Topic: [ANN] Francs FRN - www.francs.paris - page 42. (Read 137830 times)

Haters gonna hate, hope this continue!

Talking about translations, how I can translate online wallet?

From Dev Max_money is just a sanity check for transactions. The actual total coins is determined by the emission schedule, which is:

261350*20 for the first 2 years.
261350*20 same amount over the next ~122 years or so.
Plus the 5% premine

Subsidy halves every 261350 blocks (approx 2 years worth). Distribution looks as follows:

Year 2: 50% of coins mined
Year 4: 75% of coins mined
Year 6: 87.5% of coins mined

Minus about 20*200 for initial blocks that didn't rewarded anything. All totaled up, it comes in at slightly under 11 000 000.

I will translate online wallet and this thread to spanish language soon

Pretty good step then, people should feel a bit more confident to buy/hold/trade and/or follow the coin now. I'll try to grab a few to satisfy my gambling needs  .

I think you were nicely hinted by Crypto_Towelie that MAX_MONEY is not for limiting the supply.

@wurstgelee

That's right.

Well, I know what quality costs. At the current mining cost your quality is over top notch, which is to say: way overvalued.

I hope you do the right thing and listen to the community. Good luck.

To ensure I get what you are saying:

- 540k premined FRN (out of 550k premined FRN total), those 540k will be timelocked in the code
- 270k of the premined, timelocked coins (50%) will be released on April 25th 2016 (thats in 3 months btw )
- the remaining 270k will be released on January 1st 2017

Did I get that right?

main.h line 59 MAX_MONEY = 11000000 * COIN;

What are you talking about ?

Does this mean you think the max amount of coins will be 11000000?
https://github.com/FRN-Crypto/FRN/blob/master/src/main.h#L59
https://github.com/FRN-Crypto/FRN/blob/master/src/main.cpp#L1094-L1096

That is not what that line in main.h is about  

Hey Shapetwist,

Actually being listed on coinmarketcap would give much more visibility.
Distribution may raises questions. But it seemed obvious for us that we won't commit suicide by mass selling the premine. Even if we wished to do so, there is no actual buy force able to buy 550 000 FRN at any decent price. This simply don't make sense.

We built a full project, including a full information website with 200+ articles, got three different trademarks for names and logos. Hours and hours of work. None of the people here seems to realize what quality actually costs.

Anyway we got it and we'll find a way to relax things.
I'll follow up later.

Why do you need an exchange add right now if there is no fair distribution?
Besides yours, there are a few coins out there. What's your interest making a market out of that? A market can't be made just because.

Getting added by an exchange doesn't mean the launch is successful, actually in this specific case it raises a lot of questions.

I didn't mine, but I followed with interest. At this point I feel it's a quite unfair direction you are taking, so I won't be buying coins off a freshly listed exchange..

What is going on here guys?! 

Here's the emission curve untill the next halving.

Date / Created by Month / Total / % of the total.

01/2016 : 622 000 / 622 000 / 5.65%
02/2016 : 208 800 / 830 800 / 7.55%
03/2016 : 223 200 / 1 054 000 / 9.58%
04/2016 : 216 000 / 1 270 000 / 11.55%
05/2016 : 223 200 / 1 493 200 / 13.57%
06/2016 : 216 000 / 1 709 200 / 15.54%
07/2016 : 223 200 / 1 932 400 / 17.57%
08/2016 : 223 200 / 2 155 600 / 19.6%
09/2016 : 216 000 / 2 371 600 / 21.56%
10/2016 : 223 200 / 2 594 800 / 23.59%
11/2016 : 216 000 / 2 810 800 / 25.55%
12/2016 : 223 200 / 3 034 000 / 27.58%

01/2017 : 223 200 / 3 257 200 / 29.61%
02/2017 : 201 600 / 3 458 800 / 31.44%
03/2017 : 223 200 / 3 682 000 / 33.47%
04/2017 : 216 000 / 3 898 000 / 35.44%
05/2017 : 223 200 / 4 121 200 / 37.47%
06/2017 : 216 000 / 4 337 200 / 39.43%
07/2017 : 223 200 / 4 560 400 / 41.46%
08/2017 : 223 200 / 4 783 600 / 43.49%
09/2017 : 216 000 / 4 999 600 / 45.45%
10/2017 : 223 200 / 5 222 800 / 47.48%
11/2017 : 216 000 / 5 438 800 / 49.44%
12/2017 : 223 200 / 5 662 000 / 51.47%


We will suspend 540.000 FRN until April 25th. For 3 months.

After this, 50% of the premined coins will be released. This will represent approximately 19-20% of the total coin supply.
Keep in mind the premine is shared between 4 holders. The resting 50% will be released next year at FRN 1st anniversary.

I hold 20.000 FRN, this amount was dedicated to the Paypal service which I'm in charge. I think I can lower it to 10.000 FRN. That should be enough until April.

Now we'll check the most secure way to implement this.

I've heard, please be patient.


The FUDer contacted Yobit telling them not to add the coin. I've been dealing with that mad kid in PM for quite some time. He's mad and needs to bitch against me and the project. He's making it a purely personal affair.

Anyway we'll come up with a solution tonight. But it won't be integrated before this week-end.

Is it on any exchanges?

Sorry had some personal issues here at home but pool is up and running

http://frn.slugmonkeypool.net

Not a single μFRN will move. Premine addresses are public. If anything moves at this early stage everybody will be able to see it. That's not going to happen.
Now just let us work, continue our journey, and relax.

I'm not being arrogant but you sure are being childish. Would you please stop adding fuel to the fire. If you don't make any effort I'll have no choice than to moderate again.

Let's keep a decent thread with decent conversation.

oi oi dont need to get nasty, i had been mining this coin, which makes me an investor, nice to call investors annoying and tell them they know nothing !!

stop fudging it over, and deleting posts, we all know what happens next. (more bullshit from an arrogant/greedy lying dev.)