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

[Hannilein]

VTC maybe is Asic resistant for now, but surely multipools can pick it up. You just change name of .exe file to cgminer and cgwatcher can handle it, so why multipools wouldn't be able to?

Anyway it's the first coin I mine and hold and hope for great future!

AFAIK the reason why its not profitable for multipool is that the difficulty changes every block.
Multipools hop on "easy" coins to make profit and leave as soon as difficulty changes. But VTC difficulty would change instantly. compared to LTC which would take ~2-3 days

You are not right..I saw multipool mining many times coins like Lotto which also have 1 block diff retarget..At the moment VTC is 2-3x more profitable than doge, so they would mine it for 24h (or whatever profitable period until they kill any buy supply down to non profit level), dump the shit out of it and come back in a week or so for another portion truth is that this coin is the HARDEST to mine for multipools but just don't say it's multipool resistant because it isn't.

It being harder to multipool mine is what resistant means.  No one is saying it's impossible for multi-pools to mine, just that it makes it harder.

This blog post explains very well the situation with multipools and VTC:
http://www.holynerdvana.com/2014/01/vertcoin-litecoin-megacoin-everything.html

[1713878351]

1713878351

[YoyodyneSystems]

0.0035 and few are selling.

There is some magic on this. And I feel it.
This is the first Altcoin that solved a real issue. For once. And that work is being rewarded.

And hey.. multipools can only mine 29k coins per day even if they had the whole days hashrate.
And guess what --- People will eat those coins alive and ask for more. Look at the volume. It
doesn't matter what multipools do. Who cares. This is the real deal. That is why the prices keeps
rising. No one is selling and even 100k coins would not satisfy the demand.

By the way this is mostly China buying right now at this hour and some europe. So that means you guys should immediately
send out e-mails and tweets to all the big Chinese exchanges and offer to help them get VTC
listed.

请在中国交易所上市，Vertcoin。我们爱你，中国！
而中国爱Vertcoin！

[mattbigblue]

Can't wait for tomorrow when 3 more Sapphires r9 290 arrives 

[asnghost]

Got u guys listed!

https://bitcointalk.org/index.php?topic=384546.0

Slick site. I didnt know about that one.

Hottest thing since sliced bread!

Aside from vertcoin.

HODL BOYS WERE HEADING FOR THE STARS!!!

VTC going strong!! and on top today and yesterday!!!  

[nasone32]

You are not right..I saw multipool mining many times coins like Lotto which also have 1 block diff retarget..At the moment VTC is 2-3x more profitable than doge, so they would mine it for 24h (or whatever profitable period until they kill any buy supply down to non profit level), dump the shit out of it and come back in a week or so for another portion truth is that this coin is the HARDEST to mine for multipools but just don't say it's multipool resistant because it isn't.

to be available to multipool users they would make you install a custom executable for the multipool, that can handle a N-factor issued by the pool.
AND you would require the user to test a different config for different values of N.
AND the multipool guy would have to leave out all the hashing power from the upcoming ASICs to do this.
when this will happen we'll have every single gpu miner on the planet and multipools scrypt will be only asics...

yes it's all circumventable TODAY with good skills and programming, but would require LOTS of testing and risks from both the users and the multipooler.
it is VERY unlikely at the moment. at least until Vertcoin is well estabilished.

when vertcoin will be well estabilished, hopefully we will have a large userbase and hashrate and people will want to hold vertcoins, not sell the instantly for BTC...

[YoyodyneSystems]

#3    Litecoin    $ 546,191,687    $ 21.49    25,416,904 LTC    $ 4,963,507    -1.41 %
#17    Vertcoin    $ 4,244,540    $ 2.91    1,459,600 VTC    $ 490,396            +375.19 %


$ 21.49 per coin for Vertcoin is not unreasonable at all.
There are 17x more Litecoins.

It might take awhile but it's not unreasonable in a couple months.
Pure speculation of course but look at DOGE. And DOGE is just for fun.

We can eat the multipools coins all day. Let them come.


edit - I just realized that this coin will encourage people to start making new coins that actually
do something new. VTC is being rewarded by the market for being innovative.

[mfpowernl]

Vertcoin is the new bitcoin!! Where this gone end?

[DieJohnny]

can someone tell me/ or point me to a working vertminer command line for r9 290X GPU?

thanks!

[Fastpow]

Stay tuned, i'll be publishing a marketing & promotion report later today.
I've gathered some people around me to push this incredible coin to the next level.

Let's remember the famous quote : A million dollars isn't cool, you know what's cool? A billion dollars.

[hvezdasmrti]

Looked at the price today and 

[maxvolts]

Amazing isn't it? it's been a pleasure to have been here from the start (mostly observing and learning) and popped onto irc a couple of times to say hello!
I would just like to say a big thank you to all the developers and guys that have worked hard on this, i have been following various coins for a while now, found the whole concept fascinating and mined bitcoin for a while. But really wanted to get into alt. but as we all know, most are just all the same. Then i stumbled across Vertcoin, and threw all my coins into vert to buy as many as i could, vert i knew would be something else, and so far i think i have proven my self right.
Hats off to the developers, a massive thank you to boristhespider for all your hard work (and everyone else involved)

You have not just created a coin, you have created a community, and i am proud to be here!

viva la vert!

[bengtåke]

Come join us on P2Pool! Pick one of the available public nodes close to your location here or start your own node if you want: https://github.com/donSchoe/p2pool-vtc

P2Pool is a distributed peer-to-peer pool, every node works together and the block rewards are shared based on the amount of shares submitted by each worker on every node on the network! Payouts are sent directly to your wallet once a block is found. You can read more at the p2pool wiki. Most of the usual questions and doubts about p2pool are addressed in this thread: https://bitcointalk.org/index.php?topic=153232.0

Stay informed, and join the fight against centralization!

[BorisTheSpider]

Is anyone else having trouble syncing the blockchain?

Yes, I added the 'addnode=' lines to vertcoin.conf.

Hi,

Some other users could help you out - please be patient, I'm sure it will sync soon.

PEOPLE - WITH THIS RATE OF GROWTH IT WOULD _REALLY_ HELP IF YOU'D DO THIS:

Please update your wallet (optional, but will help the network)

As I posted earlier, when I built the KGW release wallet, I forgot to compile UPNP into it. This has resulted in the DNS seeds taking a lot of the load, because not many users are accepting incoming connections.

It would really help if some more of you would re-download from vertcoin.org so you are accepting incoming connections so that new users can sync their wallets quickly.

Please update if you have a minute:

http://vertcoin.org/downloads/Vertcoin-setup.exe if you want the installer, http://vertcoin.org/downloads/Vertcoin-Qt-Win.zip if you prefer just the plain files.

[BorisTheSpider]

PLANNED DOWNTIME ON VTCPOOL.CO.UK


vtcpool.co.uk is undergoing a major upgrade of the servers to ensure we can maintain the high level of service you deserve as the pool continues to grow at this very rapid rate

DOWNTIME WILL START IN APPROXIMATELY 15 MINUTES

Please be patient during the upgrade. We have put on the temporary holding page that we might be down for up to an hour, but realistically I'm expecting it to be MUCH less than that.

I will post again right before we actually do the upgrade

[merkin]

I'm having a problem mining Vert coin.

I've tried 3 pools, I'm just getting (booooo)  0/33 hashes accepted etc...

anyone have any idea/

[cherominerito]

I'm having a problem mining Vert coin.

I've tried 3 pools, I'm just getting (booooo)  0/33 hashes accepted etc...

anyone have any idea/

Did you donwload modified cgminer for vertcoin? You can´t use official cgminer. It does not work

[Motjida]

I'm having a problem mining Vert coin.

I've tried 3 pools, I'm just getting (booooo)  0/33 hashes accepted etc...

anyone have any idea/

Try following this guide on difficulty adjustment: http://vtcpool.co.uk:9171/static/

[BorisTheSpider]

PLANNED DOWNTIME ON VTCPOOL.CO.UK - 1 HOUR AT MOST, PROBABLY A LOT LESS


vtcpool.co.uk is undergoing a major upgrade of the servers to ensure we can maintain the high level of service you deserve as the pool continues to grow at this very rapid rate

DOWNTIME WILL START IN APPROXIMATELY 5 MINUTES

Please be patient during the upgrade. We have put on the temporary holding page that we might be down for up to an hour, but realistically I'm expecting it to be MUCH less than that.

I will post again right before we actually do the upgrade

[merkin]

I'm having a problem mining Vert coin.

I've tried 3 pools, I'm just getting (booooo)  0/33 hashes accepted etc...

anyone have any idea/

Did you donwload modified cgminer for vertcoin? You can´t use official cgminer. It does not work

oh shit really? from their official site? then?

also, im using cudaminer..

is there an alt one ?

[gonzzo]

I'm having a problem mining Vert coin.

I've tried 3 pools, I'm just getting (booooo)  0/33 hashes accepted etc...

anyone have any idea/

Did you donwload modified cgminer for vertcoin? You can´t use official cgminer. It does not work

oh shit really? from their official site? then?

also, im using cudaminer..

is there an alt one ?

yes check the vertcoin website for download link, http://vertcoin.org/:
(note that the --algo=scrypt:2048 switch is needed to mine VTC with CUDAMiner)