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Author Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer  (Read 1232476 times)
spiffcow
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January 17, 2014, 12:05:30 AM
 #801

What happened to the crytpsy request link on the OP?
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BorisTheSpider
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January 17, 2014, 12:22:43 AM
 #802

What happened to the crytpsy request link on the OP?

Yes we need https://cryptsy.freshdesk.com/support/discussions/topics/64057 linked from the OP
Vertcoin (OP)
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January 17, 2014, 12:24:46 AM
 #803

What happened to the crytpsy request link on the OP?

Yes we need https://cryptsy.freshdesk.com/support/discussions/topics/64057 linked from the OP

update in the first page.

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
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January 17, 2014, 01:29:46 AM
 #804


Cool
r0ach
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January 17, 2014, 03:14:24 AM
Last edit: January 17, 2014, 03:33:54 AM by r0ach
 #805

It will be interesting to see the price of this coin in the days ahead seeing how there are many generic coins such as Worldcoin, Digitalcoin, Stablecoin, Megacoin, etc that don't really do anything different or better than Litecoin, but are currently priced much higher than VTC.  VTC brings actual improvements over Litecoin, and a reason for existing that those coins just don't have.  There are also 1/3rd as many VTC as Worldcoin, and around 1/2 as many VTC as Digitalcoin.

It is currently massively undervalued, which is why I bought a good bit on Coinedup yesterday.

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BorisTheSpider
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January 17, 2014, 03:41:23 AM
 #806


An interesting comparison you make with the WDC and DGC prices, makes sense and as you said, they really have no particular unique features like VTC does.


Everyone, once again can we please try to balance the pools. At present, bitcrush is much bigger than the others.

Please start mining on (or move to) a smaller pool chosen from the dynamically updated information at www.vertcoin.com

For reference, here are the current hashrates at time of posting:

    VTC.POOL.PM - Hashrate: 59 Khash/s
    LA.VERTCOIN.ORG - Hashrate: 0 Khash/s
    HK.VERTCO.IN - Hashrate: 2 Khash/s
    EU.VERTCOIN.ORG - Hashrate: 1.18 Mhash/s
    NY.VERTCO.IN - Hashrate: 4.664 Mhash/s
    VTC.KILOVOLT.CO.UK - Hashrate: 8.441 Mhash/s
    VERT.BITCRUSH.INFO - Hashrate: 23.623 Mhash/s

As you can see vtc.pool.pm, la.vertcoin.org, hk.vertco.in and vtc.kilovolt.co.uk are the smallest pools - please join (or move to) one of them.

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January 17, 2014, 04:00:16 AM
 #807

It will be interesting to see the price of this coin in the days ahead seeing how there are many generic coins such as Worldcoin, Digitalcoin, Stablecoin, Megacoin, etc that don't really do anything different or better than Litecoin, but are currently priced much higher than VTC.  VTC brings actual improvements over Litecoin, and a reason for existing that those coins just don't have.  There are also 1/3rd as many VTC as Worldcoin, and around 1/2 as many VTC as Digitalcoin.

It is currently massively undervalued, which is why I bought a good bit on Coinedup yesterday.

Yep VTC is certainly very cheap right now, I bought some too - given what you said about the rarity of Vert vs. Digitalcoin/Worldcoin what are peoples price predictions? What impact do you think it'll have if asics start hitting the network?

CrunchHarder Mining Pools https://crunchharder.net
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January 17, 2014, 04:31:53 AM
 #808

Wake up folks, 51% attack possibility is just around the corner!

Network Hash rate: 49.360594 Mhash/s


    VTC.POOL.PM - Hashrate: 84 Khash/s - Workers: 3
    LA.VERTCOIN.ORG - Hashrate: 0 Khash/s - Workers: 0
    HK.VERTCO.IN - Hashrate: 2 Khash/s - Workers: 0
    EU.VERTCOIN.ORG - Hashrate: 1.356 Mhash/s - Workers: 19
    NY.VERTCO.IN - Hashrate: 4.558 Mhash/s - Workers: 12
    VTC.KILOVOLT.CO.UK - Hashrate: 7.787 Mhash/s - Workers: 10
    VERT.BITCRUSH.INFO - Hashrate: 23.43 Mhash/s - Workers: 39

Warning, mining on the largest pool can cause problems with the coin. Please choose one of the smaller pools. The smaller pools are automatically moved to the top of the list every 3 minutes.
dsergeevich
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January 17, 2014, 05:19:58 AM
 #809

Hi
why do I have only 50% of the speed of mining?
Can be integrated miner and explorer part of the share goes to the account of the developer miner? as it was with protocoins. Can anyone verify this?
spiffcow
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January 17, 2014, 05:23:25 AM
 #810

Hi
why do I have only 50% of the speed of mining?
Can be integrated miner and explorer part of the share goes to the account of the developer miner? as it was with prototsoins. Can anyone verify this?

You have half the mining speed because it's performing twice as many operations.  Hence the N-factor (2^x, where in LTC x=9, and in VTC x=10).  This is normal and expected.  If you get a full 50% of your scrypt mining speed, then you're actually getting quite good results.
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January 17, 2014, 06:37:58 AM
 #811

Another article about Vertcoin : http://www.cryptoarticles.com/crypto-news/2014/1/15/vertcoin-listed-on-coinedup

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
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January 17, 2014, 07:00:48 AM
 #812

Nice, but outdated on the GPU info.
Vertcoin (OP)
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January 17, 2014, 08:41:24 AM
 #813

Nice, but outdated on the GPU info.

I think so.

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
Watchy312
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January 17, 2014, 10:29:40 AM
 #814

I would be interested in this coin if it was a GPU long term coin but it is not...

From what i read, Vertcoin will become a CPU only coin over time (like every script-jane coin) or even, it is already a CPU only coin
As there are already a good chunk of CPU only coins (ASIC RESISTANT), so it does not bring anything really new

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January 17, 2014, 10:41:44 AM
 #815

I would be interested in this coin if it was a GPU long term coin but it is not...

From what i read, Vertcoin will become a CPU only coin over time (like every script-jane coin)
As there are already a good chunk of CPU only coins, it does not bring anything really new



I think your conclusion on Vertcoin is missing some point. According to Nfactor schedule, we already think about possibility to come up with new GPUs, which is almost one year per Nfactor. Vertcoin is not like scrypt-jane coins that change Nfactor too fast like 3 - 6 months to prevent GPUs to catch up with. So, we can say Vertcoin is GPU friendly, as long as you buy a new GPU to do mining. Don't you think it makes sense that 4 years from now on AMD and Nvidia will not create a higher GPUs card to market ?

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
Watchy312
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January 17, 2014, 11:32:31 AM
 #816

I would be interested in this coin if it was a GPU long term coin but it is not...

From what i read, Vertcoin will become a CPU only coin over time (like every script-jane coin)
As there are already a good chunk of CPU only coins, it does not bring anything really new



I think your conclusion on Vertcoin is missing some point. According to Nfactor schedule, we already think about possibility to come up with new GPUs, which is almost one year per Nfactor. Vertcoin is not like scrypt-jane coins that change Nfactor too fast like 3 - 6 months to prevent GPUs to catch up with. So, we can say Vertcoin is GPU friendly, as long as you buy a new GPU to do mining. Don't you think it makes sense that 4 years from now on AMD and Nvidia will not create a higher GPUs card to market ?
It was missing some points indeed but you could say about the same for ASICs, if a GPU could catch up why not some ASICs? Less probably, sure, but still.

It seems hard to predict the good N-factor value to be a real GPU friendly coin, you seem to be very confident about it though, and i do not have your knowledge
But imo it would be best to have a N-factor set by people with the "moment knowledge" about CPU, GPU and ASIC mining...or even better, an auto regulating/auto-detect thing (probably very hard)

Or you are aiming more toward a CPU only coin, what i feel like
Vertcoin (OP)
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January 17, 2014, 01:32:09 PM
 #817

I would be interested in this coin if it was a GPU long term coin but it is not...

From what i read, Vertcoin will become a CPU only coin over time (like every script-jane coin)
As there are already a good chunk of CPU only coins, it does not bring anything really new



I think your conclusion on Vertcoin is missing some point. According to Nfactor schedule, we already think about possibility to come up with new GPUs, which is almost one year per Nfactor. Vertcoin is not like scrypt-jane coins that change Nfactor too fast like 3 - 6 months to prevent GPUs to catch up with. So, we can say Vertcoin is GPU friendly, as long as you buy a new GPU to do mining. Don't you think it makes sense that 4 years from now on AMD and Nvidia will not create a higher GPUs card to market ?
It was missing some points indeed but you could say about the same for ASICs, if a GPU could catch up why not some ASICs? Less probably, sure, but still.

It seems hard to predict the good N-factor value to be a real GPU friendly coin, you seem to be very confident about it though, and i do not have your knowledge
But imo it would be best to have a N-factor set by people with the "moment knowledge" about CPU, GPU and ASIC mining...or even better, an auto regulating/auto-detect thing (probably very hard)

Or you are aiming more toward a CPU only coin, what i feel like

I think your ideas about the the "moment knowledge" and auto regulating/auto-detect things is very good ideas, and I would like to implement its in the future if those features are not required hard fork in the code.

VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA
Please contact us via contact[at]vertcoin.org only, do not PM.
BorisTheSpider
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January 17, 2014, 02:54:45 PM
 #818

Hi
why do I have only 50% of the speed of mining?
Can be integrated miner and explorer part of the share goes to the account of the developer miner? as it was with protocoins. Can anyone verify this?

You have only 50% mining speed because of the different algorithm. Twice as many rounds of scrypt are done at the current N-factor, as are done with normal scrypt coins, so you would expect 50% hashrate at best.

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January 17, 2014, 02:57:42 PM
 #819

Help!
I purchased some and decided to encrypt my wallet which had 3x what i purchased from mining... Program didnt close fully within 2 minutes so i ctrl alt del it.  Loaded back up showd balance but would not take the key i had just generated.  restarted and the wallet is corrupt...  What can/should I do?  I have the wallet.dat(0balance) and wallet.(numebers).bak

$MAID & $BTC other than that some short hodls and some long held garbage.
BorisTheSpider
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January 17, 2014, 03:06:49 PM
 #820

Help!
I purchased some and decided to encrypt my wallet which had 3x what i purchased from mining... Program didnt close fully within 2 minutes so i ctrl alt del it.  Loaded back up showd balance but would not take the key i had just generated.  restarted and the wallet is corrupt...  What can/should I do?  I have the wallet.dat(0balance) and wallet.(numebers).bak

Oh boy, this is why you should always back up your wallet _before_ you get any significant amount of coins in it.

So you have a .bak file? I would imagine that is a temporary file from during the process of encrypting the wallet.

- First, copy the files you do have somewhere else, so you don't further damage your only copies of them.
- Now, if the wallet.dat that is there at present seems corrupt and wont open, but you also have a wallet<numbers>.bak, close vertcoin, remove the wallet.dat, rename wallet<numbers>.bak to wallet.dat and try opening vertcoin again - maybe this wallet<numbers>.bak your talking about is a cleartext copy of the wallet.



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