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Author Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer  (Read 1232526 times)
AlexGR
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May 15, 2014, 06:44:18 PM
 #9481

I find it funny that people that are into some other crypto are in this forums consistently trying to downplay our coin. I have never once hung out in darkcoins forum or auroracoin or quark or any coin I wasn't interested in and just started talking down their coin. I have hung out in other coins forums and asked about their model and aspirations and I respected what they said and if I didn't agree that is fine but who are you guys in this forum who are effectively advertising your coin here? We really don't care about darkcoin...

You got it backwards. People wrote some "stuff" about darkcoin to promote vertcoin as superior just a few pages ago:

Quote
Darkcoin:
1) Single developer
2) Closed source (code review for DarkSend is not exist)
3) Many versions of wallet and algorithm of max amount coins
4) Enough effective mining by CPU (hello botnets)
5) Initial orientation for illegal activity, and therefore, no chance of official recognition.
6) Unknown position single developer towards ASICs
Vertcoin:
1) Great team
2) Open source
3) Balanced policy of releases
4) Great community
5) Effective mining by GPU(goodbye botnets)
6) ASICs no pasaran ! Hardwork (new POW algorithm etc.)

...which are mostly FUD and inaccuracies. Apparently you had no problem then.

Take them 1 by 1:

1) Single developer vs great team. I asked what has the great team of vertcoin developed? How is it possible that a "single developer" has done so much job and Vertcoin has done nothing? I'm giving them an indirect kick in the butt to get things moving. That's not criticism that you should object, but rather welcome. It's what will make your and my vertcoins worth something. Expecting the next pump is not a serious strategy for doing well, in the long-term.
2) Closed source until public release. FUD.
3) Wallets change often because it's a bleeding-edge coin as it transitions from beta to RC to final for DarkSend, masternode payments, DGW3 etc etc. What is that guy saying? That stagnation is better than innovation because the wallet has to change? Wow, such stability, we never do anything, we have one wallet and we are thus better, lol.
4) Argument that goes both ways: Legitimate cpu miners feel excluded with scrypt-N
5) Privacy is not illegal and the argument "I want the government to track me because I do nothing illegal" is stupid / FUD. You don't want your bank account or credit card statement to be online for everyone to see, so why would you want this with your cryptocurrency through a public blockchain?
6) The developer has clearly expressed that Darkcoin will follow the path of Bitcoin. CPU=>GPU=>ASIC. He also said that the hashes are pretty good for ASIC although it'll be probably take time before they are ported.

As you can see the only point is (6). "We want ASIC resistance and we'll hardfork". 1-2-3-4-5 are either FUD or reversed logic and even (6) for DRK is in an air of mist that it's somehow unclear what it'll do, when it's not. For the time being both DRK and vertcoin are ASIC resistant as there are no ASICs.

Quote
just stick to drk m8 couse u dont know whats vtc about

I don't own coins that I don't know what they do.
GeminiSimba
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May 15, 2014, 06:46:54 PM
 #9482

AlexGR, you have it backwards, some darkcoin enthusiasts came into this forum and started preaching darkcoin to us and telling us about how they sold all their vtc for darkcoin, so then obviously we responded to that and then they started asking how we compare vertcoin to darkcoin. Noone here was talking about darkcoin until it was asked of us in the first place. We don't make it a point to talk down or about other coins that have nothing to do with us.


*edit* to be honest I never heard of darkcoin until someone came in here asking about it, then I had to go learn about the coin just to figure out what the fuss was about. I don't really care what other coins are coming out and what their prices are since I truly stand by and support this coin alone (besides btc ofcourse).

"You see, you and I, we believe in life. But you want to fight for it, to kill for it, even to die--for life. I only want to live it."  (Ayn Rand)
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May 15, 2014, 06:48:16 PM
 #9483

Something is goin on with DRK thats for sure the hashrate is climbing exponentially , for now I will stick to Cia,VT and EXE

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AlexGR
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May 15, 2014, 06:55:29 PM
 #9484

We don't make it a point to talk down or about other coins that have nothing to do with us.

Obviously it happened - as I just illustrated. Whether the sequence was some prior vert holder who dumped and then made a comment, or drk supporters, it's still the same. People can simply state facts. They don't have to resort to lies or fud (for other coins) or hype for their own coin. The market is the market and will sort everything out.

I'd like Vertcoin to become a real ASIC-resistant litecoin alternative but I feel it'll have to work more for it. That's how I see it anyway. If I'm wrong, the market will show it.


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May 15, 2014, 07:07:29 PM
 #9485

I'd like to remind everyone that you can merge mine this with Monocle MON which is currently 1/3 the difficulty of VTC.
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May 15, 2014, 08:03:34 PM
 #9486

AlexGR ... I guess you sitting on wrong thread... you noticed its VTC not DRK right?

I am as well mining on 1 rig DRK since over month but not because believe in it (not like Its bad coin or etc) but because have to (need little lower power usage of all rigs together)... but still I am sure VTC offering way more.... anyway good luck but get back to proper thread already as you really missing aim of this thread totally...
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May 15, 2014, 08:16:40 PM
 #9487

AlexGR ... I guess you sitting on wrong thread... you noticed its VTC not DRK right?

I am as well mining on 1 rig DRK since over month but not because believe in it (not like Its bad coin or etc) but because have to (need little lower power usage of all rigs together)... but still I am sure VTC offering way more.... anyway good luck but get back to proper thread already as you really missing aim of this thread totally...

view posts by this guy - @ AlexGR, he's a hypocrite
only a few weeks ago he was the first advocate of VTC

please do yourself a new topic and discuss their dispute VTC / DKR and there is not the topic of VERTCOIN

and I suggest the end of the year to compare the numbers  Wink

I bet on VTC  Smiley

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May 15, 2014, 08:38:22 PM
 #9488

man that whale is crazy. I think VTC might launch off like dark soon.
GeminiSimba
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May 15, 2014, 09:14:50 PM
 #9489

Please stop saying darkcoin in this forum now. I don't want us to pretend to be some rival to whatever other new coins are out there. Lets keep the topic to vertcoin specifically.

"You see, you and I, we believe in life. But you want to fight for it, to kill for it, even to die--for life. I only want to live it."  (Ayn Rand)
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May 15, 2014, 09:20:33 PM
 #9490

LTC was asic proof one year ago and that was the selling point.
Vertcoin in less than 6 months price will be same as LTC now (more from 0.02)

Get a VPN - Protect yourself
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May 15, 2014, 09:29:56 PM
 #9491

Please stop saying darkcoin in this forum now. I don't want us to pretend to be some rival to whatever other new coins are out there. Lets keep the topic to vertcoin specifically.

Discussing similar coins is really useful for understanding Vertcoin and introducing others to it.. I don't think there's any reason not to be mentioning DRK and other coins.

I think your diagnosis of the strengths of Vertcoin is spot on, by the way.  The focus on strengthening the blockchain and keeping it distributed is the correct one at the moment: anonymity is not a crucial feature right now. DRK's implementation is not ideal either.
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May 15, 2014, 09:33:05 PM
 #9492

Please stop saying darkcoin in this forum now. I don't want us to pretend to be some rival to whatever other new coins are out there. Lets keep the topic to vertcoin specifically.

Discussing similar coins is really useful for understanding Vertcoin and introducing others to it.. I don't think there's any reason not to be mentioning DRK and other coins.

I think your diagnosis of the strengths of Vertcoin is spot on, by the way.  The focus on strengthening the blockchain and keeping it distributed is the correct one at the moment: anonymity is not a crucial feature right now. DRK's implementation is not ideal either.

Thanks Eugen, I apologize, just the last thing I want is this forum to turn into a alt coin bashing situation. As long as everyone is being respectful with their comparisons and there are people with legit concerns about how we compare with other coins then fire away I suppose.

"You see, you and I, we believe in life. But you want to fight for it, to kill for it, even to die--for life. I only want to live it."  (Ayn Rand)
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May 15, 2014, 09:36:07 PM
 #9493



Coinnext Exchange added VTC/BTC

Trade at https://coinnext.com/trade/VTC/BTC

Fees are 0% for 90 days.
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May 15, 2014, 10:02:27 PM
 #9494


Take them 1 by 1:

1) Single developer vs great team. I asked what has the great team of vertcoin developed? How is it possible that a "single developer" has done so much job and Vertcoin has done nothing? I'm giving them an indirect kick in the butt to get things moving. That's not criticism that you should object, but rather welcome. It's what will make your and my vertcoins worth something. Expecting the next pump is not a serious strategy for doing well, in the long-term.
2) Closed source until public release. FUD.
3) Wallets change often because it's a bleeding-edge coin as it transitions from beta to RC to final for DarkSend, masternode payments, DGW3 etc etc. What is that guy saying? That stagnation is better than innovation because the wallet has to change? Wow, such stability, we never do anything, we have one wallet and we are thus better, lol.
4) Argument that goes both ways: Legitimate cpu miners feel excluded with scrypt-N
5) Privacy is not illegal and the argument "I want the government to track me because I do nothing illegal" is stupid / FUD. You don't want your bank account or credit card statement to be online for everyone to see, so why would you want this with your cryptocurrency through a public blockchain?
6) The developer has clearly expressed that Darkcoin will follow the path of Bitcoin. CPU=>GPU=>ASIC. He also said that the hashes are pretty good for ASIC although it'll be probably take time before they are ported.

As you can see the only point is (6). "We want ASIC resistance and we'll hardfork". 1-2-3-4-5 are either FUD or reversed logic and even (6) for DRK is in an air of mist that it's somehow unclear what it'll do, when it's not. For the time being both DRK and vertcoin are ASIC resistant as there are no ASICs.

Quote
just stick to drk m8 couse u dont know whats vtc about

I don't own coins that I don't know what they do.

Since I don't really know Darkcoin, what is this "so much job" that the developper has done ?

I get your point, but there's limited possibilites of innovation with these coins. What does Bitcoin or Litecoin have that Vertcoin doesn't on a technical point of view ? Maybe Vertcoin is good enough right now and what's left to be done is improve adoption.

BTC: 1PoM7Us1VwPAfULsyTcwjqAeZMjRwiokB4
usao
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May 15, 2014, 10:05:46 PM
 #9495

I mostly see options for enhancements to wallets, but not much to the coin itself.
Seems the options in coins is mostly marketing... Those who are good at marketing a new coin can drive interest in it.
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May 15, 2014, 11:17:14 PM
 #9496

Ahhh snap! Guess who just got #1 position as the most profitable crypto coin to mine!?

http://www.coinwarz.com/cryptocurrency

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May 15, 2014, 11:20:58 PM
 #9497

http://new.hashharder.com/scrypt-n/vertcoin%20merged

Hash Harder Triple Mining. VTC/MON/PLX.


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May 16, 2014, 12:01:28 AM
 #9498

Diff is all-time high at 300 !

BTC: 1PoM7Us1VwPAfULsyTcwjqAeZMjRwiokB4
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May 16, 2014, 12:48:47 AM
 #9499

Hi all!

I really like the way this coin is progressing ! and its really nice how it has such an active community... I think its really KEY for this coin's success and I'm happy to join you all  Smiley

There is a question I got for everyone here..

Which pool would you recommend me to mine VTC at ?

I am currently mining in dedicatedpools and I'm really getting way less than what I'm supposed to be getting from with around 1200kh ( the WU worker utility is also around that mark) so i guess that the pool had some hard time finding blocks lately. yes I know it sounds greedy but I would like to get to know about some reliable pools with high pool hashrath Smiley

Any suggestions would be highly appreciated !

Thanks from advance
hammer24p
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May 16, 2014, 01:08:07 AM
 #9500



Composed Chaos - Predictable payouts out of statistical chaos.

BlockBreaker Jackpot! Every round that ends in less than 75 percent will place 5 VTC in a jackpot. Jackpot rewarded to block finder of 5 percent or less roundtime!

We are patched against the Heartbleed SSL flaw. Test us here.

Stratum available @ stratum+tcp://stratum.composedchaos.net:3338 Merge VTC+MON Mining available! Stratum @ stratum+tcp://stratum.composedchaos.net:9595. Merge mining VTC+MON+PLX Coming soon!!!

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