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Everything posted by Arcurus
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to the transaction balance: If i look for example on: 16qhfJtrwCvNwRBA9efqAUVoonrPPkD25y The second transaction happened to be 6 month later, so i would expect that the balance at that time is less than 6 month ago, because of the demurrage in this 6 month. d0748d998d... 115223 2015-06-04 06:56:32 247194.9999 232347.57408587 14847.42581413 232347.57408587 FRC 2e1e9b99ca... 137415 2016-01-04 19:23:44 0.02106383 0.02022214
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jitmon informed maaku, lets see what he says.
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the interest is paid for just holding some coins. ¨0,1* extra coins for each 100 coins (36,525 % interest p. year in total not more than 40 coins per day per person)¨ Above (in the beginning) it is written why having interest could be good. If you don't like interest, you could call it also security that must be hold to get the full universal dividend. As summary, why giving interest / requiring a security could be good: - each person has an incentive to hold some Freicoins and therefore the Freicoins are more evenly distributed (the max interest per per
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For me it would be important to reach the following state: at least 80% of the demurrage is redistributed other than mining (or the equal amount of foundation coins) 80% of the demurraged coins is round about 300K per month. per day this is round about 10K With 1000 persons this is 10 coins per day. If we aim for 100 people to have it running this would be 100 coins per day. I think 10 coins per day is a good starting point if we aim for 1000 people. If we have less we can increase it, if we have more we can decrease it. If we want to encourage holding
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If we have 100 people we can remove the coin per day slowly. The goal should be to bring a big part of the demurraged coins back in circulation other than mining. To Bick from nothing comes nothing, somewhere we must start. Therefore i suggested to give some interest on coins limited per person. With that people could start borrowing each other to get the interest. This will also help that the coins are not just dumped. Initially we could use BTCs to give the coins some value. If we do it right, and we can share the vision with the people and give some incentive to hold som
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With 5% coins to distribute we have 5 Mille/12 >= 400.000 coins to distribute each month. If we aim for 100 participants at the beginning for the universal dividend with 10 coins per day we have 30*100 * 10 = 30.000 coins per month. This would be less then 10% of the demurrage. Therefore currently i would not aim for less than 10 coins per day to start with, so that we distribute a significant amount of the demurraged coins per month.
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To use Invitation is just an idea to make sure, that the number of double accounts cannot increase drastically. Maybe it's enough for the beginning to start with phone verification. With the amount of coins: I would prefer to give out the coins on a daily basis. The welcoming coins in my proposal is equal to 100 days.
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Hi rik, i managed to bring .configure to run for 0.9 but got stuck while compiling it. Fedde opened now an issue for that on github: https://github.com/freicoin/freicoin/issues/27 Jorge said that he will look into that, so i guess its best to wait until we get some feedback. For bringing .configure to run, i had to follow the instructions of the build manual for unix and install all the dependencies mentioned at the bottom of the file, like the Database library and the boost framework manually. But now i got stuck during compilation. If you want i can help you on unbun
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3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
can we jump to 14 directly without 0.9? 51 Min.vor 19 MinutenGesendet since 0.9 and 0.10 mostly just need testing,why not? but yeah, teh next rebase we plan to do to 0.13 or 0.14 directly -
3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
libgmp and libmpfr are specific to bitcoin but we want to reuse things from elements in freicoin if te community wants it Diese Nachricht melden Diese Nachricht löschen 4 Std.vor 4 Stunden I want to help with rebasing to 0.14 and moving the foundation. web out of heroku mostly, probably improving it 4 Std.vor 4 Stunden -
yes jitmon said 0.9 is long long time ready to be tested.
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After talking with fedde how important it is to fix p2pool i put it up higher in priority. Who ever wants to lay his hand on that feel very welcome. If needed we can also set a bounty for that. After talking with jitmon: 0.9 is ready to be tested and community is more than welcome to test. If needed we can also set a bounty for testing.
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3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
As said i wasn't able to conpile myself, but freicoin/0.9 is te branch that needs testing in the bitcoin repo 2 Std.vor 2 Stunden yeah, i forgot we still need to mobe fron 10 to 100% matching... that's important 2 Std.vor 2 Stunden rewarding distributing demurrage in other way than as aubsidy to miners, would be nice, repub -
3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
i posted the conversion also in the alliance forum, so that others can read it 16 Min.Gesendet in the longer run many in the community would want to have that some part of the demurrage is distributed to projects. The easiest way to implement it would be to make it like the current foundation. Like 20% to miners and 80% for projects. This part would be great to have distributed regularly through community vote. To start with the voting must not be done at the blockc -
3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
I managed to reach jitmon on twitter: for the giveaway, I would prefer that is done through the donation matching program, just another project with 100% matching or something, but that's my opinion 1 Std.vor 18 Minuten rewarding rebases, absolutely, I'm already doing some preparations for 0.14 and 0.13, but mark did a rebase to 0.9 and that's has not been tested or reviwed yet -
3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
To get started here a simple solution: 100 coins if you signup with email and have an invitation 1000 coins if you sign up and verify with handy (no invitation required) 1 coin per day for email sign ups 10 coins per day for handy signups. Invitations we give out. -
To get started here a simple solution: 100 coins if you signup with email and have an invitation 1000 coins if you sign up and verify with handy (no invitation required) 1 coin per day for email sign ups 10 coins per day for handy signups. Invitations we give out.
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3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
i guess we are not there yet... What we could do is, we could give out freicoins if you post a receipt buying / donating something with bitcoin / freicoin. -
3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
we could start with that... -
3 more weeks until initial issuance is complete
Arcurus replied to Mark Friedenbach's topic in Freicoin Discussion
but i can and i did