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    Official FTC Newsletter 36

    News and Announcements
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    • Wellenreiter
      Wellenreiter Moderators @wrapper last edited by

      @wrapper said:

      I ended up with about 6 Gridseeds and a Zeus, used only on scrypt, my friends/son had 5 also, so not many. I’m only a hobbiest miner, into the distributed aspects, not a farm. But a lot quieter and efficient than the GPUs

      I use NVidia GPUs and cudaminer. These are more cost efficient than the AMD ones. I get ~ 120 khash at 29 W on my GPU with Neoscrypt…

      Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
      Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

      1 Reply Last reply Reply Quote 0
      • kelsey
        kelsey @mirrax last edited by

        @mirrax said:

        @kelsey So how much you invested in Scrypt ASIC? I bet a lot…
        well you’d lose that bet.

        what someone says about some else says more about that themselves then the person they are making assumptions about.

        i on the other hand never do anything in crypto for personal gain, never made any fiat out of it ever. i’ve never invested in any crypto mining equipment of any kind, (most i’ve ever done in token mining on an old laptop (experimental type)).

        M 1 Reply Last reply Reply Quote 0
        • kelsey
          kelsey @wrapper last edited by

          @wrapper said:

          If Scrypt was better than Sha256 (requires more memory and uses more than one “encryption / hash”) then Neoscrypt is also better than Scrypt. That is the reason behind that, security by additional steps.

          so you’d say that feathercoin is more secure then lets say litecoin, and bitcoin? hardly can be more secure if it sends the miners away? no?

          1 Reply Last reply Reply Quote -1
          • kelsey
            kelsey @ghostlander last edited by

            @ghostlander said:

            @kelsey What do you suggest? To lay down and die? Switching back to Scrypt would be a sure disaster. It’s ASIC dominated and LTC has nothing interesting to offer. Just a quick BTC clone, though old and well known.

            so where heading down the same ignorant path as you guys did last time i raise this opinion?

            if you seriously think thats all litecoin is then you are lost mate and don’t have a clue at why litecoin is a huge success comparative to feathercoin.

            but again i feed you guys the truth over and over and i’ll just be attacked, so yeah not about to waste my time unless you guys are actually open to save the basket case of a coin?

            1 Reply Last reply Reply Quote -1
            • wrapper
              wrapper Moderators last edited by wrapper

              Excuse me Mate, who are us guys?

              Calling people ignorant is not an argument.

              I’ve already told you the reasons I was against the move to Neoscrypt but 51% of the community voted with their feet and allowed it to happen. Even so I have kept miner going, updated an sgminer guide and helped stop spam on the forum, exactly to increase the distributed mining.

              The members that were for Neoscrypt( except Ghost) have mostly left us to pick up the pieces.

              But most of the members left here did loads of work for FTC, and or pay for services, how are they culpable?

              Unfortunately, I think you will find the open source evolutionary system does look “basket case” to those that don’t understand it. Also railing against fellow contributors is not effective method of development.

              1 Reply Last reply Reply Quote 1
              • M
                mirrax @kelsey last edited by

                @kelsey OH look at that, we have guy who NEVER REALLY MINED, yet he criticize our mining algorithm. Funny. From now on I take your mentions about Neoscrypt as noise.

                kelsey 1 Reply Last reply Reply Quote 0
                • wrapper
                  wrapper Moderators last edited by

                  This post is deleted!
                  1 Reply Last reply Reply Quote 0
                  • lizhi
                    lizhi last edited by

                    I hope to finished 11.1 February, then greatly popularize block 3

                    1 Reply Last reply Reply Quote 0
                    • AcidD
                      AcidD Moderators last edited by

                      As a Miner I cant wait to try this out! Great news! The NeoScrypt Algo Rocks!

                      Cryptsy…I think deep down, most people knew this day would come, it’s not exactly the most professional exchange out there…in Dec I converted all my BTC and LTC from Cryptsy to FTC and withdrew to cold storage…best decision I made since I come back from holiday and Crypsty is more trouble than when I left.

                      • FTC Block Explorer + API @ https://fsight.chain.tips
                      • FTC Beer Money: 6x4LEQV88zRnBvZoH6ZNK6SeRxx4KiTyJs
                      • FTC bech32 address: fc1q4tclm3cv4v86ez6el76ewmharexfapxhek5a03
                      • BTC bech32 address: bc1qk8umuccapuafspk9e5szahvp0detafuzugv4ay

                      1 Reply Last reply Reply Quote 1
                      • kelsey
                        kelsey @mirrax last edited by kelsey

                        @mirrax said:

                        @kelsey OH look at that, we have guy who NEVER REALLY MINED, yet he criticize our mining algorithm. Funny. From now on I take your mentions about Neoscrypt as noise.

                        thats like saying someone who doesn’t eat much can’t be a chef or have any opinion on cooking.

                        M ghostlander 2 Replies Last reply Reply Quote 2
                        • M
                          mirrax @kelsey last edited by

                          @kelsey Neoscrypt is here and there is nothing you can do about it. So why still digging in this. Besides once we go POS which I hope will eventually happen this discussion will be completely unnecessary.

                          kelsey 1 Reply Last reply Reply Quote 1
                          • ghostlander
                            ghostlander Regular Member @kelsey last edited by

                            @kelsey I see you suggest nothing actually. There is no use to cry over spilt milk.

                            kelsey 1 Reply Last reply Reply Quote 3
                            • kelsey
                              kelsey @ghostlander last edited by

                              @ghostlander said:

                              @kelsey I see you suggest nothing actually. There is no use to cry over spilt milk.

                              seeing how i haven’t even presented my ideas yet.

                              AcidD 1 Reply Last reply Reply Quote 0
                              • AcidD
                                AcidD Moderators @kelsey last edited by

                                @kelsey said:

                                @ghostlander said:

                                @kelsey I see you suggest nothing actually. There is no use to cry over spilt milk.

                                seeing how i haven’t even presented my ideas yet.

                                Ok, all this commotion has gotten me curious…what are your ideas ?

                                • FTC Block Explorer + API @ https://fsight.chain.tips
                                • FTC Beer Money: 6x4LEQV88zRnBvZoH6ZNK6SeRxx4KiTyJs
                                • FTC bech32 address: fc1q4tclm3cv4v86ez6el76ewmharexfapxhek5a03
                                • BTC bech32 address: bc1qk8umuccapuafspk9e5szahvp0detafuzugv4ay

                                1 Reply Last reply Reply Quote 1
                                • kelsey
                                  kelsey @mirrax last edited by

                                  @mirrax said:

                                  @kelsey Neoscrypt is here and there is nothing you can do about it. So why still digging in this. Besides once we go POS which I hope will eventually happen this discussion will be completely unnecessary.

                                  actually i didn’t say much about doing anything about neoscrypt, i merely asked two question on comments said in the official FTC newsletter (ie on topic).

                                  "so apart from almost completely killing any market for ftc how is Neoscrypt better?

                                  now why the disconnection from litecoin and the switch to deriving the wallet from btc?"

                                  questions that still no ones answered, just simply jumped to conclusions about what i was asking them for;

                                  i’ve clearly mentioned neoscrypt as a previous mistake and returning ftc to its roots but i’ve not elaborated further.

                                  people just read what they want in what others say and continue pointless debates, tis why i posted what i have so far to gauge again if i’m just wasting my time here.

                                  you could atleast hear a person out before you cut them down. its opensource, and hell if i wanted to wouldn’t be too difficult too send ftc where i wanted with or without u guys, again tis decentralised.

                                  M Wellenreiter 2 Replies Last reply Reply Quote 0
                                  • M
                                    mirrax @kelsey last edited by

                                    @kelsey Those questions are so simple to answer.
                                    1, No it did not killed FTC market, it saved it. That is one of many reason why it is better.
                                    2, We was always criticize for being LTC clone, now we share only genesis block with it, nothing more, algorithm is better and wallet is also better.

                                    1 Reply Last reply Reply Quote 1
                                    • Wellenreiter
                                      Wellenreiter Moderators @kelsey last edited by

                                      …
                                      …

                                      actually i didn’t say much about doing anything about neoscrypt, i merely asked two question on comments said in the official FTC newsletter (ie on topic).

                                      "so apart from almost completely killing any market for ftc how is Neoscrypt better?

                                      now why the disconnection from litecoin and the switch to deriving the wallet from btc?"
                                      …
                                      …

                                      The question ‘is Neoscrypt better’ is not the right one.

                                      I my opinion all algorithm have advantages and disadvantages and we had reasons to change FTC’s algorithm to Neoscrypt.

                                      I think I explained these reasons to you here

                                      To answer your second question, the direct connection to Bitcoin wallets and disconnect from the Litecoin development is mainly to increase the speed of developement, and bug fixing as we know can apply patches made to the Bitcoin wallets and daemon by pulling directly from the bitcoin master, while before the way was:

                                      • Bitcoin created a patch or new feature
                                      • Litecoin adapted and applied the fix or feature
                                      • Feathercoin adapted and applied the Litecoin fix/feature

                                      This took time and complicated the developemend and testing process, so with a wallet and daemon directly derivered from Bitcon we are in a much better position.

                                      You can see, that this decision was purely driven by technical thoughts and not by any politics or likes/dislikes toward Litecoin.

                                      Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
                                      Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

                                      M 1 Reply Last reply Reply Quote 1
                                      • M
                                        mirrax @Wellenreiter last edited by

                                        @Wellenreiter To be more political correct I would say absolute majority of FTC team hate LTC to death because it is complete clone shitcoin. I know at least 20 coins that deserve bigger marketcap than Litecoin and will eventually reach it.

                                        kelsey 1 Reply Last reply Reply Quote 0
                                        • wrapper
                                          wrapper Moderators last edited by wrapper

                                          I don’t hate Litecoin. I follow their developments with interest and their users and developers have contributed to a number of bugs and issues back to Bitcoin.
                                          Whilst I agree on the reasons to go more upstream, it is still worth noting where Litecoin handles those differently.

                                          1 Reply Last reply Reply Quote 0
                                          • Wellenreiter
                                            Wellenreiter Moderators last edited by

                                            @mirrax I see this totally different.

                                            Feathercoin has it’s roots in Litecoin and Peter had reasons to use Litecoin as the basis and roots for Feathercoin.

                                            The step to move directly to Bitcoin as upstream source for code was a logical step to keep our development smooth and going.

                                            That’s all, nothing more and nothing less.

                                            Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
                                            Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

                                            M 1 Reply Last reply Reply Quote 1
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