You should certainly give some neg trust for this if you haven't already! It's all well and good to post here, but neg trust showing up on his forum profile will prevent others from getting burned much more effectively!!!

He is not running one 1080Ti, he is running SIX of them. He should not be getting 58Mh/s, and yes, he should be worried. It's clearly not working correctly. Your difficulty is auto set because you are using one mid-range card in a very modest rig. He is not, so the settings are quite a bit more important to achieve proper optimization. If you are putting that sort of hashpower to a pool and leave it set at auto difficulty, you are doing yourself no favors...

OP, you NEED to adjust your difficulty UP. If you run it at d=64, you are going to be losing work and wasting power...

DO NOT listen to the guy who runs one single 1080 and tells you to leave it at auto. That is less than stellar advice, and you will always get more accepted work and hashrate at a properly configured manual difficulty.

Your problem is most likely your difficulty setting. A difficulty of 64 is appropriate for a SINGLE 1080 or 1080Ti. You are using FAR too low a difficulty. You should either remove the difficulty setting from your script, and let it auto-adjust, or set it to something more appropriate. I would suggest that a difficulty of around 256-384 should be a good start running 6x 1080Ti's...

Thanks for listening! :-)

Any Discord/Telegram channels yet? We should all be able to communicate if we're going to put hashrate down...

Hey Devs, any plans to Open Source any of this at any point in time, or is it already?

It seems like something that should really be shared and become a communal effort!

Yeah, this whole thing reeks to high hell... If you can't find a competent team, inclusive of devs for your front and back ends, you shouldn't really be in the space. It makes all of us look bad.

People need to take proper initiative before releasing coins/ICOs so the market doesn't continue to grow more notorious for burning inexperienced/gullible/just plain stupid speculators and investors...

This is really just an avenue for people who have no business operating in the space to take advantage of more people and drag us all down.

As someone who is a Founder of a WIP-stage groundbreaking, revolutionary blockchain ecosystem, I find this especially offensive. My team has put countless hours into developing a truly disruptive technology, only to have folks like you bring fools into the market to make it harder for people to put confidence in multi-million dollar ICO's.

Bottom feeders, and you're disrupting the market, in a bad way.

Please, for the benefit of all, cut it out. Find a new and more noble calling.

Bravo!!!

This is how every ICO should look.

Your Whitepaper is exemplary in its technical depth and descriptiveness.

you have a clearly defined market and purpose.

You have a very realistic expectation for your initial funding, and a dedication to complete the project regardless of outcome.

you have a niche space already carved out for your product, and will connect regular businesses with the disruptive Phenom that is the blockchain.

I love this project, and I really think it's a rare example of a well-constructed and truly useful iteration of the smart contract structure...

You'll have my money!

Bravo!!!

What are the chances we could get a listing for FJC/DOGE or something on better price parity with FJC? Even LTC or something, but it seems like BTC and ETH are going to be pretty expensive pairs to trade against for the smaller investors... I personally have pretty substantial holdings in FJC, but not everyone wants to sit on millions of Altcoins.

I'm curious why you would say this? Do you understand the concept of distribution on an S-Curve?

You may need to do a bit more reading on the nature of the coin and why it's somewhat unique before asking arguably useful questions...

You are literally what's wrong with the world today...

Why would you encourage these people? If you can't develop these things yourself, you have no business launching a coin or token.

We need less scamcoins, shitcoins and dubious ICO's, not more...

I sincerely hope that no one has actually given you a single cent.

You literally offer nothing. Your Whitepaper is nonsense. You propose to solve no problems.

Why should anyone invest in you?

Who are you? Lead devs? Any devs?

C'mon guys, surely you can craft a better scamcoin with only a slight modicum of effort, right?

With the impending De-Scheduling of Cannabis, and many states already moving rapidly to a recreational, rather than medical primary distribution model, how do you see this being a lucrative market? This seems of dubious usefulness...

You appear to have yourself pegged at a $100MM initial valuation, how do you justify this amount? What unique proposition do you offer to the industry that isn't already accommodated effectively by a third party vendor? How did you arrive at a $100MM Cap?

You have extremely generic testimonials, but ZERO information on your Dev team? Your whitepaper is simply a regurgitation of your ANN. Do you have a technical Whitepaper? Do you have actual Devs? Is this simply a well-manicured website designed to dupe gullible speculators?

I would like to invest/involve myself in this project, as I already hold considerable investments in Cannacoin, Hempcoin, and Potcoin, but I don't honestly see anything here to differentiate you other than the level of blockchain analysis dedicated to QC and Recordkeeping. These are both handled well at a third party level, and seem to be efficient enough to not need a replacement currently.

In summary, my greatest concern being that of neglible relevance in the face of state legalization and federal de-scheduling, how do you parse this with your $100MM initial valuation? Please give us some more information on your Devs and Roadmap, along with a properly prepared TECHNICAL Whitepaper, and you just may make an investor out of me yet...

Best regards, and I look forward to your considered and thoughtful answers!

You are not sure about your end goal? How do you include that statement in your ANN?

What problems are you trying to solve here? Is this simply another derivative shitcoin? Is there any purpose to this project?

I feel like the only problem you are approaching is your lack of a Lambo.

Please explain how this coin might one day benefit the community or provide some sort of service other than as a speculative instrument?

These ICOs are getting really tiresome at this point. It doesn't even seem like most devs are even putting any effort into differentiation and problem solving...

Please feel free to correct me if I'm wrong.

Regards.

I am rather interested in participating in this project, and have a number of ideas that would be relatively easy to bring to fruition right off the bat! If you'd like to discuss further, please send me a PM. I have a Masters in business admin with a focus on marketing, and could be a definite asset to your organization! You have a great pitch that needs some polish, and I'm confident I could be of assistance to you in this matter!

Please let me know if you have room on your team and would like to discuss further!

Best of luck on the project regardless, and best regards!

So, I'm curious... What is it that you are actually proposing here? Are you solving a previously intractable problem? Is this simply a speculative instrument?

What's the deal, lads?

I think you may have misspelled "Shitcoin" in your username...

 

I think you may want to consider a native English speaking copywriter... The grammar, punctuation, spelling and general lack of proofreading in this announcement is absolutely atrocious, and will almost certainly scare away potential investors, partners and possibly even speculators...

Please let me know if you are interested in having an English major review and amend any announcements, I'll happily correct all your copy for a small bounty!

Nonetheless, best of luck on this venture!

What he said... I'm also very curious why this has not been addressed in any way, shape or form. The only single mention of chargebacks is shown below in the section of the whitepaper titled "Offline Transaction Approvals". I feel like this not being addressed is a major oversight on an otherwise well thought out ecosystem. I would like to invest in this ICO, but I would be extraordinarily hesitant to do so unless I felt this glaring oversight was adequately addressed. Either that, or an explanation provided as to why it is not an important enough topic for inclusion in the Whitepaper or any of the attached literature.

I would also like to make note of the fact that while the Whitepaper itself is written in a grammatically correct, clear and concise fashion, the website and accompanying materials here and elsewhere seem as if they were written by someone who's either not a native English speaker, or not a high school graduate. Regardless, it's a bad look for the ICO and the ecosystem in general if these issues are also not properly addressed before you begin to approach multi-billion dollar companies who are among the largest in the world to attempt to strike up useful and lasting business partnerships with them...

Please attempt to answer these concerns with substantive responses, so considerate investors such as myself don't feel like we're being led down the path of the crying bagholder...


***Quoted text from Graft Whitepaper follows.***

"Offline Transaction Approvals

People familiar with payment card processing know that sometimes transaction can be approved by merchant without getting actual approval from the bank. This is called offline or local approval, or offline authorization, or sometimes S&F ("store and forward") as such offline authorization is forwarded to the server once the network is back online.

Crypto payments, however, assume that network is available 24/7, and there are no downtimes, which is not always true. In some situations, merchants take a risk and approve transactions locally because the risk of single chargeback is lower than the risk of losing multiple customers. Usually, there is a total limit amount for local authorization. After the system reaches this limit (the maximum risk), it stops issuing local approvals until the network is up again. But in case of short downtime, local authorization can go unnoticed to both cashiers and buyers.
Graft merchant point of sale app and single relay supernode will be able to process offline crypto transactions based on the same principle, if they cannot communicate to the authorization sample and get consensus, and the merchant is ready to take a risk. The decision about offline approval will be also based on buyer’s and supernode’s reputation scores."

GO Fujicoin!!!!!!!!!

http://fujicoin.org/community.php

It doesn't appear so, but the Devs are pretty active on here.