Feathercoin price: advanced technical analysis 31st January 2016
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I am interested in building a Point Of Sale ledger on a blockchain.
I have 25+ years experience in wholesale/retail databases.
I am willing to build each POS a full node with a decent GPU.
Have been watching Syscoin, but they seem to be suffering from feature bloat and regular hard forks. I’m a keep it simple (and efficient) kind of guy.
The ledger would have accurate inventory and sales data tracked by FTC address. A ‘warehouse’ would distribute and restock via small FTC transactions. Product sales would also be processed by a small transaction. Miners could profit by prioritizing these transactions.
Roughly 1000-2000 transactions per day for my current pool of 30 POS systems. Average transaction size is 80 bytes.
Any interest here?
Portions of our code would require NDA (I didn’t write it).
Edit: Mirrax, if you steal this concept, I’ll hate you forever. Patent it if you will, I want half. Software patents (IMHO) suppress progress and the evolution of innovation.
“The natural progression of technology cannot be stopped.” - UnklAdM
Thanks in advance,
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@UnklAdM said:
I am interested in building a Point Of Sale ledger on a blockchain.
I have 25+ years experience in wholesale/retail databases.
I am willing to build each POS a full node with a decent GPU.
Have been watching Syscoin, but they seem to be suffering from feature bloat and regular hard forks. I’m a keep it simple (and efficient) kind of guy.
The ledger would have accurate inventory and sales data tracked by FTC address. A ‘warehouse’ would distribute and restock via small FTC transactions. Product sales would also be processed by a small transaction. Miners could profit by prioritizing these transactions.
Roughly 1000-2000 transactions per day for my current pool of 30 POS systems. Average transaction size is 80 bytes.
Any interest here?
Portions of our code would require NDA (I didn’t write it).
Edit: Mirrax, if you steal this concept, I’ll hate you forever. Patent it if you will, I want half. Software patents (IMHO) suppress progress and the evolution of innovation.
“The natural progression of technology cannot be stopped.” - UnklAdM
Thanks in advance,
Do it! :)
Im not sure a GPU in a POS system is a great idea, it’ll be hot and loud. Having a full node is a good idea tho. That greatly help the network!
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@AmDD Technically the GPU would only have to mine enough FTC to support it’s own transaction flow, so a lower end card would possibly work. Another option would be to use a small SHA256 ASIC miner and auto-exchange to FTC.
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@UnklAdM said:
@AmDD Technically the GPU would only have to mine enough FTC to support it’s own transaction flow, so a lower end card would possibly work. Another option would be to use a small SHA256 ASIC miner and auto-exchange to FTC.
I see. In that case it would work then, and if it ever got low on funds you could just manually send some to the address.
Cool. I hope this works out as you see it, it’ll be very neat to see in action!
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We will release official info regarding 300 000 FTC bounty on Feb 9th 2016
Stay tuned!
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It is harder and harder to accumulate around 1000sat. Sell orderbook is extremely thin.
Mere 10BTC can triple the price.I discussed the situation with Christopher Franko (from Expanse and Franko). He is very positive about Cryptsy death (although he lost like 20btc on that shitty exchange). In fact I believe Cryptsy death is extreme relief for altcoin industry in general. Coins are now traded on fast, reliable and solvent exchanges like Bittrex and Poloniex. Most importantly without artificial pressure of insolvent exchange trading against you. In fact many coins which was suffering at Cryptsy enjoy live price correction upwards and healthy volumes. There is no doubt same will happen to Feathercoin. In fact it is already happening!
Good times ahead :)
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Yo da.
@mirrax -
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yes a little bit of a pump on, i expect a retrace, but any trading is healthy :)
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@FlatBlack said:
@mirrax said:
is marketcap related to d volume…?
soori for askin this senior @Mirrax…me still new with this crypto-trading thing…no it is not, it is simply actual price * number of coins … i know, stupid but same apply to stock marketcaps…
also this is marketcap from 2013… -
@mirrax thanx for reply…
is it possible to ‘bring’-up again…that moment…nowadays…? ;3)
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@FlatBlack said:
@mirrax thanx for reply…
is it possible to ‘bring’-up again…that moment…nowadays…? ;3)
To be honest I highly doubt we will see 0.4USD/FTC any time soon.
However I believe price can do 2x-4x increase in any moment. -
@mirrax said:
@FlatBlack said:
@mirrax thanx for reply…
is it possible to ‘bring’-up again…that moment…nowadays…? ;3)
To be honest I highly doubt we will see 0.4USD/FTC any time soon.
However I believe price can do 2x-4x increase in any moment.Ah, the good ol’ days…
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@AmDD said:
@mirrax said:
@FlatBlack said:
@mirrax thanx for reply…
is it possible to ‘bring’-up again…that moment…nowadays…? ;3)
To be honest I highly doubt we will see 0.4USD/FTC any time soon.
However I believe price can do 2x-4x increase in any moment.Ah, the good ol’ days…
You know, maybe 3 years from now… we will look back and say:
Ah the good old days when FTC cost next to nothing and I was buying with both hands… :D
