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Topic: [FIBRE] | 625k | [SuperNET] | FibreDark | FibreLock | FibreGateway | ZeroTrust | - page 122. (Read 514922 times)

sr. member
Activity: 378
Merit: 250
I've been lurking in the shadows for a little while reading the discussion going on here.  There are a lot of good points, there are some over sights, and there are some concerns I think that are unwarranted.  I guess I'll throw my 2 sats into the ring.  I'm going to do a quick rundown here (in no particular order).


Multipool donation option would be a good idea, only if its voluntary.  Shouldn't force miners to do this.  Unfortunately that also means there will be fewer donations.  Any little bit helps so this should be considered.



...
Regarding the multipool, I believe to take 10-20% is quite unfair to the miners, especially after 2 months when we haven't recieved enough to pay for block cypher. We know investors have made a large profit but are still not willing to donate, just look at the donation address. Also as you know this Fibre team won't be slowing down and 2 months maybe more is to long for us to wait for block cypher donation to be completed.
...

For Early buyers this is true.  I wish they would offer more donations but it is not happening.  On the other hand, there will be many investors like myself.  I have nearly 3 btc invested.  I have sold but unfortunately I didn't buy really early and I've bought as the price has gone up.  I have a BE of 75k.  When the coin reaches its it's true potential in market cap, I'd be willing to donate a lot to the development.  Right now though we are slowly drifting in the wrong direction.  We took a hit from the BTC dip as a few investors pulled some of their BTC out and now I think other investors are getting hesitant because of these funding talks.  Funding is always a very hard thing to get.  



People are worried about a new coin taking away from the Fibre momentum.  I do not think this should be a true concern.  There are some awesome things going on now and planned for the future.  There is no reason the 2 coins can not coexist.  There are some smaller investors that will not put a lot of funds into a coin that is really high per cost of coin.  They would rather invest in a coin that is 1000sats instead of a coin that is 100,000sats.  Having FibreLite could bring in a new set of investors that Fibre currently is not seeing.

I think the key to having 2 coins work together successfully will be finding a way for the coins to work together but still function differently.  Ideas...

If possible, use both coins in 1 wallet.
Let Fibre run anonymously but FiberLite can only run on the public network.
Possibly integrate an automatic trade engine so someone with fibrelite that wants to make an annon transaction can choose that option and coins can be automatically convereted.
Could also integrate a stand alone trade engine within the wallet so Fibre and be traded on an exchange for FibreLite and vice versa
Both coins can be used in apps.  
Allow one coin to have a benefit that the other coin does not within each app.

I think you get the point.  Im sure the developers can suggest other things since they know more about whats ahead.  There needs to be things that set the coins apart and other things that tie the coins together.  Successfully doing this will ensure both coins are a long term success.


It would also be good for the devs to be clear about what things will continue and what things will be on hold until funds are raised.  I think investors are a little worried right now and the current market value shows this.  I gotta go to work.  Be back later and I'll add some other feedback.

Great post Kuriso!!

You make many valid points.

 I also like your suggestions around keeping each coin relatively unique. FibreLite being a none anon currency while Fibre has all the dark features. This has not been explored and is a great suggestion.

Also Block Cypher will allow us to create multi coin applications! So having FibreLite and Fibre in the same wallet would not be hard to achieve. Neither would an exchange from Fibre to FibreLite and vise versa.
hero member
Activity: 532
Merit: 500
I've been lurking in the shadows for a little while reading the discussion going on here.  There are a lot of good points, there are some over sights, and there are some concerns I think that are unwarranted.  I guess I'll throw my 2 sats into the ring.  I'm going to do a quick rundown here (in no particular order).


Multipool donation option would be a good idea, only if its voluntary.  Shouldn't force miners to do this.  Unfortunately that also means there will be fewer donations.  Any little bit helps so this should be considered.



...
Regarding the multipool, I believe to take 10-20% is quite unfair to the miners, especially after 2 months when we haven't recieved enough to pay for block cypher. We know investors have made a large profit but are still not willing to donate, just look at the donation address. Also as you know this Fibre team won't be slowing down and 2 months maybe more is to long for us to wait for block cypher donation to be completed.
...

For Early buyers this is true.  I wish they would offer more donations but it is not happening.  On the other hand, there will be many investors like myself.  I have nearly 3 btc invested.  I have NOT sold any but unfortunately I didn't buy really early and I've bought as the price has gone up.  I have a BE of 75k.  When the coin reaches its it's true potential in market cap, I'd be willing to donate a lot to the development.  Right now though we are slowly drifting in the wrong direction.  We took a hit from the BTC dip as a few investors pulled some of their BTC out and now I think other investors are getting hesitant because of these funding talks.  Funding is always a very hard thing to get.  



People are worried about a new coin taking away from the Fibre momentum.  I do not think this should be a true concern.  There are some awesome things going on now and planned for the future.  There is no reason the 2 coins can not coexist.  There are some smaller investors that will not put a lot of funds into a coin that is really high per cost of coin.  They would rather invest in a coin that is 1000sats instead of a coin that is 100,000sats.  Having FibreLite could bring in a new set of investors that Fibre currently is not seeing.

I think the key to having 2 coins work together successfully will be finding a way for the coins to work together but still function differently.  Ideas...

If possible, use both coins in 1 wallet.
Let Fibre run anonymously but FiberLite can only run on the public network.
Possibly integrate an automatic trade engine so someone with fibrelite that wants to make an annon transaction can choose that option and coins can be automatically converted.
Could also integrate a stand alone trade engine within the wallet so Fibre and be traded on an exchange for FibreLite and vice versa
Both coins can be used in apps.  
Allow one coin to have a benefit that the other coin does not within each app.

I think you get the point.  Im sure the developers can suggest other things since they know more about whats ahead.  There needs to be things that set the coins apart and other things that tie the coins together.  Successfully doing this will ensure both coins are a long term success.


It would also be good for the devs to be clear about what things will continue and what things will be on hold until funds are raised.  I think investors are a little worried right now and the current market value shows this.  I gotta go to work.  Be back later and I'll add some other feedback.


--- EDIT ---

I was in a hurry to get ready and leave for work.  I made an error above.
I was stating that I have nearly 3 btc invested and I have NOT sold any.  I did not buy early and I've bought as the price has gone up.  I have a BE of 75k.
Just wanted to make that clear.  The way it was worded did not look good.
sr. member
Activity: 378
Merit: 250
I understand the dilemma and obvious need for funding. I know it has been floated to perhaps have fibre/fibrelight trading at a discount during the fibrelight ico. The problem is that such an arrangement will seriously rock the fibre cap. If we're being honest fibrelight is an exact clone in every way except for total coin supply, which doesn't look good in general for the brand.
However, if you roll fibre into fibrelight as I think you should, you'll keep the current holders on board as well as getting an ico to drum up more public attention/funding. I also think talks of 10+ devs  Shocked is way too early. The market cap has to be larger before these more grandiose plans can be considered.


What if the multipool that starts tomorrow is used by the community to donate it's payouts to the block Cypher  fund. I'm sure  people are more willing to donate their hash power than their current funds.

great idea

1. People mine on the MUltipool

2. Fibre will be bought for payout at the market what will help the price to stabilize

3. 10- 20 % of the payout will be paid to the fibre team every day. This will also help the people who mined the coin because more development higher price for the coined mined.

Win-Win for all. When we are a TOP 40 Coin we can talk about Fibrelite or Donations but right now no one is interested to donate or ICO this coin. Sorry thats hard but I think the reality.


I WOULD START with this. And in 1-2 Months if we are a real good established coin I would do the ICO.
I personally think this is a great idea. But the miners should have a choice between donating the %.

Everyone can send as much as they want after getting payout , no need to set any % at multipool

Multipool is not about making people to pay donations

We all know people are investing and want to see their product at once , that`s why it is so hard to get donations for future development

We can`t wait 1-2 months when rev2 is just around the corner and we can be at BlockCypher almost instantly after paying fees

FibreLite in my opinion is the best solution to speed up definitely more all great things that are coming with Fibre Team

We have already planned new innovations , marketing campaigns , got in touch with awesome developers

All is being done to bring more exposure to Fibre through FibreLite , coins will be evolving together , it can bring only good things for Fibre and even more benefits for investors

We are brainstorming the ideas right now , Thank You all for input



It would have a positive affect on the FIbre marketcap because it would create substantial buy pressure!!

It will start out as a clone of FibreLite but then benefit from the development that we will be capable of with hundreds of BTC.

We have had many community members and candidates for theFIbreBoard say this is not an option! This would have the biggest impact on Fibre because you are diluting the coin supply. Also how could everyone still have the same market share and raise a few hundred BTC for development?

Talk of 10+ developers is not too early, we already have several developers that want to come on board. I also have 30 CV's of very talented developers. The only constraint on this is funding.

I have leart a lot since I started Fibre, the crypto community moves soo fast and demands soo much. If we do not keep up this aggressive development schedule can you see a substantial rise in the marketcap with out it?

As I have said many times we need the communities buy in on this! Otherwise its a no go
newbie
Activity: 58
Merit: 0
I understand the dilemma and obvious need for funding. I know it has been floated to perhaps have fibre/fibrelight trading at a discount during the fibrelight ico. The problem is that such an arrangement will seriously rock the fibre cap. If we're being honest fibrelight is an exact clone in every way except for total coin supply, which doesn't look good in general for the brand.
However, if you roll fibre into fibrelight as I think you should, you'll keep the current holders on board as well as getting an ico to drum up more public attention/funding. I also think talks of 10+ devs  Shocked is way too early. The market cap has to be larger before these more grandiose plans can be considered.


What if the multipool that starts tomorrow is used by the community to donate it's payouts to the block Cypher  fund. I'm sure  people are more willing to donate their hash power than their current funds.

great idea

1. People mine on the MUltipool

2. Fibre will be bought for payout at the market what will help the price to stabilize

3. 10- 20 % of the payout will be paid to the fibre team every day. This will also help the people who mined the coin because more development higher price for the coined mined.

Win-Win for all. When we are a TOP 40 Coin we can talk about Fibrelite or Donations but right now no one is interested to donate or ICO this coin. Sorry thats hard but I think the reality.


I WOULD START with this. And in 1-2 Months if we are a real good established coin I would do the ICO.
I personally think this is a great idea. But the miners should have a choice between donating the %.

Everyone can send as much as they want after getting payout , no need to set any % at multipool

Multipool is not about making people to pay donations

We all know people are investing and want to see their product at once , that`s why it is so hard to get donations for future development

We can`t wait 1-2 months when rev2 is just around the corner and we can be at BlockCypher almost instantly after paying fees

FibreLite in my opinion is the best solution to speed up definitely more all great things that are coming with Fibre Team

We have already planned new innovations , marketing campaigns , got in touch with awesome developers

All is being done to bring more exposure to Fibre through FibreLite , coins will be evolving together , it can bring only good things for Fibre and even more benefits for investors

We are brainstorming the ideas right now , Thank You all for input


legendary
Activity: 952
Merit: 1001
full member
Activity: 136
Merit: 100
>>>>>>>>>>>>>>>>UPDATE<<<<<<<<<<<<<<<<<

Fibre Multipool is up !

Active algos - x11 , scrypt and sha256


http://fibre.xpool.ca

Any problems, please let me know!

Cheers!

No problems here, i'm mining X11 now Smiley
legendary
Activity: 3556
Merit: 1126
>>>>>>>>>>>>>>>>UPDATE<<<<<<<<<<<<<<<<<

Fibre Multipool is up !

Active algos - x11 , scrypt and sha256


http://fibre.xpool.ca

Any problems, please let me know!

Cheers!
legendary
Activity: 2310
Merit: 1000
>>>>>>>>>>>>>>>>UPDATE<<<<<<<<<<<<<<<<<

Fibre Multipool is up !

Active algos - x11 , scrypt and sha256


http://fibre.xpool.ca
full member
Activity: 136
Merit: 100
What is the github repo for FibreDark? or where is the Linux wallet download link for FibreDark?


For the moment we don't have a repo for the FibreDark wallet as i've been working on making Tor connectivity switchable from within the wallet. This feature will be wrapped up into the next major release.
What about the normal linux wallet download link?

Sorry my bad, i have so many versions to control, forgot i'd already pushed FibreDark to the Git repo Smiley
You can compile the wallet from here:

https://github.com/fibre-team/fibre
legendary
Activity: 2310
Merit: 1000
What if the multipool that starts tomorrow is used by the community to donate it's payouts to the block Cypher  fund. I'm sure  people are more willing to donate their hash power than their current funds.

great idea

1. People mine on the MUltipool

2. Fibre will be bought for payout at the market what will help the price to stabilize

3. 10- 20 % of the payout will be paid to the fibre team every day. This will also help the people who mined the coin because more development higher price for the coined mined.

Win-Win for all. When we are a TOP 40 Coin we can talk about Fibrelite or Donations but right now no one is interested to donate or ICO this coin. Sorry thats hard but I think the reality.


I WOULD START with this. And in 1-2 Months if we are a real good established coin I would do the ICO.
I personally think this is a great idea. But the miners should have a choice between donating the %.

Everyone can send as much as they want after getting payout , no need to set any % at multipool

Multipool is not about making people to pay donations

We all know people are investing and want to see their product at once , that`s why it is so hard to get donations for future development

We can`t wait 1-2 months when rev2 is just around the corner and we can be at BlockCypher almost instantly after paying fees

FibreLite in my opinion is the best solution to speed up definitely more all great things that are coming with Fibre Team

We have already planned new innovations , marketing campaigns , got in touch with awesome developers

All is being done to bring more exposure to Fibre through FibreLite , coins will be evolving together , it can bring only good things for Fibre and even more benefits for investors

We are brainstorming the ideas right now , Thank You all for input

legendary
Activity: 2310
Merit: 1000
Morning all. good debating going on here.

In other news, does everyone know we are live on Mintpal V2 right now, or did it go un-noticed Smiley

https://www.mintpal.com/market/btc/fibre
https://www.mintpal.com/market/usd/fibre



Everyone is waiting to see some stabilisation on Mintpal V2

Great to see Fibre/Usd market there Smiley
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
What if the multipool that starts tomorrow is used by the community to donate it's payouts to the block Cypher  fund. I'm sure  people are more willing to donate their hash power than their current funds.

great idea

1. People mine on the MUltipool

2. Fibre will be bought for payout at the market what will help the price to stabilize

3. 10- 20 % of the payout will be paid to the fibre team every day. This will also help the people who mined the coin because more development higher price for the coined mined.

Win-Win for all. When we are a TOP 40 Coin we can talk about Fibrelite or Donations but right now no one is interested to donate or ICO this coin. Sorry thats hard but I think the reality.


I WOULD START with this. And in 1-2 Months if we are a real good established coin I would do the ICO.
I personally think this is a great idea. But the miners should have a choice between donating the %.
hero member
Activity: 700
Merit: 500
★ IT's Party Time! ★
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
What is the github repo for FibreDark? or where is the Linux wallet download link for FibreDark?


For the moment we don't have a repo for the FibreDark wallet as i've been working on making Tor connectivity switchable from within the wallet. This feature will be wrapped up into the next major release.
What about the normal linux wallet download link?

There you go https://github.com/fibre-team/fibre

Thanks

Krushang
Shouldn't there be linux binaries?
hero member
Activity: 616
Merit: 524
What is the github repo for FibreDark? or where is the Linux wallet download link for FibreDark?


For the moment we don't have a repo for the FibreDark wallet as i've been working on making Tor connectivity switchable from within the wallet. This feature will be wrapped up into the next major release.
What about the normal linux wallet download link?

There you go https://github.com/fibre-team/fibre

Thanks

Krushang
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
What is the github repo for FibreDark? or where is the Linux wallet download link for FibreDark?


For the moment we don't have a repo for the FibreDark wallet as i've been working on making Tor connectivity switchable from within the wallet. This feature will be wrapped up into the next major release.
What about the normal linux wallet download link?
full member
Activity: 136
Merit: 100
What is the github repo for FibreDark? or where is the Linux wallet download link for FibreDark?


For the moment we don't have a repo for the FibreDark wallet as i've been working on making Tor connectivity switchable from within the wallet. This feature will be wrapped up into the next major release.
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
What is the github repo for FibreDark? or where is the Linux wallet download link for FibreDark?
hero member
Activity: 700
Merit: 500
★ IT's Party Time! ★
Morning all. good debating going on here.

In other news, does everyone know we are live on Mintpal V2 right now, or did it go un-noticed Smiley

https://www.mintpal.com/market/btc/fibre
https://www.mintpal.com/market/usd/fibre



Should refresh OP
full member
Activity: 136
Merit: 100
Morning all. good debating going on here.

In other news, does everyone know we are live on Mintpal V2 right now, or did it go un-noticed Smiley

https://www.mintpal.com/market/btc/fibre
https://www.mintpal.com/market/usd/fibre

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