Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer

[TR8888]

Don't forget to keep voting on Mintpal, We're nearing the top 10.

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https://www.mintpal.com/voting.
Great work here.
Keep voting here its very important .
Instruction You can do some trade with 0.001 btc(just 5 dollar after You can withdraw so You will not lose anything).
after You can vote 5 times per hour.

Done

Thanks Keep voting. Our voting speed is not bad so soon We will pass many coins in mintpal voting.

[BorisTheSpider]

Monocle ANN post now live - launch is on Friday May 2nd at 18:00 UTC

https://bitcointalk.org/index.php?topic=585817

[Kalizar]

Get Out And Vote!! (12 hours left)

Get Out And Vote!! (12 hours left)

We have come this far, folks! Don't miss this opportunity to have massive merchant adoption. We've been working on this for almost two weeks and it would be a shame for all that to be wasted.

Recently we've been getting trolls from competing coins on our Reddit. Let's show them that our community is made of!

Vote: https://www.coinpayments.net/vote

Vote Results: https://www.coinpayments.net/vote-results

[Spoetnik]

Has this already been adressed? Hidden VTC instamine?

https://bitcointalk.org/index.php?topic=576107.msg6397907#msg6397907

There were hardly any miners mining this coin, especially when it was cpu only. I stumbled on vertcoin 2 days after the gpu miner was released and have been mining it from then on. The diff was at ~2..4 when i got in.
Sure, the diff must have been low at the start, and there were only a handfull of miners, and the diff retarget was slow, giving those miners a FAIR advantage. Anyone could have stepped in at that time. If you were not smart enough to get in then (like i didn't) and did not have the vision to do so then you call the early miners insta-miners? What about the early bitcoin and litecoin miners? Insta-miners too?
And why hidden? All coins were mined after the release no? Hidden insta-mine = mine before release, obviously that hasn't happened to vertcoin.
This is just someone pissed at not getting in early by ignoring the coin at the release.

i agree mostly but a response from the coindev etc would be nice or even from the guys who mined those big amounts early..
but we all know none of them will man up and say yeah that was me who mined all those coins lol

every coin is instamined and especially any coin that is not a scrytp clone.. new algo = insta mine.. it's how this stuff works.
These little junior or Newbie members don't get this when they post crap like that..
I have seen an agenda from some mysterious people also that are hell bent on discrediting this coin.. prob Dark coin bag holders threatened by VTC i bet.
I've have not seen anyone but random noobs try and attack this coin.. not one solid long standing member has anything bad to say about it.

Is it possible some miners were pre-configured for launch day ? private gpu miners ? almost every coin does that and if they say they don't their fucking lying.
Did VTC botnets get fired up ? maybe but that is not what that moron was saying.. he was dramatizing and slandering this coin over normal activity seen on all coins.

tired of stupid noobs crying instamine..
but i have complained on almost every coin when they pull gpu miners etc out of their ass long after the coin was released.. that scammy routine gets old.

[ivanlabrie]

There's no mystery in a scrypt-n gpu miner...wasn't it intended as a gpu coin from day one anyway?

Drk's algo is random hash functions tossed together for the heck of it, I like the halved power consumption but it merely means miners are not optimized for it yet.

[BorisTheSpider]

i agree mostly but a response from the coindev etc would be nice or even from the guys who mined those big amounts early..
but we all know none of them will man up and say yeah that was me who mined all those coins lol

I've mostly tried to stay out of this, but I'll make one post about it.

If anyone bets a big ton of EC2 billing or whatever other cloud service on a brand new chain because they see something special about it, then that bet pays off, good for them. No-one who mined VTC early on could know it would succeed, we all took a risk, that risk is why people who took the opportunity cost of _not_ spending that money mining something else that would be a more sure bet get rewarded well, because 95% of the time you take that risk, it would not pay off.

No, it's not me who mined 100k VTC, I wish it had been, but I did spend quite a lot of money on EC2 instances on day1 and like I said, a lot of the time that money would have been lost. Whoever did mine 100k VTC - well done to you.

If you mined VTC early on, you took a risk that it would not see the kind of success it has seen and is continuing to see. Anyone who has a problem with other people betting on the right horse is just jealous that they didn't perceive the opportunity that others did.

I have seen an agenda from some mysterious people also that are hell bent on discrediting this coin.. prob Dark coin bag holders threatened by VTC i bet.

I have no idea who in particular these people are but yes, I agree it does seem they have some sort of agenda.

Is it possible some miners were pre-configured for launch day ?

Well I can assure you this was not the case for VTC - how do I know? Because I was one of the very first miners, literally as soon as I could get the source built on the EC2 instances I ran on day1, so I was there and saw the network hashrate - there is no possibility GPU miners were out there (if they were, they would have had to be throttled to useless hashrates akin to CPU mining with big EC2 instances or similar), and there was no possibility of preconfigured CPU instances because I was there with a number of EC2 instances as soon as I could get the daemon built on them and the network hashrate at that time was not high enough for a big farm of preconfigured instances to be running - my own instances were a sizeable minority of the hashrate in the first minutes, and it wasn't as though I had dozens of them.

There was a level playing field at launch, and anyone who wanted to could have taken the risk that the guy who mined 100k VTC did, but they didn't - they failed to put their money where their mouth is, and now they want to complain later about someone elses success.

People who are newer here may not realise that on day1, no-one in the dev team was involved apart from Bushido - he launched it on his own, and we all got involved later. Bushido was the only person who would have been able to pre-configure miners, and I am as sure as I can be that he didn't - I got involved with this project because I respected his ethic and liked the ethos of VTC, if I had any suspicions along those lines I wouldn't be involved. I know that Bushido didn't actually have anywhere near as much VTC as me after the first few days, and I gave him quite a lot because I was grateful for his work releasing it, and wanted him to be invested in it.

Given the endless scams that get promoted on here, it's a shame to see people trying to malign one of the few projects that actually is on the level.

[dunchy]

Thanx Boris for the clarification. Keep up the good work!

[Cryptocoinrank.com]

★★★█ Vertcoin (VTC) █→ Now Live on: http://www.cryptocoinrank.com/Vertcoin
Hope you like it! As soon as you have a Twitter account you can display your news by following the guide you find here: https://bitcointalk.org/index.php?topic=579901.0

Enjoy

[coinfusion]

To add to BorisTheSpider's point, here's a sample of getmininginfo from the first day :

Code:

04:39:41
?
{
"blocks" : 829,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : true,
"genproclimit" : 8,
"hashespersec" : 3711,
"networkhashps" : 556774,
"pooledtx" : 0,
"testnet" : false
}


04:40:56
?
getmininginfo


04:40:56
?
{
"blocks" : 873,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : true,
"genproclimit" : 8,
"hashespersec" : 3835,
"networkhashps" : 593542,
"pooledtx" : 0,
"testnet" : false
}


15:21:42
?
getmininginfo


15:21:42
?
{
"blocks" : 8848,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.03820623,
"errors" : "",
"generate" : true,
"genproclimit" : 8,
"hashespersec" : 3832,
"networkhashps" : 8614017,
"pooledtx" : 1,
"testnet" : false
}

Anyone who could compile the dameon on release could have gotten in on that action to get a substantial amount of coin with only a small number of processors -- it compiled easily on windows, even; however a 32-bit compile had only about half the hash rate of 64 bits.

[Bufius]

Is it possible some miners were pre-configured for launch day ? private gpu miners ? almost every coin does that and if they say they don't their fucking lying.
Did VTC botnets get fired up ? maybe but that is not what that moron was saying.. he was dramatizing and slandering this coin over normal activity seen on all coins.

tired of stupid noobs crying instamine..
but i have complained on almost every coin when they pull gpu miners etc out of their ass long after the coin was released.. that scammy routine gets old.

short reply from me, the guy who released vertminer.

Yes, i had a GPU miner ready at ~17.00 GMT and i mined with 2x 7950.
At 23.00 or 24.00 GMT i decided to spread this to the IRC channel because no pools or GPU miner was public available.
During the next hours there was a massive community support to compile this for windows (many thanks to Aleks) and to setup the first pools so everyone could mine VTC with a GPU miner.
-> a GPU miner + Pools was available for everyone within 24 hours after coin launch, not days or even weeks later.

And as you can see, with 2x 7950s it was not real possible to make such a hugh amount of coins. Believe it or not, i am not even in the Top10.

I do not know who the other guys or groups are, but i am sure this was no one from the dev team (e.g. i have send some VTC to Bushido because he only had a Laptop to mine...)

I know this statement will not stop the FUD but at least everyone can read it and think about the bullshit from IPO and/or premined coin guys.

[spikers]

VERTCOIN MINING POOL VTCWEB.POOLZ.NET
Powerful 16-core 32 Gb physical (not virtual) servers
Gigabit Connection and SSD drives
High Efficiency, fast payments
Almost 10% of the network hashrate, you won't wait for a block
One of the oldest VTC pools, trusted by many
STABLE AND DDoS PROTECTED

[tolguen]

Good morning Vertans,

please find this week's Sunday morning web & communications report here:

CLICK ME HARD

If you like them I would REALLY appreciate if you donated some VTC or BTC to the following wallets:
VTC: VotAKLDKZDtFGcT5UAY1A3YjNNC8BLCfaz
BTC: 1EpUm3MoLgF7bFHqAXxJnCR4bQ174DQx86

Thank you so much guys!

[Spoetnik]

There's no mystery in a scrypt-n gpu miner...wasn't it intended as a gpu coin from day one anyway?

Drk's algo is random hash functions tossed together for the heck of it, I like the halved power consumption but it merely means miners are not optimized for it yet.

as usual i agree with you.. you always seem sensible and a lot less biased than most here.

[Spoetnik]

Is it possible some miners were pre-configured for launch day ? private gpu miners ? almost every coin does that and if they say they don't their fucking lying.
Did VTC botnets get fired up ? maybe but that is not what that moron was saying.. he was dramatizing and slandering this coin over normal activity seen on all coins.

tired of stupid noobs crying instamine..
but i have complained on almost every coin when they pull gpu miners etc out of their ass long after the coin was released.. that scammy routine gets old.

short reply from me, the guy who released vertminer.

Yes, i had a GPU miner ready at ~17.00 GMT and i mined with 2x 7950.
At 23.00 or 24.00 GMT i decided to spread this to the IRC channel because no pools or GPU miner was public available.
During the next hours there was a massive community support to compile this for windows (many thanks to Aleks) and to setup the first pools so everyone could mine VTC with a GPU miner.
-> a GPU miner + Pools was available for everyone within 24 hours after coin launch, not days or even weeks later.

And as you can see, with 2x 7950s it was not real possible to make such a hugh amount of coins. Believe it or not, i am not even in the Top10.

I do not know who the other guys or groups are, but i am sure this was no one from the dev team (e.g. i have send some VTC to Bushido because he only had a Laptop to mine...)

I know this statement will not stop the FUD but at least everyone can read it and think about the bullshit from IPO and/or premined coin guys.

thanks for taking the time to speak.. appreciated.

[mega]

This new site http://www.coingecko.com/ is comforting me, Vertcoin is pretty strong even if I would have thought that Vertcoin had a better ranking in developers

I will definitely be watching that site. Pretty sure it will be the major reference in the near future.
Thanks for sharing.

[roy7]

I know there's almost no chance the miner would see this, but just in case, VjCmX1z1KHn1rewGC6t6vjnzRj8CYLZe9S on my us-west node is not configured for scrypt-n and all their hash power is going to waste.

[scratchy]

Hello from MuPool.com!

We just added support to our MultiCoin Pool for VTC.

What the adventage to join MuPool.com?

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    PPLNS

Our Current Mining Conditions:

http://mupool.com/conditions.png

Any Questions / Suggestions? Feel free to join our IRC-Channel on #mupool.com on irc.freenode.net!

[BorisTheSpider]

Monocle ANN post now live - launch is on Friday May 2nd at 18:00 UTC

https://bitcointalk.org/index.php?topic=585817

[ymer]

So what's the news on vtc?