Making Feathercoin Used More
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As many people are aware Ethereum is used to create smart contracts. It is one of those advances that could displace BTC as a preferred coin of choice for buying things. For instance Amazon could create its own Eth based coin which would provide a built in escrow account. I would buy something from Amazon and pay in a coin that would be held in escrow. They ship the product and it arrives on my doorstep. If I approve the product the money goes to Amazon, if I don’t the money comes back to me and the product is returned to Amazon. The biggest pro for Amazon would be the 1 or 2 percent credit card fee. The pro for the consumer would be not exposing themselves to having their personal or credit card information hacked (boycott Equifax).
For the past 3 months I have been participating in the STEEM community and have found that it has an interesting utility: rewarding participants for posting content and voting for content while having a 3 second posting speed. Consider the possibilities - this competes directly with Facebook, could be used by forums like this Feathercoin and would reward the participants with $$ and could change the way online news media work. It has a unique way of protecting wallets having time delays.
I suggest that Feathercoin needs to get beyond the idea of merely a transfer of value. Historically I believe that it was used as a form of Universal Basic Income (UBI) in a town in UK. What ever happened to that project? I have a few ideas which it could be used for: an authentication method for logging into websites, tracking manufactured products (eg https://www.provenance.org/)
Regardless of the idea, I believe that Feathercoin needs to expand beyond its current concept to reach new horizons.
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Hi and welcome.
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@dwarrilow2002 Hello and Welcome to the forums.
“Many hands make light work” Come give us a hand :-)
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@acidd
I am more than willing to help. A number of years ago I attempted to interest a group of retailers in Ukraine to use Feathercoin as a payment processing system. I set up in a cafe and bought coffees for anyone interested (in free coffee) to demonstrate the ease and speed of transactions. Of course I bought the Feathercoin back from the cafe at the end of the day. This was when 1 FTC was nominally around $1.00 USD.One question is if Feathercoin adjusted its function to be used for more than it is currently used for, would there be push back from existing users? Should a survey be run quantifying how it is used.
Let us say that Feathercoin could be used for authentication. In the website database an association was created that linked a user to a wallet. When a user went to log in, they would “pay” to enter. If the payment came from the correct wallet, they would be allowed entry. This would require the speed of the block target to be very fast. The website would collect the fees and redistribute it back to its users or collect it for their own purposes. Perhaps a partnership with Satoshipay (https://satoshipay.io/) could allow users to fund a browser base wallet.
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That is one fantastic idea that can already be done with the current core wallet. Someone just needs to code it. :-)
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As a moderator can you point this in the direction of the powers that be? Could a post be made on Steemit which we could direct members of the Feathercoin community to upvote? For instance my voting power right now is worth about 4 cents. A series of posts and upvotes from the “Feathercoin” community could generate enough income to pay for revisions to the code.
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I’m not sure if Feathercoin has any “powers that be” it’s a community.
You might be able to post in the projects section and start your own project for example :-)
I’ll tag the relevant team members and let’s see if they comment
@Wellenreiter @wrapper @Bushstar @ghostlander @ChekaZ -
FTC is a community effort, (from experience) all current moderators are fully booked, but will (change tasks) to help / comment on / argue against / support any other community project or new members.
Usually, people do there own projects, I have argued for wider involvement i.e. schools, universities, it would be great if the project bring in new users or forum contributers, like the guides or mining and wallet and software tools already available.
Do you want to be a moderator? Normally members start by greeting and helping new members, then assist in specific sections they become more expert at, mining or development, or “coin news” so moderate specific threads. Other moderators will see that effort and put you forward to be allocated extra forum powers.
You can build up a reputation by posting interesting content and receiving up votes.
Some members who might be considered powers that be, i.e. pay for servers or hosting, do not exercise any more power than any other moderator. Some (high reputation) moderators accept certain forum or server “Admin” responsibilities.
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@acidd
Thanks acidD I will review the projects section and post there. -
I am not 100% sure i follow what your saying (still a noob) but it has added content to the forums that has got people thinking!
I wonder if i am mining just for the sake of doing something when i could be making profit elsewhere! What brought me here was the use of Hullcoin… again i haven’t found how much FTC has to do with HC… and the website seems left so to speak…
Maybe i need to review what the goals of FTC are and what it stands for…
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@gooders I wrote this to go with 0.9.6.x wallets, it includes FTC history and resources.
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@wrapper said in Making Feathercoin Used More:
@gooders I wrote this to go with 0.9.6.x wallets, it includes FTC history and resources.
Thank you Wrapper :) i shall have a read!
@dwarrilow2002 has got me thinking however… one i need to learn more about the whole crypto thing and secondly where feathercoin falls into this and how it can be applied to other things. learn first, add input and questions later :)
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We / FTC moderators / admin, are also looking for people who contribute, vote or greet to help with forum moderation.
If you are interested greeting newbies and answering simple questions is a great way to learn / build up a good reputation.
