So, since Coblee’s launch of Litecoin went pretty well, I’m curious about what’s next for Fairbrix. I gave mining a shot on an extra PC for a day, but didn’t get anything. Any thoughts on whether they’re gonna support it or just let it go?
If I recall correctly, coblee has stated he will continue maintaining fairbrix to give it a fair chance.
Besides BTC-E sortakinda said they will launch FBX and LTC exchanges together, so it would be a shame to dump FBX that close to getting an exchange.
Fairbrix is like Tenebrix in better (no premine).
It has a bit weak hashrate, but it may recover once there is an exchange.
Anyway, you cannot kill a distributed crypto currency as long as there are people willing to mine it.
Looks like there aren't too many people mining fairbrix anymore. From allchains.info Litecoin has 5.69 mhash whereas Fairbrix only has .08 mhash. That's like 1.5% of Litecoin's network. Since interest is so low and the price is really low also, I probably won't spend much time maintaining the fork. If someone wants to take over, I will be happy to transfer the github project over to them.
It is a pity, it looks quite a decent piece of work. But I guess you will be extremely with Litecoin which is getting really popular. Hope that someone can pick up Fairbrix from there.
Problem with Fairbrix is risk of being 51% at all times.
Very fragile coin for sure.
I still have like 2k on it.. though i dont plan to do anything with it but store it away.
Maybe it will get a bit more of momentum since Litecoin seems to be getting more and more popular... and the authors credit FBX for the scrypt implementation properly.
That looks to be the newfangled scam-fork of FairBriX not the real thing.
I will try to find the recent (last year or so) posts about the scammers who have been running around forking classic old coins from some time far far far back in time to basically enable double-spending coins from far far back in the past by making a newflangled fork from some ancient block and trying to pretend it is somehow suddenly the "real" coin ignoring all the years the coin has actually continued moving, even continued trading (for example on HORIZON and Stellar platforms) all these years...
-MarkM-