Coindesk press release just approved and paid for, should be published soon!
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We are in submission process for press release on coindesk. Among other things we have planned.
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Phase 2 so far has brought in 791,021.25 VRC
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ICO Phase 2 current total = 791,021.25 VRC
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Hey guys, Will be posting total brought in so far later today. Our dev handling the ICO is working on it. Will probably put a live count on ICO page as well.
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Go to file menu and choose reload blockchain.
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One of the most powerful security features of PoWT is because the block time is dependent on computational power, in the case of a fork, any chain without the most power will have a slower block time. This ensures the majority computational power will always become the longest chain.
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One of the most powerful security features of PoWT is because the block time is dependent on computational power, in the case of a fork, any chain without the most power will have a slower block time. This ensures the majority computational power will always become the longest chain.
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A cool thing regarding the VRC/VRM market is you have to add value to get into VRC or VRM, via buying or mining, but you don't have to take value to get out via VRC/VRM pair. Not that majority will do this but the fact that the option to not take value exists at all in a exit, is significant.
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sounds awesome So will verium be in any exchange, or only accept vrc
We are going to work on getting a VRC/VRM trade pair on exchanges, bittrex is interested in working that out with us so far. Exchanges may also do VRM/BTC pairs, but our focus is to get VRC/VRM pairs.
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How much VRM will be available in Phase 2? Another 350k is available in second phase. If less than 3.5m VRC come in, then due to the 10 VRC/VRM minimum, less than 350k will be sold. In which case it will be even more scarce than 30x lower supply initially. Will take ~5 years minimum to reach 10x lower supply parity than VeriCoin via mining. So 10 VRC/VRM is also a very good deal for a very scarce reserve with a novel protocol. um, what is the difference between VRC and VRM? you can buy VRC from POLO but no VRM?? See first page for details: https://bitcointalk.org/index.php?topic=602041.msg6633326#msg6633326
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VeriCoin wallet 1.6.5.1 now available: www.vericoin.info or "Check for Update" in wallet. This is a feature update which allows the import of Android wallet private keys into the desktop wallet.
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VeriCoin wallet 1.6.5.1 now available: www.vericoin.info or "Check for Update" in wallet. This is a feature update which allows the import of Android wallet private keys into the desktop wallet.
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How much VRM will be available in Phase 2? Another 350k is available in second phase. If less than 3.5m VRC come in, then due to the 10 VRC/VRM minimum, less than 350k will be sold. In which case it will be even more scarce than 30x lower supply initially. Will take ~5 years minimum to reach 10x lower supply parity than VeriCoin via mining. So 10 VRC/VRM is also a very good deal for a very scarce reserve with a novel protocol.
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