Quote from: jtimon on January 04, 2013, 10:38:28 AM

Quote from: TradeFortress on January 04, 2013, 10:19:54 AM

Quote from: jtimon on January 04, 2013, 10:10:34 AM

Quote from: TradeFortress on January 04, 2013, 09:27:25 AM

THIS WILL NOT BE REJECTED BY THE NETWORK. Wanna know why? Because the blocks are still valid to the network with the 80% foundation backdoor issuing method.

Ok, then when you your fork starts rejecting them it will be a hard fork. At that point honest nodes will start ignoring your branch of the chain.

And again, even if all nodes accepted your hard fork, if you don't change the reward for miners formula it will take many many years to have a fixed supply. We wanted less years than bitcoin even before the 80% fund decision and your fork will take many more than bitcoin.

It's like when IXcoin creator thought he was issuing the 21 M twice as fast when in fact with his original code he was issuing 42 M in the same time. You just don't understand "your own" code.

By "honest" nodes, you mean nodes that pays the 80% tax? Hmm?
By using this fork right now, you're voting with your hashrate.

Also, this fork will put MORE frc in the hands of miners and users, instead of more frc into the foundation. It's basically what happens if the ~~Foundation~~ Reserve distributed their self-printed to everyone in a open, decentralized and fair manner.

You can discuss about how mandating 80% of mined coins goes to you is honest, but at the end of the day, the network, the miners and the users makes the decision on which version they're going to use.

Yes, I meant that by honest nodes, nodes that follow the initial rules instead of your attack. Seriously, if you really like freicoin without the fund, just start a new chain, but do it right: rewrite the reward for miners curve. You just need to copy and paste from an earlier beta (I think beta3 will make it).

By giving more coins to miners you'd be putting more of them in the hands of miners, not necessarily users, that's our point.

If you know of a method for distributing the foundation's part of the supply to everyone in an "open, decentralized and fair manner" (we disagree mining is such a method), please let us know. We've been trying to think of something for years without success.

What is a fair trade? By forcing a 80% tax? This is obviously greed and even can be put a scam tag. Such greed won't even push the FRC forward, because it seems that it's a permanent tax & the money is permanent in your hands, that makes the FRC value won't go higher. You're not the government, a government supported central bank, it has the gold reserve & the nation's trust as the foundation to support their currency supply. What you can offer, a piece of the modified code of the original bitcoin? I can only say that's too greed. OVER.