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Everything posted by Arcurus

  1. having an own mining alg sounds good, because in the long run if there are Freicoin specific asics, they would have an incentive to stay helpful to the coin. It could be even a good idea to have both algs running on the same time, therefore we should think about never fully abandon SHA256. Having it asics resistant is no need, i think its good to have ascis mining the coin, otherwise again lot of general purpose mining power can switch to mine the coin and also botnets can mine the coin.... To miner centralisation, i think a mining alg change will not solve that long. Centraliza
  2. the plan was to have something like a decentralized foundation.
  3. as said, it could look confusing what the newest version is, if someone oversees the -
  4. yes i understand the numbering now, just for clarity i would suggest to write: “v0.8.6.0-2” instead of “v0.8.6-2” in this case v0.8.6.1-4 would not look lower if you oversee the - then “v0.8.6.0-2”
  5. ah, in this case better name v0.8.6.0-2 by the way, do you plan to switch to the new bitcoin version?
  6. nice. Maybe it would be good to list by default only outgoing foundation transactions.
  7. Just one question, wasnt the old Freicoin client version 8.6.2 already?
  8. i wish too... still in the long run it would be good to bring also further properties into a freieconomy. Silvio Gesell vision was not just having a demurrage. There was also land property and so on.
  9. yes, i agree, that in an system with price inflation people have to argue for higher salaries to get more or less the same while a stable currency or a demurrage based currency prices may stay more stable, therefore employees don't need to argue to get inflation increase of their salary. To the other part, lower wages must not lead necessarily to less productivity, or higher prices, most likely its the other way round, lower wages would lead to more employment, because less cost and lower prices, because less money too spend (not counting the money inflation itself). What an UBI woul
  10. Hi Mark, thank you for your answer! Just for my understanding. what is the difference between self-organized byzantine fault tolerant consensus algorithms and for example stellars federated Byzantine agreement (FBA)? Another question is, is there a need to have a perfect system from the beginning, or could we start with something good enough to work, and later evolve it further if we have more resources? For me it looks like dashs, stellars and ripples consensus system is good enough working to distribute and transfer tons of money proofing with each day since years now.
  11. Hi Rik, to inflation vs demurrage and the above article. What is currently happening / not happening in the system like wage increases cannot be compared to a system which distributes the newly generated money directly to the people. I'm not so much talking about basic income, im talking about fair access to money. Currently the newly generated fiat money accumulates with few people because it is generated by giving out loans and by directly buying stocks and properties. But simply giving out new loans does not increase the need for new products, because the money go
  12. By the way Bick, we have allready a Manna forum since long time here, the name is just outdated (Manna was formerly Grantcoin)
  13. i guess manna will reach this year already 100.000 people if they manage to scale up to the demand. Only thing i worry about is, that they have a similar problem like we have with with the Freicoin Foundation. Currently their Foundation holds a big part of the available manna (true market cap must be so 100 million already). Also the current manna wallets are on a centralized server. both could be hacked.... Of course with one exchange currently its easy to make the hack undone, but would destroy some trust...
  14. Fedde said he wants to add Manna... I like manna very very much. Currently They are the leading basic income currency. I hope that Fedde will add Manna soon, i think Manna is very promising, except we finally manage to start our basic income project Manna currently has only one exchange, if we add Manna now we could make freiexchange to the most liquid manna exchange! All the good, Martin P.s.: Im in contact with some of them, and they seem to be very nice and welcoming! Disclaimer, im for sure invested currently in Manna
  15. Freirepublic could be really what makes Freicoin different to other coins. I would do it for example like this: Implement Freirepublic in a second layer like for example dash does it. Second layer could look like this: A part of the block reward + fees lets say 80% is distributed according to the votes. (can be phased in starting by 20%) To vote the demurraged coins are used. You can vote pro and con for a project. Each month the X top voted projects receive coins relative to the amount of votes (pro-con) they received. Enforcement c
  16. Hi all, I was thinking the hole night about what would be the easiest way to secure the network. What you think about the following: If there is no known chain split a block with 6 confirms is considered as final / not reversible. All colliding block will be rejected by the node (soft fork). Further it could be advanced like that: There is no difficulty target anymore that a block must reach. instead the longest chain is the chain with the most work (not blocks like now). A node propagates only a block if number of blocks is smaller or equ
  17. thx for your work! I have some questions to the implementation of demurrage in Freicoin: Is there still a need to have a refheight in the Freicoin transaction if so why? Is the demurrage calculated on the uxto set, or on the transactions itself? If on the transaction itself is then pruning of old transactions possible in Freicoin?
  18. maybe because its far tooo big? Better use some wallet that dont need to download the full chain.
  19. Hello Rik, just read that you want to use proof of stake to secure the chain. I made also some research into that and would be glad to share my research with you. If you want to have more stable blocktimes there are also other more simple solutions for that: TargetDifficuly = (TargetBlocktime / TimeSinceLastBlock) * Difficulty This could be implemented as soft fork. By default the Difficulty should be 1/2 of the normal difficulty. For example a block that is created 5 minutes after the last block would need two times the difficulty then a block created after 10
  20. some feedback to the new website: I would focus on the first page on the registration to the universal dividend. Just look at google, keep it simple and focus on the most important. What we want is sign ups! I would also add a counter on the signed up people, thats what we want to increase I would also describe the basic data, like coins in circulation, coins given out in UD last month, UD per month.
  21. would be nice to have the universal dividend paid out more frequently like one a day.
  22. the bot is great, got my first universal dividend :). Is it possible to send coins to a facebook name? Would also be nice to send coins to new people to invite them.
  23. Hi Rik, I would use a system of verificators. For example coin holders elect through donating coins some sentries. These sentries can assign or unassign caretakers (verificators). To be verified one need two verifications from two caretakers (verificators). (4 eye Principe) The verification could be done in person / on verification parties, or through video chat. The process of verification could also be used to introduce the newcomers to solidar. After 5 years the verification must be redone (for this time period it is also paid to dead people). Each
  24. Hello Rik, I really like your Solidar experiment, im really little bit sad, that still with Freicoin we seem to be currently stuck, but maybe you are open with Solidar for some experiments. Until now Solidar as far as in understand it goes to miners and as universal dividend. Here are some suggestions how we could make Solidar more attractive with using some part of the block reward: 1.Give incentives for invitations: For example Grantcoin gives incentives of one year universal dividend per invite 2.Give incentives for holding some coins. For example up to 10 ex
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