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Fibrecoin announces Core Development Roadmap
Fibrecoin just announced a new Core Development Roadmap which will be developed next to Revision 3 that the Fibrecoin Team announced 2 days ago.
Core Development Roadmap
Fibrecoin announces Core Development Roadmap was originally published on BTC Thailand
Fibrecoin Revision 2
Revision 2 has been ninja launched 8 Days early.
Fibrecoin Revision 2 was originally published on BTC Thailand
Fibre Coin Review
Coin Reviews by BTC-Thailand
Here you can find our Coin Review for Fibre Coin. To understand how we rank a crypto coin please read here. We are always open to suggestions and feedback in our comment box below or via our contact form.
Fundamentals & Roadmap (Start: 7 Points)
Algo: NIST5
Block Reward: 25 Coins per block
POW Max Height: 43200 (Finished)
Coin supply 624563
Anti Instamine: block 2-200 = 0 coins
Block time: 60 Seconds
Public Premine Addresses: FPrj2JWUq4mWXi3F5cvMznwKbETDFx1DpY *FTWXN2JPjzyd8kgBSvQV8g1qR4n8kB5fpF
Difficulty Re-target: Dark Gravity Wave
POS Interest: 5% Annual Interest
Block Maturity: 110
Block Confirmations: 7 block’s
Min Stake Age: 12 Hours (No Max)
Premine: (2%)*
*1% will be used for the social give away. The rest will be used for PR, Bounties and Currency development. The pre-mine will be fully transparent with public wallet addresses and a public ledger at launch.
Developer & Audit (Start: 5 Points)
Fibre [FIBRE] is lead by a developer named Chris (UK) aka Killakem. Chris has stated that his background in coding is mostly web development, VBScript and VB, but has been bringing himself up to speed on C++ purely so he can make informed decisions when it comes to release management. He states that Fibre is run like an enterprise IT department.
The second Developer is bobby6killers. Fibre Coin has also the Coinsource Certification
Marketing / PR & Community (Start: 5 Points)
Marketing / PR
Fibre coin did a nice Social Giveaway this month to produce a buzz and get the news about the coin out to the community. They send coins to over 1000 people manually. More information you can find here.
Fibre is active on Twitter, Facebook and Reddit.
Fibre Coin has two very active Marketing Managers with krushang and mxxxxxx. After talking to them in the IRC I know that they will release a Marketing Roadmap soon.
Moreover Fibre has a nice clear looking website where you can download the up-to-date wallets.
At this stage Fibre has not a lot of PR Activity ongoing.
Community
At this stage the community of Fibre is not that strong compared to other coins because Fibre is quite new. But the community is healthy and there is no fud going around at Bitcointalk at the moment.
The community involvement is there and people are testing the Wallets and participating in the coming Fibreboard.
Innovation & Delivery (Start: 5 Points)
Innovation
NIST5 The NIST5 algorithm combines the 5 finalists for the National Institute y’s SHA-3 hash competition
FIBREBOARD FibreBoard is a advisory board consisting of thirty community members. All major decisions will be voted on by the board.
HTML 5 Wallet - This will work any device with a brower. Mobile, tablet, mac etc etc. We already have the code, all thats required is block cypher.
Facebook Wallet - Just think of the potential with a Facebook fibre wallet. We will be able to reach a much wider audience.
ATM’s - Funded Multi Coin ATM’s in major city’s that accept Fibre. Something like this https://www.bitxatm.com/shop/bitxatm-sumo-pro/
FibreLight - A new coin using the Fibre base source code, with a much higher coin supply. There would have to be a small ICO to fund the further development of the Fibre group. Having a higher coin supply will allow Fibre to build Facebook and other games that allow you to win FibreLight.
Increased merchant acceptance - Fibre will be increasing their efforts to sign up merchants to accept Fibre.
Delivery
26/09/2014 FibreOS v1.0 officially released”
20/09/2014 Fibre added to Poloniex and Cryptsy
14/09/2014 CoinsSource verification done
13/09/2014 Released version 2.0 – FibreDark (Fibre Tor Hybrid Network)
06/09/2014 Release date of FibreOS revealed, HTML5 and facebook wallet revealed
30/08/2014 Fibre accepted by Coingateway.net
30/08/2014 FibreWallet v1.2 is released including various UI changes, Statistics page and FibreConnect
30/08/2014 Version 1.2 released with FIbreConnect encrypted messaging and other UI enhancements
29/08/2014 FIBRE is added to Bittrex. https://bittrex.com/Market/?MarketName=BTC-FIBRE
27/08/2014 Killakem attains the top rating of 5+ from CryptoAsian
24/08/2014 Development Roadmap Released
23/08/2014 Fibre Wallet version 1.1 Released with built in block explorer and better styling
21/08/2014 ANN Translated into Mandarin, Russian, French and Spanish
19/08/2014 Block Explorer Implemented, Funded by the Team
19/08/2014 Added to C-Cex and CoinBroker
17/08/2014 Mandatory Wallet Update due to a fork shortly after launch
Price (Start: 0 Points)
What is a fair price in this crypto world?
No one really knows but we can look at similar coins and similar market caps. Moreover we can look at technical trading analysis.
Marketcap:
With a marketcap of 218 BTC is today (14.09) on place 113. If Fibre gets near place 80 the price has to double from now on. If Fibre coin gets in the TOP 50 the price has to be nearly 6x of the current price. The current price is 30k-50K Satoshi which would mean a price of 100K is possible in the near future and a price of 300K Satoshi if Fibre gets under the TOP 50 Coins in the Crypto World.
To compare: Startcoin: 135 , Titcoin: 133 , Cinni: 112, Socialxbot: 109, Korecoin: 86, Librexcoin: 74, LTCDark: 56, Shadowcoin: 52, Cloakcoin: 50 , Viacoin: 21
Price:
Because Fibre coin is not in the Top 100 yet, the team is delivering and there are only 600K Coins I give Fibre a 7 from 8 in the Price category.
Fibrecoin is not 30 days on any big exchange and can only be traded on Bitrex at the moment. (Bittrex, Mintpal, Cryptsy, Bter)
Coinmarketcap
Looking at some fundamentals we can see a market cap of 235 BTC and an available Supply of 624 thousand Fibre coins.
Now It’s Your Turn ! What do you think about Fibre Coin? Write your thoughts in our comments below after our final Rating.
Fibre Coin Review was originally published on BTC Thailand
