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Topic: [ANN] [FRAC] Fractalcoin | **Added to Cryptsy** | X11 | Slingshield | % fees - page 22. (Read 129693 times)

sr. member
Activity: 249
Merit: 250
Hi,
for all they need a little faucet...
you are welcome @
http://faucet.fractalcoin.org

cu and don't cry to much about the price remember btc was also just some cents  Tongue

But btc was the first coin in cryptocurrency.
Nowadays people creating coins every hour or minute. It will be hard to survive, you have to competete with other coins. New features and more..

I think the point is that even bitcoin was considered worthless until people realized its value and innovation.

Sure, no crypto has been as innovative as bitcoin was.

But there have been many cryptos that were reasonably innovative and did very well once the market caught on.

Perhaps FRAC will be the first of many slingshield coins and begin a slingshield boom, just like the scrypt boom (litecoin), the stake boom (ppc), the cpu boom (primecoin/quark), the meme boom (dogecoin) and the anon boom (darkcoin).
full member
Activity: 130
Merit: 100
Hi,
for all they need a little faucet...
you are welcome @
http://faucet.fractalcoin.org

cu and don't cry to much about the price remember btc was also just some cents  Tongue

But btc was the first coin in cryptocurrency.
Nowadays people creating coins every hour or minute. It will be hard to survive, you have to competete with other coins. New features and more..
legendary
Activity: 2716
Merit: 1116
Hi,
for all they need a little faucet...
you are welcome @
http://faucet.fractalcoin.org

cu and don't cry to much about the price remember btc was also just some cents  Tongue

Nice!

Very good, congrats.

Things will be better for FRAC.

Cheers
full member
Activity: 140
Merit: 100

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member
Activity: 81
Merit: 10
Hi,
for all they need a little faucet...
you are welcome @
http://faucet.fractalcoin.org

cu and don't cry to much about the price remember btc was also just some cents  Tongue
sr. member
Activity: 249
Merit: 250
Personally I'd like to know a bit more about slingshield as well.

Are there any resources available where I can read more?



Full details about the Slingshield difficulty adjustment algorithm are available in the white paper here.



Thanks Smiley
newbie
Activity: 39
Merit: 0
Personally I'd like to know a bit more about slingshield as well.

Are there any resources available where I can read more?



Full details about the Slingshield difficulty adjustment algorithm are available in the white paper here.


sr. member
Activity: 249
Merit: 250
Personally I'd like to know a bit more about slingshield as well.

Are there any resources available where I can read more?
full member
Activity: 301
Merit: 100

Plus a tweet or two might help - no news is good news but silence can cause alarm!

I'm confident you're a skilled and aspirational dev team with a strategy but the world needs to know that in order for you to succeed Cheesy
full member
Activity: 301
Merit: 100
Linux wallet  [Coming soon]
i wait for it.

We haven't considered Linux binaries a huge priority thus far because it's relatively easy to compile, and building binaries that work on every Linux distribution is not trivial.

is this coin only a BTC side project? test if 0.5% fee can still support the mining?  or u devs will offer sth new to frac?

waiting for the answer,,,,,,

And as for a quick update as to what I've been up to, as primary developer.

First, I successfully reproduced the safe mode bug that happened at the planned fork of Fractalcoin on Bitcoin 0.9. This was reported to them, and is considered a minor security issue for bitcoin. (look for my name in the next release notes Smiley ) Also we will be merging in their fix when it is completed and tested.

Second, hey, have you tried Fractalcoin v1.2 beta yet!? This update includes a "defaultsubtractfees" option, which should greatly ease the migration of services to supporting percentage based fees. Everyone keeps asking for updates, but conveniently miss this update.

Third, a much more ambitious effort is underway to attempt to make multisig easy to use from the graphical wallet. Our network was made ready for it with this commit. This change that was put in before the last fork ensures elaborate pay-to-scripthash will be counted as standard transactions by the network. This allows transaction forms that have not been imagined yet, as well as allowing multisignature transactions using up to 15 keys. Fractalcoin is the only coin with this supported. Even though it was pulled upstream from bitcoin, it will be years before enough miners and relays on the bitcoin network upgrade to support it. So, as multisig becomes more and more pervasive, Fractalcoin will be perfectly positioned and ready for the next generation of online wallets and services utilizing multisig.

Fourth, no we will not be adding anonymous, tor, stealth, pos, X42, fancy UI, IPO, PoT, or whatever the most recent fad is. We will add features other coins add only when it suites the direction of Fractalcoin, as well as being proven to be secure.

Also, like everyone else has said, we are in IRC all the time. If you have questions or concerns, join our growing community there. We try to answer questions, and post important things here. However, because it's a single thread, maintaining a coherent discussion on a topic is very difficult. This is why we encourage people to branch out from this forum to our reddit or IRC channel.

And one last bit, remember it's almost bonus day! prepare your miners. There are around 6,000 blocks left, or 4 days, until we enter the 40 FRAC block rewards for 1 day. Don't miss it!

Investors are just worried about the price drop over the last few weeks and are getting twitchy

Sounds like you're committed and have done some great work that the rest of the community is taking heed of

What are the long term prospects in terms of distribution etc? Maybe people just need reminding for peace of mind Smiley
sr. member
Activity: 439
Merit: 250
mmmmmm
Linux wallet  [Coming soon]
i wait for it.

We haven't considered Linux binaries a huge priority thus far because it's relatively easy to compile, and building binaries that work on every Linux distribution is not trivial.

is this coin only a BTC side project? test if 0.5% fee can still support the mining?  or u devs will offer sth new to frac?

waiting for the answer,,,,,,

And as for a quick update as to what I've been up to, as primary developer.

First, I successfully reproduced the safe mode bug that happened at the planned fork of Fractalcoin on Bitcoin 0.9. This was reported to them, and is considered a minor security issue for bitcoin. (look for my name in the next release notes Smiley ) Also we will be merging in their fix when it is completed and tested.

Second, hey, have you tried Fractalcoin v1.2 beta yet!? This update includes a "defaultsubtractfees" option, which should greatly ease the migration of services to supporting percentage based fees. Everyone keeps asking for updates, but conveniently miss this update.

Third, a much more ambitious effort is underway to attempt to make multisig easy to use from the graphical wallet. Our network was made ready for it with this commit. This change that was put in before the last fork ensures elaborate pay-to-scripthash will be counted as standard transactions by the network. This allows transaction forms that have not been imagined yet, as well as allowing multisignature transactions using up to 15 keys. Fractalcoin is the only coin with this supported. Even though it was pulled upstream from bitcoin, it will be years before enough miners and relays on the bitcoin network upgrade to support it. So, as multisig becomes more and more pervasive, Fractalcoin will be perfectly positioned and ready for the next generation of online wallets and services utilizing multisig.

Fourth, no we will not be adding anonymous, tor, stealth, pos, X42, fancy UI, IPO, PoT, or whatever the most recent fad is. We will add features other coins add only when it suites the direction of Fractalcoin, as well as being proven to be secure.

Also, like everyone else has said, we are in IRC all the time. If you have questions or concerns, join our growing community there. We try to answer questions, and post important things here. However, because it's a single thread, maintaining a coherent discussion on a topic is very difficult. This is why we encourage people to branch out from this forum to our reddit or IRC channel.

And one last bit, remember it's almost bonus day! prepare your miners. There are around 6,000 blocks left, or 4 days, until we enter the 40 FRAC block rewards for 1 day. Don't miss it!
sr. member
Activity: 249
Merit: 250
Linux wallet  [Coming soon]
i wait for it.

Are you talking about a pre-built binary as opposed to compiling yourself? (I haven't tried either).

If you just need a hand compiling I might be able to help.

Which flavour of linux are you running?
sr. member
Activity: 264
Merit: 252
alt coins trader/miner.
is this coin only a BTC side project? test if 0.5% fee can still support the mining?  or u devs will offer sth new to frac?

waiting for the answer,,,,,,

Why must a coin continue to add features? Everyone is clamoring for "new" things but mention nothing of what they want. We aren't just going to add something because it's the latest buzzword in crypto. If something comes a long that will add value to the coin, we take a look at it, but there is no guarantee we will add it simply because it's new.

And no, this isn't just a test coin.

-Skunky

yeah

that is true bro

everybody just wanna make money and nothing else!

i see that u a not the same dev as everybody

but bittrex trade inside wallet by api is very nice !

arent it ?
sr. member
Activity: 644
Merit: 251
1 million coins total and 90% in the first 28 days. But it seems that there will be only about 700000 coins before slingshield
sr. member
Activity: 466
Merit: 250
Linux wallet  [Coming soon]
i wait for it.
newbie
Activity: 29
Merit: 0
is this coin only a BTC side project? test if 0.5% fee can still support the mining?  or u devs will offer sth new to frac?

waiting for the answer,,,,,,

Why must a coin continue to add features? Everyone is clamoring for "new" things but mention nothing of what they want. We aren't just going to add something because it's the latest buzzword in crypto. If something comes a long that will add value to the coin, we take a look at it, but there is no guarantee we will add it simply because it's new.

And no, this isn't just a test coin.

-Skunky
sr. member
Activity: 249
Merit: 250
I agree with the devs.

This coin has all the hallmarks of something that will take off, it's just hard to predict when the market will catch on.

Quark was basically worthless for a couple of months if I remember, then people noticed it and it shot up to tens of millions market cap.

DRK was also very cheap before people noticed it.




member
Activity: 61
Merit: 10
Nobody understands how fair PoS distribution works. Sad. This coin is about to blow up. (In a good way)
sr. member
Activity: 742
Merit: 260
is this coin only a BTC side project? test if 0.5% fee can still support the mining?  or u devs will offer sth new to frac?

waiting for the answer,,,,,,
newbie
Activity: 9
Merit: 0
An advice to people getting desperate with price drops of FRAC (155k to 10k):

If you can´t handle the pressure of the AltCoins´ market, gave up, go mining BTC instead.
The prise drops from 320k to 10k - but the wallet is stable  Cheesy
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