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

Our CLI wallets and GUI wallets have all been updated with a minimum fee of 0.0001 FTS/transaction Come join our discord if you ever want our most up to date info https://discord.gg/hnD9fHh

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

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.

We added another FTS/BTC pair over at Asymetrex
https://asymetrex.com/markets/ftsbtc

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.

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 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 

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 

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

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.

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.

the price has fallen down as autumn leaves 

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.

who bought that ?

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

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.

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

We have some info/contact info for our team up on our updated web page now 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.

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

I would recommend GPUs at this point, we have some pool options as well with good guides on our website. http://ftscoin.xyz/pools 
 

No not at all, open source and available to anyone as long as local laws don't restrict it

Is there any restriction to use FTS ?

Awesome, what about IOS users ?

What about mining requirement can anyone explain it

Our Mobile App just launched today on the google play store
https://play.google.com/store/apps/details?id=com.ftsvault

We have a mobile wallet pending approval on the Play store, Getjar and Aptoide. So in the near future android users will be able to grab an FTS Coin wallet for their phone

Mining is asic resistant but for folks running GPUs we have a community developed pool available at http://fts.pool.work:8000

The current block reward is roughly 1.37 FTS with a block time of a little bit over 90 seconds

What is the initial price? It'll be available on BTC-FTS spot?

It's a great news that FTS got listed, hopefully in coming days it'll be listed on more exchange.

  FTS Coin is listed on https://cratex.io now  
FTS/BTC
FTS/DOGE
FTS/BTCZ
FTS/LTC

Thank you for all the support!

fts mining pool http://fts.pool.work:8000/
download srbminer1.9.3
run.bat:
SRBMiner-CN.exe --ccryptonighttype turtle --cpool fts.pool.work:3113 --cwallet fts1ZkJfU7Yif6BLECiXhSX6RDZaGfNgqST3rWeUhRhgi6ephMTm7NtVhLr2Q1qao7J6MxUhLpZn57T CrsNYuF8L47ng27yF5M

cpu discord:https://discord.gg/xyHCk2

For folks that had been asking about a pool, one of the FTS discord members got one set up already
http://fts.pool.work:8000/

Everyones allowed an opinion, though I feel this one makes no sense. I don't understand how a coin easily dumping rewards on people increases value? That hurts value if anything. A lot of people are mining FTS, therefore the competition for acquisition is high, which means the electricity put in for POW is higher, leading to a greater value. That's basic economics, supply vs demand.

Thank you for the response, but after 7hr mining only 4fts in the wallet? Not worth to mine this coin.

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

Thank you, we strongly believe the unique ability to generate wallet addresses directly from the blockchain using biometric data algos and hardware, thus ensuring a person can NEVER forget or lose their wallet seed without the use of centralization, will be a much needed innovation to the currently available options.

Our team is largely comprised of the same ppl that bring the community Project FTS
I'm the owner/lead dev of Project FTS; Jeremy

Our core team consists largely of contractors; 3 coders collaborating internationally, 3 graphics artists, 2 translators, 2 call center workers, a video editor, a data scraper and a security expert. This team of amazing helpers were already in place for FTSMaps.com and ProjectFTS.org though, and we are excited to turn this open source privacy coin over to the public From this point forward anyone that would like to get involved is more than welcome to, including but not limited to coin improvements, site improvements, graphic improvements or running nodes!

can you give coin specs please?

http://ftscoin.xyz   

No need for KYC at all When we get connected with exchanges over the next few months they will each have their own unique requirements, but this is a privacy coin. As far as anyone else on the network knows you could be a unicorn or their sibling.

We are on discord at
https://discord.gg/Y476PMV

Both the web site and section 3 of the white paper mention our pre-mine, and more importantly how it is to be used/distributed. Of the 25,000,000 FTS Coin released 2,000,000 or 8% was managed into a pre-mine to support further development and growth for the coin. Hope this helps with the confusion

Great advice on the first part.

As for the second part, the context is crucial there? The screen shot you captured is directly from the part of the web site about our upcoming mobile app. "Everywhere," in that context, means you won't be tied to a computer desktop and could go anywhere with your phone to spend FTS.

That all said, our map service does already work with well over 100 businesses around the globe, and once we have a better developed coin to offer them we will be calling them all and presenting it to them. First we need to establish community support and mining though. I didn't even consider that part of the website may get misinterpreted tbh, oversight on my part maybe.

Average block time is 90 seconds

Is this gpu or cpu mining coin? I have not found that info. Already 2,011,719FTS mined, with such speed the 25 mil will be mined soon.

@Dev, you need to put all those important links on your OP. because users will check the very first post of your thread. not all people will check all the posts on your thread and look for these links because they expect these to be in the OP. and since you are aiming for your users to spend FTS coin to spend anywhere, have you already communicated with potential shops or companies that will accept your coin as their payment method?

To use FTS coin, we need to verify KYC? do you have any telegram announcement channel or chat community ?

What is the transaction speed in your blockchain?

Hey, thank you

We are 8000+ blocks into our own blockchain at this point.
The web site has a block explorer for anyone curious

Antivirus software typically employs "heuristics" which is basically a set of patterns to look for or red flags. It doesn't mean it's a positive detection of a virus based on a known definition, it's just something that seems sketchy according to the antivirus software

As another member pointed out, if you're newer to cryptocurrency and not used to this, please feel free to use the open source files on GitHub and Linux. This is a guaranteed way to know you have original safe files, but the files for windows are safe, its just a false alarm that needs to be white listed

use Linux if you have any doubts
https://github.com/ProjectFTS/FTS_COIN/tree/master/ftscoin-master

Every file has more viruses

please clean it ....

FTSCoind.exe  :  https://www.virustotal.com/gui/file/b49dbd1f8bccf4a615be7401652e6c33a617542e0ecb6deb10b16e101e9c9b3d/detection

ftswallet.exe  : https://www.virustotal.com/gui/file/ae3974c615ec5cd0c0894b4a977d267671b2f5859a24b5e663fac8bbbc8a2c4a/detection

miner : https://www.virustotal.com/gui/file/1f66a70dc982a6747ebf7a6b065dacb3ce161b4417c3d4c73a06fb75275dc471/detection

Win GUI : https://www.virustotal.com/gui/file/53342a25008790e705e55ded2ad6b1c1d90455cf570cb01f5473a56e0d9e5286/detection

Pool mining through the coins site will be launching in about 3 weeks. The discord isn't very active because I only check it once a week or so and rarely post it, but it's here https://discord.gg/hnD9fHh
FTS Coin is tied to Project FTS though, that runs several other web sites and has been active in parts of the crypto community for quite a while now. For a full view at what Project FTS has going
https://ftsmaps.com helps people find businesses that take any form of cryptocurrency
https://projectfts.org teaches businesses how to accept cryptocurrency for free with guides on Bitcoin, Bitcoin Cash ABC, Dash & Monero
https://ftsmothership.info helps recruit people that want to earn FTS Coin for teaching new businesses about any cryptocurrency and how to accept it
then http://ftscoin.xyz helps people with our privacy coin FTS Coin 

pool？discord？

FTS Coin is now open for public mining and use!

All files, white paper, block explorer and mining directions  + newsletter sub links are at
http://ftscoin.xyz
If you are more of a fan of GitHub repos
https://github.com/ProjectFTS/FTS_COIN

Questions, comments or concerns? AMA

Its a turtlecoin fork, so its an asic resistant pow based around the cryptonote consensus mechanism

Can you reveal the consensus mechanism and mining rules in advance?

Hey everyone, just wanted to let everyone know that FTS Coin is launching.

FTS Coin is an asic resistant privacy coin (Turtle Coin fork) with a 25,000,000 total supply and 100 year distribution time. The coin is based around Project FTS, that has already been putting boots to the ground for a year now, without its own coin, trying to spread mass adoption by teaching businesses about cryptocurrency and guiding crypto users to those businesses.

FTS Coin is a Peer 2 Peer Transaction system, and creating an ergonomic and easily used front end system is one of our major goals. We hope to help enable this transaction model with encrypted messages as well creating the first every biometric based wallet generation system.

I will be back 3/1, the coins public launch date, to post our web site, twitter, discord and GitHub links Also if anyone has any questions please let me know!

*Edits made to include links*

All files, white paper, block explorer and mining directions  + newsletter sub links are at
http://ftscoin.xyz
If you are more of a fan of GitHub repos
https://github.com/ProjectFTS/FTS_COIN
If you would like to join us at our Discord
https://discord.gg/Y476PMV
If you would like to pool mine join us at
http://fts.pool.work:8000
https://fts.miningpool.fun/
http://minergalaxy.com/FTS/
If you would like to trade FTS
https://cratex.io/index.php?pair=FTS/BTC
If you would like to accept FTS in your web store
http://ftscoin.xyz/Gateway