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Showing content with the highest reputation on 07/10/17 in Posts

  1. When Freicoin was launched, we thought the Freicoin Foundation could be a good way to use "excesive rewards to miners" for good causes and to promote Freicoin adoption. Since then, 3 of the people initially in the foundation have distanced themselves from the project (in part, because of the foundation), we haven't been able to keep up even with the matched donations distribution program, which also hasn't move towards a more decentralized implementation (like republicoin) and no other distribution programs have been implemented. I haven't been maintaining the website properly and
    2 points
  2. Is there a way to boost mining rewards? maybe double every 5th block or something to add a bit more of a randomness to mining and a bonus for those that have been mining and still are mining and keeping the blocks turning over? I think some sort of benefit to mining and/or taking away the transaction fee or if these funds could subsidise the fees for the remainder of the foundations coins. As it stands, Freicoin doesnt hold any value these days so the quicker the foundation is laid to rest and could be announced on forums the better. It would help in starting the promotion of the coin again if
    1 point
  3. Option 3 some months after the matching is done. UPDATE: I see no use in having just more coins for mining. Just more coins does not mean more security, because increased supply will most likely reduce the price so that security wise it stays the same. I propose to bring the remaining foundation coins after matching is done in circulation as block reward and combine it with a softfork that makes sure that some part of the block reward is used for Freicoin related projects. The softfork is enough if enforced by the main Freicoin economic nodes, so that it is easy t
    1 point
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