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181  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTR] vTorrent - Share with freedom | NO ICO | Start mining yours today! on: December 14, 2014, 07:12:08 AM
Windows. It just synched, but crashed when I tried to mine to it.

I'll look in to it, but we've tested on a few windows box without problem.

Thank you for your reporting.
182  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTR] vTorrent - Share with freedom | NO ICO | Start mining yours today! on: December 14, 2014, 06:56:57 AM
Wallet doesn't synch, and also crashes.

Hello,

I'm sorry for your inconvenient, please tell us what os are you using?
183  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTR] vTorrent - Share with freedom | NO ICO | Start mining yours today! on: December 14, 2014, 06:41:50 AM
First post updated with download link to vTorrent client and source code.

Thank you for anyone who interest in our project.

Any questions or suggestions is welcome as always.
184  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 14, 2014, 12:20:25 AM
From reading this , i assume the idea is that people get your coin for uploading stuff that has to be bought , like piratebay , and i get how you're gonna be able to pay them. However , lets for a second assume this is not just another scam coin , WHY would anyone want to download from this instead of ex piratebay? and why in the name of god , would people be buying this coin if it would just be constant dumping from people that uploaded stuff. I see some kind of idea here , but in my eyes this is just another scam , please give us more details.

Hello,

The main idea behind vTorrent is to solves the problems BitTorrent protocol is having, most important one of all is how current system heavily rely on centralized servers that can be track and close down.

We are designing system to reward both up-loaders and seeders, but it will be optional and completely up to uploader or sharer if they decide to take some reward for their contribution, and since there will be some fee which serves as protection against spam such as fake upload content and there are the normal mining fees needed in every upload, it is very likely that most sharer will take some small fee for their contribution.

If you have any more questions or suggestions feel free to post them here.
185  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 13, 2014, 02:19:01 PM
vague eta for launch? month? year?

hopefully we can launch very soon (as soon as tomorrow), we want to make sure everything is perfect before launch.
186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 13, 2014, 02:06:51 PM
Nothing revealed about the project yet. We need more info. Is there a whitepaper?

Thank you for your interest in our project,

We're currently in the process of preparing our whitepaper. We will post a screencast or screenshot of our client with torrent functionally build-in soon, but our goal is not just to have client with ability to download/upload files in torrent protocol, we're looking to create limewire/kazaa with blockchain at core.

Stay tuned!

What's the plan with distribution of your coin? ICO? pure mining? POW/POS?

There will not be ICO/IPO, we believe the best way to distributed fairly is still through mining.
187  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 13, 2014, 07:36:07 AM
Well would definitely love to find out more details about this one. I'm a big torrent user, have been for years and I think your idea of rewarding users for sharing has great potential. I can totally see how this tech could be integrated into sites like Demonoid. Will be watching this thread  Smiley

Thank you for your interest in our project,

Feel free to share your idea, we hope to get suggestions from the community and we will try to implement them if we could.

Our ultimate goal is to make vTorrent to be the choice of all the torrent user.
188  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 13, 2014, 06:28:29 AM
First post updated with early-beta version of client screenshot, currently only download function is available.

Network and client is still in the testing process, we will announce the release date and detail specification about the coin soon.
189  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 13, 2014, 05:51:41 AM
are this going to be a new "utorrent" software client, or a new TPB torrent site, if the second one with torrents hosted by you or by TPB? more info pls

Thank you for your interest in our project,

We're working toward solution that will make the need of TPB and such sites absolute, all torrents will be distributed and available by utilising blockchain technology.
190  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 13, 2014, 05:11:45 AM

No one wants limewire/kazaa, we want TPB but without servers or domain names that can be seized.

DHT, PEX, and magnet links mean we don't need trackers or .torrent files anymore.

Just create a coin that allows people to embed a magnet link within the metadata of a block for a nominal fee.  Keyword being nominal.  I doubt those who upload torrents regularly for free will want to pay much for the privilege.  Burn the coins that are paid to ensure a steady demand for new coins.

Make it POS and hopefully the network generates just enough demand to make it worthwhile for stakers to hold their coins and sell their stakes everyday to uploaders.

It is hard to monetize torrenting since the whole point of it in the first place is people sharing free shit.  If I need to pay to torrent, I'll just start streaming shit from amazon instant video.

No one would get rich off this but I don't understand why it wouldn't work...........

Thank you for your interest in our project,

"TPB but without servers or domain names that can be seized."
   This is exactly what we're hoping to achieved and it is a big part of it.

"I doubt those who upload torrents regularly for free will want to pay much for the privilege."
   You kind of got the idea backward there, uploaders or sharer in our network get will get paid (if they choose to) from the people who download their content not the other way around.

The network backend will first be POW and shift to full POS in later stage.

 
191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 13, 2014, 04:46:32 AM
dev i would recommend looking at twirst which is a p2p microblog with bitcoin protocol and bittorrent protocol. but it's biggest defect is that bitcoin protocol not Monetization。

could you innovation a monetization bittorrent.

Thank you for your interest in our project,

We’re working toward in adding crypto-currency support to torrent meta-data.

One of our goal with the vTorrent is to help encourage content creators to share, and let the fans show their love and support to their favourite artists by directly award them with VTR currency.
192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 12, 2014, 11:09:47 AM
Nothing revealed about the project yet. We need more info. Is there a whitepaper?

Thank you for your interest in our project,

We're currently in the process of preparing our whitepaper. We will post a screencast or screenshot of our client with torrent functionally build-in soon, but our goal is not just to have client with ability to download/upload files in torrent protocol, we're looking to create limewire/kazaa with blockchain at core.

Stay tuned!
193  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 12, 2014, 10:19:18 AM
Love the concept and ideas of your project. Please make this happen for real!

BTW, when can we start mining or buying this coin. I would love to get some  Grin

Thank you for your interest in our project,

We're currently in testing of the network and first version of our client, we hope to gain some interest from miners and community since we want to have a strong network with many peers in order to be able to develop and implement bittorrent related functions such as decentralized tracking where every peer in vTorrent network acts as a tracker.

Stay tuned!
194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][VTR] vTorrent - Share with freedom on: December 11, 2014, 03:13:53 PM
Thank you all for your interest,

Some sneak-peak of vTorrent client

-Addresses and transaction will be stealth at all times for security and privacy.
-Full-fledged BitTorrent client builded-in (User will be able to download and seed files directly from vTorrent client).
-First Complete Peer-to-peer solution for BitTorrent protocol (Fully decentralised with no central authority, no single point of failure)


Please stay-tuned for much more to come!
195  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][VTR] vTorrent - Share with freedom | 2FA | HD | @Bittrex on: December 11, 2014, 02:44:35 PM




This is an official announcement for vTorrent project


We are more than happy to take on board suggestions from the community.

Our goal is to make vTorrent the choice for people who uses bittorrent protocol
and for people who love crypto-currency around the globe.

We are not aiming to be 'the next Bitcoin', but we are aiming to be limewire or kazaa with blockchain at its core.


Currency Specification

Max Total supply: 20 million
Coinbase maturity: 50 blocks
Target spacing: 60 seconds
Premine: 3%
*more about premine below

Algorithm: Scrypt (Hybrid PoW/PoS)

Stealth: All-time, impossible to trace transactions through the block chain.

Proof of Work
Last POW block: 97,000
Block reward: 200 VTR

Proof of Stake
PoS interest: 5% per year
Min stake age: 6 hours
Max stake age: 6 days

Ports: 22524 (22525 TestNet)
RPC: 22523 (22521 TestNet)


Additional Node


addnode=vtrseed.cloudns.asia


Bounty For Developer

We will reward 1% of premine to anyone or team of developer that could develop a working concept of 'BitTorrent on Blockchain'
One of the rule is that the solution must be achievable with decentralised/distributed concept, contribute it to our project.
and only if they can deliver it before us.


DOWNLOAD





Please PM me if you want to join our private beta program for Windows, OSX and Ubuntu.

Beta user please report your feedback in PM.


Exchange






Block-explorer



Faucet



Roadmap
Currently BitTorrent in-client features are still in development.
-Distribute BitTorrent metadata on Blockchain.
-System to reward both uploader and seeders.


Screenshot of early-beta version of client with BitTorrent build-in, currently only download function is available.


Follow us on Twitter: @vTorrentCrypto    
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