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

[Sonora]

Gentlemen we have just surpassed Yacoin in marketshare. 

[BorisTheSpider]

I mined many coins then sold in bitcoin and convert in fiat, and so in the cycle.
Vertcoin - the first coin that I do not sell at all.
I believe - it will replace litecoin. He is the last bastion of decentralized emission for scrypt cryptocoins, because going ASIC for Scrypt. VIVA VERTCOIN !

Keep on stackin'

[jballs]

About to hit 4, currently at 0.00039999 come on vertcoin!

00045 last.

31BTC sell order at 50 though. Someone must have loaded the boat a few days ago. Great play for them but they really would do better easing off it at 1-2BTC at a time. Nobody likes buying into a wall.

Lol,
you must be sleepy
That is "sell wall" on 0.005 but price is not even 0.0005 so not really worry about such "wall" because its made only of 6000 VTC
party goes on !

Yeah sorry about that. Still getting used to coinedup's goofiness. Glad to have them and working it out but I would honestly prefer they charge a small exchange fee and put a few bucks into site development. Super slow, but so far no money problems which is all that truly matters. Just would love some efficiency sprucing up and also it's mini-crashing this afternoon a lot.

[BorisTheSpider]

Gentlemen we have just surpassed Yacoin in marketshare. 

[moonbat]

Everyone keep asking at https://bitcointalk.org/index.php?topic=291647.0 if you want to trade VTC at Coinex.pw

Tons going on in vertcoin dev channels behind the scenes guys - we'll have some exciting news for you all soon.

Come on guys tell us what is in the pipeline

[gonzzo]

Everyone keep asking at https://bitcointalk.org/index.php?topic=291647.0 if you want to trade VTC at Coinex.pw

Tons going on in vertcoin dev channels behind the scenes guys - we'll have some exciting news for you all soon.

aya cramba now i'm curious 

have you guys noticed the post in the cryptsy thread:


Copy Paste:
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Maritime Crypto Currency Network soon will introduce a mega crypto exchange where any new coin can be available to trade from day 1 based on marinecoin MTC you can trade with any coin anytime even the developers won't have to apply for the exchange you will just enter the coin name in the network and voila. it will appear on the exchange based on MTC value, the value of coins will be calculated based on available coins at the current block times the energy coefficient and average hardware cost of return.

We have outsourced this project to a software development firm and will be made available in a few months.
www.marinecoin.org
----------------------------------------

What do u all think of this ?

[sakkosekk]

Everyone keep asking at https://bitcointalk.org/index.php?topic=291647.0 if you want to trade VTC at Coinex.pw

Tons going on in vertcoin dev channels behind the scenes guys - we'll have some exciting news for you all soon.

aya cramba now i'm curious 

have you guys noticed the post in the cryptsy thread:


Copy Paste:
------------------------------------
Maritime Crypto Currency Network soon will introduce a mega crypto exchange where any new coin can be available to trade from day 1 based on marinecoin MTC you can trade with any coin anytime even the developers won't have to apply for the exchange you will just enter the coin name in the network and voila. it will appear on the exchange based on MTC value, the value of coins will be calculated based on available coins at the current block times the energy coefficient and average hardware cost of return.

We have outsourced this project to a software development firm and will be made available in a few months.
www.marinecoin.org
----------------------------------------

What do u all think of this ?

Game changer for exchanges if they can get it to work.

[aino]

VERTCOIN TO THE MOON

+1

[infofront]

Holy $%#!

[blacklig]

I really hope people with high hashrate willing to drop their hashrate till the diff adjusted .... so it won't go too high for small miners like me

It would really be a win win for them, they could go snag up some other coins and as soon as the next diff adjust hits they come back and keep pulling in a lot of coins rather than raising it and pulling in less coins.

Before that happens I need to figure out why my CPU is accepting shares but they don't show up in the pool.

actually, seems that they are really doing it.. but probably more accurate would be to tell "he"
but yes.. with this quite long diff reterget its good strategy for all of us.. such a small cheat

[ahnonamis]

In case people who are new to VTC missed it originally, we have an interview with the dev we posted last week.

http://www.followthecoin.com/interview-creator-vertcoin/

[blacklig]

In case people who are new to VTC missed it originally, we have an interview with the dev we posted last week.

http://www.followthecoin.com/interview-creator-vertcoin/

Ou yeah, its must read
And here are some highlights:

Q:
Unlike almost every other coin launch in recent months, Vertcoin was launched without a pre-mine. A lot of developers use a pre-mine to help cover promotional costs of the coin, as well as further development funding down the road. What was your reason for not doing a premine? And will this impact future development, as there’s no bank of coins saved to provide funding?

devs A:
In my opinion, a pre-mine is not acceptable. I think we need to separate between funding costs and pre-mines. Some people who are creating a coin say they do pre-mines to cover funding. I believe you should get your funding from venture, or the coin community. Let me give an example.

When I launched this coin, I didn’t know how to do marketing. People in the coin community helped me to promote this coin. I am also not a good designer for logo and website, but people are willing to help me create a beautiful logo and website, because they believe in the coin, not because I need to promise them a reward to do so.

Moreover, if the coin’s creator wants to develop a new feature in the future, and cannot find funding from their coin’s community, he or she can seek funding from others willing to put their money into your project if it is a good enough coin or idea.

[organizer]

I really hope people with high hashrate willing to drop their hashrate till the diff adjusted .... so it won't go too high for small miners like me

I don't have a massive hashrate, but unless the price jumps from where it's at now, i would probably stop mining for a while... it won't be as profitable as other coins for me if the diff ends up at 10-12 and the price stays where it is now on CoinedUP. But i would jump back in at a diff lowering or price jump to make it at least comparable to other coins.

[Zombie123]

It seems my wall at .005 got broken Hmmm 

[blacklig]

I really hope people with high hashrate willing to drop their hashrate till the diff adjusted .... so it won't go too high for small miners like me

I don't have a massive hashrate, but unless the price jumps from where it's at now, i would probably stop mining for a while... it won't be as profitable as other coins for me if the diff ends up at 10-12 and the price stays where it is now on CoinedUP. But i would jump back in at a diff lowering or price jump to make it at least comparable to other coins.

I made same mistake when diff jumped from 2 to 5
now I regret it.. I would have had more coins minted on diff 5..

[shirenlihei]

i'd like to address a possible issue.

looking from this table (results for hd6690 on yacoin)
http://explorer.yacointalk.com/graphs.htm#tech

in november 2015 when vertcoin switches to N=8192 there will be a *huge* drop in hash rate. cpus will continue to mine, while gpu will be useless suddenly.
that will cause confirmation times go to the moon, because hashrate will drop thousands of times suddenly.

ok maybe the new cards like r9 290 will be able to mine until N=16384, but this will only postpone the problem.

start thinking about the kimoto gravity well, it will be necessary even without multipools jumping in....

I think N should be also related to or proportional to the difficulty or something else, but do not adjust it artificially such as by hands or according to the timestamps. Too large N kills every hardware.

6990 and r9 290 have the same size of memory, they will be killed at the same large N=8192.

Well, no the 6990 is 2x2Gb cards in one.r9 290 has double memory per gpu chip.
Vertcoin, sure they increase a bit the memory but not exponentially. And we want everybody to mine, not just those who can afford the new high-end cards, otherwise it's useless, and its the same as having asics...

Maybe a silly question, but when VTC hits N-Factor 8192, why is that a problem for GPUs? The chart indicates a memory requirement of 1MB, compared to 512KB at N=4096. If that's per hashing thread, then at N=4096 a card with 3GB (7950, 7970, etc.) could still run TC=6144 while at N=8192 you would have to drop to TC=3072. You certainly won't get the same performance at lower TC values, but tweaking will almost certainly mean it's not going to be half as fast. Newer versions of cgminer and such will likely also play a role. In other words, there's no magical N-Factor at which GPUs are suddenly unable to perform the hashing calculations. In ten years when we're at N=131072 and using 16MB, a 3GB GPU could still run with TC=192. Then again, ten years ago we were looking at GPUs with a whopping maximum 256MB VRAM, so in ten more years we might be running GPUs with 144GB RAM. :-D

you are right.. nice one

Interesting, I don't know the details of the algorithm. But we can modify the codes to test if the
list at http://explorer.yacointalk.com/graphs.htm#tech make sense of Vertcoin.

One poor thing is the memory of Video cards can not grow for this coin, the size of the memory of video cards always determined by the requirement of games.  But the memory of asic can adapt to this coin. But it's the future situation we don't know.

[cherominerito]

We have to hold this coin. It´s innovative so It become the new Litecoin in the future. I am mining and holding.

[blacklig]

We have to hold this coin. It´s innovative so It become the new Litecoin in the future. I am mining and holding.

Thats right.. this coin is just perfect.. no premine, no instamine, no scrypt clone... bright future )

[blacklig]

We have to hold this coin. It´s innovative so It become the new Litecoin in the future. I am mining and holding.

Thats right.. this coin is just perfect.. no premine, no instamine, no scrypt clone... bright future )

do you guys see chart on coined up updated?
I still see same pattern as during lunch time.. orders being paired but not displayed on chart.. I dont see any spikes over 0.0005 price etc. although there were trades for even more..

[mfpowernl]

Its the coin of the future! Most of the other Alternate cryptocurrencies will be long forgotten in a few years but vertcoin will be still kicking!