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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: vpncoin on December 03, 2014, 06:38:56 AM



Title: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 03, 2014, 06:38:56 AM
Hello everyone,
As you know, we are not painting "cake", all the functions we said, we have done it, we are technical team.
However, we have deficiencies in the promotion,
This 600 million vpncoins has not been handled properly, sorry.

Through careful consideration, we decided to launch this poll,
Which way do you like?

Thanks.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: sq on December 03, 2014, 08:52:04 AM


Don't forget to add your coin and pool to our service.

https://www.altcoincalendar.info


Title: Re: About disposition of BitNet 600M vpncoins
Post by: ZPserge on December 03, 2014, 09:24:54 AM
destruction of coins will affect the growth of prices - that will attract new investors


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 03, 2014, 10:04:26 AM


Don't forget to add your coin and pool to our service.

https://www.altcoincalendar.info

Hello,
I register and submitted vpncoin,
Thank you very much.



Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 03, 2014, 10:07:11 AM
destruction of coins will affect the growth of prices - that will attract new investors

Hello,
We will listen to your views,
Thank you for your suggestion.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: pineapples on December 03, 2014, 11:04:25 AM

if you wish to raise funds, an ICO would be beneficial for you.

otherwise, creating a longer term reward system for hosting nodes may be very beneficial for the coins network.
also, is it possible to reward actual use more than simple hosting ?

eg. reward users for hosting websites, chatrooms etc.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: Beoga on December 03, 2014, 11:56:14 AM
If you want to involve more and more people you have keep giveaway as long as possible.
It will not dump the market if you will do it gradually.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 03, 2014, 12:23:37 PM

if you wish to raise funds, an ICO would be beneficial for you.

otherwise, creating a longer term reward system for hosting nodes may be very beneficial for the coins network.
also, is it possible to reward actual use more than simple hosting ?

eg. reward users for hosting websites, chatrooms etc.

Hello,
We hope to do ICO, one for fast distribution, the second is to keep vpncoin's value, but we will not take a penny from this ICO,
We Built-in IRC chat and tipbot in version 1121, ready for the long-term distribution,
But there are some people presented the proposal to freeze the 600 million vpncoins,
So we launch this poll.

Thanks.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 03, 2014, 12:26:17 PM
If you want to involve more and more people you have keep giveaway as long as possible.
It will not dump the market if you will do it gradually.

Yes, we are ready for the long-term distribution.
Thank you for the suggestion.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: Hash72 on December 03, 2014, 12:37:24 PM
If you want to involve more and more people you have keep giveaway as long as possible.
It will not dump the market if you will do it gradually.

Yes, we are ready for the long-term distribution.
Thank you for the suggestion.

Long term distribution is good for VPN coin so other people will join the campaign even after one year but you have to put the link contain the 600 M clear to everyone. and you have to set a new distributed method\campaign that will reward members for how long they will hold the signature and the coin in their wallet.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: *Sakura* on December 03, 2014, 01:36:28 PM

if you wish to raise funds, an ICO would be beneficial for you.

otherwise, creating a longer term reward system for hosting nodes may be very beneficial for the coins network.
also, is it possible to reward actual use more than simple hosting ?

eg. reward users for hosting websites, chatrooms etc.

Also stakeholders bounty will be good for the market. For example, 20-30% annual. Do this in the form of daily autopayments.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 03, 2014, 01:45:02 PM
If you want to involve more and more people you have keep giveaway as long as possible.
It will not dump the market if you will do it gradually.

Yes, we are ready for the long-term distribution.
Thank you for the suggestion.

Long term distribution is good for VPN coin so other people will join the campaign even after one year but you have to put the link contain the 600 M clear to everyone. and you have to set a new distributed method\campaign that will reward members for how long they will hold the signature and the coin in their wallet.

Hello,
The new reward app will record every irc node reward.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: waxo on December 03, 2014, 10:55:44 PM
best for this coin , change it to a pure High POS ( 50/150% ).
i know this is impossible but i like to have some dreams ...


Title: Re: About disposition of BitNet 600M vpncoins
Post by: lcharles123 on December 04, 2014, 04:20:06 PM
I like node reward, for keep the network more active and fast! :)


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 07, 2014, 02:30:26 PM
I like node reward, for keep the network more active and fast! :)

We will be decided according to the number of votes.
Thanks.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: familiaverde on December 07, 2014, 04:19:43 PM
By code permanently frozen   - 33 (62.3%)
Through charitable ICO sales, at fixed price   - 3 (5.7%)
By IRC, reward online node, long time giveaway   - 17 (32.1%)


I voted  to destroy the 600 M coins ... but u need to make this decision fast becouse of this 600M in one hand the coin will die ....

Trust me make the decision fast and after that contact bter.com to list the coin and u will see the magic


Title: Re: About disposition of BitNet 600M vpncoins
Post by: Snail2 on December 07, 2014, 05:16:48 PM
Destruction of the coins is good for the current holders and will drive the price up.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: lumeire on December 08, 2014, 03:03:30 AM
While destroying those coins would be good, please do consider leaving a sum behind for rewarding nodes and further developments.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 08, 2014, 04:17:42 AM
By code permanently frozen   - 33 (62.3%)
Through charitable ICO sales, at fixed price   - 3 (5.7%)
By IRC, reward online node, long time giveaway   - 17 (32.1%)


I voted  to destroy the 600 M coins ... but u need to make this decision fast becouse of this 600M in one hand the coin will die ....

Trust me make the decision fast and after that contact bter.com to list the coin and u will see the magic

@familiaverde @Snail2
Yes, within this week we will make a decided.
We comply with the views of the majority community.
Thanks.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 08, 2014, 05:11:21 AM
While destroying those coins would be good, please do consider leaving a sum behind for rewarding nodes and further developments.

This wallet also use to distribute to communities:
http://blockexperts.com/vpn/address/VdspgY9QByHnqR8oKzUR1yo3nMwfBYevpQ   112755531.00000000VPNs


Title: Re: About disposition of BitNet 600M vpncoins
Post by: Voidcrafter on December 08, 2014, 01:18:35 PM
From an investors perspection it would be best to have them destroied as otherwise the coins yaou bought are now worth only a third.

For the community it would in my oppinion be best to have a long extended giveaway , rewarding active people for node , irc , video guides , bitnet pages etc.

It would be awesome and a huge deal if you could use some of the leftover coins to get this coin into bitnet , tons of people would notice it and jl777 would bring in a ton of volume and there would be a ton of new great features that vpn could then freely use which would bring this coin to a completely new level.

With the pretty good features we have a realistic chance to get in the supernet by jl777 the developer would just need to contact him.

If you wonder what would happen with the price just look at what darkcoin did after the supernet + jl777 announcement , a solid x1000 , reaching a peak of 63.000.000 $ marketcap in june.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 11, 2014, 06:40:13 AM
From an investors perspection it would be best to have them destroied as otherwise the coins yaou bought are now worth only a third.

For the community it would in my oppinion be best to have a long extended giveaway , rewarding active people for node , irc , video guides , bitnet pages etc.

It would be awesome and a huge deal if you could use some of the leftover coins to get this coin into bitnet , tons of people would notice it and jl777 would bring in a ton of volume and there would be a ton of new great features that vpn could then freely use which would bring this coin to a completely new level.

With the pretty good features we have a realistic chance to get in the supernet by jl777 the developer would just need to contact him.

If you wonder what would happen with the price just look at what darkcoin did after the supernet + jl777 announcement , a solid x1000 , reaching a peak of 63.000.000 $ marketcap in june.

Thank you for your suggestion.
I'm in discussion group of superNet.
Thank you and jl777 .


Title: Re: About disposition of BitNet 600M vpncoins
Post by: tencentcoin on December 11, 2014, 10:12:00 AM
By code permanently frozen ? no . nobody will trust  you frozen the coin . i suggest you contact anon136 to hold

the coin or let anon136 destroy the 600m


Title: Re: About disposition of BitNet 600M vpncoins
Post by: abc333 on December 11, 2014, 01:39:07 PM
Increasing the number of nodes rewards, fast delivery.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: jokumat on December 11, 2014, 08:58:10 PM
by code permanently frozen = is it burning or not?

charitable ICO - sounds good but makes opportunity for scammers. It´s too easy to pretend charity and send money to some friendly account. I´m not trying to say VPNteam are scammers, they seem to be OK, but one never knows. And sometimes even unfounded suspicions can destroy reputations
And any such doubt
long term giveaway = this was original plan, no? this means developers control most of the currency supply and market confidence will be low

I vote for burning. Maybe some coins can be put aside for long term giveaway. But most of them should be destroyed.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: bitbollox on December 11, 2014, 11:54:45 PM
Just destroy them, in a way that is the same as a donation to everyone holding vpn :)


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 12, 2014, 06:07:11 AM
By code permanently frozen ? no . nobody will trust  you frozen the coin . i suggest you contact anon136 to hold

the coin or let anon136 destroy the 600m


I don't know "anon136", sorry :(

Before, I would like to use this method to freeze 600 million vpncoins:
Code:
bool IsStandardTx(const CTransaction& tx)
{
...
        static const CBitcoinAddress lostWallet ("VusLpcbyV6jenaG9dbFJxsBx28Lp9JqNvm");
        uint256 hashBlock;
        CTransaction txPrev;

        if(GetTransaction(txin.prevout.hash, txPrev, hashBlock)){  // get the vin's previous transaction
            CTxDestination source;
            if (ExtractDestination(txPrev.vout[txin.prevout.n].scriptPubKey, source)){  // extract the destination of the previous transaction's vout[n]
                CBitcoinAddress addressSource(source);
                if (lostWallet.Get() == addressSource.Get()){
                    error("Banned Address %s tried to send a transaction (rejecting it).", addressSource.ToString().c_str());
                    return false;
               }
            }
        }
...
}

Today, jl777 proposal this way:
http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses

Vpncoin's burn Addresses is:
Code:
Version: 71, Address: VZzpuiATQouD4mu9jnedRuKrgpHyY2Me1w

I sent 0.1VPN tested, txid is 6aaa83f9dd64022619888722f053e4c5d912d3437bb1925739028638c61361c3
Code:
getrawtransaction 6aaa83f9dd64022619888722f053e4c5d912d3437bb1925739028638c61361c3
 
01000000e3778a54012cd82fdba1589584e5496402db96cac8129a5e95250bd9373ea19626c0124d2f000000006b483045022100cd4fd8b231e280ce7bf6bf6f1c9c62acf8fc85cd80b1fc498f2e86d74e94106302201e2a57ee87ebd4052b64f8e2c178a70f03a6b91f97c6c1dae2551361d834cdc00121038c18689807f1408c82dc1b0805ed90de07f4669aa11bb10dc2ba34abf52cb10bffffffff02c0eb2901bb0400001976a91453cc0cd61c209cb234b85fd89b9d02f9915f660188ac80969800000000001976a914000000000000000000000000000000000000000088ac0000000000

It is included "76a914000000000000000000000000000000000000000088ac",
Looks like the right?



Title: Re: About disposition of BitNet 600M vpncoins
Post by: pazsion on December 12, 2014, 02:03:51 PM
not sure what burning a cryptocoin means, but i hope it is a way of setting aside something. destroying any coin, can't possibly make it anything but worthless. which this coin should not be.

please continue to giveaway to people who run nodes and hang out in chats. I should be able to do so more often now.

stakes? work well i guess, tho everyone has their own rules...it's sopposed to be applying interest to your balance, like savings...or payouts on dividends for the time the qt has been running consistently. 

stakes good.

rewards for nodes and chat good.

solo mining good

pool mining good.

exchanges tradeing good.

active support from more then one person in developement. good.

if this continues, and also improves. this coin will thrive. and stand on it's own. as long as we can work out any issues quickly. And keep it live.


Title: Re: About disposition of BitNet 600M vpncoins
Post by: xandry on December 12, 2014, 04:49:09 PM
By IRC, reward online node, long time giveaway


Title: Re: About disposition of BitNet 600M vpncoins
Post by: vpncoin on December 13, 2014, 10:35:39 AM
Burning...

http://blockexperts.com/vpn/address/VZzpuiATQouD4mu9jnedRuKrgpHyY2Me1w


Title: Re: About disposition of BitNet 600M vpncoins
Post by: Zhan21 on December 14, 2014, 06:19:12 AM
Has decided to burn 600 million dollars?Do not. Give me some of it. ;D


Title: Re: About disposition of BitNet 600M vpncoins
Post by: kyma on March 13, 2015, 08:37:28 PM
good point.. but burning coins would have a similar effect as distributing coins equally among all wallets proportionally to the amount they hold correct?

in this sense it is worth considering the pro/cons of having a larger supply versus having a diminished supply.

lol just looked at the date of this - oops  ::)