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Topic: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!! - page 52. (Read 238255 times)

hero member
Activity: 630
Merit: 504

Any recommendations on getting the block chain synced on a simple dedicated NOMP pool?

I'm at block 4188449 - increasing slowly -- but at this point it seems like it will never catch up.

Anyone see any issues with get info:

"version" : 80702,
    "protocolversion" : 70003,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 4188449,
    "timeoffset" : -5,
    "connections" : 32,
    "proxy" : "",
    "difficulty" : 1.76098347,
    "testnet" : false,
    "keypoololdest" : 1426707818,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00010000,
    "errors" : ""

member
Activity: 154
Merit: 10

What was the name of that crap China shut down a couple years prior to Bitcoin, can't remember.

I don't know, but that statement

So true. Evident by the fact that NO centralized coin has a future. Unless you have a border and an army, you can't host a centralized currency. Its only inevitable you get shut down by the local authority.

is just pure Evil.
hero member
Activity: 630
Merit: 504

Any reason why hash-to-coin is showing FST coin block times of 2000% to 5000% typically?  Are they not able to keep up with the blocks generated?

What would help reduce this time?  Due to this high block finding time -- miners are making 1/10 to 1/20 of what they think they are.

hero member
Activity: 630
Merit: 501
How fast it is compared to Paycoin?
www.paycoin.com

Much faster...

You probably never used Paycoin, it has nearly instant transaction.

An average confirmation is around 2/5 seconds and at maximum less than a minute.

It achieve this by having a nearly centralised mining in the hand of a single Company GAW Miners. I tried it and it has nearly instant transactions.

FastCoin is interesting if it can achieve the same result without having centralised mining.

That makes no sense, why would you be interested in a coin that is not only centralized, but operated by a single company. Sounds like a sham. Fastcoin has always promoted decentralization, not controlled or operated by a single entity. Gaw miners are using their coin as a way to increase their own mining profits, you don't see that?

https://www.cryptocoinsnews.com/josh-garza-address-growing-paycoin-paybase-scam-concerns-tnabc-miami/
https://bitcointalksearch.org/topic/paycoin-xpy-is-scam-900970
http://www.btcfeed.net/fraud/paycoin-next-big-scam-crypto/

"PayCoin (XPY) an altcoin backed by GAW miners, which is believed to be a scam, recently joined the Top 5 club of cryptocurrencies according to its market valuation on CoinMarketCap. At the time of valuation, PayCoin was also informally launched on 16th December with an initial investment of $54.5 million brought into the market. It is also believed that PayCoin is part of a ponzi scheme with GAW Miners playing a major role."

So true. Evident by the fact that NO centralized coin has a future. Unless you have a border and an army, you can't host a centralized currency. Its only inevitable you get shut down by the local authority. What was the name of that crap China shut down a couple years prior to Bitcoin, can't remember.
hero member
Activity: 567
Merit: 500
In gold I trust - Aurumcoin www.cointech.net
My FSt transaction for second day is not confirmed. I can not use my coins. Dev, what happens with this coin?

full member
Activity: 220
Merit: 102
hero member
Activity: 567
Merit: 500
In gold I trust - Aurumcoin www.cointech.net
No so fast is fastcoin Smiley
I have 377 coins in my wallet, to send it to the exchange I must to pay 17 coins.... OK, but my transaction is not confirmed for more than 24h    579c308cf9a1049b9992391a89cfa4e174600e2aee5af7ede4642a20d29b1644

So, please, change the name to Bank Wire Transfer (Western union is faster)

member
Activity: 154
Merit: 10


That makes no sense, why would you be interested in a coin that is not only centralized, but operated by a single company. Sounds like a sham. Fastcoin has always promoted decentralization, not controlled or operated by a single entity. Gaw miners are using their coin as a way to increase their own mining profits, you don't see that?

That is the reason cause I'm interested in Fastcoin.

This also is interesting:
http://www.ai-coin.org/
full member
Activity: 129
Merit: 102
http://inetrader.com/ looks like this pool is taking 90% of the coins instead of paying out.

That's a P2Pool node, all the coins are paid out directly to miners wallets, there is no way the "pool" can take any coins. If you're looking at the solved blocks list, you'll see there are a lot, however, because of the way P2Pool works on it's own sharechain, many of these blocks are orphaned or stale.

Perhaps you should read up on how P2Pool functions and I can also point out that it is decentralized.

https://en.bitcoin.it/wiki/P2Pool
full member
Activity: 129
Merit: 102
How fast it is compared to Paycoin?
www.paycoin.com

Much faster...

You probably never used Paycoin, it has nearly instant transaction.

An average confirmation is around 2/5 seconds and at maximum less than a minute.

It achieve this by having a nearly centralised mining in the hand of a single Company GAW Miners. I tried it and it has nearly instant transactions.

FastCoin is interesting if it can achieve the same result without having centralised mining.

That makes no sense, why would you be interested in a coin that is not only centralized, but operated by a single company. Sounds like a sham. Fastcoin has always promoted decentralization, not controlled or operated by a single entity. Gaw miners are using their coin as a way to increase their own mining profits, you don't see that?

https://www.cryptocoinsnews.com/josh-garza-address-growing-paycoin-paybase-scam-concerns-tnabc-miami/
https://bitcointalksearch.org/topic/paycoin-xpy-is-scam-900970
http://www.btcfeed.net/fraud/paycoin-next-big-scam-crypto/

"PayCoin (XPY) an altcoin backed by GAW miners, which is believed to be a scam, recently joined the Top 5 club of cryptocurrencies according to its market valuation on CoinMarketCap. At the time of valuation, PayCoin was also informally launched on 16th December with an initial investment of $54.5 million brought into the market. It is also believed that PayCoin is part of a ponzi scheme with GAW Miners playing a major role."
newbie
Activity: 57
Merit: 0
http://inetrader.com/ looks like this pool is taking 90% of the coins instead of paying out.
member
Activity: 154
Merit: 10
How fast it is compared to Paycoin?
www.paycoin.com

Much faster...

You probably never used Paycoin, it has nearly instant transaction.

An average confirmation is around 2/5 seconds and at maximum less than a minute.

It achieve this by having a nearly centralised mining in the hand of a single Company GAW Miners. I tried it and it has nearly instant transactions.

FastCoin is interesting if it can achieve the same result without having centralised mining.
full member
Activity: 129
Merit: 102
How fast it is compared to Paycoin?
www.paycoin.com

Much faster...

Fastcoin has a 12 second block time compared to their 60 seconds block time.
Fastcoin transactions confirm after 4 blocks, making a transaction complete in 48 seconds!
Compare this to their 5 confirmations x 60 seconds = 5 minutes to confirm a transaction.

They also require no transaction fee, which does not give their miners any incentive to mine.

Fastcoin has been sustained by providing miners a decent amount of fees for relaying transactions.

Fastcoin is not only fast, but it is also sustainable for it's community of loyal miners and their operations.
member
Activity: 154
Merit: 10
How fast it is compared to Paycoin?
www.paycoin.com
hero member
Activity: 574
Merit: 500
Richard Coleman - Chief Executive @ CloudThink.IO
FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?

You should try to run the -reindex command line perimeter, what happens is that after downloading the bootstrap/blockchian, the blocks will sometimes be out of sync from what the other nodes tries to send or request blocks you already have which causes the client to have to sort out the differences. Running the -reindex line helps organize the database and makes the rest of the sync process run more smoothly. Also, while importing the blockchain, it's a good idea to only connect to one node so this doesn't happen. Set maxconnections=1 in your .conf so you don't get several nodes sending you chunks of 500 blocks that you may already have. After you import, you can change to something like maxconnections=30 and then run -reindex if needed.



I have done as mentioned.
It goes indeed much faster.
Downloading the blocks goes much quicker now.
Thanks for the help.
hero member
Activity: 574
Merit: 500
Richard Coleman - Chief Executive @ CloudThink.IO
FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?

You should try to run the -reindex command line perimeter, what happens is that after downloading the bootstrap/blockchian, the blocks will sometimes be out of sync from what the other nodes tries to send or request blocks you already have which causes the client to have to sort out the differences. Running the -reindex line helps organize the database and makes the rest of the sync process run more smoothly. Also, while importing the blockchain, it's a good idea to only connect to one node so this doesn't happen. Set maxconnections=1 in your .conf so you don't get several nodes sending you chunks of 500 blocks that you may already have. After you import, you can change to something like maxconnections=30 and then run -reindex if needed.



I'm gonna try to do it as you explained in the post above.
Thanks for helping me.
full member
Activity: 129
Merit: 102
FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?

You should try to run the -reindex command line perimeter, what happens is that after downloading the bootstrap/blockchian, the blocks will sometimes be out of sync from what the other nodes tries to send or request blocks you already have which causes the client to have to sort out the differences. Running the -reindex line helps organize the database and makes the rest of the sync process run more smoothly. Also, while importing the blockchain, it's a good idea to only connect to one node so this doesn't happen. Set maxconnections=1 in your .conf so you don't get several nodes sending you chunks of 500 blocks that you may already have. After you import, you can change to something like maxconnections=30 and then run -reindex if needed.

full member
Activity: 129
Merit: 102
Not sure why, but the wallet seems to lock up on my pool. I have to keep going in to restart the wallet, and there are TON of pending/unconfirmed but not orphaned blocks. Going to shut down FST on diggerpool.com until this gets resolved. There has been a miner in there for a while, so I am going to send this person what I have in my personal wallet.

How much ram do you have on your host allocated to fastcoind? Did you also provide a large enough swapfile?
hero member
Activity: 574
Merit: 500
Richard Coleman - Chief Executive @ CloudThink.IO
FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?
sr. member
Activity: 281
Merit: 250
FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?
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