Topic: [ANN] New Crypto Currency FRANKO [w/ OPENSOURCE FRK ATM!][NEW WEBSITE Design] - page 19. (Read 233990 times)

No, what i think is stupid is the obvious attempt at being super edgy by saying "shitcoin". It only makes you look like an arrogant tool and doesn't really help your argument or foster influence even though you think it does. I'm just trying to help you out. If you want to be respected you should probably use a respectable vocabulary.

So you owned 20k FRK, why didnt you participate in providing a service or something for FRK? Why didnt you actually contribute? Instead of contributing, you want to just fud up the bitcointalk.

How would you make it better?

Man, did you read a few last pages before dropping in to say what we know already? There are no user tx's on the network except for sending coins out to an exchange. BTW when you see something like that, high chances you're looking at a shitcoin. Yeah, Defaced doesn't like when I say so, but that's the hard truth. I held 20k FRK once upon a time and dumped them finally earlier this year because I saw it going nowhere. Zero fee works just fine if the chain isn't stuck on a high diff. Updates? Bittrex going to delist it in 2 days. Enjoy your stay.

Installed QT and I like the interface. Nice work. Statistics a nice addition. Block Explorer, think it would do better for simple terms - putting in an address to find out balance, confirmations, etc. Social tab and interesting feature. Checking through settings Franko coin has 0 transaction fee set there. Might want to change that on each version to be an acceptable amount.

Overall I like the updates on this coin and look forward to see more development as the aim for Franko Coin

If this has helped please consider donating! Check out my profile to find addy.

You are right about that, putting tons of junk in tx's though is the only way to actually do any sort of smart contracts on bitcoin, thats why its so cumbersome. EXP's blocktime is 1 minute as opposed to 10 seconds as to cut down on the amount of bloat and orphans that in eth becomes "uncles" and further bloat the chain. I remember when I did this Vitalik got a little pissy about it because I was "challenging his maths" lol. >_<

"No practical use" i'm using EXP to create experimental decentralized software, is it practical to use a blockchain instead of a database? Not in most cases.. but we are still doing it to see what happens. There are some applications that really benefit well from the qualities of a blockchain. Immutability, transparency, fault tolerance. These are qualities that would be really good for applications like, currency, voting transparency, identity management, charities and organizations,and these are the ideas that are core to the Franko Collective (which has essentially become Borderless Charity, Inc).

Like I said before, FRK maybe a shitcoin to you and creating a sidechain asset on Expanse for FRK maybe a "shit asset" to you. But its not something that has just came out of the blue. From my experience, its just easier to use the EVM to create the ideas I want to create then to use the bitcoin scripting language that is as you said "plain expensive" and not only that, its really just a shell game.

Bitcoin has 1mb blocks every 10 minutes. Putting a lot of junk into tx scripts is plain expensive. Besides the miners may simply ignore such difficult to validate stuff and don't even let it to mempools. Ethereum has no block size limit, but with a gas limit of 4.7m and really fast blocks every 10 seconds or something like, spammers can put a lot of shit into the chain. Miners don't have any choice. Past DDoS attacks on Bitcoin would look like a kids' play. No one bothered to do this so far because Ethereum and its forks have no practical use right now.

"looped code vs straight code" I dont really understand what you mean there. Loops are limited to the amount of gas you are willing to spend with a max of 4.7m gas much like how bitcoin is limited in blocksize. No real difference.

We could compress bytecode, which would at a little overhead but lower the blockchain bloat by alot.

The DAO really feels like an inside job to be honest. Also its way better to write simple contracts rather than writing massive complex contracts.

Smart contract security is just a new field that will get better with time. Just like how we need lawyers to write contracts now, you will need coders to read and write smart contracts. Smart contracts though is kind of a funny thing to say, because "smart contracts" are neither smart nor contracts haha. They are mostly just dumb scripts. The way I use them is as an interface to store data in the blockchain. So the blockchain acts as a database layer, the smart contract is the interface for storing that data, and most of the logic is stored in the JS layer of the stack. Then all the blobs of large data get stored in IPFS. But back to smart contract security. Use them for very simple tasks and make the modular so that one or more tasks can be chained together to create greater functionality.

The same looped code vs. straight code takes more execution time, isn't it? The ETH VM isn't very optimised either. Oh, one more thing. No one really cares to educate people on writing quality smart contracts. Maybe because their devs don't know how to do that for themselves? The DAO story is hilarious.

What metric are you using to measure "less computing power" and "easier to verify"?


"Bag holders" "shitcoins" "trolls" oh my!

Bitcoin consumes a lot less computing power than Ethereum and its forks. Maybe Bitcoin scripts aren't the most elegant and easy to catch on, but they aren't Turing complete on purpose. These scripts are much easier to verify than Ethereum smart contracts. If you run a full node, you must execute all of them. For free.


Sure the bagholders are kinda curious what gonna happen to their unfortunate investments.

2806662 this is what my wallet synced to

I not receive withdrawal from bittrex when stuck on 2806406. And now we have:
http://cryptobe.com/block/f177041ba4146c67d59dce8b268cfc03179c9b0ec45e3d75f2bd3ccb364d6dec
http://cryptobe.com/block/bccb140fe3dcf140ce6001e667e9d3d6af8a2dc512ceb49fe3ab2e5bafcf8dfd
no one have my tx 4fe031caf67a96db276ed2ea2b99a317c671154839274c589b876a13a7b7ed82
is 3 stucked chain:
2806406 - 2016-09-16 bittrex
2806772 - 2016-09-17 my wallet
2806662 - 2016-09-18 cryptobe

Let me check on it

What is the correct block 2806407?

For FRK being such a "dead shitcoin" there sure are alot of people coming out of the woodwork just to bust my nuts?

"shitcoin" and "shitasset" man you so edgy!

lol. I do understand the bitcoin scripting language, still doesnt make it any less cumbersome to work with and anyone who ACTUALLY understands them both would know that.


EXP uses The exact same incentive model bitcoin uses lol what are you even on about?

thanks for update

Turning a shitcoin into a shitasset ain't gonna make it any more popular no matter how you gonna call it. Besides the Bitcoin scripting language is just fine if you are smart enough to understand it. You better tell yourself what's the incentive for ppl to run Expanse nodes wasting CPU time on iterated calculations of useless smart contracts without getting any pay for that work?

I plan on making a FRK sidechain on Expanse to increase FRK's functionality. The problem with FRK is, the bitcoin scripting language is so cumbersome to work with which is why EXP is far more favorable. The plan ive been incubating for the longest is to turn FRK into a modularly minted asset named Franko: Lucrii. If you read the FRK white paper, I highlight an idea called "proof of task" where in the future, coinage will be created by various "proofs" not limited to just "proof off work". One of the ways to mint Lucrii is by mining and converting FRK.

It seems like Expanse is a new project but it isnt, its an extension of the ideas that's been percolating in the Collective for a couple years now. Expanse is a fertile bed for these ideas. I'm not going to "pull the plug" on FRK because the ideas arnt dead. The technology just evolved and made it easier for us to reach our goals. What we are building is bigger than ourselves and its complicated.

I'll handle Bittrex and keep it trading. Like I said, just give me some time we are almost there.

are you able to give us some ideas you have and timescales?
as frk very cheap right now
considering purchasing some but also need to know will stay on bittrex, so volume needs to increase
I think you are a top dev and very trustworthy, just need to know you are dedicated to this coin, not just exp

This would be a proper indication of the well being of a particular tradeable asset. The last exchange doesn't want to list this coin yet it is ok listing ORB. Though I think FRK has a greater value than that Piece of Shit coin, the masses apparently do not.

Also, the fact that a coin gets traded on an exchange does not automatically give it a proper usage, it is just a way to trade it for something that is, i.e. Bitcoin.

When I said "pull the plug" I meant this figuratively, but captain obvious cannot always be around to enlighten such an intelligent developer. (How's that Aiden project coming along? Have you started your 4th coin project yet for when EXP fizzles out?)