1. The graphics in the initial OP don't represent how our current protocol works. (Proof of Stake-Time). PoST is a far more complicated system.
Technically it's now - "Network Stake Dependent Disinflation Targeted Interest". I know... quite a mouthful.
PoST Whitepaper -
https://www.vericoin.info/downloads/VeriCoinPoSTWhitePaper10May2015.pdf*Addendum with improvements to PoST coming soon.
2. For general information about VeriCoin please check out -
https://www.vericoinforums.com/threads/vericoin-fast-secure-and-rewarding.292/ 3. Yes. It's true. We will be back on BitCoinTalk shortly.
*Here's what I wrote in AltCoinUk's unmoderated VeriCoin thread -
Hi guys. We've never quit working on VeriCoin - in fact last year we were incredibly busy working on Proof of Stake-Time.
A few final touches and the protocol will be where we wanted it to be.
Then we'll move on to improve in other areas where we see shortcomings etc.
One of the most difficult things to have is - patience. We try our very best not to release anything if it's not fundamentally solid. Sure there will always be bumps along the way but - we just keep moving forward.
We have a pretty straightforward idea of where we're headed. Right now we're on the road to 2.0
When we cross that bridge we'll explain our next step - which is adoption and utility.
We will be back on BCT. And it will be unmoderated.
(With the exception for deleting obnoxious spam and really extreme allegations with no merit/evidence etc.)
It's true. I, personally, don't care for BCT. I recently went through Blackcoin's thread and it reminded me of how ugly it can be here.
Traders will do what they do but we have a pretty great Community. Plus the entire VeriCoin Team is awesome. Not perfect but genuinely good guys trying to solve genuinely difficult blockchain/privacy related problems.
So yeah - see everyone on BCT soon.
Regards,
Jay Jay
