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

[micryon]

I'll put up 50 VTC as well. 

The more PR we get , the higher the prices of this coin will rise... so very worthwhile investment..

In fact we should even look at other avenues, FB ads, etc.

[twobitbot]

Just wanted to say that the Vertcoin community has been great.

Looking forward to the future of this coin!

[jballs]

Hey not to change the subject (I would totally hook my laptop up to a pool but everyone tells me I will burn it up. Also I don't know how so it's fine I will just buy them) but really see the importance of promotion/exposure with coins in general. VTC has a lot of advantages where most of what is out there is relying on hype or marketing. I know multiple translations are in progress, and also the fork is ~this weekend and exchange announcements etc.

So have you guys thought of using PR Newswire?

http://www.prnewswire.com/

I don't know how much effect it would have outside the existing community but it is fairly inexpensive. $200-250 a year and I think a small fee per press release. I have used them in the past to promote businesses in the mainstream financial industry and their reach is impressive.

If Vertcoin wants to open an account, I would be able to put out fairly frequent press releases, same as any company does announcing new products or developments with the market (new exchange listings etc).

This is in my experience the best way to get information out to where it can be picked up beyond the existing community without full time PR people. If the idea is to get to bitcoin/litecoin scale it may be advantageous to position outside altcoin forumland fairly early on.

just putting it out there and if there's any interest I'll draft up some releases.    

jballs thanks for the offer to draft some releases - I think that is an excellent idea.

I agree with you entirely. I also perhaps have some understanding of the flip side of this equation - technical people tend to be a bit blinkered to the realities of the wider world, they tend to think if they build good things, people will understand they are good and want them. The real world doesn't work like that - you have to shout as loudly as you can to anyone who will listen _why_ these things are better, there just aren't enough hours in the day for people to find your superior widget/cryptocurrency unless you help them notice it.

The problem with paying anything out of the developers pocket is, he didn't premine this at all, and I don't actually think he holds a great deal of it. I have put up a lot of VTC in the first week or so when it was still permitted to do giveaways and the like here to help get it noticed - I'm not saying I won't be putting up some more, but I've had to reduce the size and frequency of my bountying things otherwise I too won't have much VTC!

I think this is a good idea though. If we're thinking the cost will be about $250/year that is about 600VTC at current prices. I will put up 30VTC towards that bounty if other people here will match enough to cover the total cost. I don't know who will escrow/convert to USD to do that. I don't want to be preumptuous and assume you are volunteering your own time to do that, but if you are, I would be very grateful and I'm sure others here would too - you seem to have a sound business mind and seem like you know how to get things done. I'm trying to spend a bit of time each day banging the drum for Vertcoin in the forum and behind the scenes to get more attention to it, but what with the technical side of what I'm doing for the project, my time for that is somewhat limited. Someone else doing a bit of PR would be great.

Going to keep this short as I am on my phone (any devs want to build a smarter autocorrect in your off hours?) but yes to all of the above.

1- i will collect and pimp for bounty (thanks all above for throwing in we are half way already)
2- we will have the prnewswire account for a full year at that price (their only option)
3- i will handle the distribution and promotion, upon draft approval from vertcoin
4- any excess bounty above prnewswire fees will put to other venues (to be discussed and determined)

First press release should cover the upgrades to the coin taking place in the days ahead so i will work on that first thing in the morning and if you all can wrangle up a couple hundred more vtc in pledges we will post it tomorrow night for release. Will do something in depth as a follow up.

Also any altcoin bloggers or sites you have knowledge of, pm me or post and i will push updates that direction as well. 

I am pro bono until further notice, if we can collectively cover overhead i will handle the rest.

Also not sure how the pools network or get paid but if they want to kick in... Would serve their interests for sure. 

More in the morning, any questions let me know.

[r0ach]

My time for that is somewhat limited. Someone else doing a bit of PR would be great.

Been busying setting up hardware and whatnot, will be back in the VTC scene soon.

[BorisTheSpider]

Well well well, haven't you all been busy miners. We're forking in the next few hours by the looks of it, a full day early. KGW takes effect at block 26754 - blocks are only about 2 minutes at present, so that should be about 6 hours away, so about 2pm UTC. http://explorer.vertcoin.org/chain/Vertcoin


Pool operators: please note that to make MPOS display the correct interval between difficulty adjustments after the fork, you will need to update

/var/www/MPOS/public/include/config/global.inc.php

to set

$config['coindiffchangetarget'] = 1;

[VincentDS]

Will the difficulty increase or decrease with this amount of total hashrate when KGW comes in?

[bengtåke]

Come join us on P2Pool! P2pool is a distributed peer to peer pool, all block rewards are shared fairly between all workers on all nodes. You can find a list of our current available nodes here. Pick a few with the lowest latency (extra just incase for failover) and come join the fight on centralization!

[fpoint1]

https://litecointalk.org/index.php?topic=13314.0
Good time to start promoting vertcoin.

[blacklig]

Will the difficulty increase or decrease with this amount of total hashrate when KGW comes in?

I think it will set on that amount that is estimated as for now.. Right now newtork has hashrate 370 mh/s and est diff is 13.55 so with KGW it would settle on this amount very quickly... right now we have higher network HR than diff and vice versa in past days

[blacklig]

https://litecointalk.org/index.php?topic=13314.0
Good time to start promoting vertcoin.

good one! I already asked there what they think about this great coin )
Soon ASIC greedy guys will find out that popularity of normal scrypt coins is felling and ASIC resistant coins gaining attention
And VERT coin will be like ASIC resistant litecoin.. first new gen coin..

[micryon]

Also any altcoin bloggers or sites you have knowledge of, pm me or post and i will push updates that direction as well. 

I am pro bono until further notice, if we can collectively cover overhead i will handle the rest.

Also not sure how the pools network or get paid but if they want to kick in... Would serve their interests for sure. 

More in the morning, any questions let me know.

Sounds good to me, let me know what's the VTC address to send to

[aleks648]

***URGENT*** You must update your wallets if you haven't already done so.  KGW going live in less than 3 hours now! (Around 1400UTC)

[bengtåke]

Kgw coming up soon, at block 26697 now and KGW hits at 26754, hope you have all upgraded!

[Cryptomancer]

Vertminer causes alot of HW errors on my GPU with I>12, at I=18 it's 1-5 HW per second and I>18 crashes drivers.... With normal scrypt CGminer i can mine at I=20 and it's stable with HW=0

[goin2mars]

Vertminer causes alot of HW errors on my GPU with I>12, at I=18 it's 1-5 HW per second and I>18 crashes drivers.... With normal scrypt CGminer i can mine at I=20 and it's stable with HW=0

What are you mining with?

I'm running 5x 290 non x, 3 hynix and 2 elpdia.

The hynix i've had stable for a couple days, no HW error, at i20 and are hashing at 473k# happily.

The elpdia I've had stable for a day, no HW error at I19 and is hashing at 423k#.

All 5 cards use less power than mining regular scrypt. Decreasing TC has a major impact on stability here I've seen.


Edit: Looked at your prev. posts and see 7790. This unit only has 2Gb of ram. With adaptive n-factor, you're asking the card to use way more memory than you have available for it and this causes it to die on you. This is part of how it is asic resistant. . by requiring more memory allocation. The fact that a 2Gb card is limited so soon is great news actually. How much ram do you have on your MOBO?

Comparison for you: Regular Scrypt n factor is 2^10 = 1024. This coin, starting at 2^11 = 2048. This basically means that rather than allocating 128 * r * N(2^10) =  131072 bytes in Scrypt, you're beginning with a memory allocation of 128 * r * N(11) = 262144 bytes. So if you were almost fully utilizing your card before at anywhere from I15-20, then you will now need to be < I14 to be fully using your card. The 290 non x's I've had running up to I23 for at least an hour or two stable before i got tired of it in sgminer. Anything past that, my card is overutilized and starts producing HW errors.

So when you have to lower the intensity to get your card to work. . you don't need to worry that you cannot use I20 anymore. Worry more that your card is either over/underutilized. It seems your card is being fully utilized at I12.

Someone please correct me if I'm wrong.

[mirny]

it's here

[aleks648]

it's here

If you haven't changed your wallet already you need to now.  The old wallet will not work any more.

[Cryptomancer]

Vertminer causes alot of HW errors on my GPU with I>12, at I=18 it's 1-5 HW per second and I>18 crashes drivers.... With normal scrypt CGminer i can mine at I=20 and it's stable with HW=0

What are you mining with?

I'm running 5x 290 non x, 3 hynix and 2 elpdia.

The hynix i've had stable for a couple days, no HW error, at i20 and are hashing at 473k# happily.

The elpdia I've had stable for a day, no HW error at I19 and is hashing at 423k#.

All 5 cards use less power than mining regular scrypt. Decreasing TC has a major impact on stability here I've seen.


Edit: Looked at your prev. posts and see 7790. This unit only has 2Gb of ram. With adaptive n-factor, you're asking the card to use way more memory than you have available for it and this causes it to die on you. This is part of how it is asic resistant. . by requiring more memory allocation. The fact that a 2Gb card is limited so soon is great news actually. How much ram do you have on your MOBO?

Comparison for you: Regular Scrypt n factor is 2^10 = 1024. This coin, starting at 2^11 = 2048. This basically means that rather than allocating 128 * r * N(2^10) =  131072 bytes in Scrypt, you're beginning with a memory allocation of 128 * r * N(11) = 262144 bytes. So if you were almost fully utilizing your card before at anywhere from I15-20, then you will now need to be < I14 to be fully using your card. The 290 non x's I've had running up to I23 for at least an hour or two stable before i got tired of it in sgminer. Anything past that, my card is overutilized and starts producing HW errors.

So when you have to lower the intensity to get your card to work. . you don't need to worry that you cannot use I20 anymore. Worry more that your card is either over/underutilized. It seems your card is being fully utilized at I12.

Someone please correct me if I'm wrong.

Thanks for the info  

Edit: I looked and Vertminer takes only 1GB of RAM, then there is 200MB for system and I actually have 800MB free.

[blacklig]

Ok, nice
Diff changing "realtime" now

Next chapter for VTC begun

[mirny]

it's here

If you haven't changed your wallet already you need to now.  The old wallet will not work any more.

already did, few days ago