maybe someone can give me a quick update on the status
Slingshield is a very interesting modification of Digishield.
There's a whitepaper here:
https://mega.co.nz/#!gBEQ3JhQ!0R40rMjdN8jbzxKAtH9X3ZciRx5yuBOsq7KWosGUFgo
But what I really like is the percentage-based-fees, because it works to solve the problem of securing the network as the block reward decreases.
This is a huge issue for Doge at the moment and I really wish they'd look at Fractal's take on things.
There was a bit of price hysteria when we switched over to slingshield but FRAC is still under most peoples radar.
The price has now returned to being extremely cheap but there's a lot less volume on the books, this means that it's very easy to push the price up or down.
I suspect that it won't take much interest to get the price moving up again, this time more solidly.
There are a lot of people who are really interested in FRAC's innovations and are holding medium-long term (myself included).
Everywhere I go I find that many people haven't looked into FRAC yet, but those who have really like it.
thx for the info. i might pick some up if the value drops any lower
When are all coins finished mined? Will this make price go lower?
Considering Fractal is pure PoW, now in Slingshield phase (1 FRAC reward per block found), the total of 1 million coins only and the actual low Net hash power (bellow 1 GH/s@ X11 algo), aprox. 200 days or a little more for miners.
The price depends more on other relevant factors now, as volume in exchanges, interest in the coin and a strong community that don't dump this rare coin at shit prices as now (bellow 10k sats - JESUS), price for this coin could be much higher (300k sat or more) if it had more experienced members in community and less short-term noobies dumping at these ridiculous prices...whoever is accumulating now buying these low prices sell orders will dictate the price in the future.
Just don't sell FRAC at low prices, keep buying these low prices sell orders and the price and Market cap will explode.