[ANN][FLT] Fluttercoin Ƹ̵̡Ӝ̵̨̄Ʒ | Proof of Transaction 3.0 | Update v0.7.5.22 - page 71.

cammo12

newbie

Activity: 55

Merit: 0

Quote from: soltantgris on August 25, 2014, 09:56:42 PM

Good post(s) Imbecileee (Lisa) !

A lot of good ideas has been discussed the past few days - some of those would be (I think) innovation in crypto. Still time to let us know your ideas. I shared my own ideas with our team - and it would be nice to get more opinion from the community. So lets go !

Its great having ideas - all I've heard from FLT for the last 2 months is ideas. But who is actually going to implement them? Do you have any devs that actually know what they are doing, and can seriously code? FLT needs someone like Boxxa who has done amazing things with PINK.

imbecileee

member

Activity: 96

Merit: 10

This is as must have! Shocked

We need many posts on casheer forum to get FLT added. http://forum.casheer.net/viewtopic.php?f=15&t=45
We can also tweet them @CasheerApp to show our support. https://twitter.com/CasheerApp

logocreator

legendary

Activity: 1134

Merit: 1000

www.cryptodesign.cc

this looking extremly fine, great Mobile Payment Solution

TeamFLT

member

Activity: 71

Merit: 10

Alright Fluttercoin Community... Let's show what our community can do and get #Fluttercoin added to the powerful Casheer App.

Casheer is a Mobile Payment Solution allowing you to Pay-in-person, Online, or even by Phone using multiple crypto-currencies, one that MIGHT even be FLUTTERCOIN!

All you have to do is POST HERE (http://forum.casheer.net/viewtopic.php?f=15&t=45) and Show your support!

coinlighter

member

Activity: 118

Merit: 10

Quote from: soltantgris on August 25, 2014, 09:58:06 PM

Someone could tell me why I can't add my avatar to my profile ?

If you mean here, it was disabled (due to security reasons) in last October, after a hack and never enabled ever since.

soltantgris

hero member

Activity: 741

Merit: 500

Someone could tell me why I can't add my avatar to my profile ?

soltantgris

hero member

Activity: 741

Merit: 500

Good post(s) Imbecileee (Lisa) !

A lot of good ideas has been discussed the past few days - some of those would be (I think) innovation in crypto. Still time to let us know your ideas. I shared my own ideas with our team - and it would be nice to get more opinion from the community. So lets go !

imbecileee

member

Activity: 96

Merit: 10

Shorter maturity time also means more PoS blocks generated.

More blocks = faster confirmations

PoS incentives would be much more oriented toward network participation with a shorter maturity. As it is, it doesn't make us participate in the network often enough and it's almost only a hoarding incentive. We can get max. reward by participating only 4 times a year. Embarrassed

unamis76

legendary

Activity: 1512

Merit: 1012

Quote from: GreatOrchid on August 25, 2014, 05:20:13 PM

we have to participate to the network at least once every 90 days to collect
this means open wallet online in my computer right ? Undecided

Yes, you should have your wallet online as much as you can. By doing that you are:

1. Getting more frequent and stable PoS rewards
2. Helping the network by allowing people to download the correct blockchain from you.

GreatOrchid

legendary

Activity: 1092

Merit: 1001

we have to participate to the network at least once every 90 days to collect
this means open wallet online in my computer right ? Undecided

imbecileee

member

Activity: 96

Merit: 10

After you stake, your coins are reset to 0 coin-age. You don't have to send them anywhere to stake again.

So if you let them gain 30 days of coin-age again, you will stake again and earn interest again at day 60, 90, 120.

The 90 days max is not a deadline to stake, but only a limit on the reward one can earn by staking once. To get the max reward, we have to participate to the network at least once every 90 days to collect the reward and reset coin-age. This is the main reason I think the network would benefit from shorter maturity limits.

imbecileee

member

Activity: 96

Merit: 10

Quote from: GreatOrchid on August 25, 2014, 03:06:24 PM

so somewhere between 30 days til 90 coin will mature enough to start staking?
right ?
Grin

Yes. You can stake as soon as your coins are 30 days old, but you can also wait until they are 90 days old and earn the interest for that period.

If your coins get older than 90 days they still can stake and earn interest for 90 days, but they'll stop accumulating coin-age after 90 days.

Many of us think those minimum and maximum coin-age maturity are too long. I personnaly think the network would benefit a shorter maturity time. People would have to get their wallet online more often to earn their rewards, more PoS blocks generated, more nodes, etc.

My vote would be: min. 5 days / max. 15 days.

GreatOrchid

legendary

Activity: 1092

Merit: 1001

so somewhere between 30 days til 90 coin will mature enough to start staking?
right ?
Grin

GreatOrchid

legendary

Activity: 1092

Merit: 1001

Quote from: ofeefee on August 24, 2014, 10:52:12 PM

Come mine on multipool @ fluttercoinpool.com, daily payouts, could use more hashrate. Sha256, scrypt, and X11.

Only thing needed is your flt address for payout!

i like this pool im 6 of the 9 x11 miners
and considering how mining is these days
i'll stay mining here
a happy miner
Shocked

imbecileee

member

Activity: 96

Merit: 10

Quote from: makishart on August 25, 2014, 01:36:06 PM

Good work guys! You saved the community!

Thanks!

First step for any coin that want to succed long term is to build a strong and active community to support the coin. This is still the focus at the moment in my opinion. We still need many more people to get involved and help with ideas for development, communication, coordination, etc.

A strong community and innovation in the coin would be my top criterias if I were a dev looking for a coin to support long term.

Fluttercoin always had the innovative part but was lacking the community support to make it a success. I think we're on the right path now and progress will speed up soon on many levels. Cool

imbecileee

member

Activity: 96

Merit: 10

Quote from: ofeefee on August 25, 2014, 01:26:03 PM

Quote from: imbecileee on August 25, 2014, 10:23:16 AM

Quote from: ofeefee on August 24, 2014, 10:41:01 PM

Quote from: ofeefee on August 24, 2014, 10:35:55 PM

Quote from: ?? on ??

Just finished reading the FlutterCoin userguide (yeahh believe it or not) and just encrypted my wallet. Not sure if its necessary but I did.
One thing I not sure of, in the Wallet: File - Sign message; what is that?

If for some reason you needed to prove you are the owner of an address, you can sign a message with your private key and send it to someone and they can verify that it is you. Non-repudiation

Oh and make sure you have a backup unencrypted somewhere offline or dump the private key and print it/store it somewhere safe. Should something occur, either have multiple backups of the encrypted or other methods to recover.

Encrypting prevents coins from being sent should the system the wallet is on be compromised. They need passphrase to unlock. This can be key logged, so we are discussing other security option to address this.

Encryption is also required for staking I believe. The wallet needs to be unlocked to start staking.

Unlock option only activate once the wallet is encrypted.

Anyone ever tried to stake with an unencrypted wallet ? Maybe it's consider unlocked by default and staking is possible without encryption / unlock.

If it's not encrypted it stakes automatically when coins are mature. You can also send coins without a passphrase as well. No passphrase set? Nothing to unlock so wallet is wide open and all features are available.

Thanks. I'll update the FAQ with proper information tonight.

makishart

legendary

Activity: 3108

Merit: 1029

Good work guys! You saved the community!

ofeefee

legendary

Activity: 1023

Merit: 1001

Tokenize Fantasy Sports

Quote from: imbecileee on August 25, 2014, 10:23:16 AM

Quote from: ofeefee on August 24, 2014, 10:41:01 PM

Quote from: ofeefee on August 24, 2014, 10:35:55 PM

Quote from: ?? on ??

Just finished reading the FlutterCoin userguide (yeahh believe it or not) and just encrypted my wallet. Not sure if its necessary but I did.
One thing I not sure of, in the Wallet: File - Sign message; what is that?

If for some reason you needed to prove you are the owner of an address, you can sign a message with your private key and send it to someone and they can verify that it is you. Non-repudiation

Oh and make sure you have a backup unencrypted somewhere offline or dump the private key and print it/store it somewhere safe. Should something occur, either have multiple backups of the encrypted or other methods to recover.

Encrypting prevents coins from being sent should the system the wallet is on be compromised. They need passphrase to unlock. This can be key logged, so we are discussing other security option to address this.

Encryption is also required for staking I believe. The wallet needs to be unlocked to start staking.

Unlock option only activate once the wallet is encrypted.

Anyone ever tried to stake with an unencrypted wallet ? Maybe it's consider unlocked by default and staking is possible without encryption / unlock.

If it's not encrypted it stakes automatically when coins are mature. You can also send coins without a passphrase as well. No passphrase set? Nothing to unlock so wallet is wide open and all features are available.

imbecileee

member

Activity: 96

Merit: 10

Quote from: chris20131111 on August 25, 2014, 10:56:19 AM

Awesome job on the re-launch everyone! It's great to see things moving forward. I been so busy the last month its ridiculous and it doesn't look like they want to hire anymore help over here so may be looking for a new job soon. Keep up the awesome work!

Hey chris! Thanks and nice to hear from you again. Wink

Hope to see you back in the skype group when you have more free time.

chris20131111

full member

Activity: 154

Merit: 100

Awesome job on the re-launch everyone! It's great to see things moving forward. I been so busy the last month its ridiculous and it doesn't look like they want to hire anymore help over here so may be looking for a new job soon. Keep up the awesome work!

Topic: [ANN][FLT] Fluttercoin Ƹ̵̡Ӝ̵̨̄Ʒ | Proof of Transaction 3.0 | Update v0.7.5.22 - page 71. (Read 151664 times)