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Hi everyone,
First of all, we wanted to apologize for the lack of communication in recent months and thank Flub for maintaining communication on the channel. We don't want to fool anyone, but Veco is here to stay. We are currently preparing a new wallet version based on the latest Dash source and we would like to implement yespower1.0.1(probably first), including superblock, governence.
Returning to VecoDEX at the moment we do not have enough funds to provide the required service that we would like. The construction of the new DEX is very complicated and time-consuming for a small team. Current regulations of cryptocurrencies, banks, do not quite support newly developing projects.
However, there are many more interesting possibilities that we are developing and can be used in the future.
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Hello Community During the last week we were asked about copyrights. At the beginning, we wanted to point out that Cryply has nothing to do with creating a YesPower source code, which can be found at https://www.openwall.com/yespower/. In preparation for the hard-fork, we were focused on working with the YesPower1.0 (Cryply uses YesPower0.9), the yespower.c file that is referred to is a file that in simple words, calls a second subroutine with no additional computation. The reason we have added Cryply's copyright to yespower.c, is the line of code that corresponds to timestamp of a given block: uint32_t time = le32dec (& input [68]); If you build a new cryptocurrency directly based on YesPower, there is no need to post Cryply's copyright and the above line of code may be omitted. In our case, after thoroughly studying, we take into account that we should add Cryply's copyright and also leave the copyrights of the YesPower authors as we did the first time, but also remembering that Cryply's copyright would not be needed when creating new cryptocurrency directly based on the YesPower1.0. We would also like to add that Veco is a fork from Dash Coin with YesPower1.0 algorightm. Many people doubt the power of the masternodes but we believe they are at the early stage of development and might become a very powerful economic tool in our future. We are currently working to implement Veco Evolution wich will be done in two stages. Also we are preparing to use masternodes for our future products like DEX or DAPPs... In addition we would also like to say that the majority of our (the community) pre-mined coins (500,000) are fully transparent for the project development, also the majority of developers coins will be locked for the next 2 years. To be fully announced very soon. |
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Firstly We would like to say thank you to the community – For your support and for helping other users on our journey to decentralisation.
We have had members of the community message us and ask why we are not using PoS.
We believe PoW and PoS have some advantages and disadvantages.
We are a fork of Dash Coin using the YesPower1.0 algorithm and it will stay like this as long as YesPower1.0 remains for CPUs only.
Will we go PoS or PoW/PoS?? Maybe in the distant future, but for now we are concentrating on being decentralised as much as we can.
YesPower1.0 seems to be the best one that can handle such encryption.
Only a small amount of research is needed to see where YesPower1.0 and its predecessors has been inspired from.
We are the 1st Coin which combined masternode and YesPower1.0 algorithm.
Below is a mini roadmap of the main priorities for Veco in the coming months.
We hope you like it.
Road Map 1.0
MNO – JAN
Whitepaper 1.0 – FEB/2019
New Website – FEB/2019
Mobile Wallet Android and iOS – FEB/2019
Marketing deployment – FEB/2019
VECO Evolution v2.x.x.x – Q1-Q2/2019 (MARCH-APRIL)
DEX - Decentralised Exchange – Q2-Q3/2019
DAPPs - Decentralised Apps – Q3-Q4/2019
Veco Governance Object – To be discussed with community but most likely Q3-Q4/2019
Actively looking for a New Exchanges - (Mainly Decentralised)
CoinMarketCap will be listed as soon as we have a new exchange as listing is FREE
We will keep on working as hard as we can and keep the community posted regularly.
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Just only a few days have passed passed after the fork and the exchanges listings and yet another great news! We are listed at Coin Gecko! https://www.coingecko.com/en/coins/vecoTake care! You deserve it! |
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Veco team is pleased to announce our first exchange listing of the year! This time our VECO coin has been listed on Crex24 with the initial trading pair of VECO-BTC. Happy trading!!! https://crex24.com/exchange/VECO-BTC |
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We would like to inform that the withdrawals were repaired on Finexbox. Withdraw fee for VECO has changed from 0.00001 BTC to 10 VECO.
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At the beginning, we wanted to say that the first block 56763 using the Yespower algorithm was mined on 3rd Jan 2019 at 18:26:41 GMT. The transition was very smooth thanks to all pool operators, miners and masternode holders. We are currently the first masternode project based on Yespower(true CPU algo) which has a lot to offer. All miners who have not yet changed the settings please follow the instructions on our official pool: https://pool.vecocoin.io/ Masternode owners who have not updated to the latest version will not get more payments. To update please follow the link below: https://github.com/VecoOfficial/masternode-script-veco Anyone who has not updated the wallet, please download the latest version and reindex the wallet: https://github.com/VecoOfficial/Veco/releases |
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VECO is now listed on https://www.finexbox.com/. Create an account and select VECO/BTC pair from the Finexbox exchange tab and start trading VECOCOIN! |
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We have updated macOS Wallet to the latest version(v1.1.0.0).
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Veco has decided to change the domain name from veco.info to vecocoin.io. Hardfork will take place on January 3, and we will be the first Masternode Project to use the Yespower algorithm(say no to GPUs, ASICs an NiceHash).
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Hello, Veco community. We want to announce that we have completed work on the new version of Veco 1.1.0.0. We announced last week, Veco will change the algorithm to Yespower 1.0 (true cpu algorithm). We encourage all full node operators (mining pools, masters, explorers etc.) to update ASAP. In addition, we introduced several updates for Veco 1.1.0.0 here they are: 1) New Yespower algorithm 2) Adjusted Block time to achieve 720 blocks per day (now around 650) 3) Fixed Bitcoin crash bug with duplicate contributions within a transaction [CVE-2018-17144] 4) New checkpoints added 5) Ported few Bitcoin updates (around 350 more to be added) 6) Change puffs to veffs 7) Some wallet GUI updates Link to the last version below: https://github.com/VecoOfficial/Veco/releases/tag/v1.1.0.0We would also like to announce that within few days we would have applied for a exchange and as soon as we are listed, the next application will be masternodes.online, unfortuneatly we can not apply to mno before we are listed on an exchange. We updating the project on a daily basis, for daily updates please follow our gtihub on the liink below: https://github.com/VecoOfficial/Veco/commits/master. Stay tuned for more updates coming real soon... P.s We can only apologize for the lack of activity on bitcointalk. We will now be more active and answer as many questions as we can. |
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Actually hoping well for this project! Keep it up team
n1ce project)
Thank you both! |
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ok , and do you want thailand translation?
Yes please, a member of the community has spoken  said as cut off! there's a saying! there is full confidence in the developers and my mining is configured to Veco from the first day
You've been an early-adopter member of our community and we will never forget that, thank you! |
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this coin is good to mine?
why first page all say it scam?
Given what we plan to achieve we think Veco is an amazing coin to mine, but obviously we are slightly bias. Whilst we can't speak for other people's opinions, we can assure you this is not a scam. We are here for our community everyday and will continue to be here forever to drive value, we are not going anywhere. Ahhum, I can assure you it is as close to scam as it gets. Anonymous newbie "team", no development since wallet release like all "yes" coins, and even not properly forked at GitHub, so that we cannot all see what you copy and pasted. Sure, if you are not american or western european, this is one the easiest ways to make a few thousand dollars with some copy and paste. I may even do it myself soon, with an anonymous newbie account of course. Is it allowed to say "go fuck yourselves you and your team" here? Hello - we (somewhat) understand your reservations, but from our view point, you've commented way too prematurely without conducting sufficient research which is a shame. A few points below to address your concern and message. Newbie Team We have been in cryptocurrency since 2013 and have several years of development experience. Just because we have a new account to communicate with our community with one voice, does not mean the team is actually a newbie to the space/industry or inexperienced. Development / Github Approximately 36 hours prior to your post, we made an announcement on Discord to our community highlighting the source code updates we are currently working and that they should expect the new release this coming week. In that announcement, we highlighted that the development team prefers working offline and uploading complete, tried and tested versions to Github. However, we had acknowledged that some community members prefer to see more commits on Github so they feel progress is being made. In order to move forward on this collectively, we asked the community to provide their opinions on this and the majority prefer completed versions to be uploaded to Github. Given the community's vote, we are going to follow this method going forward, until we and the community decide it is time to reassess. You can see the announcement here: https://discord.gg/MHG2nq Making your own coin We would actively encourage you to build your own project if you have the knowledge and passion to make it a success. Our view is that the more competition that is present in the market, the better chance we have for overall global adoption of cryptocurrencies and blockchain technology, and the healthier it is for the market as weaker projects should fade in favor of more robust platforms. Let us know if you create a project (we may even help you). Development team location We are based in Western Europe, in London to be exact, and we can provide evidence to support this. Our hope is that the facts (not opinion statements) mentioned above would neutralize your opinion on Veco. We can see you do not support Yes* algorithm coins, but we believe these coins and the algorithm are exceptional. We are all allowed to have opinions, but we would urge you to identify facts from opinion with a bit more research before jumping to strong conclusions. Wishing you all the best. Veco Team |
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I would love to translate to Filipino language if it is open. If it is open please reserve it to me. Thank you and good luck! More power to VECO!
Hello, please feel free to create a translation, welcome to the community is there any resource where the coin is presented for joint master nodes?
We are currently negotiating and working with a Masternode hosting and Masternode sharing provider. The team believes that we will be in a position to announce the official partnership within one week. Personally, I don't like CPU-mineable coins, because I can not mine them with my GPU-rigs.
Anyway, I will keep watching the topic, and wait till the day the coin listed on exchanges to buy it.
Innova exchange is a really strange one, which shown the link by Brand new account.
I will stay away of this one.
Thank you for the potential support and feedback regarding the exchange. We can confirm that our first exchange will be Crex24. The development team are (and have been) working on source code updates to release the new and latest version with a number of improvements before we list on the exchange. It is necessary we push these updates now to avoid additional costs and charges once we are listed on the exchange, as these funds can otherwise be used to fund other project development initiatives. this coin is good to mine?
why first page all say it scam?
Given what we plan to achieve we think Veco is an amazing coin to mine, but obviously we are slightly bias. Whilst we can't speak for other people's opinions, we can assure you this is not a scam. We are here for our community everyday and will continue to be here forever to drive value, we are not going anywhere. |
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Following this project since day one, team is very responsive. I want this project to go far, and there is no need to rush on exchange.
Thank you for joining as an early-adopter and your understanding. We have witnessed various projects that were very promising but subsequently failed due to listing on a wrong exchange which led to the project collapsing. The team are considering all decisions very carefully to become a leading project in the cryptocurrency industry so we believe patience is key to drive long-term value. my question is if the thread on the buy/sell ? and MN setting guide. can I use a domain name if I have a dynamic ip?
The process for listing on an exchange is progressing, we are looking into offering OTC trading in the interim. We have a MN setup script which is already on our Github here: https://github.com/VecoOfficial/masternode-script-vecoThajAfter first phase of masternode sell, will be possible to create a masternode for free (except VPS cost) if have 1000 coin? Yes you can create a Masternode as soon as you have 1000 VECO coins. |
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Hello everyone,
There were a couple of issues faced by all Yiimp based pools on our algorithm which occupied a lot of resources over the past few days as we sought the optimal solution and go forward strategy. We were, and still are, 100% committed to ensure we have the best and most robust foundation/platform as Veco continues its journey to become a leading cryptocurrency in the industry. In addition to resolving any issues as soon as possible, there has been a lot of development occurring in the background which will be announced in due course.
As we approach block 10081, Masternodes on our network will begin to get paid so we are going to provide immense support to the community in installing Masternodes (we have already built an easy to follow script, but we will be available to help all members of the community at any time).
Our journey has only just begun and we have a really great community that continues to grow everyday. We will always be here, everyday, to support them and drive value for Veco.
Veco Team
This is very good news, all will be better because without newbies who enter the project, success will not get. They are the main driver of the market now. If I understood everything correctly, will the algorithm continue to remain the same? We agree that new entrants are important, but also believe that the current community and early-adopters are just as important so we remain committed to everyone without any prejudice. Yes the algorithm will remain the same. |
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my question is if the thread on the buy/sell ? and MN setting guide. can I use a domain name if I have a dynamic ip?
The process for listing on an exchange is progressing, we are looking into offering OTC trading in the interim. We have a MN setup script which is already on our Github here: https://github.com/VecoOfficial/masternode-script-vecoUnfortunately you need to have a static IP address (otherwise the Masternode will disconnect and need to be setup again periodically) and you cannot use a domain name. wallet for mac osx?
The Mac wallet is available here: https://github.com/VecoOfficial/Veco/releasesI guess this project is already abandoned, the user who made main post have like last activity "Last Active: October 17, 2018, 01:17:00 PM", in plus, main pool isn't reachable.
The main pool is fully up and running and we are in the process of crunching the numbers to compensate the miners in our community who were on the official pool. We are working around the clock to build a solid platform, please join us on Discord to see ( https://discord.gg/Z7j9mz6) |
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