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461  Alternate cryptocurrencies / Altcoin Discussion / Re: just a little heads up for those who want in on VNL incentive before collateral on: October 01, 2015, 12:33:37 AM
Is there a tutorial for basic set up

Only two days left before you need collateral, but here is a link on how to set one up

PEER MINING IS FANTASTIC!!!
https://bitcointalk.org/index.php?topic=1190741.0
462  Alternate cryptocurrencies / Altcoin Discussion / Re: VNL Incentive/Collateral Rewards for Superpeers. How To!!! on: September 29, 2015, 02:46:35 PM
Enforcement came into play yesterday with the release of 0.3.7

With taxes on miners one or most of the secret mining pools disappeared.

Those that are still mining are making way more coins again.
463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.7 MANDATORY UPD | Node Incentives | ZeroTime on: September 28, 2015, 07:53:24 PM
Sweet taxation for all lol
464  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.6 Beta | Node Incentives | ZeroTime on: September 28, 2015, 01:38:27 PM

you don't need any collateral for another week or three, kicks-in @ blk 220,000, i think. and i'd like to understand why the amount is so high also. Mammoth and Supercoin have decentralized coin mixers, colatteral for that system is 500 coin.



wait, what? We can just use an empty wallet as a superpeer at the moment?

At the moment we don't have master nodes. ...  collateral has nothing to do with that centralized version of cap
465  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.6 Beta | Node Incentives | ZeroTime on: September 27, 2015, 07:57:43 PM

Yah that is some nice progress, it is such a breath of fresh air to watch promises being worked on continuously.  So much different and more professional  than the last 10 projects I have watched

Thank you John
466  Alternate cryptocurrencies / Altcoin Discussion / Re: [EMUNIE] THE fastest crypto-currency on: September 27, 2015, 04:23:07 PM
Just throwing this out there..  the OP is misleading, it is not the fastest.

Other than that I love what you guys are doing.
 
467  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mine VNL by opening a Node... not just PoS an incentive reward for superpeers on: September 27, 2015, 02:20:12 AM
Nice helpful link

https://talk.vanillacoin.net/topic/212/running-some-extra-superpeer-out-of-a-vm-and-cheap-vps-vpn
468  Alternate cryptocurrencies / Altcoin Discussion / Re: VNL Incentive/Collateral Rewards for Superpeers. How To!!! on: September 27, 2015, 02:13:53 AM
Will be nice when enforcement takes effect, taxing those secret mining pools will feel satsfying.

Also herd is a link for how to set up more than 1 node

https://talk.vanillacoin.net/topic/212/running-some-extra-superpeer-out-of-a-vm-and-cheap-vps-vpn
469  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.6 Beta | Node Incentives | ZeroTime on: September 26, 2015, 11:13:49 PM
The price correction is almost over. During next month we'll have accumulation period. Cool

For all monero supporters, who read this thread, I repeat again - sell your XMR and buy VNL, you won't regret it Wink

Can you give some reasoning behind your prediction here?

Umm.     collateral, zero time,  darknet, incentives....   general market TA.

They all point towards a market shift soon, if it hasn't happened already.
470  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.6 Beta | Node Incentives | ZeroTime on: September 24, 2015, 04:41:32 PM
So many good things happening with this coin right now!!

First person to get 10 btc to the exchange to buy this up is going to be a wealthy SOB.
471  Alternate cryptocurrencies / Altcoin Discussion / Re: just a little heads up for those who want in on VNL incentive before collateral on: September 22, 2015, 04:10:20 PM

can you explain why the need of 9999 coins after block x?

with the collateral it looks kinda like pos with dynamic interest ( 1-40% ).

if i understood something wrong please feel free to explain.

It's not interest.  Interest remains at a low 0.7%.  Also, the coins aren't new.  They're a percentage of POW rewards.  Unlike masternodes, wallets with any amount can be a super peer (your random vanillacoin port must be open, it also has some uptime requirements, etc.), but if you have a super peer and you send 9999 collateral to the main address in one transaction, you are then eligible to receive node incentives.  Each super peer on a unique IP has a chance at the percentage of POW rewards.  Two super peers on the same IP should each get the percentage of POW rewards half as often as one super peer on a unique IP.  So if you have over 10,000 VNL and want more node incentives, you need more IP addresses.

Seems exactly like masternodes then.

Similar, but very different.

Masternodes are a point of failure being that they are the only nodes facilitating things like Darksend.  They are payed for and are the only nodes that do a specific job.
Super peers are unlimited in number, and they don't do anything different than peers, they just do it better and strengthen the network.

Collateral and reward are just a way of rewarding those nodes which have a vested interest in VNL and are helping to strengthen the network.

Masternodes quasi-centralize a system while Super peers just strengthen a decentralized network.
472  Alternate cryptocurrencies / Altcoin Discussion / Re: Smooth VS VNL on: September 22, 2015, 03:49:55 PM
VNL   400 Githup commits
vs smooth   Huh?.

VNL  solves every major currency problem in crypto 
vs smooth solves .... nothing

 TKO
VNL wins


473  Alternate cryptocurrencies / Altcoin Discussion / Re: just a little heads up for those who want in on VNL incentive before collateral on: September 21, 2015, 01:48:39 AM
The collateral is there to make sure that those receiving rewards after block 220000 have a vested interest in the well being of the network..

As said before anyone can run a super peer, but those that care enough to see vnl succeed will be rewarded.

Also it is a great way to remove coins from the exchange during early heavy reward inflation.

It just makes sense/cents.

One of the biggest obstacles of early coin development is the pressure large miner farms put on early investors, incentive helps to mitigate this problem passing on rewards to those that are strengthening the network.

This has been debated constantly in bitcoin.
474  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.6 Beta | Node Incentives | ZeroTime on: September 21, 2015, 01:39:45 AM
Another interesting thing to note, is that after 6 months no one has stepped forward to pursue this copyright infringement.


The anonymity of Satoshi nakamoto makes this virtually impossible.
Argument is moot.
475  Alternate cryptocurrencies / Altcoin Discussion / Re: Smooth VS VNL on: September 20, 2015, 09:04:20 PM
I remember in elementary school this kid took apart a watch, taped it back together and told everyone, "I made this watch."

John, is that you?

It's more like he took apart a watch, then gave him back a SPACESHIP!!!!
476  Alternate cryptocurrencies / Altcoin Discussion / Re: Smooth VS VNL on: September 20, 2015, 08:54:38 PM
Whatever people want to say about VNL

You have to admit...


It works better than all the other clone/shitcoins out there.

Sorry but I traded all my xmr to vnl weeks ago.
477  Alternate cryptocurrencies / Altcoin Discussion / Re: just a little heads up for those who want in on VNL incentive before collateral on: September 20, 2015, 08:02:23 PM
Thanks for this traumschiff


Quote from: traumschiff on September 18, 2015, 11:05:29 AM

PSA on the Node Incentives [FAQ]

Whate is the Node Incentives system?

The node incentive system has been introduced with the recent updates. Super Peers will get honored with a % of PoW in exchange for their honest work on the network

Paper: https://github.com/john-connor/papers/blob/master/incentive.pdf

Basic information (Wiki):http://vanillacoin.net/wiki/Technologies/Node%20Incentives.md

Progress thread: https://talk.vanillacoin.net/topic/207/incentive-system

Collateral algorithm: https://gist.github.com/john-connor/b6799efff326ff77d418

Reward algorithm: https://gist.github.com/john-connor/967ba7f7e9dd0ec1f7a9


When will the Node Incentives go live?

Node Incentives will go live with 1% of PoW reward with block 210,000. Estimated time: 09/19/2015 11:03:22 - 21h 12m 1s


What do I need to be able to get rewards?

- You will need a wallet with 9999 Vanillacoins when block height will be > 220,000

- Your router needs to have the port open that you have in your config.dat file (Windows: Local Disk (C:) > Users > Your User > AppData > Roaming > Vanillacoin)

- Your wallet needs to have a 15 min uptime currently (should be increased later)


What are the rewards?

The exact reward structure can be found in the links above, but the range is 1-40% of the PoW rewards


Do I need to unlock the wallet?

Unlock once after you sent the Vanillacoins needed, but you can relock it after


Any info about the Node Incentive via the wallet?

Type in console: getincentiveinfo


How much will system resources play a part in the incentive?

More bandwidth usage to spread the blockchain, & more daemon call (to send the blocks on the network)


What is the limitation for the Super Peers?

Only 1 Super Peer / IP adress is allowed
478  Alternate cryptocurrencies / Mining (Altcoins) / Mine VNL by opening a Node... not just PoS an incentive reward for superpeers on: September 20, 2015, 07:58:08 PM
Quote from: traumschiff on September 18, 2015, 11:05:29 AM

PSA on the Node Incentives [FAQ]

Whate is the Node Incentives system?

The node incentive system has been introduced with the recent updates. Super Peers will get honored with a % of PoW in exchange for their honest work on the network

Paper: https://github.com/john-connor/papers/blob/master/incentive.pdf

Basic information (Wiki):http://vanillacoin.net/wiki/Technologies/Node%20Incentives.md

Progress thread: https://talk.vanillacoin.net/topic/207/incentive-system

Collateral algorithm: https://gist.github.com/john-connor/b6799efff326ff77d418

Reward algorithm: https://gist.github.com/john-connor/967ba7f7e9dd0ec1f7a9


When will the Node Incentives go live?

Node Incentives will go live with 1% of PoW reward with block 210,000. Estimated time: 09/19/2015 11:03:22 - 21h 12m 1s


What do I need to be able to get rewards?

- You will need a wallet with 9999 Vanillacoins when block height will be > 220,000

- Your router needs to have the port open that you have in your config.dat file (Windows: Local Disk (C:) > Users > Your User > AppData > Roaming > Vanillacoin)

- Your wallet needs to have a 15 min uptime currently (should be increased later)


What are the rewards?

The exact reward structure can be found in the links above, but the range is 1-40% of the PoW rewards


Do I need to unlock the wallet?

Unlock once after you sent the Vanillacoins needed, but you can relock it after


Any info about the Node Incentive via the wallet?

Type in console: getincentiveinfo


How much will system resources play a part in the incentive?

More bandwidth usage to spread the blockchain, & more daemon call (to send the blocks on the network)


What is the limitation for the Super Peers?

Only 1 Super Peer / IP adress is allowed
479  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.6 Beta | Node Incentives | ZeroTime on: September 19, 2015, 06:00:25 PM
Seems like on weekends there are dumps while buy volume is low...

Someone is keeping this market grounded for now..

Next week collateral will be required, get ready to have the momentum swing
480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.6 Beta | Node Incentives | ZeroTime on: September 19, 2015, 01:15:08 AM
So we will be at 10% by the next reward reduction and 20% for the reduction after that?
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