So what's the next step after Segwit is activated? we have to wait until another coin activate to start swaps? or how VTC pretend to take advantage of be the first coin in implement this feature? any plans?  We have plans to test/ implement the lightning network shorty after SegWit it activated. We are looking to get about 20k VTC in donations to make this happen quickly .We are a little over halfway there . Donations are appreciated. Vertcoin Address VpBsRnN749jYHE9hT8dZreznHfmFMdE1yG |
|
|
|
Same bounties as listed on the ANN. Thanks for the relay post though |
|
|
|
"Please update wallets immediately to avoid losing coins"
I don't understand this part. It's a softfork right?
Are people really losing coins or is it just something to say to make people update?
If that's it, haha pretty creative I guess.
I think it's just hyperbole to get people to update, but maybe miners could get screwed if they don't update? miners will not be forked off of the network. Segwit uses BIP9 versionbits Well with wrong code they hard forked their coin the last time. Everyone had to downgrade. So I'm asking, is this the Segwit with wrong code & just hardfork because YOLO or is it a cool marketing stunt? Well after we reach the 75% threshold the new rules will activate and old version blocks will start to be orphaned, so there is a danger of coin loss if you don't upgrade your wallet. This is the release with the correct code. Softfork means it is backwards compatible with old wallets. So are we hardforking (not compatible with old wallets) instead of softfork now? Old wallets will continue to sync with the chain and be able to issue transactions but newly generated blocks coming from old wallets (ie blocks with nVersion 4 or less) will no longer be accepted as valid after activation. This is the same behavior as Bitcoin/Litecoin. But Bitcoin/Litecoin don't advertise with upgrade now otherwise you will loose coins. What you are saying in ELI5: It is not mandatory to upgrade but recommended. Except for the solo miners and pools. Normal users (non miners) won't be generating new blocks hence they can stay on old wallets. Why do you give them the suggestion that they will loose coins? The warning is for everybody. Like James said If exchanges,miners, and pools are using old wallets they will continue to sync with the chain and be able to issue transactions but newly generated blocks coming from old wallets (ie blocks with nVersion 4 or less) will no longer be accepted as valid after activation. This is the same behavior as Bitcoin/Litecoin. In short you could be getting blocks or coins on the old wallet , but if you transfer them to a new wallet they would be rejected, hence how you could loose coins. Thank you for taking the time to explain. I hear what you are saying but having difficulties to understand. How come the warning is only for vertcoin users and not for Bitcoin/Litecoin users? Are you saying that if Bitcoin/Litecoin users on old wallet (pre segwit wallet) transfer coins to new wallet (segwit wallet) they could loose coins? I looked it up on https://bitcoincore.org/en/2016/10/27/segwit-upgrade-guide/ and it says: Full nodes prevent their users from accepting any blocks that violate any of Bitcoin’s consensus rules. In a soft fork upgrade such as segwit, new rules are added, and any nodes that don’t upgrade won’t know about those new rules. This is not a problem: the segwit soft fork is designed to allow non-upgraded users to continue using Bitcoin the same way they did before the soft fork. If you don’t want to upgrade to segwit and you aren’t a miner, you may simply continue using your current full node software. Segwit is implemented as a soft fork, so you don’t need to upgrade. You also don’t need to upgrade any wallets that connect to your full node; they will continue working as they did before (see the wallet section below for details). I don't think the behaviour is the same for Bitcoin/Litecoin. It is the same behavior, they just aren't as close as us. From the link you provided under not upgrading : "However, if you accept transactions with fewer blocks of confirmation (such as a single block or two), please note that after a soft fork activates, there is a small increased risk that full nodes which don’t upgrade will temporarily accept invalid blocks. The situation will resolve itself within a few blocks as upgraded miners continue to enforce the new segwit consensus rules, but there is no guarantee that transactions shown as confirmed in the invalid block will continue to be confirmed in valid blocks." |
|
|
|
|
I've listed some bounties for making mining and p2pool setup guides . 400vtc per guide
|
|
|
|
sending some more hash in the next few days, we may get it to activate soon at this rate
Thanks ! I saw that. That's quite the hashrate you have . How many cards you have ? only a couple myself, im renting the rest to bump it up a bit. looks like a few other people are today also which is great Yep, I joined today too with rented power, want to make this SegWit happen. You guys are great! Thanks for your support! |
|
|
|
sending some more hash in the next few days, we may get it to activate soon at this rate
Thanks ! I saw that. That's quite the hashrate you have . How many cards you have ? |
|
|
|
"Please update wallets immediately to avoid losing coins"
I don't understand this part. It's a softfork right?
Are people really losing coins or is it just something to say to make people update?
If that's it, haha pretty creative I guess.
I think it's just hyperbole to get people to update, but maybe miners could get screwed if they don't update? miners will not be forked off of the network. Segwit uses BIP9 versionbits Well with wrong code they hard forked their coin the last time. Everyone had to downgrade. So I'm asking, is this the Segwit with wrong code & just hardfork because YOLO or is it a cool marketing stunt? Well after we reach the 75% threshold the new rules will activate and old version blocks will start to be orphaned, so there is a danger of coin loss if you don't upgrade your wallet. This is the release with the correct code. Softfork means it is backwards compatible with old wallets. So are we hardforking (not compatible with old wallets) instead of softfork now? Old wallets will continue to sync with the chain and be able to issue transactions but newly generated blocks coming from old wallets (ie blocks with nVersion 4 or less) will no longer be accepted as valid after activation. This is the same behavior as Bitcoin/Litecoin. But Bitcoin/Litecoin don't advertise with upgrade now otherwise you will loose coins. What you are saying in ELI5: It is not mandatory to upgrade but recommended. Except for the solo miners and pools. Normal users (non miners) won't be generating new blocks hence they can stay on old wallets. Why do you give them the suggestion that they will loose coins? The warning is for everybody. Like James said If exchanges,miners, and pools are using old wallets they will continue to sync with the chain and be able to issue transactions but newly generated blocks coming from old wallets (ie blocks with nVersion 4 or less) will no longer be accepted as valid after activation. This is the same behavior as Bitcoin/Litecoin. In short you could be getting blocks or coins on the old wallet , but if you transfer them to a new wallet they would be rejected, hence how you could loose coins. |
|
|
|
There is almost no doubt that Segwit will be adopted by the network. But the position of large exchanges is unclear. It's time to contact them. Polo is a great lover of classics  Exchanges have been contacted. Polo said they would update |
|
|
|
Monacoin is going to softfork from march 8. https://monacoin.org/en/download.htmlBIP68, BIP112, and BIP113 soft fork BIP141, BIP143, and BIP147 soft fork Activation for the segwit soft fork is being managed using BIP9. At the beginning of the first retarget period after segwit's start date of 8 March 2017 miners can update the Monacoin client to Monacoin Core 0.13.2 to signal for segwit support. When a super-majority of 75% is reached segwit is activated by optional, and if 75% of blocks within a 10,080-block retarget period (about 10.5 - 14 days) signal support for segwit, after another 10,080 blocks, segwit will be required. I love monacoin community.... Please update... sorry. I am not very good at English. Any monacoin devs around ? If so pm me . Us at vertcoin would like if you went auxpow . |
|
|
|
Vertcoin is GPU Mineable Bitcoin
Verthash is currently in testing What is Vertcoin?
Vertcoin is different. Unlike many other coins you will see on this forum, Vertcoin has a purpose, a goal which drives the community and developers to constantly innovate. Committed to the decentralisation Satoshi originally dreamed of, Vert has consistently evolved over time to combat the threats to this dream. As a result, one of our main features is ASIC resistance, having forked successfully to a new proof of work algorithm called "Lyra2RE" upon discovering that Scrypt-N ASICs were being developed, and Lyra2reV2 after discovering a botnet. We believe that by keeping the mining process in the hands of those with generalised, low-risk, consumer grade hardware, we can lower the entry requirement for miners, increasing the number of individuals mining the coin which in turn leads to true decentralisation. Our primary innovationsCurrent hashing algorithm: Lyra2REv3Old White paper: https://vertcoin.org/downloads/Vertcoin_Lyra2RE_Paper_11292014.pdfOur revolutionary new proof of work algorithm, designed to be ASIC resistant at its core, made its debut at block 208301. In addition, responding to calls from our miners, Lyra2RE has a ~15% power usage reduction on X11. Lyra2RE has replaced Scrypt-N, our previous proof of work and a Vertcoin innovation in itself, in order to defeat the ASIC miners that were released for it. The fork has successfully been carried out, once again making Vertcoin a decentralised, ASIC-free zone and fulfilling Vertcoin's promise to hard-fork if an ASIC threat becomes apparent, a promise which Litecoin made, but didn't deliver on. Getting startedWalletsVertcoin core- https://github.com/vertcoin/vertcoin/releases https://github.com/vertcoin/electrum-vtc/releases/Source: https://github.com/vertcoin/vertcoinPool Software P2Pool: https://github.com/vertcoin/p2pool-vtc/releases/tag/v0.0.1-rc2stratum-mining: https://github.com/Crypto-Expert/stratum-miningMiners AMD/ATI: https://github.com/nicehash/sgminer/releasesnVidia: https://github.com/sp-hash/ccminer/releasesCPU: https://github.com/tpruvot/cpuminer-multi/tree/linuxTechnical Details:Algorithm: Lyra2REv3 Max Coins: 84 million. Block time: 2.5 minutes Subsidy halves every 840,000 blocks (~4 years) Difficulty Re-Target Time: Every block with KGW algorithm Block Rewards: 25 coins per block Premine - None There is no premine except three, normal blocks done to test the network (150 coins). You can use the block explorer below to look them up. Unlike many other coins, no one has received a large amount of free coins to dump on an exchange. Merchants accepting VTC (there are many)
http://www.reddit.com/r/vertcoin/comments/2kgl3w/merchant_monday_october_27_2014/PoolsP2Pool Node Scanner http://scanner.vtconline.orgIt is recommended that you mine on P2Pool as it helps to decentralize the network, there are often no fees and no account is required. Dev-run p2pool node http://pool.vtconline.orgGive Me Coins http://give-me-coins.com/vertcoin-poolMining Pool Hub https://vertcoin.miningpoolhub.com/Coinotron https://www.coinotron.com/app?action=ChartNoLogon&span=0&type=C&name=VTCList of p2pool nodes https://bitmakler.net/mining_VertCoin-VTC__poolsAlways Hashing p2pool http://vtc.alwayshashing.com:9171/static/ZPool https://www.zpool.caExchangesShapeshift: https://shapeshift.ioPoloniex: https://poloniex.com/exchange#btc_vtcBittrex https://bittrex.com/Market/Index?MarketName=BTC-VTCLiteBit.eu: https://www.litebit.eu/en/buy/vertcoinExplorersDev-run block explorer http://explorer.vtconline.orgBitinfocharts https://bitinfocharts.com/vertcoin/vertcoin.info http://explorer.vertcoin.info/bchain.info https://bchain.info/vtc/How To MineWindows Nvidia- https://www.youtube.com/watch?v=bQw64NLydwYWindows AMD video- https://www.youtube.com/watch?v=blOXZnIoigU&feature=youtu.beWindows AMD text- https://pastebin.com/g6hYJzHRUbuntu AMD - https://pastebin.com/Db3Q8GbLUbuntu Nvidia - https://www.youtube.com/watch?v=XdWr9pB5p_QSetup your own p2pool
Windows guide : video : https://www.youtube.com/watch?v=InQ3sWkrirwtext guide: https://gist.github.com/veqtrus/e2b7c34d9c8b3ad285209ae1b13ca2b2Ubuntu guide: video: https://www.youtube.com/watch?v=DBwuCALkf1UActive Developers & TeamJamesl22 / Zemrys: / Etang600 / Jk_14 / Gert-jaap / PKnight / Turekaj / CryptoPlankton Contact discord: https://discord.gg/vertcointwitter : https://twitter.com/Vertcoinreddit : http://www.reddit.com/r/vertcoin/IRC : #vertcoin on freenode |
|
|
|
Not many people understand Russian in here, he might be talking about his cat for what i could understand. can anybody who understand russian clarify this? or maybe the CEO himself? thanks Y'all should know that this is a good opportunity for some to cause fear and panic. With this bounty distribution confusion there are some would want to drive the price down. * edit Is it me that i noticed that all of the quoted above are wearing edgeless account, is it a coincidence that probably only 1 person is doing this lmao. This is sad. If you are a larger investor in the ICO like I was , you lost about 40%. You should never loose after an ICO. If you sold at a 40% loss, that's your own stupidity and you deserve to lose. You're not an investor when you sell the investment you made only a few months after making it... you're a speculator. You haven't even given the project time to get going yet, LH Tokens or LaborX are still in the works and you should have known from the ICO - especially if you are a larger investor as you claim - that there is expected to be at least a year until the ball really gets rolling, and yet you expect to be profiting from your "investment" already. You're more like a scalper that bought tickets for a show that didn't sell out and now you're whining about not being able to unload the tickets. I didn't sell anything yet . You expect for your investment to be worth atleast what you put into it especially an ICO.( Or what's the point ?) You don't buy a share of stock for $30 and receive a share worth $15 do you ? Do they tell you to hold onto that stock and it'll be worth more one day ? Nope . |
|
|
|
In every ICO there are winners and losers, therefore always remember never invest more than what you can't afford to lose.
That's right. Invest in ICO or anywhere always have a risk to lose your money I agree with you don't invest you can't afford to lose it. I never invest what I can't afford to lose . Still disappointing . You'd think they would have released a dedicated wallet before the coins .The devs must be dumping |
|
|
|
Not many people understand Russian in here, he might be talking about his cat for what i could understand. can anybody who understand russian clarify this? or maybe the CEO himself? thanks Y'all should know that this is a good opportunity for some to cause fear and panic. With this bounty distribution confusion there are some would want to drive the price down. * edit Is it me that i noticed that all of the quoted above are wearing edgeless account, is it a coincidence that probably only 1 person is doing this lmao. This is sad. If you are a larger investor in the ICO like I was , you lost about 40%. You should never loose after an ICO. |
|
|
|
sorry, i missed a lot, but. What about segwit on VTC?
Trying to activate it . Need 75%. One big miner with about 30% is holding us back |
|
|
|
sorry for question - will segwit be at VTC? and when?
Yes segwit will be on vertcoin. When depends on how fast pools and miners upgrade their wallets. You can track the progress here: https://vtconline.org/sf.html |
|
|
|
ok, got it straight with 0.11.0.1 except nothing works smooth.
can't import old keys, only wallet.dat made in 0.11.0.1 works in 0.11.0.1,
will wait until dust settles itself
Before we released 0.11.0.0 we released a final pre-segwit wallet version . You have to update the wallet from v0.10.1.0. Keys and such from older wallets aren't backward compatible. We made a blog update about it. https://vertcoin.org/wp/wallet-update-v0-10-1-0/ |
|
|
|
IMPORTANT!!In order not to lose any coins, update to the latest wallet immediately! https://github.com/vertcoin/vertcoin/releases/tag/v0.11.0.1Remember to backup your wallet.dat before you update!Especially these addresses: VrnVLcJ7tNCSjMcSmG5p31XQowCLqqvG2F VkE3N4HcYfHWAAUi3fbWhY5kjmhUov8e1t VqPsxd2QKA8Rr3jXeCVZ4UeRFBLs5hiN5T VaGABWTp62kLtwrVYgxWK32dA5ATkm6Mzu hmmm, which one is which ? 30.2-i686-w64-mingw32 30.4-x86_64-w64-mingw32 could you please post more regular set of files with clean structure. tbh nobody gives a shit about that segwit business except for geeks and those pretending to be, at least for now. take your time, and make things straight...plz... Which wallet are you looking for ? Also, we are the geeks that care about this kind of stuff .  |
|
|
|
I have downloaded the latest wallet, but it crashed. Am i doing something wrong? :-(  Which wallet is that ? |
|
|
|
|
Show Posts
