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Rik8119

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  1. Like
    Rik8119 reacted to Mark Friedenbach in New release: v0.8.6.2-5   
    Yup, pushed the code for the next release: v0.9.5.0-6. Everything seems good on my end.. just wanted to pull the release notes together for an official announcement. It's usable if you want to upgrade though. In fact, I'd highly recommend it as it comes with significant security updates.
    I've updated the download links on the main website for the gitian-built binaries. Also in the good news: macOS builds are back.
  2. Upvote
    Rik8119 reacted to Skaro in New release: v0.8.6.2-5   
    I see a lot of action going on the GitHub site! wow. cool. Thank you for your efforts.
  3. Upvote
    Rik8119 reacted to magius in Solidar E-Commerce Marketplace   
    About starting a server with a SOLIDAR FULL NODE, may be could be useful this guide on how to setup a low cost full node for the starting and testing phase of the Marketplace. If all will work, when some funds will come from vendors, it will be possible to upgrade to a more hardening solution.
     
  4. Like
    Rik8119 got a reaction from Bicknellski in MANNA?   
    IMHO the question is who decides what to support. I think this could be done best and most transparent by local governments. The idea that lives in my mind is to split the payment 50/50 between UBI for people and "UBI for communities" (Amount of people define the payout amount). This way the acceptance of the currency can be maximized. We are competing with the USD directly, so we need all the support we can get.
    @Bicknellski, there is a very easy way to reduce energy consumption for mining to a sustainable level: Reduce profitability by splitting mining reward like it was with Freidoin and is still with Solidar. Other things that could be done is POS or a mix. Or some alternative like circles or circarda are trying. Although the most convenient  i heard of is the split payment. Problem here: its not decentralized. But there are many ideas - like identifying people decentralized. Although it will took some time for one of these alternatives to prove itself, we will adopt as soon as there is a well-tried solution.
  5. Like
    Rik8119 reacted to Darius1 in Working DNS Seeder   
    @ fedde thank you for your hard work with freicoin over the years.
  6. Like
    Rik8119 got a reaction from Arcurus in MANNA?   
    IMHO the question is who decides what to support. I think this could be done best and most transparent by local governments. The idea that lives in my mind is to split the payment 50/50 between UBI for people and "UBI for communities" (Amount of people define the payout amount). This way the acceptance of the currency can be maximized. We are competing with the USD directly, so we need all the support we can get.
    @Bicknellski, there is a very easy way to reduce energy consumption for mining to a sustainable level: Reduce profitability by splitting mining reward like it was with Freidoin and is still with Solidar. Other things that could be done is POS or a mix. Or some alternative like circles or circarda are trying. Although the most convenient  i heard of is the split payment. Problem here: its not decentralized. But there are many ideas - like identifying people decentralized. Although it will took some time for one of these alternatives to prove itself, we will adopt as soon as there is a well-tried solution.
  7. Like
    Rik8119 got a reaction from muf18 in [FreiExchange] - News and Updates   
    New Version (MANNA, SKR, XCN, HUM included now).
    Somehow i can't add files anymore, Fedde do you know why?
    File can be downloaded here:
    https://drive.google.com/open?id=1JyPE5b2KnrZ7qHZainBkYV7LkFYUug5w
  8. Upvote
    Rik8119 got a reaction from Bicknellski in Coin supply   
    Its been a while since my last post. There are now 225 registered users..
  9. Upvote
    Rik8119 got a reaction from Bicknellski in [FreiExchange] - News and Updates   
    I can put a small text as standard to push add to add currency pairs..;-)
  10. Upvote
    Rik8119 got a reaction from Skaro in Coin supply   
    Its been a while since my last post. There are now 225 registered users..
  11. Like
    Rik8119 got a reaction from Bicknellski in The sybil attacks!   
    Great news! I am active in the Humaniq telegram group and they are working on the authentication of people via an android/ios app. They will use the front camera to track emotions that you have to perform when asked. With this system it is possible to identify persons without having any additional information.
    To prevent that somebody use two accounts to receive two basic income. The identification data could be saved and compared when a new account is verified.
    Although the Humaniq app doesn't support a functionality like that, the technology is not far from roll out. Plus they will have an api for other platforms/merchants to interact.
    This could be a great leap forward i think.. I will stay on it and report.
    Rik
  12. Like
    Rik8119 reacted to Mark Friedenbach in New release: v0.8.6.2-5   
    Update: Release v0.8.6.2-5 has been posted to the freicoin website. This is a maintenance-only release that has no new features. Rather, it only takes the final step of stripping out the dependency on GNU MP and MPFR entirely, such that they are no longer needed even as build-time requirements.
    Notes for v0.8.6.1-4: There’s been a new release posted to the official freicoin website: v0.8.6.1-4. This release introduces the new integer-math-only demurrage calculation code as a soft-fork change to the consensus rules — the approximations in the integer math can make the result differ from the previous multi-precision floating point implementation by as much as 1 kria per input, although this error is biased in the direction that makes it soft-fork compatible with the old code. It does mean however that after activation any non-upgraded wallet code creating zero-fee transactions under the old rules is likely to create an invalid transaction. So upgrading (or paying fee) is mandatory!
    This new release includes activation logic to switch over to this new integer math code path in the consensus rules once there is supermajority support by the miners, OR at block height 229376, which is about 6 weeks away. Please be sure to upgrade by then!
    You can download official freicoin binaries and source code here:
    http://freico.in/download/
  13. Like
    Rik8119 got a reaction from Bicknellski in [FreiExchange] - News and Updates   
    New Version (MANNA, SKR, XCN, HUM included now).
    Somehow i can't add files anymore, Fedde do you know why?
    File can be downloaded here:
    https://drive.google.com/open?id=1JyPE5b2KnrZ7qHZainBkYV7LkFYUug5w
  14. Like
    Rik8119 reacted to fedde in [FreiExchange] - News and Updates   
    I spoke with the Manna coin guys a while ago, will check back on the contact to see if we can get it listed.
  15. Like
    Rik8119 reacted to Bicknellski in [FreiExchange] - News and Updates   
    Testing it... needs a few more buttons to make it easier to understand and use.
  16. Like
    Rik8119 got a reaction from Bicknellski in [FreiExchange] - News and Updates   
    Hi everybody,
    i made a small app where you can check the prices of the different coins.
    Sourcecode is not online yet. But i will post as soon as possible.
    Rik
     
    FXchecker[1].apk
  17. Like
    Rik8119 got a reaction from Bicknellski in MANNA?   
    Thank you very much for your reply,
    i also see the effects you describe but i'm really not sure if adding a basicincome (or QE4people) -like many suggest- can do the trick alone. Because if it does i really could save my time and stop working on Solidar and Freicoin,  because Manna and Circles are much more popular.
    My observation regarding inflation is that most  people don't want to argue with their employer about a higher wage only on the basis of inflation (because especially in our fiat money system its hard to measure), so demurrage (stable prices) makes it much much harder for the employer to push wages down without reason and make the discussion fairer. Most people want to work and with a basicincome (+inflation) people will work for less. Im afraid that this inner need could and will be abused and will lead in the end to lower wages and less productivity and therefore higher prices and lower buying power of the ubi. People will than demand a higher ubi what will only cause more inflation and make payed work even less attractive. In my eyes its a downward spiral leading to the opposite what ubi is naturally for. Giving a basic income to those that our money system abuse.
    I like really to make things as simple as possible but i still believe that ubi alone is not enough to make it work.
    Do you understand my point about inflation?
    Rik
  18. Like
    Rik8119 got a reaction from Bicknellski in MANNA?   
    As you can see here: https://www.marketwatch.com/story/turns-out-the-great-inflation-scare-of-2018-didnt-happen-wages-still-not-rising-rapidly-2018-03-09
    Inflation does not lead to higher wages. That means the prices rises but wages don't. The incentive to work will be even lower than in our fiat money system. Manna and circles will both create <1% super rich (early adopters) and a very small middle class, that will work for the rich. And the rest will live on basicincome. What will only be sufficient enough to provide the basic needs. The "dirty" and hard work would be done by those that have the intrinsic wish to help but this additional work won't be paid.
    To me such a system is not fair because those that have no inner need to clean and to repair things will profit from those that have. A society would be created like a big cooperation, where you can be as good as you like but receive no higher wage. Its ok but it still prevent innovation from happening because there is no reward to those that innovate.
    So Manna and Circles are easy to understand but without demurrage they are not sustainable long term imho.
    What does anybody else think? Rik.
  19. Like
    Rik8119 got a reaction from Bicknellski in MANNA?   
    Yes, they have a nice concept. But as i mentioned i am not convinced that it is adorable, since they use inflationary money with some of the same problems we have in our modern money system.
    Inflation still justify interest what will still concentrate money. Though it is a little harder to concentrate money (the decades until the total collapse (like in the 1920s and nowadays) could increase. The problem will stay the same. Inflation will create ever growing prices and makes it impossible to track if a product is costing more than the UBI inflation or not. That alone makes it easy to manipulate and concentrate money within the hands of the few.
    But hey people understand inflation, they do not understand demurrage, so maybe we need another generation of war and suffering to get from inflation to demurrage.
  20. Upvote
    Rik8119 got a reaction from fedde in [FreiExchange] - News and Updates   
    Hi everybody,
    i made a small app where you can check the prices of the different coins.
    Sourcecode is not online yet. But i will post as soon as possible.
    Rik
     
    FXchecker[1].apk
  21. Upvote
    Rik8119 reacted to Arcurus in MANNA?   
    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 goes only to few, therefore does not increase product prices or product demand (except stocks and property prices), therefore does not increase salaries.
    It even reduces the product prices, because currently there is low interest on loans, therefore the cost of a product which comes from interest costs (currently around about 1/3), reduces, therefore we don't see much rising prices even with the money supply drastically increased.
    This is the current system, another system would be if the newly generated money goes directly to the people.
    In this case the purchasing power of the people will increase, therefore the prices will increase or more products will be asked for, therefore companies will be required to hire more people (except the automation is too much influencing already) therefore the wages will increase.
    This would be totally another system compared to the system described above.
    Yes in this system there will be an inflation in the long run, but if the interest is near the inflation plus a certain risk for not getting the credit back, then this system could function for eternity, because money would not accumulate that much (not considering other tendencies that lead to money accumulation like property / stock income, thats another story that must be solved in a fair system).
    The question is now, what is the benefit from a demurrage, vs inflation, vs fully price stable currency.
     
    Demurrage would in the long run keep the product prices more stable, while an inflation based currency will increase the name value of the products slowly according to the inflation.
    Therefore demurrage based money would be a slightly better unit of account, but this accounting effect could also be easily calculated in if you do accounting.
    Using paper money in an demurrage based system could be tricky.
    Another difference of demurrage money would be that salaries would not be by default inflated, therefore employees would not need to bargain to increase their wages each year to have the same after inflation.
    Inflation based money would once in a while have to get rid of some zeros, while demurrage based money could have the need to add some zeros if the production grows.
     
    I think the most fair system would be if the inflation is equal to the production / economy growth, in this case there would not be an price inflation at all.
    Newly generated money should go directly to the people so that they have fair access to money and directly as zero interest loans to small / medium enterprises, and to buy properties (see below).
    In case of an price increase the money from the loan payback could be used to reduce the money supply and therefore guarantee a stable money / unit of account with aimed 0% inflation or deflation.
     
    In this system, money itself would not accumulate through interest. Of course accumulation of money / property through stocks and properties must be still fixed to have a fair system.
    This could be implemented gradually through using newly generated money for buying up property and stocks. This property and stocks can then be rented out for X% with X guaranteeing that all people have fair access to property.
     
    All other taxes, except for environmental / guiding taxes like on chemicals, drugs, advertisements, harming products could be abolished step by step.
    The system itself would be self balancing, so no need for inheritance taxes or income taxes.
    Thats it, hope not too long
  22. Like
    Rik8119 reacted to magius in Solidar E-Commerce Marketplace   
    I open this topic for updates about the project.
    The initial idea discussed between me, @Rik8119 and @fedde was to create a Multivendor Marketplace using an ecommerce platform (the one chosed by Fredrik Bodin was Opencart), in which goods and services' payment will be possible using two currencies both, a fiat currency and solidar. This will be possible implementing a modified split payment plugin. Ordinary split payment plugins give a way to pay with cash and cards both and was used first on offline POS. The modified split payment plugin will give a way to pay some partly in a fiat currency (euro, dollar, etc) and partly in solidar. In that way we think we could spread the adoption of solidar, because lots of phisical goods have a fiat currency production/distribution chain behind, so is needed to give vendors partly fiat currencies. When chains will be closed with solidar, the percentuage of solidar will increase.  
     
  23. Upvote
    Rik8119 got a reaction from Skaro in Development update   
    Looking into the Freicoin-Qt means that the deamon has to be finished first. I dont see this happen in the near or mid future. But when it comes to the point that it needs to be tested/bugfixed i sure can throw some time at it..
  24. Like
    Rik8119 got a reaction from Bicknellski in Development update   
    Looking into the Freicoin-Qt means that the deamon has to be finished first. I dont see this happen in the near or mid future. But when it comes to the point that it needs to be tested/bugfixed i sure can throw some time at it..
  25. Like
    Rik8119 reacted to Bicknellski in Development update   
    Freicoin-Qt going forward Anyone... anyone... BUHLER BUHLER?


    So is anyone looking at taking on the Frecoin-Qt? 
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