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Topic: [ANN] FoxCoin - A Fully Dynamic Cyptocurrency [DYING] - page 78. (Read 111114 times)

member
Activity: 98
Merit: 10
No premine will ensure complete fairness.

A small premine, equal perhaps to 30 minutes of coin output (7500 coins) may be slightly better, if all (or most of) the rewards (pools, block explorer, first shop, etc ...) will be set before coin launch. Slight decrease in fairness may result in not so small increase in provided services and usability of the coin.

Larger premine that that ... and it will  do more bad than good.
I see. Thanks for the input, I will await for more responses and then speak with the devs about this. Also thanks to users techbytes and japie25 for also providing their 2 cents. All your opinions and suggestions will be taken into consideration.

Also I can assure you all that if we do indeed decide on a small premine like this the team will be open about it and the status of the coins will be public.
sr. member
Activity: 462
Merit: 251
No premine will ensure complete fairness.

A small premine, equal perhaps to 30 minutes of coin output (7500 coins) may be slightly better, if all (or most of) the rewards (pools, block explorer, first shop, etc ...) will be set before coin launch. Slight decrease in fairness may result in not so small increase in provided services and usability of the coin.

Larger premine that that ... and it will  do more bad than good.
hero member
Activity: 532
Merit: 500
What does the fox say? PoW PoW PoW PoW PoW pe-PoW.
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
The fox says no premine...   Grin


-tb-
full member
Activity: 126
Merit: 100
If you don't put your money in this nobody's gonna waste time with this.

 Kiss
newbie
Activity: 18
Merit: 0
A small premine would be best
member
Activity: 98
Merit: 10

Legacy Logo:http://i.imgur.com/OUOWu2Q.png or http://i.imgur.com/YCbPNT9.png


oxCoin
A fully dynamic cryptocurrency

Join the FoxCoin IRC Chat Rooms here!

FoxCoin Background contest, big rewards
Earn tons of free FOX
FoxCoin Giveaway
Decide the FoxCoin Foundation's spending policy. (And earn 50 FOX)

Vote for FoxCoin on AllCrypt
Vote for FoxCoin on Cryptsy
Vote for us on MintPal

Trade FOX on poloniex [FOX/BTC]
Trade on SwissCex! [FOX/BTC]
Trade on Coins to the moon! [FOX/BTC] + [FOX/LTC] + [FOX/DOGE] + [FOX/IFC]
Trade FOX on cryptorush.in [FOX/BTC] + [FOX/LTC]
Trade FOX on Coin-Swap! [FOX/All the things]
----------------------------------------------------------------------
General Information
Block Distribution: PoW
Algorithm: Scrypt
Maximum Coins: 1 Billion (1,000,000,000)
Block Retarget: 60 Seconds
Difficulty Retarget: Kimoto Gravity Well
Ports: RPC: 9919, P2P: 9929
Confirmations: 2 Confirmations per transaction
Block Reward: See below.
Premine: 25,000 FOX (0.000025%).

----------------------------------------------------------------------
Block Reward:
Genesis Block: 250 FOX
Halving: None, decreases by 0.000125 FOX every block (1 FOX every 8000 Blocks)
Halving Stop: Stops at block 1,960,000, resulting in 5 FOX reward
Reward after Halving stop: 5 FOX (All FoxCoins will be mined within 282 Years)
Expected block rewards according to Time:

----------------------------------------------------------------------
Premine:
Update: We're thinking about premining 25K coins for initial bounties and givaways. Please post thoughts on this

Update: We have decided to do a 25K (100 block, or 1 hour and 40 minutes) premine.
Please view ledger below to see how rewards will be distributed.

----------------------------------------------------------------------
FoxHole Evolution:
Making the foxhole easier to use and more friendly to somebody who is completely new to cryptocurrency. This is one of the main goals of FoxCoin.
Progress so far:

Tutorials:
Guides to help people new to cryptocurrency.
STATUS: WIP
PROGRESS: [==========] 80%

Statistics:
A screen that shows realtime statistics about the FoxCoin tunnel network
STATUS: COMPLETE
PROGRESS: [==========] 100%

INBUILT DIGGER:
A GUI in the FoxHole that allows new users to easily dig FoxCoins
STATUS: WIP
PROGRESS: [==========] 60%

Inbuilt Explorer:
A inbuilt acre explorer that allows you to have a detailed few of the FoxCoin Acrechain
STATUS: WIP
PROGRESS: [==========] 70%

----------------------------------------------------------------------
FoxCoin Infrastructure:


Digging Ponds:
Featured: http://pond.foxcoin.info/ [RECOMMENDED]
http://fox.cryptoma.com/

Zero Fees - All Donations are given to the FoxCoin foundation
---------------------------------------------------
http://fox.hackshard.com/ 1% Fee Enforced
https://fox.altcoinmine.org/ 1% Fee Enforced
http://fox.united-miners.com/ 1% Fee Enforced
http://fox.updamoon.com/ 1% Fee Enforced
http://fox.luckyminers.com/ Zero Fees
https://fox.hash.so/ Zero Fees
http://foxcoin.morehash/ Zero Fees


Decentralized P2Pools:
FoxCoin supports decentralization, please help us prevent 51% attacks by mining in a decentralized p2pool.
How to use Decentralized P2Pools:
Username = FoxCoin Opening
Password = Anything
URL = P2Pool node
Port = 9919 unless otherwise specified

Quote
Pool UR: fox.doxmon.com:9199
Statistics: http://fox.doxmon.com:9199

Quote
1% Fee Enforced
Statistics: http://taken.pl
Pool URL:  http://taken.pl:9199

Quote
Statistics: 76.120.23.46:9199/static/
Pool URL: URL 76.120.23.46:9199

Information Centers:
http://foxcoin.info/ [IN PROGRESS]
Block Explorer - Altpool.pw
Block Crawler - Daemoncoins
Block Explorer - The Digital Mint


Community Areas:
VK - Foxcoin Russian [English Users Welcome]
Reddit - /r/foxcoins
Twitter - FoxCoinDev
FaceBook - FoxCoins
QQ Group 243569124 - Discuss FoxCoin here!


Nodes:
Quote
addnode=node-us.foxcoin.info
addnode=node-us2.foxcoin.info
addnode=pool.us.hackshard.com
addnode=pool.eu.hackshard.com
addnode=176.9.189.114
addnode=5.135.153.118
addnode=123.176.103.130
addnode=174.60.84.23
addnode=109.235.64.156
addnode=217.172.183.11
addnode=5.135.153.118
addnode=216.244.74.180
addnode=69.64.38.78
addnode=190.97.165.170
addnode=98.215.74.213
addnode=76.120.23.46
addnode=94.230.253.169
addnode=95.95.107.190


FoxCoin Services & Merchants:
Coming Soon!

News Aritcles:
Crypto Articles - FoxCoin

Faucets:
faucet.foxcoin.info - Daily FOX [OFFICIAL FAUCET]
----------------------------------------------------------------------
Premine Distribution:
Discontinued


FOX Owed:
2,500 --> Thom (TX: 212b41b113eaebb98434fef857e900dff48f4bb984edb882088837bd78765a1d)
2,500 --> Leather (TX: cb5da1d14c6386b95401b190732e5606a8985ae013e7fc513fa9d3b668ab7c84)
5,000 --> Pythonideus/Devianttwo (TX: 9383e864c6d971e9a84ab2ff149236e4dfc54968e2a55fadbaae7f59e4330b19)
3,000 --> Devianttwo (TX: 934377cdea1a392eb0225f87c4591a623d2e63acde06176ac5b35b9cb3b07da7)
2,500 --> add1ct3ed (TX: ed6c19bf050891b95679ea5ac40d83c8bf4783b6f2eb4e9e96d3fe9255ff2ce9)

----------------------------------------------------------------------
Downloads:
Windows QT 1.6.0
Mirror

Source 1.6.0
Mirror
Mirror - GitHub

OSX-QT
Mirror

Ponds update NOW! RPC is fixed!

----------------------------------------------------------------------
Donations:
The devs accept donations:
FoxCoin: x19UY4RUjGnFMWsoJ8viDcdXJLU5kkwBQX
BitCoin: 115qGeFQGhjJWhEvCdgkqmLBNhRa2cesVf
Please note that you are not 'buying' anything by donating, you are donating. You will in no way be directly given anything for your donations unless otherwise specified.



DO NOT SEND ME BITCOINTALK MESSAGES. THEY WILL BE IGNORED

Join the FoxCoin IRC Chat Room's here!

-------------------------------------------------------------------------------

Dear Reader,

FoxCoin is dying. I suggest you discontinue all mining operations and other operations involving foxcoin as you are only wasting your time. As a developer I had plenty of fun with FoxCoin involving designing the statistics page and the mining page as they were challenges for my limited programming knowledge. Even though FoxCoin never reached its ultimate goal I am still happy with the turnout and the fact that it has lasted this long.

As of this message all development support of FoxCoin has been discontinued. All FoxCoin-Foundation provided services will remain online for a while.

As a final note I would like to say I have not profited from FoxCoin (despite having the opportunity) in terms of FOX spent I've far exceeded the premine. It wasn't long after launch that the foundation became entirely donation-dependant as the premine funds were depleted.

The remainder of the foundation funds (~130k FOX) are sitting in a few addresses. They have not been spent and I have no intention of dumping those coins onto an exchange.

- AnonyFox_ (4/21/2014)
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