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Topic: [ANN][FAIR] FairCoin - for a fair economy, featuring proof-of-cooperation - page 26. (Read 376780 times)

legendary
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Was the article removed ?
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
Can a cryptocurrency be stable without inflation?

Faircoin featured today in cointelegraph as example of currency than can be stable with steady growth
https://cointelegraph.com/news/can-cryptocurrency-be-stable-without-inflation

There is many places of the article that talks about faircoins. Here is one:

The grassroots movement

Ultimately, if a currency can pull all of the above off, the best way would be through bootstrapping the entire process. Bootstrapping, however, requires everyone within the system

to believe in the currency far beyond the value that it can be traded for at the moment. A good example of this is FairCoin, which is part of a global grassroots movement led by the team at FairCoop. Here, their strategy is to build a large cooperative ecosystem, where every business cooperates to provide users within the ecosystem, maximum value, not simply because of the greater good, but because it helps create strong value propositions for using the currency.

They've got strategic partnerships in place all over the world that lets them have thousands of ATMs, official local exchanges in 25 countries, debit cards and other infrastructure benefits that make it easy for mass adoption. The nice aspect of this strategy is that they get to grow out a strong stable base without being in the limelight. The difficulty they will encounter is that they have to execute this plan mostly in the shadows, without marketing. This means that they will have to rely heavily on strategic partnerships rather than being able to sell the coin to raise funds. They will have to basically bootstrap this until they can attract investors that believe in the currency without looking at Coinmarketcap (which is only a representation of marketing efforts and influx of capital).

Coinmarketcap.com doesn’t represent the true value of a coin, in fact, it highlights potential problems that are in some cases irreversible.


legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform


When people ask me if the same hard fork for bitcoin would happen to FairCoin





 Grin Grin Grin
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
What's exactly faircoin2? something like GIVE that becomes 2GIVE?

Faircoin 2, is the move from the 1.5.2 wallet version to the 2.0 wallet version.
which is at same time is a swift from POW/POS to proof of cooperation (POC)

More thant that faircoin will continue being faircoin...  Cheesy
member
Activity: 112
Merit: 10
What's exactly faircoin2? something like GIVE that becomes 2GIVE?
legendary
Activity: 868
Merit: 1000
So many news that i have no time to update all of them!

Look here how amazing was the launch of fairpay cards in Crete (greece)
http://cooperativas.gr/fairpay-at-autonomous-street-market-of-heraklion

This is how a digital currency for the real life economy looks like!

nice one Enric! Also now the price is almost similar to Gretfaircoin website
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
So many news that i have no time to update all of them!

Look here how amazing was the launch of fairpay cards in Crete (greece)
http://cooperativas.gr/fairpay-at-autonomous-street-market-of-heraklion

This is how a digital currency for the real life economy looks like!
member
Activity: 114
Merit: 10
hero member
Activity: 900
Merit: 500
bittrex bull market..

I buy 10k fair... waiting to faircoin2 Roll Eyes moonnnnnn? Wink
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
Less than 1 bitcoin to 0.05 eur on bittrex!!
legendary
Activity: 1981
Merit: 1039
glad to see the new visual identity  Grin

legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
hey guy,faircoin 2 Accurate information? Huh

This is the last technical document about faircoin 2:
https://github.com/faircoin/faircoin2/blob/master/doc/on-proof-of-cooperation.md

lets us know if you have more questions!
thx man.
release time?

we are pending of p2p review and will do an assembly next thursday trying to make a decision..
Are trying for april.. otherwise may i guess.
hero member
Activity: 900
Merit: 500
hey guy,faircoin 2 Accurate information? Huh

This is the last technical document about faircoin 2:
https://github.com/faircoin/faircoin2/blob/master/doc/on-proof-of-cooperation.md

lets us know if you have more questions!
thx man.
release time?
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
hey guy,faircoin 2 Accurate information? Huh

This is the last technical document about faircoin 2:
https://github.com/faircoin/faircoin2/blob/master/doc/on-proof-of-cooperation.md

lets us know if you have more questions!
hero member
Activity: 900
Merit: 500
hey guy,faircoin 2 Accurate information? Huh
hero member
Activity: 1162
Merit: 568
glad to see the dev keeping making the efforts to push the coin forward.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
this is a small preview of how it could be   Grin

Quote


FairCoin is a decentralised virtual currency, distributed through a vast airdrop process during the 6th and 8th of March, 2014. An approximate 49,750 addresses were logged for the giveaway, each able to claim 1000 FAIR per hour. Automated airdrop claiming methods had no effect, as each IP address could register once per hour, and 2 different captchas had to be solved. These security precautions were hidden till the day of distribution. FairCoin's vast distribution method allowed a good portion of the cryptocurrency community to claim a little bit of the 50,000,000 FairCoins, each.  After Fair.Coop was funded adopting faircoin, faircoin is being developed to be the coin of the fair economy worldwide



Tech Specs

Proof-of-cooperation (in short PoC) is implemented in FairCoin2, which is a fork of the Bitcoin 0.12 branch. All mining related code has been removed and replaced by PoC code. Block generation is performed by so-called Certified Validation Nodes (CVNs). CVNs are appointed in a democratic process which is out of the scope of this technical document. CVNs can be added or removed from the network dynamically. CVN information is stored in the blockchain. The mandatory transaction fees go to the respective block creators to compensate their efforts for running a CVN. Certain chain parameters, e.g. the time between blocks, the amount of the transaction fee, etc. are dynamically adjustable without the need of releasing a new wallet version. These dynamic chain parameters are also stored in the blockchain. The appointed FairCoin blockchain administrators (not the developers) take on the task of managing these parameters. The FairCoin2 network is comprised of a virtually unlimited number of full nodes and a limited number of CVNs. The maximum hard coded value is 100 but the actual target is 40-50 CVNs.



Wallets




Last News


02/09/2016 Call for nodes: https://bitcointalksearch.org/topic/m.16123035 We plan to launch the new blockchain based in proof of cooperation(POC), around final of september or beginning of october.  One of the main characteristics of POC is that running the blockchain will become a task of the nodes which has proof that can be trustable by the network, for cooperate in the faircoin blockchain security. This proof process is what we call Certification. And then the nodes,becomes Certified Validation nodes (CVN) Thats why we need to make this “Call for nodes”, before the launch. [...]

10/06/2016 Published faircoin 2 new white paper version, with all the details related to the current implementation !! Read it here https://fair-coin.org/faircoin2.html Comment it here: https://fair.coop/groups/faircoop-community/faircoin/faircoin2/ Code development here: https://fair-coin.org/faircoin2.html




Resource



History




Sounds good!! we can continue into it, before the launch!
legendary
Activity: 868
Merit: 1000
only 10BTC wall to 10000  Grin
legendary
Activity: 1981
Merit: 1039
legendary
Activity: 1981
Merit: 1039
this is a small preview of how it could be   Grin

Quote


FairCoin is a decentralised virtual currency, distributed through a vast airdrop process during the 6th and 8th of March, 2014. An approximate 49,750 addresses were logged for the giveaway, each able to claim 1000 FAIR per hour. Automated airdrop claiming methods had no effect, as each IP address could register once per hour, and 2 different captchas had to be solved. These security precautions were hidden till the day of distribution. FairCoin's vast distribution method allowed a good portion of the cryptocurrency community to claim a little bit of the 50,000,000 FairCoins, each.  After Fair.Coop was funded adopting faircoin, faircoin is being developed to be the coin of the fair economy worldwide



Tech Specs

Proof-of-cooperation (in short PoC) is implemented in FairCoin2, which is a fork of the Bitcoin 0.12 branch. All mining related code has been removed and replaced by PoC code. Block generation is performed by so-called Certified Validation Nodes (CVNs). CVNs are appointed in a democratic process which is out of the scope of this technical document. CVNs can be added or removed from the network dynamically. CVN information is stored in the blockchain. The mandatory transaction fees go to the respective block creators to compensate their efforts for running a CVN. Certain chain parameters, e.g. the time between blocks, the amount of the transaction fee, etc. are dynamically adjustable without the need of releasing a new wallet version. These dynamic chain parameters are also stored in the blockchain. The appointed FairCoin blockchain administrators (not the developers) take on the task of managing these parameters. The FairCoin2 network is comprised of a virtually unlimited number of full nodes and a limited number of CVNs. The maximum hard coded value is 100 but the actual target is 40-50 CVNs.



Wallets




Last News


02/09/2016 Call for nodes: https://bitcointalksearch.org/topic/m.16123035 We plan to launch the new blockchain based in proof of cooperation(POC), around final of september or beginning of october.  One of the main characteristics of POC is that running the blockchain will become a task of the nodes which has proof that can be trustable by the network, for cooperate in the faircoin blockchain security. This proof process is what we call Certification. And then the nodes,becomes Certified Validation nodes (CVN) Thats why we need to make this “Call for nodes”, before the launch. [...]

10/06/2016 Published faircoin 2 new white paper version, with all the details related to the current implementation !! Read it here https://fair-coin.org/faircoin2.html Comment it here: https://fair.coop/groups/faircoop-community/faircoin/faircoin2/ Code development here: https://fair-coin.org/faircoin2.html




Resource



History



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