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Freicoin Alliance
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Posts posted by Bicknellski

  1. 17 hours ago, Arcurus said:

    the plan was to have something like a decentralized foundation.

    There are actually many proposals that were made about how a model for a decentralized distribution network could be created. Here are some thoughts on it.

    1. Most everyone owns a cell phone on this planet or could be given one so distribution could be effective if phones were used in distribution.
    2. The energy costs of mining / maintaining the blockchain are an environmental problem that needs to be addressed in so far as it is unsustainable based on electrical use particularly with Bitcoin (Freicoin). There needs to be a solution to this fundamental problem.
    3. Mechanisms for distribution that limit fraud or abuse must be resolved before any implementation can move forward.

  2. On 11/11/2017 at 2:16 PM, fedde said:

    Hi all

    We have added ANC/BTC to the trading - Welcome

    New coins can request to be added on https://freiexchange.com/pages/coin_request 

    Api has been updated with abit more info on each trade pair.

    We continue development to extend the exchange with more functionality over the next few weeks. More of this later.

    Manna coin? https://www.mannabase.com/



    Sent it in.

  3. I think demurrage is the best way to fund / distribute UBI because it can be decentralized efficiently unlike other systems that require more effort and planning.

    I wish FRC did exactly that. Maybe the simple solution would be everyone who has a wallet / uses the coin gets UBI a capped or set UBI based on what is available from demurrage. Of course some has to go for transactions / miners but a UBI for users of the Kria makes sense to me.

    The 80% the foundation holds should also be a UBI if you ask me. But hey that is complicated now given the tax issues.

  4. Zexy site! 


    Donate: BTC 16BghZgtoh9hmifLskv1Jtec46abQZ1Kp , FRC 1KQ4z7mRxLPhPAzcZTnUPCPHLC67B8h2Hr

    Dr. Reza Erfani, P Eng.

    Dr. Erfani is a professional engineer with 11 years experience in design and management of heavy civil engineering works as well as a specialist in applied statistics. Primarily from his PhD work, Dr. Erfani has  expertise in advanced probabilistic modelling: cluster analysis, multivariate statistics, Monte-Carlo simulations, reliability analysis, and extreme value estimation.

    Dr. Erfani founded Stats-Tec to continue his passion of studying the world through modelling and analytics. He has also contributed to the crypto-currency community and won the Freicoin Alliance Bounty for implementing the demurrage fee in a Freicoin block explorer. With an analytical mind, a strong background in computers and mathematics, and years of professional engineering experience, Dr. Erfani can deliver innovative technical projects on time and on budget.

    "The beauty of statistics is in elucidating underlying phenomena"

    Stats-Tec provides services in:

    • blockchain analysis
    • engineering
    • climatolog
  5. On 1/17/2018 at 1:08 AM, Rik8119 said:

    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..

    I think this is something that can be an Freicoin Alliance bounty if required.

  6. On 10/18/2017 at 2:48 PM, Rik8119 said:

    i don't know how much money is needed but if it still takes month to plan the WINC association offers an unconditional income via the facebook messenger m.me/Solidar.Winc. ;-)

    We would love to use WNC input on this. I will be taking some time with students probably until March 2018 to plan this out. I'm looking at getting a small box truck to hold all the equipment so this could be a rolling Precious Plastic workspace so we can go to other communities and schools to do recycling.



  7. https://preciousplastic.com

    Project Idea:

    We are looking at getting a loan / donations to start a precious plastic workspace run by our older students and supported by a local community near our school. I am posting here to give notice to everyone about our intentions to do this in 2017 / 2018. We will try and release a more detailed plan with stakeholders in the community over the coming months. 



    I will start with our high school students to budget out a location (rent) machines (purchase). The idea would be to help start a community recycling center that is run by a local community team with the help of our students and school. Ideally the operation would then be self sufficient and the money generated from upcycled materials would be used to pay off our loans and cover the costs of operation and salary for a few full time people in the community. 



  8. Gobsmacked. You really buried the lead for the most interesting possible updates. 


     one which is not ASIC resistant (that's a unicorn that doesn't exist), but rather tries to minimize the performance gap between high-end general compute ad specialized hardware. Cuckoo Cycle is an example of one such PoW algorithm. In any case, I'll post my thoughts regarding this in another thread.

    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. Everyone has a phone. Everyone. 

    I always hoped to see something where POW mining was on every hand-phone on the planet and it was not a massive warehouse requiring coal fired plants being fired up in Inner Mongolia securing the network. I will be following that thread closely and I hope there is a potential to bring mining back to the small scale really individuals rather than a collective entity with massive resources. I will read up on the link you posted. 


    Cuckoo Cycle aims to be an “egalitarian” proof-of-work, that is, to minimize performance-per-dollar differences across hardware architectures, and make mining—the process of looking for proofs—on commodity hardware cost-effective. This is to be achieved by making main memory latency a bottleneck, since DRAM latencies have remained relatively stable while cpu-speed and memory bandwidth vary highly across hardware architecture and process technology. Our aim of a memory bound PoW translates to the following desirable properties:

    MB1 a target memory footprint that exceeds a single memory chip

    MB2 a pattern of necessarily random memory accesses

    MB3 minimal computation per random memory access 

    MB4 no feasible trade-off of memory for time

    "What if I told you, you could be mining with your phone" meme.


    When even phones charging overnight can mine without orders of magnitude loss in efficiency, not with a mindset of profitability but of playing the lottery, the mining hardware landscape will see vast expansion, benefiting adoption as well as decentralization.

  9. Okay glad to get some important background on why the foundation needs to go bye bye. Thanks for sharing the road forward I am looking forward to the changes and further discussions as to pegging and moving old chain to new chain idea. 

    I think a grand display of the destruction and the plan moving forward should be posted. Do a live stream ending the foundation coins perhaps?

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