coin at 35 sat each... send me pm if interesting.. thanks

Thanks bud! Will make up with to you as soon as I can. I must say that personally I'm disappointed from the people who were late for the swap and still received significant amount of coins, without asking them to prove ownership. Still see some of them online, but none of them even tried to participate in discussion or anything for that matter. There is one thing, which I want to say to these people: I'm sorry that we are not Monero with $40Mn in trade volume and a $8.60 price per coin.

Ride the waves and forget anything else. And when the time comes, please feel free to dump your "worthless" FAIL. We are fine with that.

Cheers,
Spartak

Hi @spartak i just covered 52 days for FAIL BE hosting to cover the overdue and a few extra paid days now its up to the rest of the FAIL-ers to keep it running.
Cheers

Hello,

I've had another conversation with our Lead developer Panoch, who is leaving to China tomorrow to attend a conference. We have discussed our latest release and it seems that it would be really worthwhile. FAIL is going to use the latest BlackCoin tech, which means that currently Panoch is porting FAIL base to v. PoS 3.0. The issue with our new (still not released) 64-bit wallet should be considered as resolved. What to expect?

• A hard fork
• FailCoin is going to use the latest QT 5.7 (released 16-Jun-2016), with our own unique features
• OP_CHECKLOCKTIMEVERIFY (BIP65)
• Improved synchronization
• PoS only, with fixed 3% interest (though its not a final decision)

I'll have more "tech explanations" once Panoch is back from China (4-September) and continue to work, but as I already said - we are going to use the latest BC tech (though we are going to change some things). Unfortunately, there is no way to avoid the hard fork and I hope it will be our last one. We will give enough time (2-3 months (we accept suggestions)) for everyone to upgrade before the hard fork kicks in. There will be no reimbursements once the targeted block is reached.

FAIL team will be engaged in the development process, once we make sure that everything is working. You can see that we are not promoting the coin and we will keep this policy, until we have the solid grounds, which the new tech will provide.

Thank you for those who are keeping the network alive. I am watching the hashrate every single day and it varies between 8 and 15 MH. I know its not much, but its still better than 1.58...

We are still trying to create a new FailCommunity logo (though no new attempts were made since Isaac is currently in the Netherlands and he's busy studying). The discussion thread about the logo is located here: https://bitcointalksearch.org/topic/please-help-us-to-choose-a-new-failcommunitys-logo-1555342

FAIL is 40 days behind with the payment for the CryptoID's block exporer. Only one (0.005 BTC) donation was made. I have already said that I don't have the money to pay, nor I will ask any of our team members to do it. If you want to help - THANKS, if not - the block explorer will be eventually taken down and I'll pay the grace period to fairglu (thanks, bud, really) in a later future.

https://chainz.cryptoid.info/fail/
Hosting address: 1BBhk24CBNZqixmcrgJMg9pdqtHHNdhiwS

Kind regards,
Spartak Tomanov

Hello,

Yesterday I had a conversation with our lead developer Panoch and we discussed the PoS part of FAIL. He insisted that our next release must be worthwhile and that is why we are going to try to put as much of the latest tech as we can. In the last few days I am researching VeriCoin, while Panoch thinks we should use BlackCoin's fork. Here comes the bad part, there is a 99.9% chance for FAIL to be hard forked. I am thinking about a way (which I still haven't discussed with our team members) to avoid that, but as of now there is nothing worthy to be shared with you and ask about opinions.

Today is the 25th birthday of the World Wide Web. You can tweet to https://twitter.com/timberners_lee (the inventor) to express your gratitude, or you can just retweed ours: https://twitter.com/FAILCommunity/status/767998927891234816

Now something about our current situation.

The hashrate (as we speak) of FAIL is 1.58 MH. I'm not sure what to say about that. There are a lot people out there with some dusty gridseeds, which have low electricity costs. What are you waiting for? We are going to make the new release and we are going to try develop our cryptocurrency and community with or without you. That I could guarantee! But you are making things harder! Its not all about profits and that is why we are at the current situation. Put some hashrate, help us, and who knows... you may make some ROI. At least you will try and isn't what cryptocurrencies are all about? Working/helping for a greater (than us) good?   

The situation with the block explorer is pretty much the same. Only one donation (from an indonesian member of the FailCommunity FB group), worth 0.005 BTC was made. Personally I have send more than 1 million coins (which represents like 4.8% of the entire supply) for free. Probably 20-30% of them to people, which were late for the swap and I wasn't even asking them for proofs. We can pay for the explorer, its not a big issue, but I think we should see some efforts from other holders or just people who like us for some reason. Would you rather us to make a team meeting, discuss some "marketing" strategies, buy 150 accounts, pay for exchanges and reap as much money as we can? Then we could just say "Oh, well... it was a FailCoin after all."... I'd rather die (so does any of our team members... for that I'm sure...)!!!

Here's the link to the explorer: https://chainz.cryptoid.info/fail/
Here's the Bitcoin address: 1BBhk24CBNZqixmcrgJMg9pdqtHHNdhiwS

We are still trying to create our new FailCommunity logo: https://bitcointalksearch.org/topic/please-help-us-to-choose-a-new-failcommunitys-logo-1555342. I will repeat to those of you who forgot (or just don't care) that we are going to try to develop ourselves as a community with a cryptocurrency. FAIL has its niche (look at the FailArmy channel on YouTube - over 11.3 million subscribers and 3+ billion views) so don't rule us out.

Thank you for your time,
Spartak