Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Faircoin - The First Fairly Distributed coin. New exchanges added!
by
DailyModo
on 26/03/2014, 14:28:21 UTC

Having Faircoin first on mintpal voting for the next 4-6 days will give us more visibility before we actually hit the market.

Then if som1 can really manage that genius idea of multipool this could be truly an amazing feature.

Creating constant buy orders and demand this is going to be good.

Maybe the dev can offer a bounty on the FAC website?

(btw: wouldn't this also be good for the coin's infastructure? More mining -> more active FAC wallets -> more nodes -> easier syncing?)

if by multipool you mean mining pool, it exists already. however you dont get paid to hash, and if your not carefull you can leave the network LOCKED due to a diff that cant be delt with by the coinholders genning wallets anymore. this happened during launch distro.

at this point(at least) a pool is not needed, and would probably be harmfull as it has been in the past.


They mean a multipool... you throw your hash at it... it automatically puts you hash into the most profitable coin, be it DOGE/LTC/AUR/Whatever, and then it automatically sells it on an exchange and buys FAC and that's how you get FAC for your hash.

wtf

It creates a constant demand for FAC. Because you are technically mining other coins, selling them and then buying FAC.

This could be what boost the price and maintain it stabilised.

Since there will be this constant demand comming from the multipool + comming from the projects,online shop and more.