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It'll be interesting to see how seeding works; I'm still not clear on whether we'll need to pay for leeching and if it will be a leech>seeder transaction or if the tokens are just generated from people who seed?
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What are these transactions? Transaction Type: Other Newly Generated Coins: 0.00000000 Input: 0.00000000 Output: 0.00000000 Fee: 0.00000000 I'm not sure but I did see some large transactions take place over the time period. It includes PoS transactions as well as chat messages I assume. |
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Has anyone contacted torrentfreak.com with this project? https://torrentfreak.com/contact/They cover some super interesting torrent related stuff and seem to have some proper journalists working there. |
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Nice find coins, I wasn't aware that there was so many torrent users world wide, from the article: While JoyStream and vTorrent are yet to go live, when they do launch in early 2017 they will be able to immediately tap into 300–500 million existing BitTorrent users, compared to Netflix’s 90 million subscribers.
The potential to reach this existing global market of 300–500 million BitTorrent users has investors salivating at the prospect of backing start-ups that could be the future Netflix or Amazon Video.
This is from torrent freak, it was published in 2012, this is only two torrent clients: https://torrentfreak.com/bittorrent-surges-to-150-million-monthly-users-120109/When the dev finally releases vTorrent, anyone with 100K VTR is gonna be quite wealthy.  You have to keep reading till the end to see in 2012 there were around 250m BitTorrent users. "Based on the 150 million active monthly users BitTorrent Inc. reports for their clients, the total number of monthly BitTorrent users can be estimated at more than a quarter billion. And despite these already dazzling numbers, there is still plenty of room for growth." I think those numbers would have been dented by Kodi and Netflix. The idea of being able to completely control rights in any capacity is an idea high up in the clouds that will never, ever be achieved. So long as operating systems have BYO software and people can encrypt files there is no way to actually identify what people are consuming. A good example is Steam which simply made consumption a convenience--you pay and you get what you pay for easily, quickly and without hassle. This is what has to be tackled in the world of media. Which is why they go after the distributors or anyone they can claim to be a distributor. Kim.com didn't know what 100m people were loading into megaupload, but the service was taken down. YouTube is one of the biggest sources of pirated content yet you don't see it being taken down or the owners threatened with criminal action. They have a grand bargain with rights holders instead. They help distribute rights holders material and act on take downs, but it doesn't change the facts that YouTube still has more media copyright content infringements than bittorrent. So you have to atleast offer the functionality to enable rights holders a way to distribute their own material and collect royalties. Yes, but in every case the stupidity lies with the right's holders. In the case of YouTube many TV networks could've negotiated themselves a pretty penny with worldwide distribution rights--if they made available all the latest TV shows 24 hours after air and charged 50 cents a pop people wouldn't bother with BitTorrent. The problem is mostly that 50 cents a pop is great in concept, but in a lot of regions anything under a few dollars is prohitably expensive once you add transaction costs and overheads. Which is where bitcoin could come in at some point. I don't think its a bad idea to have options for rights-holders, I just think trying to get them to actually use it would be fairly futile. However, having said all that, if vTorrent is successful it will be different to the options that came before it because it won't be possible to take it down (in theory). Kazaa, Limewire, eMule, BitTorrent trackers (The Pirate Bay), Mega and all the other services that have come and gone all had central failing points. We're now engaged in a race to the bottom, whoever does it cheapest, quickest and easiest will come out as the winner. Rights holders will have to adapt to the technology and not the other way around. Lets hope that vTorrent launch is a success. |
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Nice find coins, I wasn't aware that there was so many torrent users world wide, from the article: While JoyStream and vTorrent are yet to go live, when they do launch in early 2017 they will be able to immediately tap into 300–500 million existing BitTorrent users, compared to Netflix’s 90 million subscribers.
The potential to reach this existing global market of 300–500 million BitTorrent users has investors salivating at the prospect of backing start-ups that could be the future Netflix or Amazon Video.
This is from torrent freak, it was published in 2012, this is only two torrent clients: https://torrentfreak.com/bittorrent-surges-to-150-million-monthly-users-120109/When the dev finally releases vTorrent, anyone with 100K VTR is gonna be quite wealthy. You have to keep reading till the end to see in 2012 there were around 250m BitTorrent users. "Based on the 150 million active monthly users BitTorrent Inc. reports for their clients, the total number of monthly BitTorrent users can be estimated at more than a quarter billion. And despite these already dazzling numbers, there is still plenty of room for growth." I think those numbers would have been dented by Kodi and Netflix. The idea of being able to completely control rights in any capacity is an idea high up in the clouds that will never, ever be achieved. So long as operating systems have BYO software and people can encrypt files there is no way to actually identify what people are consuming. A good example is Steam which simply made consumption a convenience--you pay and you get what you pay for easily, quickly and without hassle. This is what has to be tackled in the world of media. |
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I'm personally more interested in just seeing torrent functionality added for now, then other parts can be added later.
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Looks like we're moving into 1k satoshi territory.
That would give us a whopping marketcap of $70,000.  Well it did peak at ~3000 not too long ago, which would've been a ~200k USD marketcap. |
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Looks like we're moving into 1k satoshi territory.
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We are a curious bunch. What version POS is the coin at?
~ The Hive ~
v1 I believe v2 is scheduled for block 1.2m |
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So, what's the best way to move forward with the Chinese exchanges? I haven't really had a time to look into them just yet.
Probably keeping in mind that the Chinese are completely unaware of this coin and maybe by listing on a smaller exchange we could gather interest.
When there are articles being published about torrents and crypto, it needs to be posted to the Chinese sub-forum. Then it will be possibly picked up by local news and translated. somebody with Skype account should try to get in touch with btc38 on it, I think they will be happy to add world first coin with 2fa on their e change Is it possible to just request listing on a bunch of different exchanges? I've been really short of free time for past while otherwise I'd do it myself. |
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So, what's the best way to move forward with the Chinese exchanges? I haven't really had a time to look into them just yet.
Probably keeping in mind that the Chinese are completely unaware of this coin and maybe by listing on a smaller exchange we could gather interest.
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I've suggested it for C-CEX; if we put 0.5 BTC together we can get in the top 5 votes list easy.
let's get to I'll throw in 0.1BTC. Edit: Why not spend the 1BTC for an instant add? It will save waiting around for a vote you may not even win. I'll throw in 0.2BTC if four others will. Forget about c-cex, let's focus on chinese or other country exchange.. $50k > Polo > $10m edit  I think just remember that when vTorrent was on C-Cex it was a coin with no known features-- now its the first cryptocurrency to have 2FA within the wallet. It shows that the dev isn't just a pumper and that there are skills behind the project. |
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I've suggested it for C-CEX; if we put 0.5 BTC together we can get in the top 5 votes list easy.
let's get to I'll throw in 0.1BTC. Edit: Why not spend the 1BTC for an instant add? It will save waiting around for a vote you may not even win. I'll throw in 0.2BTC if four others will. Forget about c-cex, let's focus on chinese or other country exchange.. $50k > Polo > $10m edit I doubt polo would add until torrents are in place. I did not realize we used to be on c-cex. No I get the same feeling about polo; they rarely add coins and when they do they take their time about it. I think the Chinese exchanges are perhaps the most interesting to look at as well as perhaps Bitsquare as its a decentralized exchange (especially when you mention the naughty t-word having a decentralized exchange would be good). |
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VTR just listed on RAWX
Fill up those orders Also, this looks interesting. It has no volume on any of it's coins. It's a very new exchange based off the code from an old exchange; it's worth checking out. Also pnoch (the guy who supposedly helped develop 2FA hangs out on there). I believe they're looking at listing some more well-known coins which will likely drive volume up significantly. So although it may not be the most high-volume exchange, it is interesting to have it listed on a developing exchange. |
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I've suggested it for C-CEX; if we put 0.5 BTC together we can get in the top 5 votes list easy.
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Small bug report that is fairly inconsequential:
When staking my list of recent transactions on the overview page & transaction page never seems to update. The next time I reopen the wallet the new transactions are listed so staking works (I can tell because Windows puts a notification in the bottom corner everytime I get PoS) however in terms of display nothing happens.
Also in terms of the wallet I find it times out/lags a little and I'm using a very high-specced computer (i.e. 6 core/32GB RAM/GTX 1080/SSD/Windows 10.1). Perhaps it's Windows only that lags at this stage? I mean the wallet eventually recovers and doesn't actually crash or anything, but it doesn't look like its playing along as well as it could.
Understandably these are both low-priority issues but would be nice to see them addressed at some stage)
I have the same error, the transactions that are mined never show up in the transaction list (but they are added to the total) untill I load the wallet again, but transaction back and forth bittrex show up straight away. Also cyberhacker is on BCT, he posted a few times on this thread. Ok can we make a list of Chinese exchanges to request the coin on? BTC38.com and what others? I can happily contribute some BTC towards voting on this matter as I believe it will help this coin in the long run. Maybe not enough to get it accepted straight away but to at least give it a headstart. |
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