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Showing content with the highest reputation on 08/11/17 in Posts

  1. Bicknellski

    Future of Freicoin

    Gobsmacked. You really buried the lead for the most interesting possible updates. This is most interesting aspect of what you are planning for FRC. If you can help crack that and get FRC in that arena and at the forefront maybe there is hope for wider adoption. Personally when I first came to bitcoin it was a huge liability I saw where those with technical skills, resources, lower power costs would eventually 'control the coin'. Centralized mining in the hands of only a few corporations or organizations and a lot fraud has happened as a direct result of this race to centralization. Ev
    2 points
  2. No solution, I'm afraid. Anyone can fork bitcoin, or freicoin, or any other crypto currency at any time and try to get people to use the new spinoff coin over the old one. This isn't the first time that it has happened to bitcoin either, just the first time that it had any significant (albeit minority) support from miners, users, developers, etc. There is not some crypto magic that would save us from this outcome -- I can think of generic approaches to replay prevention that would work no matter the underlying crypto system (e.g. XOR the signature with fixed data).
    2 points
  3. It's time to re-start this thread. As mentioned in another thread, I've been professionally busy non-stop for some months on a couple of different projects. That is currently slated to change with my new responsibilities including the maintenance of the Elements codebase, which includes most of the new features we would like to add to Freicoin. So there's a little bit of double-dipping there. Plus since I'll be traveling less and working normal hours I'll be able to spend 8-10 hours a week, evenings and weekends, working on the basic plan outlined at the top of this thread. So let's revis
    2 points
  4. After the random value is released, I go back and make up a proposed block that's even closer.
    1 point
  5. Rik8119

    Future of Freicoin

    Of course there is a solution to that, its called: closed source! Just add some stinky unnecessary features that makes it impossible to read the blockchain without your client and you got it... But that was the world before Bitcoin, so i guess no one (well, excepting Roger and Jihan) wants to go back there.. Its not a bug, its THE feature! And yes, you can still run the software from 2009 and refuse to update. But again who wants that? In the end its a consensus that is reached by following the chain with enough marketcap to make it work..
    1 point
  6. Difference of 2 satoshi/kria, actually. Lightning struck twice. The wallet does not let you spend more than you have. This is not a bug or mistake. What happened was that about a year and a half ago we rolled out a soft-fork upgrade of the Freicoin network which changed the rules regarding how demurrage is calculated. Specifically it made it so that demurrage is truncated (rounded down) per-input instead of in aggregate over all transactions. Imagine a transaction that, after demurrage is calculated, results in 2 inputs that have 0.8 and 0.8 fractional kria each. Under the old rules these
    1 point
  7. I posted a little bit more about development roadmaps in the Future of Freicoin thread.
    1 point
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