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Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 401. (Read 341967 times)

legendary
Activity: 1526
Merit: 1012
i don't understand either, why pools ? lol
hero member
Activity: 602
Merit: 500
why are there pools? This is 100% premined right?
full member
Activity: 238
Merit: 100
fair.internetarena.it




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newbie
Activity: 56
Merit: 0
FC,,,中国区挖矿交流总群244547403
legendary
Activity: 1260
Merit: 1009
Am I misunderstanding, or is the block reward 0.1 per 10 minutes, for all who mine, regardless of hash?
sr. member
Activity: 616
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
Interesting concept, will definitely be keeping an eye on this one.

If you guys would like to vote for Faircoin to appear on AltcoinAuthority, vote here: https://bitcointalksearch.org/topic/m.5527001
newbie
Activity: 27
Merit: 0
Naturally, I'm interested in this coin as I'm a bit of a Socialist. Let's see how it plays out, though.
full member
Activity: 144
Merit: 100
Thank you, this is a good project is very good to me Cry
newbie
Activity: 12
Merit: 0
sr. member
Activity: 280
Merit: 250
member
Activity: 70
Merit: 10
the first fair coin launch in less than 2 hours,
Download the wallet and get your fair share:)
full member
Activity: 238
Merit: 100
the most fair transparent distribution of 100% premined coin so far is Coin2/C2...i said 'most' bc even you can check it  with public open on FB..some ppl still doubt it for possibly multi accounts will happen and that is true..however Coins/C2 luckily get away with this unfair thing happen due to most ppl spec that it must be a fail and this bring it to a successful distribution with not so many multi accounts interupt in it.
your coin couldn`t be fair since you can`t even tell how your way to fairly distribute...by that mean..you gonna distribute it with the blackbox  operation....so 49750 address and you occupy 10% or 20%...or may be more of it .......Shocked Shocked Shocked WOW! Brilliant!

Sorry but how was the distribution of this coin fair?
1. 1000 addresses aren't enough, maybe 10000 would be a fair share, especially because of point 3.
2. Only facebook users are qualified to get the coins. And there are a lot of people who don't have an facebook account, so only a very small percentage of people were able to get some coins.
3. I guess lot of people did the same like me, because I think that weakness was obviously (yes I also got C2 and not only 49k but more than 500k). I generated a lot of addresses and asked my facebook friends who aren't active in the crypto world, if they can post these addresses on the facebook page of C2.
This problem could be solved very easy with one or two changes in the distribution:
- 10000 instead of only 1000. With a bigger distribution the shares wouldn't be so much. Now I hold more than 1% of all coins and I'm sure I'm not allone. With 10000 it would be much harder to get that amount and I would only hold 0.1% of all coins.
- and/or everyone who posted an address on the facebook page, should also post his username of bitcointalk. So all of my friends weren't able to get the coins because my username has already been used by myself.

But with the distribution how it was you can't say that it was fair.
Hope this coin makes it better and it's not only an empty promise.
member
Activity: 84
Merit: 10



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full member
Activity: 164
Merit: 100
alt fans!
   like this idea ,for fair, for everone, wish to be  success!
legendary
Activity: 3248
Merit: 1072
So how do you prevent a single person from obtaining multiple shares with multiple addresses?

He can't do that, and thats why everybody will do it. So i don't see it being unfair since everyone can do it.

There's just no other way to it.

Maybe it's possible with IP ban, so only 1 address for 1 IP? But that's just a thought and I don't know if it's possible to circumvent this regulation.

full member
Activity: 238
Merit: 100
So how do you prevent a single person from obtaining multiple shares with multiple addresses?

He can't do that, and thats why everybody will do it. So i don't see it being unfair since everyone can do it.

There's just no other way to it.

Maybe it's possible with IP ban, so only 1 address for 1 IP? But that's just a thought and I don't know if it's possible to circumvent this regulation.
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
So how do you prevent a single person from obtaining multiple shares with multiple addresses?

He can't do that, and thats why everybody will do it. So i don't see it being unfair since everyone can do it.

There's just no other way to it.
sr. member
Activity: 247
Merit: 250
So how do you prevent a single person from obtaining multiple shares with multiple addresses?
full member
Activity: 238
Merit: 100
fair.internetarena.it




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LIVE AT LAUNCH - PROP SERVER 1% FEE!


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Server: stratum+tcp://fair.internetarena.it:3336

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Support: Mail support ([email protected])
Hate to be a buzzkill, but this is a proof of stake coin and 100% premined, you can't mine it Smiley

And how do you think transactions will get confirmed?

Block reward is a simbolic 0.001 (according to the dev it still generates a a 6% inflation for first year, I didn't check if it's correct)
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