1+2. The attempt to promote the coin is indeed pointess when you have close to zero support from any dev. That is why i started WLC which has merge mining included and the association % payout to redistribute the coin is fixed for all times plus it is much easier to keep a currency alive and on an exchange when you can influence its development. FRC sure still has a role to play during the next (even bigger) financial crisis but it has no sustainable redistribution mechanism, what makes the demurrage useless in my eyes.
3. You said it: These are only features, there is nothing completely new no real innovation just pump and dump schemes. Ethereum tried it but just looking at the DAO disaster lets one guess how hard it is to supersede conventional centralized solutions with blockchain.
People are very short minded. The forget to easily how disastrous our money system is. As soon as it shows its evil face again they be back, i promise. To summarize a stock market wisdom: Buy the freaking dip.
Still can't sweep a paper wallet into the *Android FRC Wallet app and I have no way of setting a new FRC wallet on my 64 Bit WIn10 laptop because the new wallet software is 32 bit only.
We just had to use BTC instead of FRC to make a micro loan possible and we just paid off the micro loan in BTC. I would prefer using FRC but that is nearly impossible. There are zero exchanges and only a handful of miners. Sadly I don't know how much more we need to do to get real traction on FRC with users but this issuance seem to be a hollow benchmark when we have a small number of of people actually using FRC. The coins we hold right now are for all intents and purposes worthless.
Well it does seem to me that Freicoin has a few attributes that other slowly dying currencies don't have. Firstly, in many books on crypto currencies it's listed as one of the more innovative and interesting coins because of the demurrage concept. Second, it has a socialist anti-speculator sentiment that is popular these days. Also, because of the demurrage fee and the value of the coin, it seems to me that the fondation has no interest in holding funds either. So There is motivation to move that currency.
Of course one cannot deny there is only one mining pool, 4 regular miners, and most blocks only contain one or two transactions. The transaction comprise mostly the creation of new coins (now recycled) and payments to miners. I'm not sure who the different addresses belong to.
Yes that is correct and the foundation with the tiny community need to address that very issue as has been mentioned many times in many other posts. Problem being with just a handful of miners and only 1 or 2 on the foundation things will not be done in the best interest of 1000's of potential future users. Then again the coin is dead at this point anyhow so I am not sure if any of this really matters if we can't get more users.
1. I was of the opinion that besides demurrage we were going to see new features that would make FRC more interesting to a wider range of users, but nothing has moved forward at all in that respect from Mark and Jorge.
2. We have as a small group in the Freicoin Alliance attempted to get more exchanges (failed because the coin has too few users), set up our own exchange again too few users to make the effort worthwhile, we have also tried to promote the coin in as many places as possible but we have no traction or growth in users no matter the time we have put in.
3. Is there any point working on getting more users if the trend of most Alt-coins is slow death? Only coins that have new features seem to be doing well. The rest of the clones are dead for the most part. Are we just too late to make this coin work?
I did NOT make a run for it - I was FIGHTING FOR MY LIFE!
by Joe » Sun Mar 06, 2016 5:20 am
I have spent the last few years battling sicknesses. In 2015 I was life flighted (helicopter ambulance) due to totaling my car while having a full on grand-mal (tonic-clonic) seizure (I sheered off a 30 foot pine tree, kept going through another 150 yards of cor and another 100 yards through the woods before my car came to a stop) which landed me in the icu intubated and sedated (out cold) for a few days, multiple renal failures and potential kidney transplant has been a problem. In all I have been hospitalized at least three times due to major physical health issues starting at the beginning of the year of 2015 (time of closure of the pool).
There are no miners left, they all died off when the pool died off which was one reason for shutting the pool down. I had a net loss of 10k USD in the year of 2014 (yes, i have almost 10k in loans just from running the pool) and I was unable to afford it as I have almost a quarter of a million dollars in medical bills left that won't be forgiven so I'm now working the rest of my life so I can pay the NON-PROFIT hospital the money they are harassing me about.
There is no money that was not sent out. While the pool was down, the miners were mining on p2pool and your funds were paid out at that time.
By now everyone knows that I did NOT, and I repeat DID NOT have anything to do with the blackarrow issue. The only miners that are around at all failed right around closure.
Yes, there was bad blood between the pools. Don't even consider that there wasn't. There was, and you know what, it needed to stop. It did and we are now ready to move forward as professionals and let go of some stupid thing.
I created electrum for freicoin and you guys gave someone else the bounty for my code that said developer stole (the indents and everythinh are exactly the same as the code i shared with a certain individual). The droid application also was working fine until the difficulty became an issue which caused change addresses to require the 6 confirms for demurrage to take place. I even had demurrage all laid out, but i said screw it because my code was stolen. I will never again be doing any open source code like that.
I even have my own block explorer I was going to release for opensource use literally two weeks after I closed down. I had openbazzar working on freicoin, and my own version of side chains done. I even fixed the damned 144 tap filter down to a modified 36 tap filter based on historical hash-n-dash issues which allowed faster increase and decrease in difficulty. Through simulations of said difficulty filter i was able to simulate a 1 petahash hash-n-dash which resulted in return to normal function 36 hours later at 10 th/s. I did a lot you guys never saw.
I spent almost 2 years of my life working for you guys trying to make ends meet (all the while losing money), and you know where it takes me? It gets me harassed, people are calling my parents calling in death threats (you know who you are). Some of said people are now in jail, and one particular person i won't mention is currently on the run and as soon as they are caught, I'm requesting jail without parole.
I'm not dealing with this absolute bullshit that has gone on. I did the best i could while having unreasonable demands made of me. Not only was I coding my pool, I ran over 200 freicoin nodes. You wonder why its so hard to access the freicoin network right now? Its because all nodes but maybe 50 were MY NODES! I also had 15 p2pool nodes running to try and support maaku's pool and keep it running within specs. I paid maaku out of my own pocket to get stratum mining server working for freicoin so we could get more pools.
I will not apologize for having been sick and almost dying, i will not apologize for NEVER having the black arrows and I will not apologize for antminers failing due to the BAD CONSTRUCTION of the antminers.
I will not apologize for fighting for my life. If anyone wants proof, I've got photos of the totaled car, multiple media outlet postings and otherwise.
In fact, here you go, here's the articles from my accident in august. http://line88design.com/wkoktest/index. ... linsgrove/ http://selinsgrove62.rssing.com/chan-25 ... ml#item139
I have more if you want it, and I have medical reports from earlier but I *WONT* release those.
Now, we have two ways to go here. You guys can all keep harassing me and my aging parents (of which my dad is battling prostate cancer), or we can all stop and maybe i'll open my pool back up. I don't have any of the code guys, so I'm doing this from scratch again and I NEED time to do it. If you can accept the following rules, I will open back up on a trial basis with instant payouts
Preamble:
Please understand that portions of these rules and statements within are due to my health conditions which can lapse without notice.
I AM *NOT* A FREICOIN FOUNDATION MEMBER!
The current block height is 160755. By my calculation that's 3,085 blocks (about 3 weeks) until the initial issuance of 100M freicoins is fully played out. That is also when the coinbase blocks stop including foundation outputs.
Time to organize a celebration?
Skaro reacted to Rik8119 in 3 more weeks until initial issuance is complete
Skaro got a reaction from Fabrizio in 3 more weeks until initial issuance is complete
Skaro got a reaction from Rik8119 in 3 more weeks until initial issuance is complete