[ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 252.

YoyodyneSystems

legendary

Activity: 1386

Merit: 1023

Quote from: YoyodyneSystems on March 22, 2014, 01:31:53 AM

So all these forks kills some coins right? So there are less coins in existence than stated in the blockchain?

Someone wants to buy the whole coin out. Just the problem is how long is that going to take.
How much is enough? Such greeeeeed! Lol.

This could have been a 3 million coin within just a few days with all that hype. But they want more coins
so who knows.

I guess slow and steady is ok.

seattletu

sr. member

Activity: 336

Merit: 250

100000 at 450
719000 at 451
421000 at 453
251000 at 456

seattletu

sr. member

Activity: 336

Merit: 250

there are some huge buy walls in the 450-460 range on both bter and mintpal

YoyodyneSystems

legendary

Activity: 1386

Merit: 1023

So all these forks kills some coins right? So there are less coins in existence than stated in the blockchain?

seattletu

sr. member

Activity: 336

Merit: 250

Sounds like we will need to make a static block reward. It can't prevent multipools but it might help

moonpool

full member

Activity: 126

Merit: 100

Quote from: kache on March 21, 2014, 09:44:43 PM

Quote from: cloudminers on March 21, 2014, 06:39:40 PM

I closed the registrations temporarily at Cloudminers.
Guys spread the hash among the pools.

I love it that Cloudminers is one of the biggest pools, but lets keep it under 51%.

Cloudminers has 0.6GH/s out of a 5GH/s network, it's not even close to 50%...

4-6GH keeps jumping on and off due to multipools. Which is exactly why it keeps forking. When he posted the message you are replying to cloudminers had around 60% of the network.

seattletu

sr. member

Activity: 336

Merit: 250

that spaincoin seems to be losing some steam. i wonder how long until those people start hopping on fluttercoin

YoyodyneSystems

legendary

Activity: 1386

Merit: 1023

Just a comment on the latest in terms of value.

There are endless buys for this coin between 400-800 the last few days. The volume is still huge.
This leads me to believe large buyers have future intentions for price.

If it's a few days or a few weeks - that remains to be seen. They would need to get market share to push
the price into the millions for market cap. 1-3 million $ cap.

So time will tell. Looks like a mass buying period with some intentional downward pressure on price.

So look great - just a matter of time.

CrunchHarder

newbie

Activity: 42

Merit: 0

Come and spread some of the hash rate around and mine with the UK-based
CrunchHarder FLTCoin Pool for security, redundancy and stability.

https://flt.crunchharder.net

https://crunchharder.net/images/logo-sm.jpg

Our dedicated Support Helpdesk is https://helpdesk.crunchharder.net
and we actively welcome and support new miners!

kache

full member

Activity: 140

Merit: 100

Bored

Quote from: cloudminers on March 21, 2014, 06:39:40 PM

I closed the registrations temporarily at Cloudminers.
Guys spread the hash among the pools.

I love it that Cloudminers is one of the biggest pools, but lets keep it under 51%.

Cloudminers has 0.6GH/s out of a 5GH/s network, it's not even close to 50%...

cloudminers

full member

Activity: 196

Merit: 100

I closed the registrations temporarily at Cloudminers.
Guys spread the hash among the pools.

I love it that Cloudminers is one of the biggest pools, but lets keep it under 51%.

seattletu

sr. member

Activity: 336

Merit: 250

Quote from: thekidcoin on March 21, 2014, 06:18:59 PM

http://peercoin.net/minting

"Minting can be performed by running a full node of the client"

what does that mean? just leaving your wallet running?

thekidcoin

sr. member

Activity: 308

Merit: 250

FlutterCoin Developer

Quote from: moonpool on March 21, 2014, 06:07:14 PM

Quote from: thekidcoin on March 21, 2014, 06:02:46 PM

Quote from: moonpool on March 21, 2014, 06:00:41 PM

Quote from: thekidcoin on March 21, 2014, 05:57:27 PM

http://explorer.fluttercoin.us/

This is the be all end all block height. If they fork off because of hashrate issues etc, they need to re-download their blockchain...

They will start getting reigned in by invalid checkpointing. We use central checkpointing.

It's not a client issue.
Cloudminers clearly have more than 51% of the network and are constantly getting too far ahead in the chain if you look at their block page, other pools are obviously mining and probably getting two blocks in a row, submitting that chain, and causing them to get too far ahead and end up with orphans:
http://flt.cloudminers.net/index.php?page=statistics&action=blocks

^ this

14399
14398
14394
14389
14388
14384
14380
14368
14363
14362
Cloudminers may be causing their own chain to orphan, just saying.

They are for sure... forks to worry about are ones caused by other reasons like trying to use true random (un-seeded) rewards, the difficulty issue last year with CAPS, etc. All our issues were stratum related.

Will release the details on those issues, updates (including stratum-mining code update for this coin), ASAP.

thekidcoin

sr. member

Activity: 308

Merit: 250

FlutterCoin Developer

http://peercoin.net/minting

thekidcoin

sr. member

Activity: 308

Merit: 250

FlutterCoin Developer

Quote from: seattletu on March 21, 2014, 06:06:13 PM

Quote from: Makitaki on March 21, 2014, 05:18:01 PM

Quote from: stormia on March 21, 2014, 03:32:39 PM

Quote from: stormia on March 21, 2014, 01:34:50 PM

Hey all, sorry for the stupid question: What is the PoS setup for this coin? (when does it start, what coinage is required to stake, what is the % reward?). Sorry if this is already posted somewhere obvious.

Thanks

Anybody know? I don't see this info on the OP.

The dev answered once in the old thread: stake age is 30/90 days, PoS reward initially is 100%, and the coin uses the NVCS model (read more about it here).

I'd strongly advise thekidcoin to finally add all the necessary info (concerning PoT and PoS) to the OP, as these questions WILL be asked again, and again, and again... and again!

can someone elaborate a little on what 30/90 means for stake age? is that you have to wait a minimum of 30 days, or up to a maximum of 90 days to get your stake? so it's random between those days?

30 days is the minimum 90 days max reward, reward is roughly 5%. Same as PPC except for the 5% instead of 1% minimum

moonpool

full member

Activity: 126

Merit: 100

Quote from: thekidcoin on March 21, 2014, 06:02:46 PM

Quote from: moonpool on March 21, 2014, 06:00:41 PM

Quote from: thekidcoin on March 21, 2014, 05:57:27 PM

http://explorer.fluttercoin.us/

This is the be all end all block height. If they fork off because of hashrate issues etc, they need to re-download their blockchain...

They will start getting reigned in by invalid checkpointing. We use central checkpointing.

It's not a client issue.
Cloudminers clearly have more than 51% of the network and are constantly getting too far ahead in the chain if you look at their block page, other pools are obviously mining and probably getting two blocks in a row, submitting that chain, and causing them to get too far ahead and end up with orphans:
http://flt.cloudminers.net/index.php?page=statistics&action=blocks

^ this

14399
14398
14394
14389
14388
14384
14380
14368
14363
14362
Cloudminers may be causing their own chain to orphan, just saying.

seattletu

sr. member

Activity: 336

Merit: 250

Quote from: Makitaki on March 21, 2014, 05:18:01 PM

Quote from: stormia on March 21, 2014, 03:32:39 PM

Quote from: stormia on March 21, 2014, 01:34:50 PM

Hey all, sorry for the stupid question: What is the PoS setup for this coin? (when does it start, what coinage is required to stake, what is the % reward?). Sorry if this is already posted somewhere obvious.

Thanks

Anybody know? I don't see this info on the OP.

The dev answered once in the old thread: stake age is 30/90 days, PoS reward initially is 100%, and the coin uses the NVCS model (read more about it here).

I'd strongly advise thekidcoin to finally add all the necessary info (concerning PoT and PoS) to the OP, as these questions WILL be asked again, and again, and again... and again!

can someone elaborate a little on what 30/90 means for stake age? is that you have to wait a minimum of 30 days, or up to a maximum of 90 days to get your stake? so it's random between those days?

thekidcoin

sr. member

Activity: 308

Merit: 250

FlutterCoin Developer

Quote from: moonpool on March 21, 2014, 06:00:41 PM

Quote from: thekidcoin on March 21, 2014, 05:57:27 PM

http://explorer.fluttercoin.us/

This is the be all end all block height. If they fork off because of hashrate issues etc, they need to re-download their blockchain...

They will start getting reigned in by invalid checkpointing. We use central checkpointing.

It's not a client issue.
Cloudminers clearly have more than 51% of the network and are constantly getting too far ahead in the chain if you look at their block page, other pools are obviously mining and probably getting two blocks in a row, submitting that chain, and causing them to get too far ahead and end up with orphans:
http://flt.cloudminers.net/index.php?page=statistics&action=blocks

^ this

thekidcoin

sr. member

Activity: 308

Merit: 250

FlutterCoin Developer

Quote from: Amph on March 21, 2014, 05:25:58 PM

forked again maybe?

this coin is notorious for multifork

pools - specifically stratum pools caused every issue this coin has seen, including block stalls (which is my I am having to mod the statum-mining code to work), etc. Forks are caused 100% by lopsided hashrate.

moonpool

full member

Activity: 126

Merit: 100

Quote from: thekidcoin on March 21, 2014, 05:57:27 PM

http://explorer.fluttercoin.us/

This is the be all end all block height. If they fork off because of hashrate issues etc, they need to re-download their blockchain...

They will start getting reigned in by invalid checkpointing. We use central checkpointing.

It's not a client issue.
Cloudminers clearly have more than 51% of the network and are constantly getting too far ahead in the chain if you look at their block page, other pools are obviously mining and probably getting two blocks in a row, submitting that chain, and causing them to get too far ahead and end up with orphans:
http://flt.cloudminers.net/index.php?page=statistics&action=blocks

Edit: All someone has to do is match your hashrate (700MH+, which a lot of multipools have) and you got a forked chain/orphans.

Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 252. (Read 368097 times)