[XVC] Vcash (former [VNL] Vanillacoin) cryptocurrency unmoderated discussion

[TPTB_need_war]

This brings us back to the Cryptonote adaptive blocksize limit combined with a tail emission found in Monero where:
1) The cost of mining a block is set by the block subsidy

Correct, meaning the amount of hashrate miners spend will be equal to the block subsidy[1] (where block subsidy will ultimately be Monero's perpetual tail reward which is necessarily a fixed # of coins), because (as I pointed out in our prior discussion) transaction fees will trend to costs, due to that the median block size M_N will trend upwards to match market demand and thus there is no pricing power on transaction fees.

[1] Note this means the tail reward security of Monero will be very weak and insufficient.

2) The total amount in fees per block has to rise to a number comparable to, but most of the time smaller, than the block subsidy.

You wrote that before in our prior discussion:

The reason the above two scenarios do not apply to a Cryptonote coin with a tail emission such a Monero becomes apparent when one considers the economics of the total block reward components of fees and base reward (new coin emission). If the total in fees per block significantly exceed the base reward then it becomes economically attractive for miners to burn coins to the penalty by mining larger blocks. The block size rises until the total fees per block fall below a level where it is uneconomic for the miners to pay the penalty by increasing the blocksize. This level is comparable to the base reward. It is at this point where the need for a tail emission becomes clear, since without the tail emission the total block reward (fee plus base reward) would go to zero.

And it still doesn't make any sense to me. The block size will trend upwards to match transaction demand, because the penalty is driven to 0 as the median block size increases as  miners can justify burning some of the transaction fees to the penalty. That drives the median block size upwards, which drives the penalty to 0 again. The median block size doesn't have any incentive to decrease again, thus transaction fees then fall to costs.

Sorry as I told you before, Monero does not solve the Tragedy of the Commons in Satoshi's design. It does adaptively increase the block size while preventing spam surges.

I doubt John Conner's design has achieved any better, because as I explained at our prior discussion, there is no decentralized solution to that Tragedy of the Commons in the current proof-of-work designs. I have a solution, but it is a very radical change to the proof-of-work design that relies on unprofitable mining by payers.

[EmilioMann]

[TPTB_need_war]

What was your retort to my prior post? I only see a photo with some inconclusive claims.

[EmilioMann]

What was your retort to my prior post? I only see a photo with some inconclusive claims.

this is just a troll thread, if you really wanna talk about that with John Connor, go to official forum https://v.cash/forum/

[JamesOng]

XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now... 

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.

the question is why they created an unmoderated thread about Vcash?and i got it now...they know in their deep mind that Vcash is far more superior than Monero,and this thread is all about a place for FUDing Vcash.

[generalizethis]

XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now... 

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.

the question is why they created an unmoderated thread about Vcash?and i got it now...they know in their deep mind that Vcash is far more superior than Monero,and this thread is all about a place for FUDing Vcash.

https://bitcointalk.org/index.php?topic=1430839.msg14472374#msg14472374

[smooth]

XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now... 

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.

the question is why they created an unmoderated thread about Vcash?

For unmoderated discussion. Enjoy.

[generalizethis]

XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now...  

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.

the question is why they created an unmoderated thread about Vcash?

For unmoderated discussion. Enjoy.

The question is now, "Why are they threatened by an unmoderated thread?"

And this is absurd logic as it only accounts for the few that have posted on here about the need for an unmoderated thread, but highlights the absurdity of making "they" claims and making (or intimating) logically fallacies hinged on those claims.

[JamesOng]

XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now...  

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.

the question is why they created an unmoderated thread about Vcash?and i got it now...they know in their deep mind that Vcash is far more superior than Monero,and this thread is all about a place for FUDing Vcash.

For unmoderated discussion. Enjoy.

i smelt your fear and i did enjoy

[generalizethis]

First they ignore your unmoderated thread
Then they make fun of your unmoderated thread
Then they fight you unmoderated thread
Then you win

[bigfryguy]

XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now...  

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.

the question is why they created an unmoderated thread about Vcash?

For unmoderated discussion. Enjoy.

there are other unmoderated places to discuss Vcash, but bitcointalk is the playground of the OP so he needs to have unmoderated discussion here where all his friends can back him up.

[smooth]

XMR dev creates an unmoderated thread about another coin...

XMR shills pile in to prove how shitty bitcointalk has become..

There are already other unmoderated forums that aren't on bitcointalk, and although I would rather discuss things here, you guys really show me why it has moved.


I mean really doesn't the XMR shill army have enough places for them to wag their tongues by now... 

Oh well that's my rant, from now on I'll just come in to add weekly updates.  Have fun running an XMR thread about XVC.

the question is why they created an unmoderated thread about Vcash?

For unmoderated discussion. Enjoy.

there are other unmoderated places to discuss Vcash,

I'm not aware of any, but in any case, now there is one more.

[TPTB_need_war]

I'm not aware of any, but in any case, now there is one more.

Inability to appreciate and take advantage of free advertising is the disease of the incapable, insincere, selfish, and unrighteous.

“Sit in the place of honor at my right hand until I humble YOUR ENEMIES, MAKING THEM A FOOTSTOOL UNDER YOUR FEET”

[ArticMine]

...
Sorry as I told you before, Monero does not solve the Tragedy of the Commons in Satoshi's design. It does adaptively increase the block size while preventing spam surges.

I doubt John Conner's design has achieved any better, because as I explained at our prior discussion, there is no decentralized solution to that Tragedy of the Commons in the current proof-of-work designs. I have a solution, but it is a very radical change to the proof-of-work design that relies on unprofitable mining by payers.

I responded to this in the Monero Technical Discussion thread. https://bitcointalk.org/index.php?topic=1139756.msg14610651#msg14610651 I should point out that without a tail emission or something equivalent (for: example demurrage) to secure the coin I would predict that the coin will fail.

[TPTB_need_war]

...
Sorry as I told you before, Monero does not solve the Tragedy of the Commons in Satoshi's design. It does adaptively increase the block size while preventing spam surges.

I doubt John Conner's design has achieved any better, because as I explained at our prior discussion, there is no decentralized solution to that Tragedy of the Commons in the current proof-of-work designs. I have a solution, but it is a very radical change to the proof-of-work design that relies on unprofitable mining by payers.

I responded to this in the Monero Technical Discussion thread. https://bitcointalk.org/index.php?topic=1139756.msg14610651#msg14610651 I should point out that without a tail emission or something equivalent (for: example demurrage) to secure the coin I would predict that the coin will fail.

I had also replied here:

https://bitcointalk.org/index.php?topic=1183043.msg14599452#msg14599452

Note I may or may not be able to follow up more (e.g. in the Monero Technical Discussion thread), depending on my priorities. Eventually we will elucidate this issue fully.

[iCEBREAKER]

First they ignore your unmoderated thread
Then they make fun of your unmoderated thread
Then they fight your unmoderated thread
Then you win

Then they have epic butthurt and go crazy, ranting nonsense about something called STEEM.

 

According to http://coinmarketcap.com/currencies/vcash/#charts Vcash volume is drying up.

Time for Traum to move on to his next scam (WAVES).   

[smooth]

Interesting info about the Vcash node network:

How much nodes exist right now and what amount of vcash is needed to run one?

Currently there are about 340 nodes, 312 of them incentivised.. you needed 10k xvc to run one..

[smooth]

EDIT: This reply was deleted from a moderated Vcash discussion thread. It is otherwise unmodified.

Because it is actively getting fudded by the "old boys network". They saw the threat of it and started to shout that he was stealing code, while he made it from the ground up. They never gave any proof, but because the old boys were saying it, people started to believe it. But wat he is done right now is already revolutionary to the whole alt world. And now they are going to implement his code into theirs. How ironic.  

It is incorrect that no one gave proof. The proof is quoted here, including numerous specific code examples, including bugs that were copied along with the original reformatted code, and people with no obvious agenda besides not wanting to see basic disrespect of other people's work calling him out. I don't know what more "proof" than that there could be.

Vcash risks being thrown off exchanges as soon as one of the Bitcoin developers gets annoyed enough with it to have a cease and desist letter written by a lawyer instructing the exchange to stop using the code in violation of the license. Investors then risk holding the bag. But it's all a gamble, for now the Bitcoin devs are ignoring it, and the coin could pump first and you could get out with a profit. Have fun!

It is also certainly false (see above) that he made it "from the ground up". By stating that you are scamming investors who might believe  you and then lose money.

[smooth]

EDIT: This reply was deleted from a moderated Vcash discussion thread. It is otherwise unmodified.

Ah, there he is, roflmao. Picture is complete. Changed from sockpuppet to your own account bro? You are bringing old news and we don't give a damn about it. You people make the first letter of fud become alive haha

FYI, I have no sock puppet accounts, and have never used any sock puppet accounts.

It isn't "old news" because last I checked, the Vcash code was still violating the Bitcoin license. I haven't checked very recently though, if he has addressed the issue constructively you can let us know, although that still doesn't excuse the false claims about having been written from scratch or that he built it from the ground up.

[sockpuppet1]

The Devastation that man wrecks on himself (in short society is a power vacuum that requires a strong tyrant to beat the men into not defecting from the good of society):

Change the record you're boring

This forum has turned into a circus of lies and ponzi scams speculation:

https://bitcointalk.org/index.php?topic=1219023.msg14853958#msg14853958 (Vcash deleted posts)

Do not expect me to market anything which is "fair" to this audience. They don't want fair.

I am okay with that. Peace. You get yours and I'll get mine. That is the new world order you want.

Collectivism is a power vacuum and the argument is always about who gets to steal for and from whom.

Bernie: "Socialism can be repaired as long as I can be in charge of the stealing to insure it is fair".
Trump: "Stealing can be optimized if I am Dicktator-in-chief"
Clinton: "You'll tolerate my theft (for myself and my cronies) because as a Democrat I'll steal some for you too (and not remind you I funded it all by expanding an egregious future debt on your children's back)"

Stealing (scams, oligarchy, etc) is not the exception, rather it is the norm of human nature. Always will be.

The Lord warned us that this is the nature of man.

Don't forget the Iron Law of Political Economics.