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Topic: [ANN] FTS Coin launched 2/2020 (Read 1209 times)

newbie
Activity: 47
Merit: 0
May 15, 2020, 11:59:09 PM
#55
Our CLI wallets and GUI wallets have all been updated with a minimum fee of 0.0001 FTS/transaction Smiley Come join our discord if you ever want our most up to date info https://discord.gg/hnD9fHh
newbie
Activity: 47
Merit: 0
April 29, 2020, 01:12:53 PM
#54
can you give coin specs please?

Sure

-25,000,000 total coin supply
-8% premine to be used toward coin development and growth
-100 year distribution time
-roughly 90 second blocks
-average current reward 1.37 FTS/Block
-asic resistant POW cryptonight algo
-later generation cryptonote fork privacy coin

1.37 FTS/Block and 2.000.000 premine... this doesn't make sense

Now the Premine of the actual emission is 97% ... 97%

In five years, the premine will be 50% ... but in five years no one will care.

Who is going to mine this coin for 1.37 reward, when you have 2 million?

This is the most centralized project I have ever seen, congratulations.

The way our pre-mine is being used has been clearly laid out in our whitepaper and has been adhered to very strictly. Calling us the "most centralized project ever" when the pre-mine represents 8% of the total supply (& projects exist where 50-100% is premined and controlled) is literally insane. All of our pre-mine is clearly spoken for in the roadmap that has been followed very strictly, and its also necessary for our POB system that rewards people for spreading mass adoption. I appreciate that your apprehensive, no one is forcing you to jump on board, but to the people that have been following https://projectfts.org and https://ftsmaps.com and https://ftsmothership.info the past year and have watched all our projects fulfill every promise we've made, those people know the truth and will be rewarded properly over time. Im sorry for your loss Smiley
full member
Activity: 430
Merit: 228
April 19, 2020, 08:39:08 PM
#53
can you give coin specs please?

Sure

-25,000,000 total coin supply
-8% premine to be used toward coin development and growth
-100 year distribution time
-roughly 90 second blocks
-average current reward 1.37 FTS/Block
-asic resistant POW cryptonight algo
-later generation cryptonote fork privacy coin

1.37 FTS/Block and 2.000.000 premine... this doesn't make sense

Now the Premine of the actual emission is 97% ... 97%

In five years, the premine will be 50% ... but in five years no one will care.

Who is going to mine this coin for 1.37 reward, when you have 2 million?

This is the most centralized project I have ever seen, congratulations.
newbie
Activity: 47
Merit: 0
April 18, 2020, 11:26:05 PM
#52
We added another FTS/BTC pair over at Asymetrex Smiley
https://asymetrex.com/markets/ftsbtc
newbie
Activity: 47
Merit: 0
April 18, 2020, 11:15:35 PM
#51
in discord YOU banned me for my questions, i think this coin is SCAM!!!
So because we didn't like your attitude in our community you are? What? Proving our point by acting like a child on here? LOL
Just because I didn't want to deal with your nonsense doesn't make the project a scam. We have accomplished every goal we've set forward exactly as laid out in our roadmap and whitepaper. Im sorry your feelings got hurt, get over it.
newbie
Activity: 47
Merit: 0
April 16, 2020, 12:10:15 PM
#50
Hey I just went to send a transaction and the fee was set at a minimum of 0.1FTS
Any reason it's so high? I don't like having to spend a full 0.1 every transaction

Great point! This is actually an aspect of FTS Coin that is already in the process of being changed. The new set fee min. per transaction is 0.0001 FTS Smiley The main nodes and CLI files have already been updated with the change and are available on our web site and on our github page. The GUI files including our phone wallets are getting updated with the new fee in a week or so. Anyone that would like to use the new set fee just go download the updated wallet files  Cool

On a side note, want to help support FTS Coin and watch the value of your FTS Coin go up, but don't want to spend any money?

Well go help us out by voting for us at https://www.btcsquare.net/vote
Sign ups free and quick, then go cast your free vote for FTS Coin
It's no KYC, just need an email to sign up  Grin
newbie
Activity: 4
Merit: 0
April 16, 2020, 10:25:44 AM
#49
Hey I just went to send a transaction and the fee was set at a minimum of 0.1FTS
Any reason it's so high? I don't like having to spend a full 0.1 every transaction
newbie
Activity: 47
Merit: 0
April 16, 2020, 12:50:11 AM
#48
Fun random fact for anyone that hasn't ever noticed before...the FTS logo https://github.com/ProjectFTS/FTS_LOGO/blob/master/Wallet.png is the letters FTS. Top things an F with some extra lines, middle thing is a T with a curvy bit to it, and the bottom symbol is an S.

What does FTS stand for: Fair Trade System.

What's the point of all this?
Our long term goal is to abandon word seeds as the only means of SHA256 data input for wallet generation and generate a secondary layer program that translates bio-metric data into something that can be used in the SHA256 algo.

Our short term goal is to build a network of small businesses using FTS Coin. We will do this by providing low transaction fees and rapid transaction times. We will make this available in many ways, like our already released woocommerce plugin and by incentivizing people to teach local businesses how to accept crypto via our POB earning system hosted from the FTS Mothership.

FTS is not your every day crypto, we are the spine of a new grassroots emphasis on using crypto to replace the worlds currencies. Our street volunteers are the FTS UFOs, Urban FUD Opposition Systems.

The entire system is supported by projectfts.org that provides easy to follow cartoons for business owners interested in crypto and FTS Maps that helps business owners share their crypto accepting businesses with the world.

Project FTS is not new, we have been an active crypto force since December 2018 and have been working hand in hand with groups across the crypto community since then. We did not offer any ICOs or IEOs because this is not about money to us, it's about providing a crypto system that identifies and fixes many current downfalls with options historically available while spreading information about cryptocurrency to small business owners.
newbie
Activity: 47
Merit: 0
April 14, 2020, 09:38:21 PM
#47
the price has fallen down as autumn leaves  Grin Grin Grin

Googee, markets go up and down. Im very proud your obsessed with our day to day market value, Im sure you bought the dip like any wise person would right before we list on a new exchange.
full member
Activity: 354
Merit: 100
April 14, 2020, 02:11:49 AM
#46
the price has fallen down as autumn leaves  Grin Grin Grin
newbie
Activity: 47
Merit: 0
April 01, 2020, 09:30:11 AM
#45
who bought that ?

Not sure what you mean by that, but speaking of buying stuff...FTS Coin now has a wordpress plugin for any woocommerce store that would like to accept FTS. http://ftscoin.xyz/Gateway

Big thanks to Mosu Forge over at http://ryo-currency.com for helping us get that finished up.
full member
Activity: 354
Merit: 100
March 31, 2020, 12:16:24 PM
#44
who bought that ?
newbie
Activity: 47
Merit: 0
March 16, 2020, 09:59:09 AM
#43
I forgot to mention earlier, the coin now has several pools to choose from.
http://ftscoin.xyz/pools
right now the network is averaging about 2mh, also if you got to the miningpool.fun pool option, it has parameters put in place that will allow for solo gpu mining if that is what you want to do Smiley
newbie
Activity: 47
Merit: 0
March 16, 2020, 09:55:42 AM
#42
Yes! FTS Coin is in the process of releasing a wordpress plugin it forked, and then will be releasing a couple FTS only web stores. We are hoping to have the wordpress payment gateway out within the week for folks that want to incorporate it.
newbie
Activity: 4
Merit: 0
March 16, 2020, 09:25:44 AM
#41
Are there any plans to connect FTS Coin to any online market places or web stores? I thought I saw something about that on the web site? Love the constant improvements Im seeing from this project so far
newbie
Activity: 47
Merit: 0
March 14, 2020, 06:34:32 PM
#40
Nice concept to create biometric base wallet, may we know about your team?
We have some info/contact info for our team up on our updated web page now Smiley http://ftscoin.xyz
We also added a basic paper wallet generator (new better one already in the works) and lists of nodes and pools people have access to.
newbie
Activity: 47
Merit: 0
March 14, 2020, 03:15:05 PM
#39
Our Mobile App just launched today on the google play store Smiley
https://play.google.com/store/apps/details?id=com.ftsvault
Awesome, what about IOS users ?

Code is already done for our IOS mobile app, we're waiting for the person that was going to spin it up into the final app file for us to get back from a family emergency though. So hopefully within the week, but maybe 2
newbie
Activity: 47
Merit: 0
March 14, 2020, 03:12:54 PM
#38
What about mining requirement can anyone explain it

I would recommend GPUs at this point, we have some pool options as well with good guides on our website. http://ftscoin.xyz/pools  Grin
 
newbie
Activity: 47
Merit: 0
March 14, 2020, 02:53:59 PM
#37
Is there any restriction to use FTS ?

No not at all, open source and available to anyone as long as local laws don't restrict it
newbie
Activity: 2
Merit: 0
March 11, 2020, 05:01:02 PM
#36
Is there any restriction to use FTS ?
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