Post
Topic
Board Announcements (Altcoins)
Re: [ANN][FIND] FindCoin | Community Anti-Scam Token | Faucet Distribution
by
SilentAngel
on 01/01/2015, 06:41:41 UTC
Hello,

We have turned off the faucet for the moment, as it seems we are getting two thousand requests more than we should (we have ~1.3k wallets downloaded). A vote will be posted tomorrow to decide if we want to continue faucet-based distribution or switch to another system. Until then, no faucet payments will be sent out.

It is a great decision! Fair to us who do not cheat in this distribution, I just got 2k coins, but cheaters can get 100k or more, they have lots of VPS/VPN.

I have to disagree with the VPS thing.

If this were any other coin received through mining, VPS would obviously give more hashing power yielding more coins.

I have 3 VPS with wallets each and as you can see in my older btctalk posts; I usually provided tons of hashing power to newly created coins. Including helping Monero's first launch earlier this year.

I do have to agree however that this coin verifies nothing of the VPS specs meaning I could potentially just get free VPS to rape it but it isnt worth my time but is an obvious issue to all of us as it defeats the purpose of a fair launch (in comparison with those who have VPS mining rigs).

Totally agree. The idea of "faucet distribution" is fair. I have 5 VPSes and I have to pay for it. It's a kind of investment. If I have 5VPS and I receive the amount equal to someone who has only 1 PC, it will be unfair. This is "In-wallet-faucet-distribution", not "person-distribution". Moreover, I downloaded the wallet file only 1 time on the first VPS and transfer to the other 4 VPSes. I think if other people do the same thing as me, the downloaded wallet will be much less then the number of opening wallet. It's easy to understand.

I think so. Take Bitcoin mining as an example. What will happen if people who have the difference hashing power receive the same reward of bitcoin? Obviously it's not fair. People who invested more in the hashing power will receive larger reward. This is one of the most important factor to improve the community. I have downloaded my wallet to the first VPS of my Google Cloud VPS, setting them, adding .conf file and clone this VPS. Therefore, all the settings are cloned without re-configuration.