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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: September 21, 2017, 04:40:48 PM
what is up with this statement Verge dev:

" and we feel monero is "too private" to receive real mainstream adoption"?

or was that a user posing as  u?


At first:
Opinions can be changed if the experience and the knowledge change.

Second:
In the early time of a coin, or while the distribution is not widespread, an public ledger is giving everybody the safety which is missing since low spread. (This costs anonymity as well) When the coin is spread around the world, the safety does come more and more from the spread and the won in safety can be invested in anonymity, which can, of course, result in an private ledger. Not all trades will happen on private ledger, i think it will always be possible to see how much is private, or public. But i am not developer of this coin, so its up to the devs?! - I expect they try to find the best golden middle way.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: September 21, 2017, 04:28:29 PM
anyone aware the verge 3d game isnt working? get an error when put in verge address.

"transaction failed. error: ECONNREFUSED"

yes, no one has donated to the game address. the game relies on users donations, to give as a reward.


So some more self-explainig "Errormessage" would be nice. Something like "This game is based on donations. Currently there are not enough funds, please donate to XXXXXX."  Huh


This seems to be a general problem for all verge-things, not enough user interface development/interaction/clearness. - For software developer it is mostly clear why and what is happening, but endusers usually turn on the microwave with 1 button (setup the time with the same button) and go away until its hot. They are used to have clear signals like remaining time to heat and at the end some BING. On verge is missing mostly both, so user always feel insecure whteher the problem is on network, on device user or beeing hacked. (This is the opposite of the feeling i have had on another coin. I am not telling which coin, since i dont want my post do be understood as fud, since i just wish/want to get verge UIs improved to give more everything-fine-feeling to the masses which are waiting to use verge)  Roll Eyes


Otherwise, great development and programmers and nights of programming. You got my deeeep respect for that project!  Smiley
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: September 17, 2017, 05:54:16 PM
I personally feel, there is a long holder of verge available
most of them are expecting it to be $1


Drilling little deeper into crypto makes clear that 1$ is far away from unrealistici expectations.

Ripple hast a current supply of >= 38 billion (38,000,000,000) which is 38% of max. supply 100 billion,  (100,000,000,000)
Anyway the price per coin is at some stable 0.2$

Verge hast a current supply of >= 13 billion (13,000,000,000),  max supply of 16,000,000,000


Where it will go...
Compared ripple to the lower coin supply of verge (38/13=~2.9) (or max. supply 100/16=~6.25), verge can reach without any doubts 2.9 x 0.2$ within same timeperiod like ripple did (3 months from 0.006$ to realistic 0.2$). If it will take longer time, the better for verge. Will result in much more stable coin. But i guess we all expect some nice pumps in near future, since the privacy-attribute from XVG should give some extra arguments for buying verge.


Actually...
Latest invitation to buy some xvg was the 197 satoshi peak. If china would not have shaked the market, xvg would have corrected back to stable 185 satoshi and preparing to pump to 210 satoshi. 210 satoshi was at that time 0.01$. Due to fallen BTC and fear about china it is back again on a great entry point of 0,006$. So lets be patient, until the market calms down. Everything is just postponed. Its going to be listed to 3 new markets, binance, HitBTC and nakamotox in near future. (Is this nakamotox official?) (i guess within 2 weeks.)
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: September 17, 2017, 02:52:01 AM
The demand for privacy is only going to increase in the future. My only worry is that the market is getting crowded with 1 trick pony tokens.  I am not saying that only 1 will survive buy how many will reach a real adoption level and not only speculative coin. Tor is great but it can also be added by others along with quicker transaction speeds.

What sets XVG apart from the pack ?



I just have send today from online wallet to windows wallet some coins. It was received <10 seconds.. completely confimed as well after 1 minute or two.



Symbol         Circulating Supply
XMR - Monero             18,000,000 ... but teoretically infinite... Its like the USD, printing new when needed.  Grin  Huh
DASH - Dash             18,900,000
XVG - Verge      16,555,000,000


Somewhere here at bitcointalk i read a very easy understandable post regarding marketcap and stability, can not find it... but here is what if have taken out from that post:

The stability of a coin does not come through the market cap, the stability comes through the relationship between market cap and coin-supply, naturally.

Regarding the price of XVG, its underpriced. Do not know exactly why, might be because of the fork from DOGE to DOGED and then additional rebranding (That gave it a new brighter future). The coin would be now much more ahead, if it would have been forked directly from DOGE to Verge. Compared to BTC, if XVG would have same supply like BTC, then XVG would be at 5$ right now. (You can calculate this very easy). Just the high supply of coins makes it growing slowly, but it will grow continously its way.
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: September 16, 2017, 09:43:15 PM
...



It looks like Bitcoin has worked with i2p since 2012:
https://www.reddit.com/r/Bitcoin/comments/13gfda/bitcoin_on_i2p/

I mean, it's an old version, but should still work I guess:
http://echelon.i2p.xyz/btci2p.xyz/
Almost on same codebase as Verge Tongue

You see, I thought that Verge was based on v0.8 codebase because the INSTALL file in root github directory is identical between Bitcoin v0.8 branch and Verge master branch, but it was changed in v0.9 and v0.10 for Bitcoin. Also the folder structure looks like pre-v0.10 I thought.

Looking at your github with the coin emission - man, 75% of all coins that will ever exist mined in the first 10 days or so when you were generic scrypt clone called Dogecoindark. Wow Cheesy I know a lot of them probably got spread around. I certainly bought a couple when they were trading on Cryptorush v2 for 1-3 sat, but still... Whatever happened to that scammer dragon guy anyway?

Anyway, so no specifics on Wraith protocol? You guys are just gonna roll it out on mainnet without any public testing or scrutiny, or there will be a paper or some test code forthcoming before it's actually implemented for use on mainnet?


I think a reddit user pointed out a long time ago i2p was only on the bitcoin testnet, not the real blockchain, making Verge still first.

The statement about coin emission is patently false, for the sake of saving face I'd suggest you're looking at DGD not DOGED (a long lost coin of the same name, DogecoinDark).

I think Wraith Protocol is basically stealth transactions, which solves that issue of identity security when transferring from an exchange or in person, which I believe was first in Vertcoin. Of course, you can buy from exchanged.i2p right now and not have this issue with Verge, for different reasons.

The link to client I shared runs on mainnet.
https://bitcointalk.org/index.php?topic=151181.0
There's nothing in the instructions about setting testnet flag.

You're correct, re: block rewards. I was thinking of normal bitcoin clone where halvings are evenly spaced in time, but here they're not. Here is the Verge/Dogecoindark repository: https://github.com/vergecurrency/VERGE
Quoted from the readme:
Quote
Blockreward:
Block 0 to 14,000 : 200,000 coins
14,000 to 28,000 : 100,000 coins
28,000 to 42,000: 50,000 coins
42,000 to 210,000: 25,000 coins
210,000 to 378,000: 12,500 coins
378,000 to 546,000: 6,250 coins
546,000 to 714,000: 3,125 coins
714,000 to 2,124,000: 1,560 coins
2,124,000 to 4,248,000: 730 coins
28000 blocks (the first two parts of the schedule) at 30 seconds a block is about 10 days (there are 2880 30 second periods per day), comes out to about 4B coins in ten days, or 25% of total supply to ever exist. The total coins that will ever exist are 16.5 B. After first four halvings, 9.1B coins emitted in about 70 days, so almost 60% of all coins to ever exist in first 10 weeks. Not exactly a great distribution imo, but certainly not as bad as 75% in first 10 days.

If it's just stealth addresses (which have been around for at least four years), then why do they need to come up with some cool/scary sounding name like Wraith protocol?




Distribution...
Mostly all coins are distributed like this... coins with ICOs are worse! ... on the other hand, somehow development must be done. If there is a problem for you, do not invest into any coin. Watch the stealthcoin (XST), Top100 wallets own 81.64 %. Verge has multi-algo which supports a wide spread. Last ICO i wanted to be part of was the viberate-Token on 5th of september. It took less than five minutes to sell 120 million (60% of max supply) token. Number of contributors was 657, together they paid almost 11 million $. So here we have 60% issued within 5 minutes to 657 owners. Does this mean viberate is an bad idea? I keep this decision up to you, but i am sad that i did not get any, since the idea of that coin is nice as well.

Verge is targeting on a most forgotton thing of todays behavior of people: Privacy! We all need to get back our privacy, which we gave in last ten years out of hands. Of course, this is somehow the target of all coins, but Verge is the most privacy one with the idea of stealth, multi-algorythm, Tor, I2P and wraith coming up. Permanent development with strict focus to get as much as possible of our privacy back, without harming the health of itself. This is what made me support exactly this coin.

Spooky...
Did you recognize that it is enough to search with google for something... lets say condoms... a few days later you will find an advertisement with the headline "You also might be interested in...condoms" while scrolling on  facebook. Teoretically you even would not need to enter you address or your credit card number... the whole network of google, facebook, amazon and microsoft (others as well!!) knows all this already. If you are using some partneship-service on the web, they would also know at which time would be good to offer you those condoms, maybe send them in advance! Imho this is spooky! And the only answer to this can be to spook back!

Wraith...
Every child needs to have a name. If everybody is calling his child for example John, do we all need to call ours in the future John? No! As a good developer (father) you have to find a descriptive and nice name. I am programmer since 2005, i started to give my projects and program-codes Nicknames, so they become more bound to human thinking. Sometimes those codenames find its way to public by just the marketing. Since every marketing agency wants to personify a product. This is why processors have codenames. What made windows XP that successful? It was the name. Windows 2002 would have beed replaced by 2003, 2003 by 2004... WinXP survived more than a decade and just got updated with SPs. Its in the name.

Wraith/Stealth...
... honestly, Wraith is simply descriptive to a thing which comes out of the box with Tor, I2P, stealth and gives you the choice to behave like a ghost and simply disappear. This is simply like paying cash and never meet again, without any trace, withou showing your face.

The implementation of wraith...
All i worry a little about regarding verge is the impelmentation of wraith as a new protocol into an running network, but it is of course possible, with enough effort. In our company, we build our own testing area to test everything before giving it to customer. Today everything is possible with a couple of virtual machines, and if the current base or protocoll was planed to be extended, than this is without doubt possible. We did not redefine the internet just because http is1994 was no longer enough. Https came up and all we have had to do, was to download new browser. Today https is some default. So lets see!
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: September 16, 2017, 03:29:52 PM
Hi all

I have sent some XVG from my core wallet to the Bittrex exchange, Im waiting over an hour and its not even pending.

Wonder why?

XVG is so slow? Or what?




I transferred before a moment from online wallet to XVG wallet, it appeared within <10 seconds and confirmations (6) within 2 minutes... after a few minutes it was >80 confirmations.  Smiley

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