Bitcoin Forum
August 01, 2015, 03:33:15 AM *
News: New! Latest stable version of Bitcoin Core: 0.11.0 [Torrent]
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 680 »
  Print  
Author Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer  (Read 854469 times)
Vertcoin
Full Member
***
Offline Offline

Activity: 168


View Profile

Ignore
January 08, 2014, 12:30:46 AM
 #1

                   

Download logo (vector) : https://www.dropbox.com/s/pa4pil2ggyd51yv/vert_roundel_logo_18_02_14.svg    

Official website : https://vertcoin.org

Last News

Vertcoin | Stealth Address | Release
http://www.reddit.com/r/vertcoin/comments/29jjcb/vertcoin_stealth_address_release/

Announcing Vertlet - Vertcoin Wallet for iOS
http://www.reddit.com/r/vertcoin/comments/28ugnu/announcing_vertlet_vertcoin_wallet_for_ios/

What is Vertcoin?

Vertcoin is a cryptographic currency, similar to Bitcoin and Litecoin, with one major difference.  As the forerunner of the digital currency movement, the original Bitcoin developers were unable to perceive all potential threats that would arise to challenge it's mission as a decentralized currency.  

Millions of dollars were spent by various companies to build application specific integrated circuit (ASIC)  computers in an attempt to monopolize mining.  These devices made it so GPUs and CPUs were no longer useful in the mining process.  As a result, the vast majority of Bitcoin mining and transactions would now be processed by large data centers that required hundreds of thousands, or millions of dollars in investment.

Now that Bitcoin computational power is handled almost entirely by large data centers, the currency has rapidly changed from a distributed, decentralized currency, to one that is much more centralized and vulnerable.  Companies such as Cex.io are routinely hitting 40% PoW computational power on a daily basis, and will soon be able to perform 51% attacks at will, if they so choose.

Due to the problems ASIC chips brought on the digital currency platform, a new currency, Litecoin was created.  Litecoin attempted to utilize the Scrypt hashing algorithm, which is more memory intensive than SHA256, to deter ASIC use.  As of January 2014, there are now Scrypt ASIC chips being deployed by the Chinese for mining.  So far, around 1000 Mhash of Gridseed ASIC chips have been brought online and used on the litecoin and middlecoin.com network.

The Chinese chips have not been released on the greater market at large, but eventually they will, and the same problems that SHA256 currency faces will come to the Litecoin and other Scrypt currency networks next.

Where does Vertcoin fit into this?

Scrypt was utilized by Litecoin to try and deter ASIC use because large memory requirements are the best way to try and make ASIC financially unfeasible.  Litecoin held out for a while, but the original memory requirements in the barebone litecoin distribution were just not high enough to lock out ASIC completely.  

Vertcoin has now been released as the logical evolution of Litecoin and introduces what's known as "Adaptive N-Factor".  The N-factor component of Scrypt determines how much memory is required to compute the hashing functions.  Vertcoin N-factor increases with time to stay one step ahead of any possible ASIC development.

For the long, foreseeable future, GPU computing will be the fastest method of computation for Vertcoin, but CPU computation will eventually make gains as N-factor increases.


Due to the large demand for having a more ASIC proof currency ( https://bitcointalk.org/index.php?topic=359323.0 ), Vertcoin was created using Litecoin as a base, and has an adaptive N-factor applied based on the timestamp of blocks generated.  Instead of using a fixed value of 10, such as Litecoin does, the Vertcoin N-factor begins at 11 and gradually increases over time using the following schedule:

| N        | Memory | Timestamp   | Date/Time                     |   |
|----------|--------|-------------|-------------------------------|---|
| 2048     | 256 kB | 1389306217  | Thu, 09 Jan 2014 22:23:37 GMT |   |
| 4096     | 512 kB | 1456415081  | Thu, 25 Feb 2016 15:44:41 GMT |   |
| 8192     | 1 MB   | 1506746729  | Sat, 30 Sep 2017 04:45:29 GMT |   |
| 16384    | 2 MB   | 1557078377  | Sun, 05 May 2019 17:46:17 GMT |   |
| 32768    | 4 MB   | 1657741673  | Wed, 13 Jul 2022 19:47:53 GMT |   |
| 65536    | 8 MB   | 1859068265  | Tue, 28 Nov 2028 23:51:05 GMT |   |
| 131072   | 16 MB  | 2060394857  | Tue, 17 Apr 2035 03:54:17 GMT |   |
| 262144   | 32 MB  | 2463048041  | Sun, 19 Jan 2048 12:00:41 GMT |   |
| 524288   | 64 MB  | 2999918953  | Fri, 23 Jan 2065 06:49:13 GMT |   |
| 1048576  | 128 MB | 3536789865  | Wed, 28 Jan 2082 01:37:45 GMT |   |
| 2097152  | 256 MB | 5684273513  | Mon, 16 Feb 2150 04:51:53 GMT |   |
| 4194304  | 512 MB | 7831757161  | Sat, 07 Mar 2218 08:06:01 GMT |   |
| 8388608  | 1 GB   | 9979240809  | Thu, 25 Mar 2286 11:20:09 GMT |   |
| 16777216 | 2 GB   | 16421691753 | Fri, 19 May 2490 21:02:33 GMT |   |
| 33554432 | 4 GB   | 22864142697 | Sun, 15 Jul 2694 06:44:57 GMT |   |

Technical Details:
Algorithm: Scrypt-N
Symbol :  VTC
Max Coins: 84 million vertcoins.
Block time: 2.5 minutes
Subsidy halves every 840,000 blocks (~4 years)
Difficulty Re-Target Time:  Every block with Kimotos Gravity Well algorithm
Block Rewards: 50 coins per block


Premine - None
There is no premine except three, normal blocks done to test the network (150 coins).  You can use the block explorer below to look them up.  Unlike many other coins, no one has received a large amount of free coins to dump on an exchange.


Explorer
https://explorer.vertcoin.org
http://cryptexplorer.com/chain/VertCoin
http://t-ut.obi.vg/chain/Vertcoin
http://bitinfocharts.com/vertcoin/explorer/

Graph & Statistics
http://graph.vertcoin.org

How to Mine
    
1)  GPU mine using CGminer modified for Vertcoin support (currently fastest method):
   1.  Windows Version https://vertcoin.org/downloads/vertminer-0.5.3.zip
   2.  Source code for both Windows and Linux https://github.com/Bufius/vertminer-gpu
 
   Build HOWTO for vertminer: https://vertcoin.org/gpu-miner-build-howto.html
 
   IMPORTANT: Please note that the Vertcoin algorithm requires different GPU settings, and that you will attain, at most, 50% of the normal hashrate that you would get mining a normal scrypt coin. Everyone else will also of course have at most half their normal hashrate, so you will remain equally competitive and mine the same "slice of the pie" as you normally would.
    In particular, you will need a --thread-concurrency setting of around 70% your normal setting. There is a GPU settings thread at https://bitcointalk.org/index.php?topic=416572.new#new that may help with setup, and if you are setting up on a GPU type that no-one has posted settings for yet, it would be appreciated if you would post your GPU type, settings and hashrate achieved in that thread.


2)  GPU mine using CUDAminer modified for Vertcoin support
   1.  Windows 64 bit Version https://vertcoin.org/downloads/CudaminerWin64.zip
   2.  Source code for both Windows and Linux https://github.com/cbuchner1/CudaMiner
   3.  OSx Build of CUDAMiner https://vertcoin.org/downloads/CudaminerOSx-Aleks_N.zip
        Requirement : CUDA toolkit 5.5 and "--algo=scrypt:2048" command
    
3)  CPU mine using CGminer or CPUminer modified for Vertcoin
   1. Windows version https://www.amazon.com/clouddrive/share?s=D_fMD9YnSuMm5b8Ldi-jiA
   2. Source https://github.com/Bufius/cpuminer-vert
    
4)  CPU mine with wallet (currently slowest method):  
   1. Open Vertcoin Wallet
   2. Choose Help
   3. Select Debug window
   4. Select Console
   5. Type “setgenerate true <number of thread(s)>”
   6.  type  "getmininginfo" to see hashrate

List of Pools

Pre-built p2pool private node:
https://github.com/Paul-Bradley/EasyNode

p2pool list:
http://coin.cubeconnex.com/poollist/

Vertcoin Mining Calculator
http://www.verters.com/vertcoin-mining-calculator
http://daft.cc/vertcoin/
http://www.coinwarz.com/cryptocurrency/coins/vertcoin

Wallet
Windows installer package: https://github.com/vertcoin/vertcoin/releases/download/v0.8.7.3/vertcoin-0.8.7.3-win32-setup.exe
Windows plain (non-installer) zip: https://github.com/vertcoin/vertcoin/releases/download/v0.8.7.3/vertcoin-qt.exe
Windows daemon: https://github.com/vertcoin/vertcoin/releases/download/v0.8.7.3/vertcoind.exe
Mac OS X: https://github.com/vertcoin/vertcoin/releases/download/v0.8.7.3/Vertcoin-v0.8.7.3-Qt.dmg
Linux Binary i386: https://github.com/vertcoin/vertcoin/releases/download/v0.8.7.3/linux_32.zip
Linux Binary amd64: https://github.com/vertcoin/vertcoin/releases/download/v0.8.7.3/linux_64.zip
Github: https://github.com/vertcoin/vertcoin

Ubuntu users can now install from our PPA in addition to building from source;

sudo add-apt-repository ppa:vertcoin/ppa && sudo apt-get update
sudo apt-get install vertcoin

Please consider contributing your signatures to our build validation process - https://github.com/vertcoin/gitian.sigs.vtc


Paper Wallet
https://paperwallet.vertcoin.org/
http://www.printpaperwallet.com/?design=alt-vertcoin
https://github.com/vertcoin/paperwallet
https://github.com/transcoder/printpaperwallet


Trading and Exchanges
https://coinedup.com
https://poloniex.com/market.php?currencyPair=BTC_VTC
https://coin-swap.net/
https://www.coinmarket.io/market/VTCBTC
https://openex.pw/index.php?page=trade&market=105
https://www.cryptsy.com/markets/view/151
https://cryptx.io
https://bter.com/trade/vtc_btc
https://bter.com/trade/vtc_cny
https://vircurex.com/welcome/index?alt=btc&base=vtc&locale=en
https://www.swisscex.com/
https://coinex.pw
https://c-cex.com/index.html?p=vtc-btc
https://bittylicious.com/
https://bittrex.com/
https://cryptoaltex.com/index.php?page=trade&market=29
https://bleutrade.com/exchange/VTC/BTC
https://prelude.io/
https://www.vaultofsatoshi.com/
https://comkort.com/
https://agx.io/
https://bleutrade.com/exchange/VTC/BTC
https://www.allcrypt.com/market?id=232
https://coinaccel.com/#market/35
https://coinaccel.com/#market/79
https://www.mintpal.com/market/VTC/BTC

Where can I spend Vertcoin ?
http://www.allin.pt/
http://www.lotwin.com/
http://www.cryptosextoys.com/
http://vertcoindice.com
http://vertcoincasino.com
http://www.coingas.com (Steam Games)
http://www.cleverpuffin.com/ (Web Hosting)
http://bitgild.com (gold seller)
https://vtc-dice.com

Contact
facebook : https://www.facebook.com/vertcoin
twitter : https://twitter.com/Vertcoin
reddit : http://www.reddit.com/r/vertcoin/
IRC : #vertcoin on freenode
forum : http://vertcoinforum.com/

Media
Followthecoin : http://www.followthecoin.com/interview-creator-vertcoin/
MadBitcoins : http://www.youtube.com/watch?v=RJvDIJ0Hr2A
Vertcoin: About to Go Vertical? : http://www.holynerdvana.com/2014/01/vertcoin-about-to-go-vertical.html
http://www.ibtimes.co.uk/bitcoin-litecoin-dogecoin-more-all-report-heavy-losses-wake-shrem-arrest-1434099
http://www.cryptocoinsnews.com/2014/01/28/interview-fluffypony-open-rigs-owner-long-time-miner/
http://coinchomp.com/2014/02/02/a-brief-introduction-to-vertcoin/
http://www.ibtimes.co.uk/cryptocurrency-news-round-vertcoin-surge-continues-mt-gox-frustration-builds-1435175
http://www.ibtimes.co.uk/bitcoin-litecoin-dogecoin-vertcoin-how-buy-cryptocurrency-1435435
http://uk.news.yahoo.com/vertcoin-soaring-cryptocurrency-set-surpass-bitcoin-165058275.html
http://www.dcmagnates.com/lets-get-vertical-how-vertcoin-spiked-over-800-in-2-days/
https://medium.com/p/225f5a2d4f93
http://www.cryptocoinsnews.com/2014/02/20/vertcoin-developer-paul-bradley-talks-zerocoin-asic-resistance/
http://www.cryptocoinsnews.com/2014/03/08/vertcoin-active-coin/
http://www.bbc.co.uk/news/technology-27143341
http://finance.yahoo.com/news/vertcoin-cryptocurrency-continues-market-expansion-175100313.html
http://www.cryptocoinsnews.com/news/great-cryptocurrency-anonymity-debate-intensifies-vertcoin-tests-stealth-addresses/2014/06/11
http://www.ibtimes.co.uk/cryptocurrency-round-vertcoin-stealth-addresses-dogecoin-foundation-2-0-silk-road-auction-1454874



Credit

1. r0ach (David Muller):  Site write-up, technical explanation of the coin, it's features, and the problems facing BTC/LTC that Vertcoin addresses
2. Bufius:  port of cgminer and cpuminer to Vertcoin
3. Aleks_N: CGMiner Windows builds, OSx and Windows 64 bit build of CudaMiner
4. foxill1: logo design
5. candidakefyr: for providing the beautiful Vertcoin blockchain explorer
6. Cryptomancer: for creating Reddit for Vertcoin
7. sang: for creating #vertcoin on IRC
8. instacash: for compiling the souce code for Mac OS X version 0.8.6.1
9. bengt: for compiling the souce code for Mac OS X version 0.8.6.2
9. ziga: for creating first pool for Vertcoin
10. DarkriftX: for creating vertcoin.com for providing Vertcoin pool list
11. donschoe: for creating vertcoin p2pool list
12. boris_the_spider: for implementing KWG algorithm, building windows wallet, fixed various bugs, paper wallet, web design, outreach and publicity

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
COINROYALE BITCOIN CASINO GET UP TO 1 BTC FREE Use Code: FORUM100 PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1438399996
Hero Member
*
Offline Offline

Posts: 1438399996

View Profile Personal Message (Offline)

Ignore
1438399996
Reply with quote  #2

1438399996
Report to moderator
1438399996
Hero Member
*
Offline Offline

Posts: 1438399996

View Profile Personal Message (Offline)

Ignore
1438399996
Reply with quote  #2

1438399996
Report to moderator
1438399996
Hero Member
*
Offline Offline

Posts: 1438399996

View Profile Personal Message (Offline)

Ignore
1438399996
Reply with quote  #2

1438399996
Report to moderator
VST
Member
**
Offline Offline

Activity: 70

Activity: 6201360213601060620620192233720368547758


View Profile

Ignore
January 08, 2014, 12:59:25 AM
 #2

Actual programming? In MY coin?

This looks kinda cool. I'm gonna keep myself posted

I'm Kanye West
Vertcoin
Full Member
***
Offline Offline

Activity: 168


View Profile

Ignore
January 08, 2014, 01:01:26 AM
 #3

I will upload code to Github before tomorrow. Let's me test the code first Smiley

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
VST
Member
**
Offline Offline

Activity: 70

Activity: 6201360213601060620620192233720368547758


View Profile

Ignore
January 08, 2014, 01:10:25 AM
 #4

You should put that logo in the first post, and Vertcoin in big letters!


I'm Kanye West
kvip
Newbie
*
Offline Offline

Activity: 8


View Profile

Ignore
January 08, 2014, 01:15:40 AM
 #5

Goooood.
Xaltotun
Sr. Member
****
Online Online

Activity: 260



View Profile

Ignore
January 08, 2014, 01:25:11 AM
 #6

400 years in the future, my garbage can should have 256 Gig of memory. Cheesy
Vertcoin
Full Member
***
Offline Offline

Activity: 168


View Profile

Ignore
January 08, 2014, 02:51:06 AM
 #7

You should put that logo in the first post, and Vertcoin in big letters!



Thank you for your recommendation.

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
spiffcow
Full Member
***
Offline Offline

Activity: 210


View Profile

Ignore
January 08, 2014, 02:58:17 AM
 #8

Nice!
nocoin
Full Member
***
Offline Offline

Activity: 168


View Profile

Ignore
January 08, 2014, 03:15:54 AM
 #9

Miner
Currently, it does not support pool-mining. Only solo mining available. ( I hope "pooler" or other people will consider making the cpuminer support the algorithm soon. )
It shouldn't be hard. Will you disclosure algo some time before launch? I think the only thing required is CBlock::GetHash() code.
Vertcoin
Full Member
***
Offline Offline

Activity: 168


View Profile

Ignore
January 08, 2014, 03:18:47 AM
 #10

Miner
Currently, it does not support pool-mining. Only solo mining available. ( I hope "pooler" or other people will consider making the cpuminer support the algorithm soon. )
It shouldn't be hard. Will you disclosure algo some time before launch? I think the only thing required is CBlock::GetHash() code.

Sure, I will upload it before tomorrow. Currently, we are testing in testnet to mark sure it can generate block and other things.

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
mcgirbaud
Newbie
*
Offline Offline

Activity: 21


View Profile

Ignore
January 08, 2014, 03:30:49 AM
 #11

Finally, something that isn't a blatant cash-in. Eagerly waiting the white paper/tech specs.
x50x
Newbie
*
Offline Offline

Activity: 26


View Profile

Ignore
January 08, 2014, 03:45:38 AM
 #12

Glad to see another coin getting away from just scrypt. I'm definitely interested.
spiffcow
Full Member
***
Offline Offline

Activity: 210


View Profile

Ignore
January 08, 2014, 04:01:30 AM
 #13

reserved!  I really hope this takes off, it's been too long since a coin has actually had something novel to offer.
Manwe
Full Member
***
Offline Offline

Activity: 196


View Profile

Ignore
January 08, 2014, 05:00:18 AM
 #14

Sounds great.
ocmoho
Full Member
***
Offline Offline

Activity: 132



View Profile

Ignore
January 08, 2014, 07:08:18 PM
 #15

mining.
Looks like an awesome coin. I'll be in.

LTC donations! - LTWirBNCvfxTUx8XUNgAXHUjybshERACQa
HeatWare: http://www.heatware.com/eval.php?id=34554
Nullu
Hero Member
*****
Offline Offline

Activity: 490


View Profile

Ignore
January 08, 2014, 07:10:06 PM
 #16

Sounds interesting. We need more unique coins.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
freet0pian
Full Member
***
Offline Offline

Activity: 149


View Profile

Ignore
January 08, 2014, 09:51:21 PM
 #17

Well this is 100% more interesting than the previous 50 coins =)

░▒▓█ welcome to freet0pia █▓▒░
e521
Full Member
***
Offline Offline

Activity: 196


View Profile

Ignore
January 08, 2014, 09:53:19 PM
 #18

This sounds good, at least something interesting about it.
Hopefully no pool will ruin the party :-)
See you at launch!

instacash
Sr. Member
****
Offline Offline

Activity: 406



View Profile

Ignore
January 08, 2014, 09:53:33 PM
 #19

Vert?
andrealandia
Hero Member
*****
Offline Offline

Activity: 588


View Profile

Ignore
January 08, 2014, 09:55:15 PM
 #20

So is CPU only?
no Gpu ecc?
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 680 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!