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VERGE - 140 (44%)
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Author Topic: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]  (Read 552823 times)
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fosco333
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February 17, 2016, 01:51:28 AM
 #161

For those still questioning why VERGE and it's solutions here is what one of the early Cypherpunks has to say regarding Bitcoin and in essence ALL other coins out there. (mind you they are also investing millions through VC for something VERGE is already doing)

Quote
The problem: Bitcoin is not private

The Bitcoin payment network offers a highly decentralized mechanism for creating and transferring electronic cash around the world. Unfortunately, Bitcoin suffers from a major limitation: since transactions are stored in a public ledger (called the “block chain”) it may be possible to trace the history of any given payment — even years after the fact. Worse, since the Bitcoin ledger is public, any party can recover this information and data mine to identify users and patterns in the transactions. In other words: Bitcoin transactions are conducted in public.

The Bitcoin protocol and clients address this in two ways: (1) all Bitcoin transactions are conducted using public keys as identifiers, and these public keys are not linked to individual names. And (2) Bitcoin clients are capable of generating many public keys (“identities”) to help users resist tracking. Unfortunately, a growing body of research indicates that these protections are insufficient. This information may allow data miners to link individual transactions, identify related payments, and otherwise trace the activities of Bitcoin users.

The most common solution to this problem is to use Bitcoin laundries – services that mix together many users’ bitcoins in order to obfuscate the transaction history. Laundries suffer from a number of potential drawbacks, however, as they must be trusted to return coins. Moreover a compromised or malicious laundry offers no anonymity.

All in all #XVG is something 99% think they have with Bitcoin or other coins but 99% doesn't know they don't have. So the potential for #XVG growth inside those who already use crypto-currencies is incredible not to mention those who will still be joining cryptos and later on will know they are completely exposed.
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CryptocurrencyNetwork
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February 17, 2016, 02:04:22 AM
 #162

For those still questioning why VERGE and it's solutions here is what one of the early Cypherpunks has to say regarding Bitcoin and in essence ALL other coins out there. (mind you they are also investing millions through VC for something VERGE is already doing)

Quote
The problem: Bitcoin is not private

The Bitcoin payment network offers a highly decentralized mechanism for creating and transferring electronic cash around the world. Unfortunately, Bitcoin suffers from a major limitation: since transactions are stored in a public ledger (called the “block chain”) it may be possible to trace the history of any given payment — even years after the fact. Worse, since the Bitcoin ledger is public, any party can recover this information and data mine to identify users and patterns in the transactions. In other words: Bitcoin transactions are conducted in public.

The Bitcoin protocol and clients address this in two ways: (1) all Bitcoin transactions are conducted using public keys as identifiers, and these public keys are not linked to individual names. And (2) Bitcoin clients are capable of generating many public keys (“identities”) to help users resist tracking. Unfortunately, a growing body of research indicates that these protections are insufficient. This information may allow data miners to link individual transactions, identify related payments, and otherwise trace the activities of Bitcoin users.

The most common solution to this problem is to use Bitcoin laundries – services that mix together many users’ bitcoins in order to obfuscate the transaction history. Laundries suffer from a number of potential drawbacks, however, as they must be trusted to return coins. Moreover a compromised or malicious laundry offers no anonymity.

All in all #XVG is something 99% think they have with Bitcoin or other coins but 99% doesn't know they don't have. So the potential for #XVG growth inside those who already use crypto-currencies is incredible not to mention those who will still be joining cryptos and later on will know they are completely exposed.

good quote Cheesy


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l8nit3
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February 17, 2016, 02:13:05 AM
 #163

So since this is a rebrand from DogeD , is there going to be a coin exchange from DogeD  to verge?  Or is it going to be a simple wallet switch with the new name? Eg. If I buy DogeD now will it 'autoconvert' to verge when new wallet is released?

GirlsToken2.0 - NEW DEV BCT ANN
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L8nit3-Miners YIIMP done different #GetMining
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Dogedarkdev
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February 17, 2016, 02:18:04 AM
 #164

So since this is a rebrand from DogeD , is there going to be a coin exchange from DogeD  to verge?  Or is it going to be a simple wallet switch with the new name? Eg. If I buy DogeD now will it 'autoconvert' to verge when new wallet is released?

yeah doged ARE verge, so just a wallet switch is all you need. you can even withdraw doged from the exchange, into your verge wallet =]

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [MULTI-ALGO] /////_
_///// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC /////_
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February 17, 2016, 02:19:20 AM
 #165

im kind of confused lol, this is what i got back from bittrex...

Hi,

Coin name changes are easy. Coin ticker changers are not easy and require us to do quite a bit of work on the back end. A coin ticker change will cost 2 BTC which is equivalent to the amount of work that goes in to making this change.

Please respond with how you would like to proceed.

Thank you,

Ryan

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [MULTI-ALGO] /////_
_///// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC /////_
CryptocurrencyNetwork
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February 17, 2016, 02:20:36 AM
 #166

im kind of confused lol, this is what i got back from bittrex...

Hi,

Coin name changes are easy. Coin ticker changers are not easy and require us to do quite a bit of work on the back end. A coin ticker change will cost 2 BTC which is equivalent to the amount of work that goes in to making this change.

Please respond with how you would like to proceed.

Thank you,

Ryan

um wow? wtf


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l8nit3
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February 17, 2016, 02:22:56 AM
 #167

So since this is a rebrand from DogeD , is there going to be a coin exchange from DogeD  to verge?  Or is it going to be a simple wallet switch with the new name? Eg. If I buy DogeD now will it 'autoconvert' to verge when new wallet is released?

yeah doged ARE verge, so just a wallet switch is all you need. you can even withdraw doged from the exchange, into your verge wallet =]
Ok sweet Smiley time to go buy up a bag of DogeD Cool wanna get in on Verge from the start of the re-brand at least

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February 17, 2016, 02:34:52 AM
 #168

I chatted with Richie on Slack - depends on how long it takes to change ticker, its not the blockchain its the backend. The fee is for backend work 1.5 - 3 BTC.


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February 17, 2016, 02:41:04 AM
 #169

I chatted with Richie on Slack - depends on how long it takes to change ticker, its not the blockchain its the backend. The fee is for backend work 1.5 - 3 BTC.

im discussing it with him right now. i dont have that kind of bitcoin to spend, nor will i pay anyone to do anything.. i already pay a ton just to keep doged/verge networks running and have hosts to build more resources.. maybe since we have 75 bitcoin in buy walls, he can work it out. it'll be in his best interest..

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [MULTI-ALGO] /////_
_///// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC /////_
CryptocurrencyNetwork
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February 17, 2016, 02:45:35 AM
 #170

I chatted with Richie on Slack - depends on how long it takes to change ticker, its not the blockchain its the backend. The fee is for backend work 1.5 - 3 BTC.

im discussing it with him right now. i dont have that kind of bitcoin to spend, nor will i pay anyone to do anything.. i already pay a ton just to keep doged/verge networks running and have hosts to build more resources.. maybe since we have 75 bitcoin in buy walls, he can work it out. it'll be in his best interest..

I will leave you two to chat then. I did ask if there was a possibility of waiving the fee.


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Dogedarkdev
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February 17, 2016, 02:49:59 AM
 #171

don't forget about faucet site to spread the words and built the community grow

like dogecoin did

ill have the new faucet game back up very soon =]

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [MULTI-ALGO] /////_
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February 17, 2016, 03:01:48 AM
 #172

I chatted with Richie on Slack - depends on how long it takes to change ticker, its not the blockchain its the backend. The fee is for backend work 1.5 - 3 BTC.

im discussing it with him right now. i dont have that kind of bitcoin to spend, nor will i pay anyone to do anything.. i already pay a ton just to keep doged/verge networks running and have hosts to build more resources.. maybe since we have 75 bitcoin in buy walls, he can work it out. it'll be in his best interest..

I will leave you two to chat then. I did ask if there was a possibility of waiving the fee.

Should be waived for our 1 year anniversary at Bittrex on 02202016
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February 17, 2016, 03:03:08 AM
 #173

I chatted with Richie on Slack - depends on how long it takes to change ticker, its not the blockchain its the backend. The fee is for backend work 1.5 - 3 BTC.

im discussing it with him right now. i dont have that kind of bitcoin to spend, nor will i pay anyone to do anything.. i already pay a ton just to keep doged/verge networks running and have hosts to build more resources.. maybe since we have 75 bitcoin in buy walls, he can work it out. it'll be in his best interest..

If need be I would be willing to make a small donation towards the fee.

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February 17, 2016, 03:13:44 AM
 #174

im kind of confused lol, this is what i got back from bittrex...

Hi,

Coin name changes are easy. Coin ticker changers are not easy and require us to do quite a bit of work on the back end. A coin ticker change will cost 2 BTC which is equivalent to the amount of work that goes in to making this change.

Please respond with how you would like to proceed.

Thank you,

Ryan

That's silly - a name change fee is not a fee listed or contemplated on the "Fees" page (1) OR the most recent "Submitting A Coin" terms-page. (2)  In fact, Bittrex coin launch terms state that their work for launching a coin, whether due to a new launch or a name change, etc., is "free":

Quote
At Bittrex, we look for coins that have high community demand, innovations to digital currency technology, or a contribution to science or humanity. Given the demand for currency launches, we limit ourselves to only a handful a week.  Launching is free and at our discretion.  If you'd like to guarantee the launch of your coin and get additional marketing in our platform, we offer the option to spotlight your coin for 3.0 BTC.    
(2)

It should be too late to distinguish one type of coin launch from another. Note: I realize a "coin launch" may not be the same as a "name change" for some folks. Unfortunately, Bittrex's terms do not define a name change or provide any terms related to name changes. They do have some terms on "launches." And, what is a re-brand/namechange if not a re-set of sorts?  Consequently, it seems totally reasonable to treat name changes as a sub-category of coin launches. Likewise, it seems reasonable to expect name changes to be treated as part of the launching process. In future, Bittrex will need to develop terms for maintenance time and service work if they want to charge for it.    

(1) https://stage.bittrex.com/Fees (http://archive.is/DBmME).
(2) https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex-Updated-11-16-15  (http://archive.is/SmSc5).


CryptocurrencyNetwork
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February 17, 2016, 03:14:51 AM
 #175

I chatted with Richie on Slack - depends on how long it takes to change ticker, its not the blockchain its the backend. The fee is for backend work 1.5 - 3 BTC.

im discussing it with him right now. i dont have that kind of bitcoin to spend, nor will i pay anyone to do anything.. i already pay a ton just to keep doged/verge networks running and have hosts to build more resources.. maybe since we have 75 bitcoin in buy walls, he can work it out. it'll be in his best interest..

If need be I would be willing to make a small donation towards the fee.

I would be willing as well, but I think it should be waived considering the amount of fees trex will get once DOGED is renamed to XVG


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February 17, 2016, 03:19:56 AM
 #176

If Bittrex want's BTC for a ticker change, does that mean all exchanges will request the same. Huh

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [SCRYPT] /////_
_//// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC ////_
Dogedarkdev
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February 17, 2016, 03:23:50 AM
 #177

If Bittrex want's BTC for a ticker change, does that mean all exchanges will request the same. Huh

no of course not, most have already responded and said they will make it happen.

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [MULTI-ALGO] /////_
_///// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC /////_
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February 17, 2016, 03:28:35 AM
 #178

I am trying to come up with a marketing idea for when the name change officially hits the exchange Bittrex where we have the highest volume.

We should create a contest to win some Verge or a Gift Card. We could all donate some funds to a Dev address. If we could all invest 10$ to 20$, I am sure we could come up with a nice prize.

Any contest idea?






I think that i could do something like this to VERGE : https://www.youtube.com/watch?v=6VFopiRaXwQ
what do u guys think?
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February 17, 2016, 03:32:07 AM
 #179

I'm jumping late in here but I've been talking to the dev and want to sum of what I told him:

We charge for swaps and renames for 2 reasons...

1) its very time intensive to do these renames/swaps.  For better or worse, that is how the system is designed.  Its purposefully difficult to change anything in the system that messes with audit ability.
2) for a while we had people "rescuing" old coins and "rebranding" them for nefarious purpose.  The fee was implemented to slow that down.

We implemented a policy that any renames/swaps would incur a fee. I just had to charge the LIMX folks for the same thing today, and thats after they paid for a spotlight to get listed.

For me to waive anything would be unfair to the other coins that we have forced to do this.  The best i can do is reduce the fee to 1.5 ...  If you choose not to go that route, I'll be happy to close the market and let people withdraw and we will re-evaluate the re-listing of XVG after we close down DOGED.

thanks
richie@bittrex



Looking for the best exchange? -> https://bittrex.com
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February 17, 2016, 03:34:20 AM
 #180

i would be willing to make a donation to help

i would make an opening donation of 0.10 BTC

14 more donations of that size and it is sorted  Wink

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [SCRYPT] /////_
_//// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC ////_
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