[ANN] [VBK] [PoP/PoW] VeriBlock: Securing the World's Blockchains Using Bitcoin!

[annapotpot]

need to pay 0.001 btc for make it work ?

what do you mean by that ? as far as i know it was a testnet,the balance and everything will be reset in the future
please read it;

NOTE: The software available for download below is for the VeriBlock testnet blockchain.
The network (and all address balances) will be reset prior to official mainnet launch.

so you do not need to pay anything because it's testnet for Veriblock blockchain.
or i might be wrong in here ?

I believe you still need an address with a balance.

@Dev do you have any ETA on the launching of your main net so we can setup our mining pool?

[skyler06]

need to pay 0.001 btc for make it work ?

what do you mean by that ? as far as i know it was a testnet,the balance and everything will be reset in the future
please read it;

NOTE: The software available for download below is for the VeriBlock testnet blockchain.
The network (and all address balances) will be reset prior to official mainnet launch.

so you do not need to pay anything because it's testnet for Veriblock blockchain.
or i might be wrong in here ?

that was for the step in POW where he say press enter for pay 0.001 btc or Q to exit

ty

[wendelllee]

Looks promising project. Try to understand the tech behind. Keep watching and Good luck

[jacko0088]

Looks like I see a new coin here with an new type algo. It's on my watchboard now.

Does this coin have something to do with vericoin?

IT DOES NOT.

Cool thing dev but please specify that this has nothing to do with VRC/VRM. Because peoples in slack are gettin pretty confused and just started come over us! Thanks! 

[yahoobingo]

will watch more longer

[3dyx]

i will keep this thread. waiting new update for mainnet launching. good luck dev

[janmenklooten]

https://github.com/VeriBlock/nodecore-releases/releases

Thank you!

To the devs: I've got everything working with a CPU. When will GPU-mining be activated?

[shotfirst001]

looks interesting, keep sharing updates

discord would be helpful for the community

[yahoobingo]

Guys now it is testnet. it is useless coins before mainnet   think before you start mine it for long time and profit

[KhunChan]

Extraction on the processor is working, it is not clear how pop in the test network to check and extract on video cards.

[Vorksholk]

There are no nodecore zip files available on the github page, only read.md?

Check out https://github.com/VeriBlock/nodecore-releases/releases and click on the latest .zip "all" release (nodecore-all-testnet-0.1.0.zip)

need to pay 0.001 btc for make it work ?

This is for PoP mining, which is the mechanism by which the VeriBlock blockchain secures itself to the Bitcoin blockchain. VeriBlock testnet is secured to Bitcoin testnet, and anyone can act as a PoP miner on VeriBlock testnet by spending a nominal quantity of testnet Bitcoin coins in order to publish the current state of the VeriBlock testnet blockchain to the Bitcoin testnet blockchain. Right now, Bitcoin testnet transaction fees are incredibly low.

Do not spend any 'real'/mainnet Bitcoin on PoP mining VeriBlock testnet; not only are testnet coins considered to be devoid of value, but testnet VeriBlock tracks the testnet Bitcoin chain rather than the mainnet Bitcoin chain (so PoP transactions done to mainnet Bitcoin on behalf of testnet VeriBlock will not be accepted by VeriBlock testnet anyway).

See:

need to pay 0.001 btc for make it work ?

what do you mean by that ? as far as i know it was a testnet,the balance and everything will be reset in the future
please read it;

NOTE: The software available for download below is for the VeriBlock testnet blockchain.
The network (and all address balances) will be reset prior to official mainnet launch.

so you do not need to pay anything because it's testnet for Veriblock blockchain.
or i might be wrong in here ?

Javi is correct in that the VeriBlock blockchain is currently in testnet. However, anyone wanting to test the new consensus feature introduced by VeriBlock (Proof-of-Proof mining) needs to spend testnet Bitcoin (not mainnet Bitcoin) to do PoP mining on behalf of VeriBlock testnet (thereby securing VeriBlock testnet to Bitcoin testnet).

help
(no connection) > Commands:

Did you start a local instance of NodeCore and  type "connect 127.0.0.1:10500" to connect to that local instance first?

Looks like I see a new coin here with an new type algo. It's on my watchboard now.

Does this coin have something to do with vericoin?

IT DOES NOT.

Cool thing dev but please specify that this has nothing to do with VRC/VRM. Because peoples in slack are gettin pretty confused and just started come over us! Thanks! 

Added a note at the bottom of the ANN about the difference between the VeriBlock and  VeriCoin/Verium projects.

https://github.com/VeriBlock/nodecore-releases/releases

Thank you!

To the devs: I've got everything working with a CPU. When will GPU-mining be activated?

You are currently mining coins on the VeriBlock testnet. Upon release of the VeriBlock mainnet, a GPU miner will be publicly available.

looks interesting, keep sharing updates

discord would be helpful for the community

Thanks for your interest in VeriBlock! We currently have several social media channels available (check out veriblock.org for the most recent list).

Extraction on the processor is working, it is not clear how pop in the test network to check and extract on video cards.

PoW on VeriBlock behaves similar to PoW on other blockchains; blocks are mined by miners consuming significant computational resources.

PoP, however, is an entirely new form of mining; PoP miners publish the current state of the VeriBlock blockchain to the Bitcoin blockchain (or currently, the state of VeriBlock testnet to Bitcoin testnet), and by doing so earn a mining reward for helping VeriBlock inherit Bitcoin's security.

[Mike6000]

Is it basically to solve the issue of a large amount of data on bitcoins using a hybrid PoW and PoP system? Keep an eye on this project.

[yahoobingo]

NOTE: The software available for download below is for the VeriBlock testnet blockchain.
The network (and all address balances) will be reset prior to official mainnet launch.
WHY people so crazy for air know？

[timstall]

Looks like I see a new coin here with an new type algo. It's on my watchboard now.

Does this coin have something to do with vericoin?

IT DOES NOT.

Confirmed. VeriBlock (VBK) is a brand new coin.

[Vorksholk]

Is it basically to solve the issue of a large amount of data on bitcoins using a hybrid PoW and PoP system? Keep an eye on this project.

That's one aspect of the project; by creating a 'tree-of-chains' structure, VeriBlock + PoP enable a large ecosystem of blockchains to proliferate because they can operate with a similar security context as Bitcoin, while 'paying' Bitcoin and its miners for the privilege.

NOTE: The software available for download below is for the VeriBlock testnet blockchain.
The network (and all address balances) will be reset prior to official mainnet launch.
WHY people so crazy for air know？

It's for people who are interested in the technology and/or want to have experience setting up and interacting with VeriBlock prior to it's actual mainnet launch; think of this like a practice run for people who will want to be involved in the mainnet.

[Mike6000]

Is it basically to solve the issue of a large amount of data on bitcoins using a hybrid PoW and PoP system? Keep an eye on this project.

That's one aspect of the project; by creating a 'tree-of-chains' structure, VeriBlock + PoP enable a large ecosystem of blockchains to proliferate because they can operate with a similar security context as Bitcoin, while 'paying' Bitcoin and its miners for the privilege.

Dev. it is an interesting project. Just have a discussion about these issues on my post: https://bitcointalk.org/index.php?topic=3138706.0 . It seems your project to give a good solution if demonstrated and accepted by the community.

[albanes]

DEV YOU CAN SAY WHEN THE BASIC NETWORK WILL BE LAUNCHED?

[zyrenhufalar11]

 hope will premine some coins or it will be a fair launch !ill keep my eye on to it

[P4ndoraBox]

Will the coin be minable with antminer A3 ?

"Block Generation Protocol: Proof-of-Work (PoW) Mining w/ vBlake"

[congatoiloi]

stands out compared to the majority of new coins coming
cool