[Official ANN]FREELABIT|FBF|Up to 15% Interest|No ICO|POW|Cryptonight - page 24.

FreelaBit

full member

Activity: 224

Merit: 102

https://freelabit.network

Quote from: danspasiva on December 02, 2017, 02:17:51 AM

Hey dev,

I'm a bit confused about the coin supply/mining. Am i reading correctly that the maximum supply is 18 trillion?? And it only awards 10 coins per block every 2 minutes? If so, how can this ever be profitable to mine?

Thanks

Maximum FBF Supply & Deposits:

18,446,744,073,709 FBF

Decimal Points: 6

Minimum transaction fee: 0.001

Total amount of coins to be emitted: Most of CryptoNote-based coins use (uint64_t)(-1) (equals to 18446744073709551616).
Mind the decimal, its the same amount of units as other cryptonote coins, they put the decimal in a different place.

18,446,744.073709551616 -12 (monero)
184,467,440,737.09551616 -8 (bytecoin)
18,446,744,073,709.551616 -6 (FreelaBit)

lupanar

sr. member

Activity: 1344

Merit: 252

Quote from: FreelaBit on December 01, 2017, 10:50:28 AM

Cast your vote:

AltcoinBit Exchange Voting list:
https://altcoinbit.com/page/voting

Votes (1 vote = 1000 ALTBP) (Roughly USD 5.00)

We´re close to the top, every vote counts and will indeed make a difference!
Let´s get FBF to this trading platform.

Voted! Cmon guys, lets do it!

baliwae

newbie

Activity: 36

Merit: 0

Quote from: FreelaBit on December 01, 2017, 10:50:28 AM

Cast your vote:

AltcoinBit Exchange Voting list:
https://altcoinbit.com/page/voting

Votes (1 vote = 1000 ALTBP) (Roughly USD 5.00)

We´re close to the top, every vote counts and will indeed make a difference!
Let´s get FBF to this trading platform.

vote vote +1

samand

newbie

Activity: 2

Merit: 0

HI I am unable to sync my wallet, its stuck on 1/1, is there a conf file I need to generate? Thanks.

koang

sr. member

Activity: 2422

Merit: 264

20BET - Premium Casino & Sportsbook

Hello dev ...
I just filled out the airdrop form and I hope I'm not late.
Good luck for you project..

danspasiva

full member

Activity: 417

Merit: 105

Hey dev,

I'm a bit confused about the coin supply/mining. Am i reading correctly that the maximum supply is 18 trillion?? And it only awards 10 coins per block every 2 minutes? If so, how can this ever be profitable to mine?

Thanks

FreelaBit

full member

Activity: 224

Merit: 102

https://freelabit.network

Cast your vote:

AltcoinBit Exchange Voting list:
https://altcoinbit.com/page/voting

Votes (1 vote = 1000 ALTBP) (Roughly USD 5.00)

We´re close to the top, every vote counts and will indeed make a difference!
Let´s get FBF to this trading platform.

andro hac

sr. member

Activity: 574

Merit: 254

Quote from: FreelaBit on November 30, 2017, 10:09:50 AM

Quote from: andro hac on November 30, 2017, 04:29:59 AM

Quote from: FreelaBit on November 28, 2017, 03:23:35 PM

**AIRDROP**

Block Height aproaching 45551 http://explorer.freelabit.xyz

Check your address on the sheet.

Transfers will be carried out soon after BH 45551 has been reached and will be completed within 12-24 hrs.

https://docs.google.com/spreadsheets/d/1bDm31ZcDCIqS_86FGSlxP25JtDdxC7PqvWD6oqGVxe0/edit?usp=sharing

well ,I see your address from the list ,thank you sir expected to airdroping Grin

You mean, your address...

Yes sir,Google translate is sometimes not working well Grin

FreelaBit

full member

Activity: 224

Merit: 102

https://freelabit.network

Quote from: andro hac on November 30, 2017, 04:29:59 AM

Quote from: FreelaBit on November 28, 2017, 03:23:35 PM

**AIRDROP**

Block Height aproaching 45551 http://explorer.freelabit.xyz

Check your address on the sheet.

Transfers will be carried out soon after BH 45551 has been reached and will be completed within 12-24 hrs.

https://docs.google.com/spreadsheets/d/1bDm31ZcDCIqS_86FGSlxP25JtDdxC7PqvWD6oqGVxe0/edit?usp=sharing

well ,I see your address from the list ,thank you sir expected to airdroping Grin

You mean, your address...

andro hac

sr. member

Activity: 574

Merit: 254

Quote from: FreelaBit on November 28, 2017, 03:23:35 PM

**AIRDROP**

Block Height aproaching 45551 http://explorer.freelabit.xyz

Check your address on the sheet.

Transfers will be carried out soon after BH 45551 has been reached and will be completed within 12-24 hrs.

https://docs.google.com/spreadsheets/d/1bDm31ZcDCIqS_86FGSlxP25JtDdxC7PqvWD6oqGVxe0/edit?usp=sharing

well ,I see your address from the list ,thank you sir expected to airdroping Grin

nomadedigital

member

Activity: 135

Merit: 10

Quote from: Master Carnegie on November 29, 2017, 08:24:11 PM

Finally the airdrop will start to be distributed! There are approximately 2200 blocks missing, is this equivalent to 3 - 4 days?

But, how? I mean..😳
Airdrop unlock block 45551
Current block height 42379
Block time 2minutes (the block target time is 120 seconds, but is not fixed, it is calculated at estimated network speed and current difficulty, seem blocks solve in 60 sec and others in 6 minutes but the average is 2 minutes)

So we have 45551-42379: 3172
In 24 hrs there are roughly 720 blocks
That is 4 days and pennies. But , since network hashrate is so variable it can be a matter of couple days only, that's my pov.

pomartin

jr. member

Activity: 80

Merit: 5

Quote from: Master Carnegie on November 29, 2017, 08:24:11 PM

Finally the airdrop will start to be distributed! There are approximately 2200 blocks missing, is this equivalent to 3 - 4 days?

Considering block time of 2 minutes 2200 blocks would be 3 days yes.

Master Carnegie

full member

Activity: 253

Merit: 100

Finally the airdrop will start to be distributed! There are approximately 2200 blocks missing, is this equivalent to 3 - 4 days?

FreelaBit

full member

Activity: 224

Merit: 102

https://freelabit.network

Quote from: jukKas on November 29, 2017, 08:46:35 AM

Quote from: FreelaBit on November 28, 2017, 04:22:24 PM

Quote from: jukKas on November 28, 2017, 03:36:53 PM

Hi,

I have question about the interest. How's that working? Is it gathering by staking?

Please see:

Quote from: FreelaBit on November 14, 2017, 07:50:21 AM

Quote from: gimpo on November 14, 2017, 05:57:09 AM

Quote from: FreelaBit on November 13, 2017, 11:04:44 AM

Quote from: gimpo on November 12, 2017, 03:45:40 PM

Hi! Why did you make a deposit? Who pays me for it?

Can you elaborate?

I get a profit from the deposit, but why developers?

Why not?
You can safely deposit your Freelabit´s with an interest rate.

It´s a blockchain based feature: time-locked deposits with variable annual interest rate.
In general it allows users to “lock” some of their FBF for a period of time (from one month to one year)
and after some time, withdraw it back with some interest as a part of main Freelabit supply.

Longer period gives users a bigger interest rate.

Deposits are implemented via new types of transaction output/outputs. It includes amount,
destination key (or keys) and time (expressed in blocks) to lock.

The transaction itself contains the field unlock-time
The transaction is included in the blockchain as usual and the counter starts.

When the lock expires user can spend this output as usual, but the new transaction volume
will be increased with the interest. For example, if user makes a deposit of 1000 FBF for about
1 year an annual interest rate will be about 15% at the time of unlocking it will be 1150FBF. It also means that deposits act as new source
of emission.

**See OP for table of rates

Quote

Also why there's misinformation about fee? Website states zero fee but OP here states that minimum fee is 0.001.

FreelaBit Coin Minimum Transaction Fee ("Miner´s Fee")---> 0.001

FreelaBit Freelancing Platform ---> 0% Fee

Thanks a lot with your answers. This clears a bit.

So there's that kind of locking feature in the FreelaBit wallet already?

Yes, there is! Under Deposits tab on FreelaBit GUI wallet

jukKas

full member

Activity: 364

Merit: 100

Quote from: FreelaBit on November 28, 2017, 04:22:24 PM

Quote from: jukKas on November 28, 2017, 03:36:53 PM

Hi,

I have question about the interest. How's that working? Is it gathering by staking?

Please see:

Quote from: FreelaBit on November 14, 2017, 07:50:21 AM

Quote from: gimpo on November 14, 2017, 05:57:09 AM

Quote from: FreelaBit on November 13, 2017, 11:04:44 AM

Quote from: gimpo on November 12, 2017, 03:45:40 PM

Hi! Why did you make a deposit? Who pays me for it?

Can you elaborate?

I get a profit from the deposit, but why developers?

Why not?
You can safely deposit your Freelabit´s with an interest rate.

It´s a blockchain based feature: time-locked deposits with variable annual interest rate.
In general it allows users to “lock” some of their FBF for a period of time (from one month to one year)
and after some time, withdraw it back with some interest as a part of main Freelabit supply.

Longer period gives users a bigger interest rate.

Deposits are implemented via new types of transaction output/outputs. It includes amount,
destination key (or keys) and time (expressed in blocks) to lock.

The transaction itself contains the field unlock-time
The transaction is included in the blockchain as usual and the counter starts.

When the lock expires user can spend this output as usual, but the new transaction volume
will be increased with the interest. For example, if user makes a deposit of 1000 FBF for about
1 year an annual interest rate will be about 15% at the time of unlocking it will be 1150FBF. It also means that deposits act as new source
of emission.

**See OP for table of rates

Quote

Also why there's misinformation about fee? Website states zero fee but OP here states that minimum fee is 0.001.

FreelaBit Coin Minimum Transaction Fee ("Miner´s Fee)---> 0.001

FreelaBit Freelancing Platform ---> 0% Fee

Thanks a lot with your answers. This clears a bit.

So there's that kind of locking feature in the FreelaBit wallet already?

nomadedigital

member

Activity: 135

Merit: 10

Quote from: FreelaBit on November 28, 2017, 03:23:35 PM

**AIRDROP**

Block Height aproaching 45551 http://explorer.freelabit.xyz

Check your address on the sheet.

Transfers will be carried out soon after BH 45551 has been reached and will be completed within 12-24 hrs.

https://docs.google.com/spreadsheets/d/1bDm31ZcDCIqS_86FGSlxP25JtDdxC7PqvWD6oqGVxe0/edit?usp=sharing

Jah Bless!! Grin

FreelaBit

full member

Activity: 224

Merit: 102

https://freelabit.network

Quote from: jukKas on November 28, 2017, 03:36:53 PM

Hi,

I have question about the interest. How's that working? Is it gathering by staking?

Please see:

Quote from: FreelaBit on November 14, 2017, 07:50:21 AM

Quote from: gimpo on November 14, 2017, 05:57:09 AM

Quote from: FreelaBit on November 13, 2017, 11:04:44 AM

Quote from: gimpo on November 12, 2017, 03:45:40 PM

Hi! Why did you make a deposit? Who pays me for it?

Can you elaborate?

I get a profit from the deposit, but why developers?

Why not?
You can safely deposit your Freelabit´s with an interest rate.

It´s a blockchain based feature: time-locked deposits with variable annual interest rate.
In general it allows users to “lock” some of their FBF for a period of time (from one month to one year)
and after some time, withdraw it back with some interest as a part of main Freelabit supply.

Longer period gives users a bigger interest rate.

Deposits are implemented via new types of transaction output/outputs. It includes amount,
destination key (or keys) and time (expressed in blocks) to lock.

The transaction itself contains the field unlock-time
The transaction is included in the blockchain as usual and the counter starts.

When the lock expires user can spend this output as usual, but the new transaction volume
will be increased with the interest. For example, if user makes a deposit of 1000 FBF for about
1 year an annual interest rate will be about 15% at the time of unlocking it will be 1150FBF. It also means that deposits act as new source
of emission.

**See OP for table of rates

Quote

Also why there's misinformation about fee? Website states zero fee but OP here states that minimum fee is 0.001.

FreelaBit Coin Minimum Transaction Fee ("Miner´s Fee)---> 0.001

FreelaBit Freelancing Platform ---> 0% Fee

jukKas

full member

Activity: 364

Merit: 100

Hi,

I have question about the interest. How's that working? Is it gathering by staking?

Also why there's misinformation about fee? Website states zero fee but OP here states that minimum fee is 0.001.

FreelaBit

full member

Activity: 224

Merit: 102

https://freelabit.network

**AIRDROP**

Block Height aproaching 45551 http://explorer.freelabit.xyz

Check your address on the sheet.

Transfers will be carried out soon after BH 45551 has been reached and will be completed within 12-24 hrs.

https://docs.google.com/spreadsheets/d/1bDm31ZcDCIqS_86FGSlxP25JtDdxC7PqvWD6oqGVxe0/edit?usp=sharing

FreelaBit

full member

Activity: 224

Merit: 102

https://freelabit.network

Quote from: nizzuu on November 28, 2017, 12:59:05 PM

Quote from: FreelaBit on November 27, 2017, 06:41:43 PM

Stocks.exchange

Try to ask southxchange.com as well. Btw can't find listing price out there Embarrassed

See:

Quote from: FreelaBit on November 19, 2017, 10:23:03 AM

Quote from: bakacoin on November 19, 2017, 12:58:35 AM

How about sharing at https://www.southxchange.com/
They work with Cryptonote.

We´ve been in touch with them.
See their response:

Dear contact,
We currently don't have open slots, but we will contact you as soon as we do.
Your SouthXChange Support Team,

Topic: [Official ANN]FREELABIT|FBF|Up to 15% Interest|No ICO|POW|Cryptonight - page 24. (Read 29280 times)