FTC's future
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I tried to mine Neoscrypt I can not afford to mine Neoscrypt myself even with hardware that is fully owned with not that high electricity rates. I feel personally like Neoscrypt was put in then abandoned with little done to improve it. Can we not try to improve Neoscrypt and make it better for graphics cards or take Feathercoin back to Scrypt. - I am not a coder just someone looking in I may be wrong because I do not have the experience yet to know enough on this field.
How am I supposed to improve it? It delivers more than Scrypt for GPUs and CPUs. The issue of low or negative profits is a different story.
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It does not need improving. The miner improvements for sha256 and scrypt were both driven by increasing prices driving adoption and a real market was creates. FTC prices are low meaning investment or time or money in miner optimisation. But then it took a lot longer than a few months to get that train moving.
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Also regardless of it’s efficiency regarding GPU performance, increasing that would not increase the income of a miner, as all miners would profit form the better efficiency and the percentage of blocks found would remain the same.
It’s fine as it is, just the mining software may need some optimisation, especially for NVidia cards, but that’s another topic and should not be discussed in this thread.
Changing the hash algorithm again is no option, as it would not improve anything
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I joined Feathercoin to learn about mining our own coin. That has been incredibly successful, in particular the open source community. The software changes, testing and network monitoring have been a lot of work, but we got through to the calm waters of neoscrypt with a successful network.
I don’t think many people realise, the reduction in hash rate is due the massive increase in security of neoscrypt over scrypt or sha256.
I am very proud of every one who has contributed, and the exciting technical developments we are easily capable of, even without the extra members we still get on-board. We still need to strive to be Independent, decentralized, open source.
Feathercoin is nearly 2 years old, which is a significant achievement. Any similar business would only be breaking even at that stage! Actually, I think it is amazing.
I have started a lot of relevant seed projects in technical development, but revamping the look of the forum has been good, it would be great some more artistic touches to the coin.
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Lost? Have you checked down the back of your sofa?
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And like any other “artist” he’s broke (lost 7 BTC)…so he ragequit from all the crypto stuff ;D
I’ve lost more than 7 BTC on FTC and PXC alone, but it doesn’t make me to quit in rage. In a matter of fact, you lose only when you stop loss on something going down or write off a hopeless totally investment. The opera ain’t over till the fat lady sings :)
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Well said ghost :)
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And like any other “artist” he’s broke (lost 7 BTC)…so he ragequit from all the crypto stuff ;D
Well the reasons for why I entered crypto is still the same:
Fiat = complete scam - checkCrypto = distributed consensus network, anotherwords sound money (besides lot of other application) - check
Besides that FTC is awesome! FTC FTW!
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I’ve lost more than 7 BTC on FTC and PXC alone, but it doesn’t make me to quit in rage. In a matter of fact, you lose only when you stop loss on something going down or write off a hopeless totally investment. The opera ain’t over till the fat lady sings :)
I have set up 100K Club ever, any action alone is suicide. This is the test of all. do your own thing and damn what people say.
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well i am atleast glad people are talking in terms of lost btc rather then lost fiat :)
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So are there any future plans for FTC that the developers can tell us about. Its all gone very quiet here and this is quite worrying for us mere followers/supporters.
What happened to the new website? Is that still in the pipeline? Also there was talk about reintroducing the newsletter, even a monthly or bi-monthly letter would be a good idea in order to keep everyone in the loop.
Is this stuff a secret or is it just not happening. Communication is key!
Regards.
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New website is still happening. :) Newsletter needs to happen, could really use some bodies behind it. Feel free to nominate. ;)
On the dev front, Lizhi has developed Core, ported from Bitcoin’s Core rather than Litecoin. Multisig, Shapeshift integration and Stealth Addresses. They are available to play with in his version of the wallet now and will be released as an official wallet once the Dev team are finished testing.
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Im all for the newsletter. It shouldnt be difficult if youre running a CMS platform like I think you are. You just need content. Some of which for the last newsletter is already here and formatted.
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Currently the market cap of FTC is 667 BTC And I expect if it go below 100 BTC This coin will be de-list in Cryptsy. And then Game over.
Don’t know will this happen.
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Currently the market cap of FTC is 667 BTC And I expect if it go below 100 BTC This coin will be de-list in Cryptsy. And then Game over.
Don’t know will this happen.
I am not worried about that scenario.
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I doubt delisting from cryptsy would be an end to anything nowadays, if I was to personally to start a real cryptocurrency it’d be the last place I’d want it listed.
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I’m still here.
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You are FTC’s future Mr wyrm :)
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We need more than me :)
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MrWyrm, Is there a reason why the connection of the Block Explorer (http://explorer.feathercoin.com/) of the official website does not work? You could replace it temporarily with a Block Explorer currently working (https://bchain.info/FTC/) When people see into the official web site that the Block Explorer does not work, think of a dead coin.
:)
