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Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 405. (Read 341967 times)

hero member
Activity: 532
Merit: 500
Interesting to see what happens with this one.

I'll participate, but I expect people will try to cheat the system. I'd like to see how you tackle this issue.
member
Activity: 70
Merit: 10
During the development of the process of the coins distribution, much thought has gone into,
and we have developed a process that prevents abuse of the distribution.
I can't explain about the process right now, but in three days you will know.

Join us for more information:
https://www.facebook.com/thefaircoin


3 days to launch
http://fair-coin.info/
member
Activity: 73
Merit: 10
The idea behind Faircoin is the desire to establish a universal coin community (like Auroracoin in Iceland) for this purpose we have developed a distribution system that people can not take advantage of the Distribution process adversely.
the Distribution process is a transparent process, fair and fast.
For more information:
http://fair-coin.info/ # about

What's keeping me or anyone (or you) from creating 20,000 addresses on my wallet and adding all of them to get 50% of the currency?
And even if you have a way of knowing it came from the same wallet - what's keeping me from just opening 20,000 wallets (or as many as i can do from the second the wallet is released? - because that's what everyone will try and do)
And how is this distribution fair? for all we know you will create 30,000 wallets before releasing the wallet and add them little by little to the site and get most of the currency....
newbie
Activity: 29
Merit: 0
legendary
Activity: 1700
Merit: 1075
Great, but the PoW gives very little. More inflation. Cool
Interested.
member
Activity: 112
Merit: 10
I will try





_______________________________________________________________________________ _________________________________
Next Coin Lite - Fair Distribution
legendary
Activity: 1484
Merit: 1000
Seems nothing to lose here, not even hashing power so im in  Grin
newbie
Activity: 56
Merit: 0
I hope you the best for this project.. im in
member
Activity: 70
Merit: 10
The idea behind Faircoin is the desire to establish a universal coin community (like Auroracoin in Iceland) for this purpose we have developed a distribution system that people can not take advantage of the Distribution process adversely.
the Distribution process is a transparent process, fair and fast.
For more information:
http://fair-coin.info/ # about
member
Activity: 113
Merit: 10
Added to www.Thecoindesk.com - The new coin calendar
hero member
Activity: 1162
Merit: 568
Quote

I realize there is going to be a lot of doubt about the integrity of this project.
Sadly, making it more transparent would've only made it more vulnerable without taking away the doubt.
I can only offer you my best intentions and hope this project is a success.
Please note I am not asking you to give me anything, buy anything or donate anything. If you don't want to take part in this project, simply don't.[/center]


A success menas to earn you a lot of FIAT.
full member
Activity: 238
Merit: 100
There is a reason that people don't distribute this way and its not because they don't want to be fair. Its because ppl will game the system and get more than their fair share.

The fairest system yet is "Scrypt Based Mining".

If you can do something like Auroracoin and link each person to an id system that cant be gamed then this might work and may even become the dominant means of distribution in some systems. I applaud your mountain moving endeavor.
legendary
Activity: 1120
Merit: 1000
Free & Fast Neotox Escrow http://bit.ly/1OGVykp
50,000,000 Premine?
are you kidding me
newbie
Activity: 11
Merit: 0
full member
Activity: 214
Merit: 100
member
Activity: 70
Merit: 10
member
Activity: 70
Merit: 10
After launch time, anyone who wants their fair share can enter this website, download the wallet, and sign up their address in a few easy steps. After a maximum of 5 days or a maximum of 49,750 addresses, the coins will be sent to everyone who signed up.

Our new Facebook page:
https://www.facebook.com/thefaircoin

http://fair-coin.info/
Stay up to date!
member
Activity: 112
Merit: 10
newbie
Activity: 55
Merit: 0
Where is the download link of the wallet?
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