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Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 291. (Read 341957 times)

newbie
Activity: 17
Merit: 0
Couldn't they just hardfork the client with an input of the lost 15k as a hardcoded transaction? and then continue the distribution as normal from that address, so anyone with the old client would be left on a dead blockchain?

sr. member
Activity: 406
Merit: 250
So there are obviously a few lessons here:

1. First, its hard to create a fair coin like this though the devs tried to minimize it by checking for proxy, having a token system. Still if someone was really determined, you can click every hour and maybe if you don't have much of a life and suffering from insomnia, could get say 50000 coins

2. Keeping the PoW reward so small initially discouraged miners, so transactions and confirms stayed stuck for hours and hours. There really is no incentive to mine. Plus no difficulty retargeting and silly 10 min blocks

3. Keep a backup of the wallet file on a secondary storage device. This one should be obvious.

4. Write a stupid shell or perl script to automate sending coins once sign-up phase has ended.



+1.

Dev, don't make it too complicated for yourself.

Create a new coin with the same specs, but 90s-3min block targets. Keep the same address database. Redistribute. If you want, add another 25,000 free stakes so people that didn't get a chance to register can.

THIS would be fair! It is NOT fair when Dev is cheating (or loosing or whatever) thousands of stakes!!!! Latter in best case is just plain incompetent.
Take your second chance Dev. People would honor this as a fair move from you.

Actually I'm wrong. I'm an idiot. If he creates a new genesis block, all the addresses wil be invalid. There's no way to make this fair if we relaunch. Most people don't even have an account on BCT.

The only solution for this version of FairCoin is to keep moving on, prob create a donation fund or something.

If the dev really wants to, delete FairCoin, create FairCoin v2. Exactly the same setup, but we have to register all our addresses again, starting from 0.

Some questions to be answered

1. Did you try dumping private key with PyWallet?
2. Is it possible to eliminate the 15M remaining coins? I fail to see how this could be done. If yes, then maybe just add another 15M, delete the previous 15M and run an IPO for those 15M with 5 hour delay tokens to make it as fair as possible... however I think it's impossible
hero member
Activity: 767
Merit: 500
Never back down !!!
shit happens. Where is the problem?

3 possibilities:

1. Just give up the remaining coins. so we have 35 Mill- and now? Thats fair

2. Generate the 15 Mil and distribute them to the first 35 Mil addresses in an equal manner. Thats fair

3. Rerun the ipo for exact 15 Mil. Thats fair.


So the devs have to choose, but its still ok and fair. Mistakes happen every day, und the guys who registered and get no coins? Unlucky, but Jesus Christ the coins are free, and you missed a small opportunity with a very small chance. No reason to cry.
newbie
Activity: 20
Merit: 0
So there are obviously a few lessons here:

1. First, its hard to create a fair coin like this though the devs tried to minimize it by checking for proxy, having a token system. Still if someone was really determined, you can click every hour and maybe if you don't have much of a life and suffering from insomnia, could get say 50000 coins

2. Keeping the PoW reward so small initially discouraged miners, so transactions and confirms stayed stuck for hours and hours. There really is no incentive to mine. Plus no difficulty retargeting and silly 10 min blocks

3. Keep a backup of the wallet file on a secondary storage device. This one should be obvious.

4. Write a stupid shell or perl script to automate sending coins once sign-up phase has ended.



+1.

Dev, don't make it too complicated for yourself.

Create a new coin with the same specs, but 90s-3min block targets. Keep the same address database. Redistribute. If you want, add another 25,000 free stakes so people that didn't get a chance to register can.

THIS would be fair! It is NOT fair when Dev is cheating (or loosing or whatever) thousands of stakes!!!! Latter in best case is just plain incompetent.
Take your second chance Dev. People would honor this as a fair move from you.
full member
Activity: 203
Merit: 100
So there are obviously a few lessons here:

1. First, its hard to create a fair coin like this though the devs tried to minimize it by checking for proxy, having a token system. Still if someone was really determined, you can click every hour and maybe if you don't have much of a life and suffering from insomnia, could get say 50000 coins

2. Keeping the PoW reward so small initially discouraged miners, so transactions and confirms stayed stuck for hours and hours. There really is no incentive to mine. Plus no difficulty retargeting and silly 10 min blocks

3. Keep a backup of the wallet file on a secondary storage device. This one should be obvious.

4. Write a stupid shell or perl script to automate sending coins once sign-up phase has ended.



+1.

Dev, don't make it too complicated for yourself.

Create a new coin with the same specs, but 90s-3min block targets. Keep the same address database. Redistribute. If you want, add another 25,000 free stakes so people that didn't get a chance to register can.

Agree
sr. member
Activity: 406
Merit: 250
So there are obviously a few lessons here:

1. First, its hard to create a fair coin like this though the devs tried to minimize it by checking for proxy, having a token system. Still if someone was really determined, you can click every hour and maybe if you don't have much of a life and suffering from insomnia, could get say 50000 coins

2. Keeping the PoW reward so small initially discouraged miners, so transactions and confirms stayed stuck for hours and hours. There really is no incentive to mine. Plus no difficulty retargeting and silly 10 min blocks

3. Keep a backup of the wallet file on a secondary storage device. This one should be obvious.

4. Write a stupid shell or perl script to automate sending coins once sign-up phase has ended.



+1.

Dev, don't make it too complicated for yourself.

Create a new coin with the same specs, but 90s-3min block targets. Keep the same address database. Redistribute. If you want, add another 25,000 free stakes so people that didn't get a chance to register can.
full member
Activity: 140
Merit: 100
wheres faircoin in cryptorush?


its dead you can move on to other coin

yes please leave it to us
legendary
Activity: 868
Merit: 1000
wheres faircoin in cryptorush?


its dead you can move on to other coin
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
wheres faircoin in cryptorush?
legendary
Activity: 1288
Merit: 1000
WTS 10000 FAC for 0.03 BTC
This is too expensive, I never could support such a greedy attitude  Angry

Yeah, lol.

I'll give 0.0000003
full member
Activity: 238
Merit: 100
Hey,
We are still working hard to try restore the the lost Coins,
Anyway, until we get them back, we want to move on,



This is a joke, right? Move on to what, exactly?  Don't you think this is of utmost importance?  Many have not received any coins at all....

YES! many have not received coins,one? on!
newbie
Activity: 20
Merit: 0
WTS 10000 FAC for 0.03 BTC
This is too expensive, I never could support such a greedy attitude  Angry
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
So there are obviously a few lessons here:

1. First, its hard to create a fair coin like this though the devs tried to minimize it by checking for proxy, having a token system. Still if someone was really determined, you can click every hour and maybe if you don't have much of a life and suffering from insomnia, could get say 50000 coins

2. Keeping the PoW reward so small initially discouraged miners, so transactions and confirms stayed stuck for hours and hours. There really is no incentive to mine. Plus no difficulty retargeting and silly 10 min blocks

3. Keep a backup of the wallet file on a secondary storage device. This one should be obvious.

4. Write a stupid shell or perl script to automate sending coins once sign-up phase has ended.

newbie
Activity: 10
Merit: 0
Hey,
We are still working hard to try restore the the lost Coins,
Anyway, until we get them back, we want to move on,



This is a joke, right? Move on to what, exactly?  Don't you think this is of utmost importance?  Many have not received any coins at all....
legendary
Activity: 868
Merit: 1000
legendary
Activity: 1288
Merit: 1000
I had such good hopes for this coin, I really thought it was going somewhere.

I liked the idea of fairness, such a shame Cry

Dev's you really fucked this coin up, such a stupid mistake.
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
Well this is a good lesson to keep a backup of all your important wallets. Just backed up mine to a couple of usb flash drives and a dvd
sr. member
Activity: 616
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
This coin needs some promotion!!!

We have been in talks with the developer for promotion so please stay tuned. We're looking to grow this community in coming weeks so there are good things to come for Faircoin!  Cheesy
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