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Showing content with the highest reputation on 04/24/16 in Posts

  1. fed said he is looking into it. I am very limited at work to check things once ive started renting them. I haven't had a single problem using multipools frc stratum so far.
    1 point
  2. thats great! if you need another btc let me know. I will ask fedde if he can look into the pool problem.
    1 point
  3. As for renting, I will trial renting for a week with my own funds, see how much btc it eats up. I don't have a lot of time to be able to do anything else. Im working on a mine site 23days straight then I get my 10 days off but im usually traveling so not around a lot. But ill see how I go at getting the block time down. Will put 1btc aside for the trial
    1 point
  4. I had a total of 80th rented but only managed around 25-30 as they kept dropping out. The site does not like the pool at all, kept suspending the mining. Ive rented some more and threw them on multipools frc just to keep hash on it.
    1 point
  5. Is it functioning now? I see you have mined a lot of blocks on the pool. Thx a lot for that! If not we must inform fedde, so that he can fix it. Currently the main goal is to bring the difficulty down to normal levels before the attack. Next week we should get also some more Terra hashes to mine on Freicoin. The idea to rent some miners if needed sounds great. I think we could also use alliance funds for that. I m also willing to donate for it. Could you take care of this ¨renting¨ project?
    1 point
  6. So is this aiming for renting miners and keeping it constant? Maybe someone here could be in control of a wallet for using to hire miners? I can donate some btc per week if others are willing.
    1 point
  7. @kieranf thx for joing the mining effort! We have now more then 24 Terra Hashes on Fedds pool! http://frc.sicanet.net/index.php?page=statistics&action=pool Great work!
    1 point
  8. great news! Thx to Fedde we have now 9 Terra Hashes more to bring down the difficulty. That should least to at least one block per hour And in around one week we have some more mining power behind Freicoin So Bick, now we can start with your school project!
    1 point
  9. 1. Get the initial issuance of 100 million Freicoin completed at required 10 minutes per block. can you please outline? 2. Set a mining benchmark so that transaction rates are 10 minutes per block. what you meant with that? 3. Keep Vircurex price stable and higher incrementally as our go to exchange at least until our own exchange is working properly then we move to it. yea we are already doing that now until this block time issue is solved
    1 point
  10. Arcurus

    Future of Freicoin

    hi all, for detail discussion of proof of stake / proof of stake combined with proof of work we have this topic: https://freicoinalliance.com/topic/64-discussion-of-proof-of-stake-pos/ So please post detail discussion about that here, of course general discussion relevant to the future of Freicoin could be posted here, as long as it goes not into an detailed discussion. That said I just want to mention, that I was not speaking about using 100% proof of stake I was speaking of an combination from proof of stake with proof of work that solves the nothing of stake problem / the history
    1 point
  11. jtimon

    Future of Freicoin

    The last sentence of the paper: "We showed that by depending only on resources within the system, proof of stake cannot be used to form a distributed consensus, since it depends on the very history it is trying to form to enforce loss of value." That doesn't mean that proof of stake cannot be useful for other things different from securing the chain (for example, republicoin). About rebasing...it's not just about getting "neat features" from bitcoin upstream. It is also about getting important security and privacy improvements. For circulation, we have demurrage: the donation matching is onl
    1 point
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