[ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 369.

kcanup

legendary

Activity: 1484

Merit: 1000

Quote from: Coindgr on March 07, 2014, 05:34:44 PM

Quote from: Coindgr on March 07, 2014, 04:29:06 PM

My Token is incorrect, how can I reset Huh

Closed explorer for more that 1 hour, tried to refresh, but always asking for token.

How can I get new token?

Thanks

Any admin of coin can solve this? Thanks

disconnect your internet from router and connect again??

anonuser777

full member

Activity: 140

Merit: 100

Quote from: Philll90 on March 07, 2014, 04:50:53 PM

my laptop crashed before I could save the txt-file with my token Sad

any help how I get a new token?
thanks a lot for help!

I hope you have a dynamic IP address, otherwise you're screwed. Like others, I'm not convinced that faircoins distribution method is fair at all.

Also, I still have a sneaking suspicion that the dev will disappear in 5 days with his huge faircoinqt botnet. Then again, I'm paranoid. Has anyone looked at the source code yet?

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

Quote from: unick on March 07, 2014, 05:09:51 PM

Quote from: TheMightyX on March 07, 2014, 05:03:02 PM

Quote from: unick on March 07, 2014, 04:59:46 PM

Quote from: TheMightyX on March 07, 2014, 04:52:26 PM

How is this "fair" distribution if some people are creating 10+ addresses?
I thought this was going to be somehow fair and one address per person.

what makes it unfair if you input more than one address ? Fair means that if you DO want to input more than one address, it's done in a way that everyone has access to the same amount of "fairness". So in this scenario, 10 addresses would take you 10+ hours to do so... The barrier is discouraging enough to prevent bots, scammers, or greedy people to get a monopoly on this. 10 addresses would give you 10 000 coins. out of the 50 000 000 possible, it's a decent 0.02% of the distribution and leaves plenty of room for anyone that wants to participate, to have their fair share. It looks pretty fair and honest to me.

You are going to have a lot of people creating accounts around the clock to game the system. Why should those people have several times higher stake than those who don't have time to do this?

This also leaves open the ability for the developer to claim as much stake as he wants in the background.
One account per user ensures the developer doesn't have a majority stake because you can see exactly how many people have applied for stake, you can't just create "phantom accounts".

On the issue of people creating accounts (and I assume you mean sending more addresses) the process is so long that this wont affect a vast majority of the people. If you don't have time, well that is your particular situation and this is the same as saying why people WITH time can't benefit from this.

I think fair doesn't/shouldn't mean equally distributed... That's a "socialist" type of idea that I won't get into here.

As for the dev abusing their own system... it is a valid concern. I think it would be stupid from their part and kill the long term possibilities of this coin but hey, it's been done before... Stupid people are stupid people. I guess we need to have some kind of faith and trust there that this won't happen here.

Blind faith and blind trust have no place in the cryptocurrency world.
The whole point of cryptocurrency is we can't trust people not to abuse that trust. If you believe this schmuck isn't going to take advantage of possibly millions of dollars (see auroracoin) then.. I really don't know what to tell you.

If people really were making these coins out of the goodness of their hearts and not to get rich they would strive harder to make them fair and equally distributed. Not leave glaring holes in their systems which only they can take advantage of.

Coindgr

hero member

Activity: 1034

Merit: 500

Quote from: Coindgr on March 07, 2014, 04:29:06 PM

My Token is incorrect, how can I reset Huh

Closed explorer for more that 1 hour, tried to refresh, but always asking for token.

How can I get new token?

Thanks

Any admin of coin can solve this? Thanks

jcarl987

sr. member

Activity: 392

Merit: 250

Quote from: Prominence on March 07, 2014, 05:25:13 PM

Nice idea, but I'll refrain from participating. Too easy to get burned.

Are you for real?

nightengale

hero member

Activity: 574

Merit: 500

Ok, now played around with nodes and connecting to the network, but client says it is fully sync'd with 287 blocks of transaction history... ?

Prominence

full member

Activity: 182

Merit: 100

Nice idea, but I'll refrain from participating. Too easy to get burned.

Zombie123

legendary

Activity: 868

Merit: 1000

Quote from: TheMightyX on March 07, 2014, 05:03:02 PM

Quote from: unick on March 07, 2014, 04:59:46 PM

Quote from: TheMightyX on March 07, 2014, 04:52:26 PM

How is this "fair" distribution if some people are creating 10+ addresses?
I thought this was going to be somehow fair and one address per person.

what makes it unfair if you input more than one address ? Fair means that if you DO want to input more than one address, it's done in a way that everyone has access to the same amount of "fairness". So in this scenario, 10 addresses would take you 10+ hours to do so... The barrier is discouraging enough to prevent bots, scammers, or greedy people to get a monopoly on this. 10 addresses would give you 10 000 coins. out of the 50 000 000 possible, it's a decent 0.02% of the distribution and leaves plenty of room for anyone that wants to participate, to have their fair share. It looks pretty fair and honest to me.

You are going to have a lot of people creating accounts around the clock to game the system. Why should those people have several times higher stake than those who don't have time to do this?

This also leaves open the ability for the developer to claim as much stake as he wants in the background.
One account per user ensures the developer doesn't have a majority stake because you can see exactly how many people have applied for stake, you can't just create "phantom accounts".

If its so easy to game the system why don't you game it. Its NOT easy to game the system only one person can game is and thats OP. He has used same methods as other sites are using for voting. Its difficult to abuse it if not impossible. As for each altcoin you need to believe the dev if not then move on

nightengale

hero member

Activity: 574

Merit: 500

Client not syncing... Have added nodes in .conf file... Am I doing something wrong?

Oto3

member

Activity: 195

Merit: 10

Quote from: PhilippeStevens on March 07, 2014, 12:25:19 PM

Lost my token, thanks

fKg3MiwYt4zf3ZTyNsUFa2RDLYWqu8fMmA

Submitted your address too:
Congratulations! You address has been saved and you will recieve your coins once the signup phase is over!
You can sign up for more addresses after a cooldown period of 1 hour

unick

sr. member

Activity: 504

Merit: 254

Quote from: TheMightyX on March 07, 2014, 05:03:02 PM

Quote from: unick on March 07, 2014, 04:59:46 PM

Quote from: TheMightyX on March 07, 2014, 04:52:26 PM

How is this "fair" distribution if some people are creating 10+ addresses?
I thought this was going to be somehow fair and one address per person.

what makes it unfair if you input more than one address ? Fair means that if you DO want to input more than one address, it's done in a way that everyone has access to the same amount of "fairness". So in this scenario, 10 addresses would take you 10+ hours to do so... The barrier is discouraging enough to prevent bots, scammers, or greedy people to get a monopoly on this. 10 addresses would give you 10 000 coins. out of the 50 000 000 possible, it's a decent 0.02% of the distribution and leaves plenty of room for anyone that wants to participate, to have their fair share. It looks pretty fair and honest to me.

You are going to have a lot of people creating accounts around the clock to game the system. Why should those people have several times higher stake than those who don't have time to do this?

This also leaves open the ability for the developer to claim as much stake as he wants in the background.
One account per user ensures the developer doesn't have a majority stake because you can see exactly how many people have applied for stake, you can't just create "phantom accounts".

On the issue of people creating accounts (and I assume you mean sending more addresses) the process is so long that this wont affect a vast majority of the people. If you don't have time, well that is your particular situation and this is the same as saying why people WITH time can't benefit from this.

I think fair doesn't/shouldn't mean equally distributed... That's a "socialist" type of idea that I won't get into here.

As for the dev abusing their own system... it is a valid concern. I think it would be stupid from their part and kill the long term possibilities of this coin but hey, it's been done before... Stupid people are stupid people. I guess we need to have some kind of faith and trust there that this won't happen here.

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

Quote from: Armando on March 07, 2014, 05:03:17 PM

https://www.virustotal.com/es/file/d75feb1046fec4d9b943da9fd6f6ccb8e6122541a66c3969dddb0e17100d8504/analysis/

All miners show up on AV software because many viruses contain mining software.

False Positive.

Armando

hero member

Activity: 870

Merit: 500

Trading will make me rich)

https://www.virustotal.com/es/file/d75feb1046fec4d9b943da9fd6f6ccb8e6122541a66c3969dddb0e17100d8504/analysis/

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

Quote from: unick on March 07, 2014, 04:59:46 PM

Quote from: TheMightyX on March 07, 2014, 04:52:26 PM

How is this "fair" distribution if some people are creating 10+ addresses?
I thought this was going to be somehow fair and one address per person.

what makes it unfair if you input more than one address ? Fair means that if you DO want to input more than one address, it's done in a way that everyone has access to the same amount of "fairness". So in this scenario, 10 addresses would take you 10+ hours to do so... The barrier is discouraging enough to prevent bots, scammers, or greedy people to get a monopoly on this. 10 addresses would give you 10 000 coins. out of the 50 000 000 possible, it's a decent 0.02% of the distribution and leaves plenty of room for anyone that wants to participate, to have their fair share. It looks pretty fair and honest to me.

You are going to have a lot of people creating accounts around the clock to game the system. Why should those people have several times higher stake than those who don't have time to do this?

This also leaves open the ability for the developer to claim as much stake as he wants in the background.
One account per user ensures the developer doesn't have a majority stake because you can see exactly how many people have applied for stake, you can't just create "phantom accounts".

unick

sr. member

Activity: 504

Merit: 254

Quote from: TheMightyX on March 07, 2014, 04:52:26 PM

How is this "fair" distribution if some people are creating 10+ addresses?
I thought this was going to be somehow fair and one address per person.

what makes it unfair if you input more than one address ? Fair means that if you DO want to input more than one address, it's done in a way that everyone has access to the same amount of "fairness". So in this scenario, 10 addresses would take you 10+ hours to do so... The barrier is discouraging enough to prevent bots, scammers, or greedy people to get a monopoly on this. 10 addresses would give you 10 000 coins. out of the 50 000 000 possible, it's a decent 0.02% of the distribution and leaves plenty of room for anyone that wants to participate, to have their fair share. It looks pretty fair and honest to me.

edit: and how relating the distribution to this forum any more fair? I really don't see why I should have an account here to get my share of a cryptocoin... what about all the newcomers and people with no mining rigs... how can we possibly think we ever going to get mainstream if we restrict the access to geeks, miners and people already in the community(like this forum) ?

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

How is this "fair" distribution if some people are creating 10+ addresses?
I thought this was going to be somehow fair and one address per person.

Why is it so hard for people to say one address per bitcointalk account created before a month ago?

"Oh no! You are cutting out people who are new to crypto and don't have bitcointalk accounts"

Really thats like .01% of the people applying for stake in these coins.

Atleast with that method you are ensuring it really is only 1 stake per person, regardless if some people can't apply.

It's better than 1 stake per person with tons of people gaming the system.
Especially in a situation like this where we can be sure the developer is claiming several THOUSAND addresses for himself as theres no way to prove he hasn't.

Fair my ass.

Philll90

full member

Activity: 238

Merit: 100