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  1. 5 points
    jtimon

    The end of the foundation

    > So what is your vision for the coin moving forward Developers? My priority regarding Freicoin is starting to do rebases much faster and continuously, getting all the new improvements, bugfixes and features. As for new consensus changes features, apart from those included in more modern versions of bitcoin (cltv[bip65], csv[bip68/bip112], segwit[bip141]), it would be nice to get features from https://elementsproject.org/ which now also rebases periodically. Specially I would like to have confidential transactions https://elementsproject.org/elements/confidential-transactions/ and confidential assets: https://elementsproject.org/elements/asset-issuance/ This is similar to freimarkets' basic asset issuance but with much better privacy. But that requires a hardfork, so it strongly depends on support from the community. There's also some incentive problems with the utxo, but I think we can solve them. In general, that's my basic plan for Freicoin development: rebase and get new features from elements and bitcoin. I'm also working on a block explorer for bitcoin, elements and liquid that I would like to adapt to freicoin as well. But of course other people can work on other things. In any case, this is rather orthogonal to the foundation's funds. So please, let's try to stay on topic. New developments, new webs and potential consensus changes are all fine to discuss, but I don't think they are directly related to the question at hand, which is admitting we have failed as a community (and as devs) with the foundation and non-mining distribution, put an end to it and move on to other things.
  2. 4 points
    galambo

    The end of the foundation

    I vote option 1. I will share what I am thinking: I was never very comfortable with the idea of the foundation, because to me the idea of Bitcoin is using clever mathematics to avoid politics. A foundation picking winners and losers is the definition of politics, and I wasn't comfortable with being in that position. There was some thought to use the foundation coin to come up with a provably fair way to distribute the foundation coins with a "faucet". But in my opinion this would take a level of mathematical innovation on the level of Bitcoin itself, and we are very unlikely to solve this problem if it is even possible. Distributing the coin to miners is provably fair, but this is a political decision to reward the miners. Is there any indiciation that Freicoin needs a higher level of security which we would be buying with rewarding the miners at a higher rate? Anyways, please consider opinion from someone who was involved in the release of this coin but not so much now, I apologize for that.
  3. 4 points
    Rik8119

    Hello

    Atm its: @Skaro, @fedde, @Arcurus and @Bicknellski and me that are actively discussing/improving. There are some others that joining in from time to time but we are the core. Latest Improvements are: 1. A blockexplorer showing the balance with the demurrage substracted -> freicoin.info. 2. A fast, good looking and easy to use exchange -> freiexchange.com. 3. Freicoin Wallet 0.9 tested and working -> https://github.com/eddef/freicoin. 4. The newest p2pool ported to freicoin -> http://alfa.sicanet.net:9638/static/ (Payout and Transaction count is not displaying correct but i will look into it when i have the mood;-). 5. Coinomi multiwallet including freicoin (beta version -should work but i am the only one that tested it atm) -> https://github.com/wincev/coinomi-android I hope i haven't forgotten something!? Rik
  4. 4 points
    120.000 FRC bounty paid to 1EHMesZiLPqZvU2mVZGeYBaQvSPRUKA8yW Transaction ID: fb8a98fc3db932f518034f305fb86043cbc62252af57a3d8755f678aa0815f62
  5. 3 points
    jtimon

    The end of the foundation

    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 Mark hasn't done the matching often enough. We apologize for that. Many potential users distrust Freicoin "because of the foundation's 'premine'". Sites are often confused about Freicoin's monetary base of 100 M because of the foundation's funds, and people often belive that Freicoin still has inflation on top of the demurrage (but the inflation was supposed to only last the first 3 years). The foundation has also been a constant source of friction and conflict within the Freicoin community, often demotivating both users and developers when not causing direct confrontation between each other. It has also taken volunteer resources which could have otherwise gone to actual development and innovation. At this point, I'm convinced that the Foundation has not only not helped Freicoin but actually has done the opposite. On top of all that, the ecosystem has been invaded with "Initial Coin Offerings" and other schemes which I personally consider scams. And although I think the foundation is very different and not a scam, I'm no longer sure regulators will be able to tell the difference when the time comes. The last thing I had in mind when proposing Freicoin was going to jail because of the foundation (which actually was a later idea, wasn't there in the initial proposal). We explained that if the foundation ever misbehaved or got their funds stolen, Users could activate a softfork to destroy those funds. The foundation can also destroy those funds unilaterally, but we want to ask the community what would be the preferred way to close the foundation, since there are several ways to achieve this technically. Since it was promised to match 100% instead of 10% and some more donations were done with that expectation, we can do one last matching (including going from 10% to 100% retroactively as promised) before destroying the remaining funds. Here are some other options, please, 1) Simply destroy them by sending them to an OP_RETURN output. This has the disadvantage that there will be inflation again and it will take very long until all the 100 M are issued. 2) Turn them back into mining rewards by creating txs only with fees that are locked in time, so that each block can take one. We can decide at which rate they're given to miners and for how long (until they're gone). With this we can get to the 100 M much faster and has the additional advantage that provides more incentive to mine (which is currently extremly low). 3) Distribute proportionally to the current freicoin holders. This has this has the disadvantage that chosing a given time may look unfair. Is it after the final matching, right after, wait for the donation receivers to spend their coins? This may also cause a price crash, but it's hard to tell. 4) Destroy the remaining funds like in option one, but also do a softfork to reduce the current miner subsidy so that instead of the monetary base growing to 100 M, it just remains to whatever it is now without the remaining foundation funds. This requires a consensus change, may cause a hasrate crash (because the incentive for miners will suddenly much lower) and we lose the round and beauty 100 M figure. My favourite option is number 2, although it has more parameters to discuss. If anybody thinks of another option, please, share it. One more time, we apologize for how the foundation was handled, I wish we had never done it in the first place, but this is where we're at.
  6. 3 points
    Rik8119

    Roadmap

    Though there are no dates to fix the progress i like to announce what is planned/going on and a short explanation also to #Solidar: TOPIC: Port Solidar to Version 14, this will be a hard one, because Merge mining and demurrage has to be ported. TOPIC: I like to make deposits possible and i am thinking about an easy to use/ effective (automated with no further interaction) way to prevent multiple accounts. TOPIC: With the porting to V14 there is an easy way to compile windows clients on ubuntu what makes it a whole lot easier for me to compile new wallets for every version. TOPIC: Marketing, make a short describing video. TOPIC: Get the dnsseeder running again. TOPIC: Get an own Forum for Solidar. TOPIC: Program SolidarPay plugin to accept split payments with the merchant bot. DONE: There is no explorer atm and the most convenient way seems to me to use an electrum server to query addresses, because most alternatives don't work for Solidar. DONE: I like to advance the facebook messenger on-line wallet to increase merchant compatibility. DONE: @fedde is working hard to implement it into freiexchange.com, thanks a lot for that. Other exchanges are not planned atm as it is very costly to get Solidar on, there is no demurrage implemented and exchanges like to cut support when something is not as expected (mostly profits). Here a short description what the concept is about: When you just wait with your account (just check balance monthly to get an income) at some point you get as income what the demurrage cost you, so there is a stable redistribution system in place. So, at a certain point there is nothing to win by hoarding. As the higher balanced addresses are stronger degraded than the smaller even the basic income can not save those, so that sooner or later all look the same (excluded the mining addresses). But as capitalism (the concentration of wealth) is an ongoing mechanism there will always be richer peoples that loose money to demurrage, so the monthly income is thought for those that can not save any money. They have to spend it and they profit the most because they get an unconditional income. Demurrage money is meant to be spend for quality food, clothing, technology and social improvements (e.g. donations to open source developments/free music). Those who tend to hoard will not profit but most important dont take away opportunities from other people! Of course the association have to use some funds to finance development marketing and organizations if there are not enough donations, but we try to keep the profile as low as possible and every coin spend will be transparent, so everybody can participate in keeping the costs low. Most likely fedde will include Solidar first but i keep it updated.. Rik
  7. 3 points
    Rik8119

    Solidar bot

    Because the Solidar bot is an important part of Solidar, for anybody wondering I wanna give a short outlook here what it is planned to be in the future. 1. The Solidar bot willbe a fully working web wallet sending, receiving and managing funds. 2. it is planned to integrate merchant functionallity -> add comments for transactions to verify payments. 3. integrate a interface for merchants to receive informations about incoming payments. 4. 10k messages are free after that facebook will contact with further instructions maybe then will be a good time to contact facebook about a basic income. 5. contact facebook to integrate solidar further- more public visibility and untegration with facebook related payments. 6. get mark zuckerberg to support solidar as he already advocated for a basic income.
  8. 3 points
    Adilado

    The end of the foundation

    Of the proposed options i say 1 or 4. The coins should be destroyed, and that it takes time to reach 100 mil is good. To be honest i think 100 mil is too much either way and its not a good number. 28 or close to is much better and closer to Bitcoin. But it has to work for the miners too.
  9. 3 points
    Skaro

    The end of the foundation

    @Rik8119well actually that was as far as I got. I wasn't sure what kind of effort @jtimon was wanting to make. So I'm not sure how complex the idea could/should be. But it seemed that a new wallet with POS/POW split could distribute the Foundation funds. The demurrage is still a good idea and may be more attractive now with countries legalizing crypto-currencies.With a wallet at 0.14, Freicoin becomes modern and it could literally be a relaunch with The Foundation funds for redistribution. We could even have an ico (or I guess it would be a co)... ;-)
  10. 3 points
    kieranf

    Stuck!

    To go out and promote Freicoin right now would be kinda pointless. These points are purely from me and i am no where near as active as i once was so just take them with a pinch of salt -Logo, Ive said this a few years ago that the actual Coin logo is dated and doesnt Pop or look professional. This should be changed and refreshed. -Ease of accessing Wallets: As it is currently, you cant just point and click to get a wallet on every platform. I beleive you have an android wallet but not an iphone wallet? The 64 bit windows 10 doesnt seem to work without a work around that has been mentioned earlier. I would think if you want adoption then getting a wallet should be the easiest part and as it stands it can be a pain in the arse. -More Hashing on the network to keep the block times stable. I realise mining gear is a pain in the butt to house and run and from previous deals that went south for some people "joes pool thingy" then would the idea of a generic kitty that we entrust someone like Rik, or Arc and just use those funds to rent hashing power? Its relatively cheap now days and takes the hassle out of housing the Units and feeding them cool air and power. I would be more than happy to chip in if people were actually keen and there was enough spread of people. -A Video/Animation that details Freicoins abilities and effectively spells out in basic terms how it all works. If enough people would be happy to chip in i would also chip in to help fund something. As i see it there would need to be a considerable amount of effort that must be put into Freicoin to basically relaunch it and put it back onto peoples radars. Besides getting some hashing power on it and freshening up the look, there would also need to be some effort to get it back onto exchanges and available to more people. Im finishing up work in a couple of weeks and going to be in Thailand doing some training so i will have a good bit of spare time and id be more than happy to help but i have limited tech skills and my main contribution would be to put some money towards getting things done. Anyways, just my thoughts and ideas.
  11. 3 points
    Arcurus

    Hello

    @fedde is/ was working also on a Webwallet to distribute Freicoins directly to verified people.
  12. 3 points
    kieranf

    Hello

    buzz word that everyone is talking about now is blockchain and how they can exploit it/use it. Freicoin doesn't offer much in that department. At the end of the day, Freicoin is Bitcoin that demurrage's. It would be nice if Freicoin could be awesome again. Even tho i wouldn't be rich, my coins were tied up in Vircurex hahaha. laaaaaaame. I havent been able to get a wallet to work on windows 10 64bit. Think i'm just going to get BTC as it crashes. Managed to pick up 6 at 400bucks each a year ago so thats turned into a nice little help!
  13. 3 points
    P2pool for freicoin, with merged mining of Rik's solidar coin is working on http://alfa.sicanet.net:9638/static/index.html Miners connect to stratum+tcp://alfa.sicanet.net:9638 with your username = FRC payout address Password can be anything. This is testing fase so things can be a bit bumpy. Cheers!
  14. 3 points
    Skaro

    Future of Freicoin

    Freicoin was almost dead and has recently come back through grass roots efforts: Fedde built a new exchange, and a new explorer was built showing demurrage paid. There was a wallet update last August. These efforts are continuing. In the works are updating p2pool software, updating wallets, and Fedde's exchange will be expanding to include other crypto-currencies all trading relative to FRC. The demurrage aspect of the currency means the coin is designed for spending and not speculating. Nevertheless, the present potential for value rise far exceeds the annual 5% demurrage fee. For this to be attractive, crypto-currencies need to find wider acceptance and circulation. Compared with 2008 and 2013, this appears to be happening now. Freicoin's developers are active and founding partners of Blockstream, and Freicoin is known for innovation (and not being a get rich quick scheme) since 2013.
  15. 3 points
    fedde

    [WORK_IN_PROGRESS] FreiExchange

    Hehe, i said speedup, not slowdown Those are already in development and will be implented. Front page will be abit diffrent than today as you will be able to browse the markets without logging in. The ticker i will also put on the todolist.
  16. 3 points
    fedde

    [Draft] Universal dividend project

    Hi all I have reviewed abit on the forum software this morning. If people check their profile, and then click edit, you can now add a FRC address to your profile. If we want to do a forum giveaway i code something that can process that in the background. It can be looked at like a faucet. This can be a ok way to attract more forum users. I think i can extend it also with tipping some frc on new posts, replies etc etc based on the reputation buttons and new post settings, but i can not promise anything.
  17. 3 points
    Rik8119

    Electrum back online

    So, the mobile electrum wallet is ready for testing. Lightweight and fast. The only problem is the demurrage for sending coins (TransactionCreator.java) is doubled somehow, so maybe @Mollycat can take a look at the code? https://www.github.com/wincev/coinomi-android But those who are willing to test it with their phones (maybe only use small amounts of FRC) are very welcome. Next will be the damn p2pool ;-). Rik frc-wallet-debug.apk
  18. 3 points
    Hallo Freicoiners, thx to @fedde we have now a new running Freicoin exchange! Have fun! https://freiexchange.com/ This topic is devoted to Freicoin Alliance related news and announcements! Please respect that! All other stuff will be deleted!
  19. 3 points
    I'll update the code on fa github with the current code. If all agree her to pay out the bounty I'll get a hold of molly. Also I will get the wallet over to you arc. First we need to approve to pay the bounty ???? Type agree here ????????
  20. 3 points
    Looks like we can mark this project as finish.
  21. 3 points
    fedde

    Electrum back online

    Aren't we on the "lets make freicoin great again" ????????
  22. 3 points
  23. 3 points
    Rik8119

    Electrum back online

    Indeed! It is possible to install the client on all PCs as far as I know. And I will try to do an android version too.
  24. 3 points
    fedde

    [WORK_IN_PROGRESS] FreiExchange

    Update 10/9-2017 New design added Minor bugfixes Chapta addon Forgotten password reset Minor improvements Working on some more changes the next few weeks. Any bugs, please report on [email protected] so i can add to the worklist.
  25. 3 points
    Skaro

    [Fed&FAB] Official Thread

    10/10 nodes on version 3