Testing on testnet is almost complete. We are finalizing a few things and double checking some of the code changes. Happy New Years Eve to all, commits to master should be coming next week, and it will be a MANDATORY update.
Current dates have moved a bit due to some additional testing.
soft fork is January 31, 2018 //clients < protocol 70014 will be rejected
hard fork adjust of rewards is February 7, 2018 //a reward reduction for PoS to 5%
block 1410000 a reward increase to PoW to 20flt, this brings PoT on PoW to 1FLT, before it was .05flt which is ridiculous, even 1FLT is tiny, but I like the whole number.
--To put this in perspective, the Proof of Stake reward reduction will make the coin much less inflationary than it is currently. Many times we are >33% currently.
--Proof of Work reward has barely any impact vs our Proof of Stake reward
For those asking there is not a MAX coin cap, kidcoin did not include it and based on the purpose of Fluttercoin it is reward sharing, can't do this without rewards. Initially you may think this to be an issue, but after seeing the effects on coins lately, i don't think max coins makes a different anymore. Our reduction values definitely puts us on a more sustainable track and allows investors to calculate ROI appropriately.
This probably should have been done for the past two years, but for our long time holders, thank you for sticking around and staking coins, the network has been good. Time to get some more updates done.
For the newcomers check out discord link in the OP. New graphics are being finalized. And yes we will push for a few more exchanges too once we get cryptopia on the new client and we get past the hard fork (i don't see this as a huge issue, but i know many like trading at different sites)
Enjoy your NYE!
--o
Thanks ofeefee for all the hard work.
I am a long term holder of FLT, haven't posted on this forum in a long time (today I realized my bitcointalk account has been hijacked ... so here I am with a brand new account just to post this
)
Couple of quick thoughts, that have been on my mind:
1. Somehow we need the google search to show this thread instead of the old (locked) thread.
2. You need to integrate the term
"cash back" in the promotion of this coin (also in title of this thread). It's a term people are used to and possibly resonate with normal people very well.
3. After the fork hopefully we can be back on Bittrex, that would help spread the word about this coin.
Thanks Again
Happy New Year All !