Topic: [ANN][FLEX] Flexiblecoin |New Block Reward Structure|Bittrex, Cryptsy - page 27. (Read 95164 times)

I want to install Wallet on 64bit ubuntu 14.04 but i have this error

error while loading shared libraries: libminiupnpc.so.8: wrong ELF class: ELFCLASS64


Probably you compile only for 32 bit core, you not support 64 bit system.

INSTALL all libraries

sudo apt-get install git-core build-essential libssl-dev libboost-all-dev libdb5.3-dev libdb5.3++-dev libgtk2.0-dev libminiupnpc-dev qt4-qmake mingw32 synaptic qt-sdk qt4-dev-tools libqt4-dev libqt4-core libqt4-gui libdb++-dev

I want to install Wallet on 64bit ubuntu 14.04 but i have this error

error while loading shared libraries: libminiupnpc.so.8: wrong ELF class: ELFCLASS64


Probably you compile only for 32 bit core, you not support 64 bit system.

Dear Forum Members,

After reading through the past few pages and some deliberate thoughts and discussions, we have come to a decision

We have reviewed the opinions of different forum members, now we have three options:
1. Keep the PoW as it is.
2. End PoW at 12,000 and start PoS.
3. Start PoS at an earlier block, say, 12,000 in order for smooth transition, while PoW still stop at 15,000 blocks.

We thought about the reasoning:

For option 2, as some forum members mention, although changing reward structure is good in the short term, yet for long term development, it may not be good for our coin. We fully understand that the forum members who give this suggestion for us are in favor of FLEX, we really appreciate your suggestion, and we are sorry that we cannot take this suggestion.

For option 3, it is a trade-off between option 1 and 2, and we think it is a very good suggestion. Although it seems good at first glance (actually initially we are in favor of this option during our discussion, and we have actually finished the new wallet), after thorough discussion, we decided not to take this option because it may also be not good for the long term development of the coin (we changed the reward structure that we determined at launch, please see the paragraph below).

Based on the aforementioned reasons, we have chosen option 1, because the original rewards structure is similar with the agreement in business that we (developers), miners, and investors agree on, and they mine or invest coins based on this agreement (especially for the current reward structure, with big blocks at the end of PoW). If we change it, it is similar like breaking the agreement (We have seen quite a few forum members are against the change). As a result, we have decided not to change the reward structure.

p.s. we have done calculation, if we choose option 3, there will be 12000*12001/2+(12000+15000)/2*1500=92.3 Million coins (assuming the number of PoW blocks equal with PoS blocks)
If we choose option 1, there will be in total of 112.5 million coins, so there will be an increase of about 20 Million coins.

To the forum members who are in favor of option 2 or 3, we are sorry about this decision because we want to consider the long term business, please put you in our shoes and I hope you can understand our decision.

Best,

As regards to developer team, there are currently 3 developer, I am a PhD in a major University in Southwest of US. I have been in mining since last March. My major is EE. I am working on a flexible electronics project. I mainly work on forum management, project design, writing ,marketing, as well as mining currently. I have got 200k FLEX through mining
The 2nd developer is a bachelor in CS applying for a master degree, he is professional at coding, he works on software part, such as wallet, forum and unpublished projects. and he also manage forum, design project.
The third one is also a PhD in EE in the same Univ with me, he works together with me mostly.
The new forum idea are presented by me and the 2nd developer, we have a few ongoing project, we hope that we can bring innovation to cryptocurrency

Hi Techlover

Can you tell me how many people is in dev team? You are alone ?

Respectful decision dev. Do you mind answering the questions in this post please?


...

Also in regards to a road map...i know you have already said that you guys wont be giving too much information away because a lot of other coins just steal the ideas. Thats definitely understandable, but can you guys at least give some kind general vague outline (that doesnt give away too much), so investors will at least know what theyre investing in? Most coins now adays have some kind of road maps, i think its essential. Just dont include too much info, and definitely no ETAs, as ETAs will create bubbles. Just my thoughts for what theyre worth.