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iGoodw1n
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June 29, 2014, 07:51:54 AM |
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[Official] AMA With Vertcoin Developers 6/29
Good afternoon Vertans!
I would like to announce an AMA with the Vertcoin Developers starting tomorrow, 6/29/2014, @ 11AM CST. I will be primarily monitoring and responding to the AMA thread, but others will jump in if I don't have an answer.
I will start a separate thread tomorrow at the schedule time.
Spread the word!
Cheers,
a432511
http://www.reddit.com/r/vertcoin/comments/29co5j/official_ama_with_vertcoin_developers_629/
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Jiggy0001
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June 29, 2014, 09:50:08 AM |
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oh fuck... who is dumping the price so much??? we are at 0.0007 and MP depth chart says it will be at 0.0005 soon  |
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jwinterm
Legendary
 Offline
Activity: 3038
Merit: 1107
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June 29, 2014, 11:04:29 AM |
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I think temporary closed-source is something darkcoin did right. We should do this too. Only until it's widely accepted that we were the first stealth coin - then open it up. It would be far too easy for someone to steal our thunder right now.
+1Meh, I sold all my darkcoin at 0.01 because it was announced they would keep it closed source for the foreseeable future. I'd probably do the same for vert. That's not something I want to support. That means you sold (drk) less than what it is currently worth. You are suggesting we dump our vertcoin for this pathetic price as well? Pro trading tips right there...LOL. I'm not suggesting what anyone should do, just saying what I will do. I don't support closed source, and I'm certainly not putting it on my machine(s). |
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Lucky - Luciano
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June 29, 2014, 12:23:17 PM |
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Let's me summarize for you.
1. Scrypt-N ASIC, We have looking for another algorithm already. We have planed to implement it in GPU and CPU miner after we released Stealth Addresses.
2. Multiple PoW, In order to change to the new algorithm, it must be smooth transition as much as possible. We have planed to implement multiple PoW from Scrypt-N to the new algorithm. According to the plan, it will be Scrypt-N -> New Agorithm + Scrypt-N -> New Algorithm.
3. Multipool & Inflation, We still discussing the solutions with team members to find the best way to solve it, but it will do nothing until we released Stealth Address.
4. Stealth Address, It is in progressing.
Thanks,
bushido
That would be first multi-PoW coin, am I right? OK, but current situation insists for being open-minded... Why this above can't be done a bit more flexible? Scrypt-N -> Scrypt-N + X11 (or X13 or X15, whatever) -> New Algorithm + Scrypt-N + X11 -> New Algorithm This first change should be done as soon as posible, this would give us more time for good choice of New Algorithm and maybe for a best 'GPU only PoW' worldwide contest (vide: SHA-3 case for instance) btw: "Have you determined Ethereum's proof of work algorithm, and is it possible to describe in laymans terms? 
A: We are planning on holding a contest in the style of NIST's AES contest for both the academic and open source communities to participate in. Our goal is to offer a large bounty for the first team to produce (...)
However, our latest line of thought is a memory-hard proof of work based the blockchain data itself. The precise algo would be: H = SHA3(block header ++ nonce)[12:] for i in [0...7] A = first address in blockchain state tree after H B = balance(A) H = SHA3(block header ++ nonce ++ A[0] ++ B[0] ++ ... ++ A[7] ++ B[7]) SUCCESS = 1 if H < 2256 / difficulty else 0 This has the following advantages: Extremely memory hard to compute; makes Dagger look like a child toy Extremely easy to verify"
http://www.reddit.com/r/IAmA/comments/1xb5rj/hi_were_the_ethereum_founding_team_ask_us_anything/
The first multi-PoW coin would be Myriadcoin. I think it's not the same. Myriad their algorithms used separately. For example. who has the ASIC he mining with SHA-256. Who has the graphics card he can work with other algorithm, for example. scrypt. Thereby using uses different mining software for each algorithm. If I understand correctly, vertcoin should mix more algorithms. |
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McHammer
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June 29, 2014, 01:27:54 PM
Last edit: June 29, 2014, 01:40:21 PM by McHammer |
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is todaxy a good day to buy vert? updates soon?  why are the prices soooo low |
altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
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bengx
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June 29, 2014, 01:46:15 PM |
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is todaxy a good day to buy vert? updates soon? why are the prices soooo low Everyday is good day to buy! |
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iGoodw1n
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June 29, 2014, 01:50:38 PM |
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is todaxy a good day to buy vert? updates soon? why are the prices soooo low Maybe because Devs want to make SX open source, so other coin can immediately copy this feature. It makes no sense to buy Vert. Imho. |
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suppersz
Sr. Member
Offline
Activity: 336
Merit: 250
There is a day to be born, and another to die
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June 29, 2014, 01:59:11 PM |
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tell us... how can you defend your developments and innovations from the takeover by exe? it is hard to understand how did it first. exe coin devs claim to be the first in this place... so what is the deal? https://twitter.com/execoin_dev/status/482941288975970304Jiggy0001 @Jiggy0001 @fukukami0 @execoin_dev is it just an accident or why do you release the same features at the same time with vert??? Fukukami @fukukami0 @Jiggy0001 @execoin_dev Vert. announced stealth in qt client. We have released electrum-exe already, and are adding stealth addresses to it. Jiggy0001 @Jiggy0001 @fukukami0 @execoin_dev ok, it just seems to be that unfair claim  Fukukami @fukukami0 @Jiggy0001 @execoin_dev We already have support for stealth in mainnet, just no gui for it. Stealth in #execoin were planned a long time ago Jiggy0001 @Jiggy0001 @fukukami0 @execoin_dev ok, then sorry for that! |
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Vertcoin (OP)
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June 29, 2014, 02:20:09 PM
Last edit: June 29, 2014, 02:44:49 PM by Vertcoin |
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tell us... how can you defend your developments and innovations from the takeover by exe? it is hard to understand how did it first. exe coin devs claim to be the first in this place... so what is the deal? https://twitter.com/execoin_dev/status/482941288975970304Jiggy0001 @Jiggy0001 @fukukami0 @execoin_dev is it just an accident or why do you release the same features at the same time with vert??? Fukukami @fukukami0 @Jiggy0001 @execoin_dev Vert. announced stealth in qt client. We have released electrum-exe already, and are adding stealth addresses to it. Jiggy0001 @Jiggy0001 @fukukami0 @execoin_dev ok, it just seems to be that unfair claim Fukukami @fukukami0 @Jiggy0001 @execoin_dev We already have support for stealth in mainnet, just no gui for it. Stealth in #execoin were planned a long time ago Jiggy0001 @Jiggy0001 @fukukami0 @execoin_dev ok, then sorry for that!
2014/02/20
http://www.cryptocoinsnews.com/news/vertcoin-developer-paul-bradley-talks-zerocoin-asic-resistance/2014/02/20
We have put the Steath Address transaction since June 4
http://montest.vertcoin.org:8080/tx/20a0b9d87055abfc93cee2ac7dc8041f472c45515068b6cb114b47e1bda3aeb6
We released in Testnet since June 10
2014/06/10
http://www.reddit.com/r/vertcoin/comments/27rfhk/stealth_address_alpha_testing_testnet/You said, you have support in Mainnet already.
https://github.com/execoin/execoin/commits/master/src/script.cpp
As I saw from here, it was commited 6 days ago. Here is Txid, they said in the news (http://cryptocoinchronicle.com/2014/06/execoin-innovates-plus-giveaway/)
http://explorer.execoin.net/tx/0499732cacc82d80ef5ea06565e4d3464b54a4135b9130667dcf35766077fe97 (2014/06/25)Guys, we have to do something, this coin did the same things since Electrum http://www.reddit.com/r/Execoin/comments/28gbrn/psa_electrumexe_steals_code_without_attributing/ |
VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
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suppersz
Sr. Member
Offline
Activity: 336
Merit: 250
There is a day to be born, and another to die
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June 29, 2014, 02:29:00 PM
Last edit: June 29, 2014, 03:14:43 PM by suppersz |
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I also like VTC  I just don't want that people attacked EXE.I think they are also hard work.EXE dev did not said that they are first.Just i and another people said 'First Electrum with Stealth addresses' https://github.com/execoin/execoin/commits/master/src/script.cppAs I saw from here, it was commited 6 days ago. Guys, we have to do something, this coin did the same things since Electrum http://www.reddit.com/r/Execoin/comments/28gbrn/psa_electrumexe_steals_code_without_attributing/http://cryptocoinchronicle.com/2014/06/execoin-innovates-plus-giveaway/Stealth library in Python is ready, integration of stealth addresses’ generation into mnemonic system used in Electrum has been completed in full, we’ve done sending/receiving part in the wallet as well. Currently we are working on modifying Electrum server to support fetch_stealth method. Within 1 week or so a fully functional beta version will be available in the mainnet. Our network has been upgraded already to the extent sufficient for relaying stealth transactions. Relevant updates to the source code have been committed on June 23, pool operators are encouraged to upgrade their execoind daemons in order to speed up stealth transactions in the network. We already submitted a dozen of stealth transactions to the blockchain, here is one of them (use one of the block explorers with txid given below): Stealth address: ExkdTFkYbBh4evi5zQnmxg2JFmE3Pc6xDYMKsHeaQizfYooL1Ac9V2YvtDu4mKfAAcdDouw1ac8JkeN vsaYV6mfhsfywzHGzcugtzc TXid: 0499732cacc82d80ef5ea06565e4d3464b54a4135b9130667dcf35766077fe97 Ephemkey: 03327b0e2f1c0378f39a6ba4c2a42e9cdac951bc137353a5e74e08b6b9c6eeee6e Scan secret: 79a29d3c9c35ad81ce5ce5dea1386dd721357369b8fc3ba465efe5842bad1b49 Spend secret: 51a757426c6f440033c79391166375a6d0699a736f8e6bfc548781fc5d422eed We are giving the secrets, related to stealth address, to our readers, there is 5000 EXE reward to anybody who will manage to redeem it. In fact, being given with the secrets, it’s a fairly simple task, so, before trying, make sure that the reward is still there! Sorry, I just didn't pay any attention to what you are saying. EXE dev did not said that they are first.Just i and another people said 'First Electrum with Stealth addresses'.
I just do not understand why you attack EXE everywhere(EXE thread,VTC thread,EXE reddit,VTC reddit),EXE thread never talk about VTC. |
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Vertcoin (OP)
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June 29, 2014, 02:58:53 PM |
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I also like VTC I just don't want that people attacked EXE.I think they are also hard work.EXE dev did not said that they are first.Just i and another people said 'First Electrum with Stealth addresses' https://github.com/execoin/execoin/commits/master/src/script.cppAs I saw from here, it was commited 6 days ago. Guys, we have to do something, this coin did the same things since Electrum http://www.reddit.com/r/Execoin/comments/28gbrn/psa_electrumexe_steals_code_without_attributing/http://cryptocoinchronicle.com/2014/06/execoin-innovates-plus-giveaway/Stealth library in Python is ready, integration of stealth addresses’ generation into mnemonic system used in Electrum has been completed in full, we’ve done sending/receiving part in the wallet as well. Currently we are working on modifying Electrum server to support fetch_stealth method. Within 1 week or so a fully functional beta version will be available in the mainnet. Our network has been upgraded already to the extent sufficient for relaying stealth transactions. Relevant updates to the source code have been committed on June 23, pool operators are encouraged to upgrade their execoind daemons in order to speed up stealth transactions in the network. We already submitted a dozen of stealth transactions to the blockchain, here is one of them (use one of the block explorers with txid given below): Stealth address: ExkdTFkYbBh4evi5zQnmxg2JFmE3Pc6xDYMKsHeaQizfYooL1Ac9V2YvtDu4mKfAAcdDouw1ac8JkeN vsaYV6mfhsfywzHGzcugtzc TXid: 0499732cacc82d80ef5ea06565e4d3464b54a4135b9130667dcf35766077fe97 Ephemkey: 03327b0e2f1c0378f39a6ba4c2a42e9cdac951bc137353a5e74e08b6b9c6eeee6e Scan secret: 79a29d3c9c35ad81ce5ce5dea1386dd721357369b8fc3ba465efe5842bad1b49 Spend secret: 51a757426c6f440033c79391166375a6d0699a736f8e6bfc548781fc5d422eed We are giving the secrets, related to stealth address, to our readers, there is 5000 EXE reward to anybody who will manage to redeem it. In fact, being given with the secrets, it’s a fairly simple task, so, before trying, make sure that the reward is still there! What did you said?Did you said 'From address:EgCMLc4gYtR4UJK5GnnsJyc9XgP6TFBbZ4' and 'To address:ESyia1VPbThowJc6vyL278M5X1Cz4G7zHA'? I think it's impossible You don't know what you are talking about. |
VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
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jk_14
Legendary
Offline
Activity: 1292
Merit: 1000
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June 29, 2014, 03:15:36 PM |
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I think temporary closed-source is something darkcoin did right. We should do this too. Only until it's widely accepted that we were the first stealth coin - then open it up. It would be far too easy for someone to steal our thunder right now.
+1Meh, I sold all my darkcoin at 0.01 because it was announced they would keep it closed source for the foreseeable future. I'd probably do the same for vert. That's not something I want to support. That means you sold (drk) less than what it is currently worth. You are suggesting we dump our vertcoin for this pathetic price as well? Pro trading tips right there...LOL. I'm not suggesting what anyone should do, just saying what I will do. I don't support closed source, and I'm certainly not putting it on my machine(s). I'm open-source thinking miner. But in this special case - it would be no problem for me, if any new code would be always released one equal month after given feature launch. |
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Lucky - Luciano
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June 29, 2014, 05:23:10 PM |
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Guys, the multipool x11.greenpool.tk hash dropped by about 1/3rd. With it, the sell pressure from wafflepool is increasing.
Please take a moment to reconsider and mine on this pool.
You save half on electricity, keep your GPUs 10 degrees lower, and help neutralize scrypt-n multipools from building sell pressure.
In my case, I made 80% of VTC profitability yesterday. However, since I saved half on electricity... this comes out to more VTC after the cost of power.
You're right. Really there is a need for it. I would ask everyone to mining on http://x11.greenpool.tk/ |
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Crypto_EX
Member
Offline
Activity: 70
Merit: 10
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June 29, 2014, 05:55:27 PM
Last edit: June 29, 2014, 06:07:24 PM by Crypto_EX |
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Guys, the multipool x11.[Suspicious link removed] hash dropped by about 1/3rd. With it, the sell pressure from wafflepool is increasing.
Please take a moment to reconsider and mine on this pool.
You save half on electricity, keep your GPUs 10 degrees lower, and help neutralize scrypt-n multipools from building sell pressure.
In my case, I made 80% of VTC profitability yesterday. However, since I saved half on electricity... this comes out to more VTC after the cost of power.
You're right. Really there is a need for it. I would ask everyone to mining on http://x11.[Suspicious link removed]/ i had to quit mining there because it has become pathetically low 0.15vtc / mh.s / day i'm mining vtc on coinotron now but i never dump my coins i've been mining and holding vtc since late march .... i think i'm still doing good to the coin by not dumping the 10 ~ 15 coin that i get my hands on daily for the past 3 months hashing in @ 3.5 mh/s n-scrypt because of the summer heat , in winter i used to hash @ 4 ~ 4.2 mh/s |
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mega
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June 29, 2014, 06:06:10 PM |
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Got my account back! It was hacked. Sorry about it :|
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Jiggy0001
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June 29, 2014, 06:30:26 PM |
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we can really be happy that we have a guy like him... i mean most of the other coin promoters are "strange dudes" partying and all about "lambos" and stuff like these..
Vertcoin has a serious community and a professional dev.
Nevertheless it hurts watching VTC dropping like a knife...
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mega
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June 29, 2014, 06:43:05 PM |
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we can really be happy that we have a guy like him... i mean most of the other coin promoters are "strange dudes" partying and all about "lambos" and stuff like these..
Vertcoin has a serious community and a professional dev.
Nevertheless it hurts watching VTC dropping like a knife...
It does hurt. Hurts me too. But we cant overthink about that. I don't intend to sell my verts if price goes up to 10 usd/eur. So yeah, I don't like the price situation, but I'm pretty sure that it will not be like this forever. Stay positive. |
Got my account back! It was hacked. Sorry about it :|
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bengx
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June 29, 2014, 07:03:45 PM |
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Guys, the multipool x11.[Suspicious link removed] hash dropped by about 1/3rd. With it, the sell pressure from wafflepool is increasing.
Please take a moment to reconsider and mine on this pool.
You save half on electricity, keep your GPUs 10 degrees lower, and help neutralize scrypt-n multipools from building sell pressure.
In my case, I made 80% of VTC profitability yesterday. However, since I saved half on electricity... this comes out to more VTC after the cost of power.
You're right. Really there is a need for it. I would ask everyone to mining on http://x11.[Suspicious link removed]/ i had to quit mining there because it has become pathetically low 0.15vtc / mh.s / day i'm mining vtc on coinotron now but i never dump my coins i've been mining and holding vtc since late march .... i think i'm still doing good to the coin by not dumping the 10 ~ 15 coin that i get my hands on daily for the past 3 months hashing in @ 3.5 mh/s n-scrypt because of the summer heat , in winter i used to hash @ 4 ~ 4.2 mh/s Why Coinotron? Why not a proper VTC pool that offers MON and PLX payouts? |
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Lucky - Luciano
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June 29, 2014, 07:29:01 PM
Last edit: June 29, 2014, 09:03:37 PM by Lucky - Luciano |
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Guys, the multipool x11.[Suspicious link removed] hash dropped by about 1/3rd. With it, the sell pressure from wafflepool is increasing.
Please take a moment to reconsider and mine on this pool.
You save half on electricity, keep your GPUs 10 degrees lower, and help neutralize scrypt-n multipools from building sell pressure.
In my case, I made 80% of VTC profitability yesterday. However, since I saved half on electricity... this comes out to more VTC after the cost of power.
You're right. Really there is a need for it. I would ask everyone to mining on x11.greenpool.tk i had to quit mining there because it has become pathetically low 0.15vtc / mh.s / day i'm mining vtc on coinotron now but i never dump my coins i've been mining and holding vtc since late march .... i think i'm still doing good to the coin by not dumping the 10 ~ 15 coin that i get my hands on daily for the past 3 months hashing in @ 3.5 mh/s n-scrypt because of the summer heat , in winter i used to hash @ 4 ~ 4.2 mh/s I thought so . However, statistics on daily earnings to be displayed at the pool is incorrect. I get much more coins unique than the shows statistics on the average daily earnings per MH/s. Are you up to optimize the miner for max MH/s ? |
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