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Topic: [ANN] FairCoin (FAC) - NEW DEVELOPMENT TEAM - Innovation - Promoting Equality - - page 8. (Read 47020 times)

sr. member
Activity: 336
Merit: 250
Announcement!

As promised, the encrypted messaging update will be released within ten to fourteen days. Included in this release is a one of a kind robust encrypted messaging system that is a first in crypto-currency. This system is a framework or protocol within the wallet that allows applications to be built upon it as needed by users. The release will have applications already built upon this framework, these applications will position CINNI as the leading crypto-currency in point of sale systems for both eCommerce and brick and mortar stores. (screen shots of the updated GUI will be available this week)

Included in this release are essential tools to conduct secure encrypted point of sale commerce and are all a first in crypto currency:

1) Encrypted messaging system in client with wallet to wallet messaging platform.
2) Encrypted order form sent wallet to wallet.
3) Encrypted invoice generation sent wallet to wallet.
4) Encrypted receipt delivery sent wallet to wallet.

Future release...est 3-6 weeks.
 
1) Combined wallet for both BTC and CINNI with multiple currency exchange rate support. (this will be the first ever in crypto-currency and will assist point of sale)
2) In wallet chat room.

Future release...est 4-14 weeks. (With this release we will become the best option in crypto-currency as a point of sale solution)

1) A second wallet designed as a "retail wallet" in addition to the "consumer wallet". This wallet is designed specifically for retail eCommerce businesses and is built on the encrypted messaging platform. (this will be the first "retail wallet" ever in crypto-currency and will lead to rapid merchant adoption of CINNI as a form of payment.)
2) Inventory management system for tracking supply in wallet client.
3) SKU number assignment with SKU pricing in wallet client.
4) Full receivables and reporting features in wallet client.
5) QR code generation in wallet client.
6) Export option into accounting software (i.e. Quickbooks, ect.)

Future release...est 12-18 weeks. (This will be an update on the routing of encrypted messages)

1) Optional anonymity features for "consumer wallet". This would allow for anonymity or (dark) send features similar to DRK coin or XC coin system.
2) Optional anonymization of data and messages. This system will use "messagenodes" combined with "masternodes" in the dark send feature. The "messagenodes" and "masternodes" will be paid in transaction fees and will be required to provide "proof of stake" by holding CINNI in wallets developing coin age (more details will follow).

Darkcoin and XC coin only anonymize half of the transaction (the actual transfer of payment). The communication between buyer and seller is left wide open and can be intercepted by a third party. There are ways to mitigate the communication risk however the communication risk to anonymity remains more significant than the payment risk to anonymity. The system being developed at CINNI will use the encrypted messaging system to allow CINNI to become the first ever completely anonymous transaction system.


Now i understand the double game. The new Dev team came in saying this
Quote

Wallet-Integrated Emailing System:

One of the most distinguishing features FairCoin will have will be an innovative wallet-integrated emailing system. This will allow the transfer of messages, pictures, and videos straight through your FairCoin wallet, into another wallet. The receiver would be able to view the letter in an inbox section of the wallet. For this project, we will be working with numerous other new FairCoin developers with programming experience to provide this secure, reliable, unique, convenient, and innovative service for the FairCoin community. Your wallet address may become your next email address!
and we all thought wow this is something original for the Faircoin. Now CINNI is going to have it and later our copy-cat-devs will bring it over to the FAC
newbie
Activity: 11
Merit: 0
Announcement!

As promised, the encrypted messaging update will be released within ten to fourteen days. Included in this release is a one of a kind robust encrypted messaging system that is a first in crypto-currency. This system is a framework or protocol within the wallet that allows applications to be built upon it as needed by users. The release will have applications already built upon this framework, these applications will position CINNI as the leading crypto-currency in point of sale systems for both eCommerce and brick and mortar stores. (screen shots of the updated GUI will be available this week)

Included in this release are essential tools to conduct secure encrypted point of sale commerce and are all a first in crypto currency:

1) Encrypted messaging system in client with wallet to wallet messaging platform.
2) Encrypted order form sent wallet to wallet.
3) Encrypted invoice generation sent wallet to wallet.
4) Encrypted receipt delivery sent wallet to wallet.

Future release...est 3-6 weeks.
 
1) Combined wallet for both BTC and CINNI with multiple currency exchange rate support. (this will be the first ever in crypto-currency and will assist point of sale)
2) In wallet chat room.

Future release...est 4-14 weeks. (With this release we will become the best option in crypto-currency as a point of sale solution)

1) A second wallet designed as a "retail wallet" in addition to the "consumer wallet". This wallet is designed specifically for retail eCommerce businesses and is built on the encrypted messaging platform. (this will be the first "retail wallet" ever in crypto-currency and will lead to rapid merchant adoption of CINNI as a form of payment.)
2) Inventory management system for tracking supply in wallet client.
3) SKU number assignment with SKU pricing in wallet client.
4) Full receivables and reporting features in wallet client.
5) QR code generation in wallet client.
6) Export option into accounting software (i.e. Quickbooks, ect.)

Future release...est 12-18 weeks. (This will be an update on the routing of encrypted messages)

1) Optional anonymity features for "consumer wallet". This would allow for anonymity or (dark) send features similar to DRK coin or XC coin system.
2) Optional anonymization of data and messages. This system will use "messagenodes" combined with "masternodes" in the dark send feature. The "messagenodes" and "masternodes" will be paid in transaction fees and will be required to provide "proof of stake" by holding CINNI in wallets developing coin age (more details will follow).

Darkcoin and XC coin only anonymize half of the transaction (the actual transfer of payment). The communication between buyer and seller is left wide open and can be intercepted by a third party. There are ways to mitigate the communication risk however the communication risk to anonymity remains more significant than the payment risk to anonymity. The system being developed at CINNI will use the encrypted messaging system to allow CINNI to become the first ever completely anonymous transaction system.



Which coin? FAC?
member
Activity: 107
Merit: 10
Announcement!

As promised, the encrypted messaging update will be released within ten to fourteen days. Included in this release is a one of a kind robust encrypted messaging system that is a first in crypto-currency. This system is a framework or protocol within the wallet that allows applications to be built upon it as needed by users. The release will have applications already built upon this framework, these applications will position CINNI as the leading crypto-currency in point of sale systems for both eCommerce and brick and mortar stores. (screen shots of the updated GUI will be available this week)

Included in this release are essential tools to conduct secure encrypted point of sale commerce and are all a first in crypto currency:

1) Encrypted messaging system in client with wallet to wallet messaging platform.
2) Encrypted order form sent wallet to wallet.
3) Encrypted invoice generation sent wallet to wallet.
4) Encrypted receipt delivery sent wallet to wallet.

Future release...est 3-6 weeks.
 
1) Combined wallet for both BTC and CINNI with multiple currency exchange rate support. (this will be the first ever in crypto-currency and will assist point of sale)
2) In wallet chat room.

Future release...est 4-14 weeks. (With this release we will become the best option in crypto-currency as a point of sale solution)

1) A second wallet designed as a "retail wallet" in addition to the "consumer wallet". This wallet is designed specifically for retail eCommerce businesses and is built on the encrypted messaging platform. (this will be the first "retail wallet" ever in crypto-currency and will lead to rapid merchant adoption of CINNI as a form of payment.)
2) Inventory management system for tracking supply in wallet client.
3) SKU number assignment with SKU pricing in wallet client.
4) Full receivables and reporting features in wallet client.
5) QR code generation in wallet client.
6) Export option into accounting software (i.e. Quickbooks, ect.)

Future release...est 12-18 weeks. (This will be an update on the routing of encrypted messages)

1) Optional anonymity features for "consumer wallet". This would allow for anonymity or (dark) send features similar to DRK coin or XC coin system.
2) Optional anonymization of data and messages. This system will use "messagenodes" combined with "masternodes" in the dark send feature. The "messagenodes" and "masternodes" will be paid in transaction fees and will be required to provide "proof of stake" by holding CINNI in wallets developing coin age (more details will follow).

Darkcoin and XC coin only anonymize half of the transaction (the actual transfer of payment). The communication between buyer and seller is left wide open and can be intercepted by a third party. There are ways to mitigate the communication risk however the communication risk to anonymity remains more significant than the payment risk to anonymity. The system being developed at CINNI will use the encrypted messaging system to allow CINNI to become the first ever completely anonymous transaction system.


come on fac ,you can not die.my god
sr. member
Activity: 262
Merit: 250
Announcement!

As promised, the encrypted messaging update will be released within ten to fourteen days. Included in this release is a one of a kind robust encrypted messaging system that is a first in crypto-currency. This system is a framework or protocol within the wallet that allows applications to be built upon it as needed by users. The release will have applications already built upon this framework, these applications will position CINNI as the leading crypto-currency in point of sale systems for both eCommerce and brick and mortar stores. (screen shots of the updated GUI will be available this week)

Included in this release are essential tools to conduct secure encrypted point of sale commerce and are all a first in crypto currency:

1) Encrypted messaging system in client with wallet to wallet messaging platform.
2) Encrypted order form sent wallet to wallet.
3) Encrypted invoice generation sent wallet to wallet.
4) Encrypted receipt delivery sent wallet to wallet.

Future release...est 3-6 weeks.
 
1) Combined wallet for both BTC and CINNI with multiple currency exchange rate support. (this will be the first ever in crypto-currency and will assist point of sale)
2) In wallet chat room.

Future release...est 4-14 weeks. (With this release we will become the best option in crypto-currency as a point of sale solution)

1) A second wallet designed as a "retail wallet" in addition to the "consumer wallet". This wallet is designed specifically for retail eCommerce businesses and is built on the encrypted messaging platform. (this will be the first "retail wallet" ever in crypto-currency and will lead to rapid merchant adoption of CINNI as a form of payment.)
2) Inventory management system for tracking supply in wallet client.
3) SKU number assignment with SKU pricing in wallet client.
4) Full receivables and reporting features in wallet client.
5) QR code generation in wallet client.
6) Export option into accounting software (i.e. Quickbooks, ect.)

Future release...est 12-18 weeks. (This will be an update on the routing of encrypted messages)

1) Optional anonymity features for "consumer wallet". This would allow for anonymity or (dark) send features similar to DRK coin or XC coin system.
2) Optional anonymization of data and messages. This system will use "messagenodes" combined with "masternodes" in the dark send feature. The "messagenodes" and "masternodes" will be paid in transaction fees and will be required to provide "proof of stake" by holding CINNI in wallets developing coin age (more details will follow).

Darkcoin and XC coin only anonymize half of the transaction (the actual transfer of payment). The communication between buyer and seller is left wide open and can be intercepted by a third party. There are ways to mitigate the communication risk however the communication risk to anonymity remains more significant than the payment risk to anonymity. The system being developed at CINNI will use the encrypted messaging system to allow CINNI to become the first ever completely anonymous transaction system.


full member
Activity: 280
Merit: 100
Things are going a bit slow in here. When we will see something from that "innovation" mentioned in the ANN?
full member
Activity: 187
Merit: 100
FairCoin Core Developer
HI dev .Have you seen the slimcoin? we can use pob mode to our faircoin.
Hi zitaox,

thanks for your input.

Slimcoin does not fit well into 100% premined coins like FairCoin, plus I don't think PoB would add significant value to FairCoin nor does it make it 'fairer'.

regs
Thomas

Edit: fixed typos...
sr. member
Activity: 320
Merit: 250
sr. member
Activity: 286
Merit: 250
Faircoin Development Team Member
there are so many pos coin now. we must do some value about this coin.we should follow BC and have our own mutipool.like faircoinpool.com and so on

I think we should technically focus on the PoS features of FairCoin (implement coincontrol, give a minting indication, unlock button, etc). But we have to have something new besides a Multipool. More multipools are spawning by the minute and the profitability has dropped to next to nothing (see http://poolpicker.eu/) - it won't be long before the landscape will be invested with ASIC's and it'll be pointless to mine on a multipool with GPU's - correct that, it is already pointless to mine on multipools if you're paying for your power (and power usage is in fact is a contradiction to PoS coins). So in my perspective, multipools are a dead end.

Besides that we need to do the obvious; align with FairTrade initiatives. And therefor we need payment platforms to support us. So please bring up a list of payments platforms and vote on those! Then we (the dev team) can make contact with FairTrade shops and introduce them to FairCoin. Starting July we'll also have a FairTrade Product specialist in our midst.

CoinPayments.net will probably have a new voting round soon. Watch it closely, vote and make it possible for us to build up this coin.


sr. member
Activity: 262
Merit: 250
hero member
Activity: 1068
Merit: 523
Why not add anonymity capabilities and take FAC to da moon?
sr. member
Activity: 385
Merit: 250
Is there any existing news about this coin?Huh Dead coin?
of course dead coin.
dev is dead in a car accident.

Old Dev was online on May 29th.

https://bitcointalksearch.org/user/fair-cointeam-258052
newbie
Activity: 51
Merit: 0
we have a goodname .fair trade is the real value for this coin .we should have a great team to do this.
newbie
Activity: 51
Merit: 0
there are so many pos coin now. we must do some value about this coin.we should follow BC and have our own mutipool.like faircoinpool.com and so on
member
Activity: 76
Merit: 10


I just got an alert from my tracker app that MintCoin (one of the most praised PoS coins) went through the 3 sat barrier. I've set that alert months ago just for the lolz because I imagined that would never be possible. Today it happened. Let me state one thing: anything is possible.



It must have been someone dumping a huge amount of mint because it's back up to 5 sats now.
sr. member
Activity: 286
Merit: 250
Faircoin Development Team Member
hi dev team
can we  establish a new rich list?Unable to open the old website
http://fac.blockx.info/richlist/

The blockx richlist goes on and off so now and then.
We have a backup blockexplorer at https://chain.fair-coin.org/chain/FairCoin
It aint as fancy (no richlist yet), but at least it's there.

http://fac.blockx.info/ is up again. Server crashed unfortunately Sad
If you like this service, don't forget to donate so now and then. The FAC and BTC addresses are on the fac/blockx homepage.
sr. member
Activity: 286
Merit: 250
Faircoin Development Team Member
HI dev .Have you seen the slimcoin? we can use pob mode to our faircoin.

Hey zitaox;
I'm looking at Slimcoin right now. Maybe I'm mistaken; but how can burning money be a good thing? Tongue
Not to mention that I don't know how that will even fit on a PoS coin.

How are you gonna talk about that on a birthday party? "Yeah, I've got FairCoins and when I burn them, there's a chance I'll get more FairCoins" Cheesy

sr. member
Activity: 286
Merit: 250
Faircoin Development Team Member
Please take responsibility
Hi dev team, in order to help the community and faircoin,you must be more positive,i don't want to see the fac really dead,today some dumper sell their coins ,the price  reached 200 sat, i felt very sad

i am still in and positive about faircoin. a lot of cryptos struggling these days and better days will come. can imagine than people who are selling now will regret it pretty soon.

I just got an alert from my tracker app that MintCoin (one of the most praised PoS coins) went through the 3 sat barrier. I've set that alert months ago just for the lolz because I imagined that would never be possible. Today it happened. Let me state one thing: anything is possible.

So you may ask; is the dev team still positive? Yes we are! Even though our coin almost fell through the 200 sat barrier today. It makes we wonder though why people (and what people) are selling FairCoin at these prices.

FairCoin has an active team (which isn't hit by a car, maybe we should put that on the frontpage lol Tongue):
We did make a great wallet - complete with installer and sourcecode - and will continue to do so. We had to take over a lot of technical debt from the previous developer which has mysteriously dissapeared (the dev that is, unfortunately not the technical debt Tongue) . And last but not least; we will actively promote this coin over any Social Media channel available and we will develop new features for it.

The wallet and network are stable, but we need the community to grow and fortify themselves. We can't do this without you folks. If you believe in FairCoin, promote FairCoin. Tweet about it, blog about it, give them to friends, vote on FAC where and whenever you can, trade them and try to get more of them (and cut your losses in the process Tongue), make crazy fan art, do whatever you can and what you have the time for.

There are only about 50 million FairCoins to share... Smiley
member
Activity: 70
Merit: 10
i am still in and positive about faircoin. a lot of cryptos struggling these days and better days will come. can imagine than people who are selling now will regret it pretty soon.
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