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Topic: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping - page 82. (Read 184356 times)

full member
Activity: 189
Merit: 100
Can someone calculate how much forging with 10k FIMs makes approximately in 24 hours?
10k is 1/33000 of all active amount. There are 2880 blocks per day.
So, the minimum probability to forge a block in 24 hours is 2880 / 33000 = 0.087.
So, in average it should be 0.087 * 200 = 17.5 coins per day.

So I get 1 reward approximately every 11.5 days?
Damn, why didn't I buy more  Shocked
At least. I don't think everyone will be forging 24/7, so you will be rewarded more.
newbie
Activity: 43
Merit: 0
hi
dev
The client can't refresh synchronously, I must close the client, reload, then the transactions will all be shown.

do you have javascript enabled?

Of course enabled, transaction is OK, just can't be shown on time.
hero member
Activity: 714
Merit: 500
Can someone calculate how much forging with 10k FIMs makes approximately in 24 hours?
10k is 1/33000 of all active amount. There are 2880 blocks per day.
So, the minimum probability to forge a block in 24 hours is 2880 / 33000 = 0.087.
So, in average it should be 0.087 * 200 = 17.5 coins per day.

So I get 1 reward approximately every 11.5 days?
Damn, why didn't I buy more  Shocked
full member
Activity: 189
Merit: 100
Can someone calculate how much forging with 10k FIMs makes approximately in 24 hours?
10k is 1/33000 of all active amount. There are 2880 blocks per day.
So, the minimum probability to forge a block in 24 hours is 2880 / 33000 = 0.087.
So, in average it should be 0.087 * 200 = 17.5 coins per day.
hero member
Activity: 714
Merit: 500
How to log on the wallet? what's the URL?
https://wallet.fimk.fi:7886

There is an annoying technical requirement to make an outgoing transaction somewhere before you can forge (do that before block 1440). FIMKrypto organization account is FIM-M3YE-7Q2G-JEZS-HPHK4.

Can you register an alias as you can with NXT?

Yes.
It costs 0.1FIMK
legendary
Activity: 1736
Merit: 1001
How to log on the wallet? what's the URL?
https://wallet.fimk.fi:7886

There is an annoying technical requirement to make an outgoing transaction somewhere before you can forge (do that before block 1440). FIMKrypto organization account is FIM-M3YE-7Q2G-JEZS-HPHK4.

Can you register an alias as you can with NXT?
legendary
Activity: 1806
Merit: 1029
Thank you, but NXT did pave the road for us.

Thank you, this means a lot! Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Distributing the early block rewards received by the organization's accounts will have to wait somewhat for a less hectic time period. There will be time for that but not now - I just got off phone interview with two major Finnish financial news publishers Wink

I totally recognize the foundational nature of NXT and appreciate that it's paved the way for FIM and other spin offs, so wasn't intending to slam NXT. But I am very happy that FIM is working well from the beginning, even for us nontechnical people Smiley

Congratulations on the media attention Smiley
hero member
Activity: 714
Merit: 500
Can someone calculate how much forging with 10k FIMs makes approximately in 24 hours?
full member
Activity: 189
Merit: 100
How to understand this:

Account FIM-MRCC-2YLS-8M54-3CMAJ Info
The account has a balance of -666'279'998 FIM.
legendary
Activity: 1232
Merit: 1001
hi
dev
The client can't refresh synchronously, I must close the client, reload, then the transactions will all be shown.

do you have javascript enabled?
newbie
Activity: 43
Merit: 0
hi
dev
The client can't refresh synchronously, I must close the client, reload, then the transactions will all be shown.
full member
Activity: 286
Merit: 100
price is 0.00002 BTC per FIMK, please PM me if you are interesting.
You want to buy or sell?
And this is not the place for trading
full member
Activity: 286
Merit: 100
legendary
Activity: 1098
Merit: 1000
Angel investor.
price is 0.00002 BTC per FIMK, please PM me if you are interesting.
hero member
Activity: 739
Merit: 500
Jep it is. But don't forget that the amount of available Fimk is currently 333 million, not 1 billion and during the IPO more than 500 btc have been gathered, so investors won't sell low to have ROI.

It will be interesting to watch how the price develops. With only 333 million available and the reward system giving out coin for forging, there is actually an incentive to buy in early. The forging return is quite nice. Someone should make some calculations.
hero member
Activity: 697
Merit: 500
I just wanted to chime in and say that I was able to download, install and run the client on the first try with no problems. Nice interface too. I'm not a coder or programmer and tend to not understand the technical details behind cryptos. As such I had so much trouble with handling the NXT client when it first came out and for the first several months. So the fact that I had no problems getting set up on this brand new crypto says a lot. I'm very impressed. Great job Smiley
Thank you, this means a lot! Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Distributing the early block rewards received by the organization's accounts will have to wait somewhat for a less hectic time period. There will be time for that but not now - I just got off phone interview with two major Finnish financial news publishers Wink


Those are such a wonderful news. If my guess is correct about the puplishers, we will see lot of newbies here in upcoming days!
legendary
Activity: 1232
Merit: 1001
Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Great idea.  A QT-based wallet would be very good.
legendary
Activity: 1232
Merit: 1001

You are not gonna regret buyin at that price.

FIMK will be really big thing in future!

its just a clone of nxt

Not quite.  A huge fundamental NXT problem is solved by FIM -- NXT has no block reward, but FIM does!!!  This makes a gigantic difference to how things play out and keeps the community highly incentivised.

Overall FIM improves the following.

  • Adds block reward incentive for forging
  • 30 sec block time - makes decentralised asset exchange much faster
  • 0.1 min TX fee - encourages spending with lower TX fees

FIM is a contender and is here to stay.
hero member
Activity: 773
Merit: 500
Heatledger.com
I just wanted to chime in and say that I was able to download, install and run the client on the first try with no problems. Nice interface too. I'm not a coder or programmer and tend to not understand the technical details behind cryptos. As such I had so much trouble with handling the NXT client when it first came out and for the first several months. So the fact that I had no problems getting set up on this brand new crypto says a lot. I'm very impressed. Great job Smiley
Thank you, this means a lot! Thanks to NXT's Wesley for the base of the better web client - which we might however remake extensively in the future as well as deploy a standalone executable client.

Distributing the early block rewards received by the organization's accounts will have to wait somewhat for a less hectic time period. There will be time for that but not now - I just got off phone interview with two major Finnish financial news publishers Wink
newbie
Activity: 52
Merit: 0
Btw, why is it that I see my dashboard with a "200" forged balance and after the next block the balance is reset to zero?

Your block is overruled by another block from another forger with a higher difficulty.
There is nothing you can do about that. In very unfortunate situations (depending on your point of view) you could forge many blocks before your client realizes another chain of blocks has a higher difficulty and it will cause all blocks to disappear, thats called being on a fork.

Generally (after block 2880), upon receiving funds how long does a genesis account need to wait before those funds are effective balance used for forging?  How long goes a non-genesis account need to wait, generally (after block 2880)?


The stakeholder advantage will stop after block 2880, you really should make a transaction before that. Or wait 1440 after that block.

I just wanted to chime in and say that I was able to download, install and run the client on the first try with no problems. Nice interface too. I'm not a coder or programmer and tend to not understand the technical details behind cryptos. As such I had so much trouble with handling the NXT client when it first came out and for the first several months. So the fact that I had no problems getting set up on this brand new crypto says a lot. I'm very impressed. Great job Smiley

Thank you, but NXT did pave the road for us.


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