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Author Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer  (Read 1232526 times)
bengx
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May 24, 2014, 05:16:38 PM
 #9801

WHERE ARE EVERYONE?? Angry Angry

don't worry, VTC supporters are here Cool

WHERE IS YOUR SUPPORT THEN? I TRIED TO PUMP THE PRICE AND I DID A LITTLE FROM .0017 TO .002
IF EVERYONE HELP ER  CAN MAKE VTC PRICE GO HIGHER LIKE DARK AND BC GUYS DOING
IT SHOULD AT LEAST .003 SO HELP PUMPING PRICE

Uh, no.
MichBjukenon
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May 24, 2014, 06:24:39 PM
 #9802

WHERE ARE EVERYONE?? Angry Angry

don't worry, VTC supporters are here Cool

WHERE IS YOUR SUPPORT THEN? I TRIED TO PUMP THE PRICE AND I DID A LITTLE FROM .0017 TO .002
IF EVERYONE HELP ER  CAN MAKE VTC PRICE GO HIGHER LIKE DARK AND BC GUYS DOING
IT SHOULD AT LEAST .003 SO HELP PUMPING PRICE

this is wrong on so many levels...
Sharkzz1
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May 24, 2014, 08:05:44 PM
 #9803


The guys behind Vertpay went out on a limb to see if they could get funding for a Vertcoin-only version of their payment service. After a severe moderator endorsed FUD-campaign/community backlash on Reddit, they decided that it wasn't going to happen. And that they'd better to follow their original idea of having a multi-coin payment service, rather than a single coin service. So Vertpay as a Vertcoin only payment service is no more, the service will be called Paybee afaik (Vertcoin should be one of the supported coins). 

Disclaimer: This is entirely their decision, and I had nothing to do with it.

I was going to say what you just said and I did but then deleted the comment, I wasn't sure if they wanted the existence of paybee out yet until they finished the software for it but since you said it I'll back you up. I actually bought 200 shares of paybee so i'm happy Smiley

where can you buy the paybee shares??
jk_14
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May 24, 2014, 09:00:44 PM
 #9804


Is this risk below related also to stealth vertcoin addresses?

"Secondly, the key feature of DRK, anonymity, is also its greatest weakness for going mainstream. You have seen how hostile governments have been to just Bitcoin, which transactions can be traced in. Now imagine DRK popping up into the mainstream, do you think governments will sit idle and let businesses accept it? Some might, others will clamp down even harder than they did with Bitcoin. Countries that are friendly to Bitcoin now might not be friendly to a coin that has money laundering built right into it. Yes, a government can't stop the protocol, but they can stop businesses from accepting it by making the use illegal. Most likely, this would not be hard to achieve as they could simply make the argument the main use of the coin is for money laundering. If they made it illegal, it won't stop it being used on the black markets, but it will stop it from ever going mainstream because everyday businesses simply aren't going to break the law to allow a new payment method. So its growth potential would probably be limited to the black market. I don't think you would ever see Amazon or any big company using it, because of the backlash and the government crackdowns.

This is something that a lot of people don't realize I think. They think "hahahah government can't stop me". No, they can't, but they can stop the coin from ever reaching a mainstream audience. Litecoin has a good rep. Its the oldest alt coin still around. Yes, the technology of DRK is far superior, but it won't really matter if the government(s) never allow it to be used to purchase everyday things. Bitcoin and Litecoin are just starting to be viewed favorably in some countries, things like DRK will not help cryptocurrency as a whole because then it gives government a reason to crackdown."
https://litecointalk.org/index.php?topic=19819.msg173311#msg173311
spikers
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May 24, 2014, 09:52:16 PM
 #9805

POOLZ.NET VTC/MON/PLX MERGED MINING POOL VERTMERGED.POOLZ.NET HAS BEEN LAUNCHED !
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HELP SPREAD THE HASHRATE!
BorisTheSpider
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May 24, 2014, 10:54:16 PM
 #9806



Is this risk below related also to stealth vertcoin addresses?

"Secondly, the key feature of DRK, anonymity, is also its greatest weakness for going mainstream. You have seen how hostile governments have been to just Bitcoin, which transactions can be traced in. Now imagine DRK popping up into the mainstream, do you think governments will sit idle and let businesses accept it? Some might, others will clamp down even harder than they did with Bitcoin. Countries that are friendly to Bitcoin now might not be friendly to a coin that has money laundering built right into it. Yes, a government can't stop the protocol, but they can stop businesses from accepting it by making the use illegal. Most likely, this would not be hard to achieve as they could simply make the argument the main use of the coin is for money laundering. If they made it illegal, it won't stop it being used on the black markets, but it will stop it from ever going mainstream because everyday businesses simply aren't going to break the law to allow a new payment method. So its growth potential would probably be limited to the black market. I don't think you would ever see Amazon or any big company using it, because of the backlash and the government crackdowns.

This is something that a lot of people don't realize I think. They think "hahahah government can't stop me". No, they can't, but they can stop the coin from ever reaching a mainstream audience. Litecoin has a good rep. Its the oldest alt coin still around. Yes, the technology of DRK is far superior, but it won't really matter if the government(s) never allow it to be used to purchase everyday things. Bitcoin and Litecoin are just starting to be viewed favorably in some countries, things like DRK will not help cryptocurrency as a whole because then it gives government a reason to crackdown."
https://litecointalk.org/index.php?topic=19819.msg173311#msg173311

We've always been of the same view - back when Zerocoin implementation was being discussed, we decided against it (and in favour of stealth addresses) precisely because of these issues, which we feel will stand in the way of mainstream adoption of any truly anonymous cryptocurrency.

Stealth addresses are different - they give some privacy, but all the transactions are still there in public sight on the blockchain - there's a record of the transactions that have taken place, and nothing becomes truly untraceable, but they do provide decent privacy akin to what you expect from the banking system - ie. everyone else can't view all your transactions and link them easily to you.

The other benefit is, all the usual blockchain tools work, and you don't lose all those nice features as a result of anonymising a lot of transactions.
tolguen
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May 25, 2014, 10:22:44 AM
 #9807

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!
adaseb
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May 25, 2014, 10:25:31 AM
 #9808

The reason why price is going down and down is because there are basically no buy orders. That's why it keeps dropping so fast.

Instead of buying at market people should just add bids .

Winky
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May 25, 2014, 10:37:27 AM
 #9809

Which direction will VTC go? Will it take the same path like LTC with the next bubble? Or will it get killed by x11 or other algos? Time will tell..
mega
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May 25, 2014, 10:39:25 AM
 #9810

Which direction will VTC go? Will it take the same path like LTC with the next bubble? Or will it get killed by x11 or other algos? Time will tell..

lol. Just negative options?
I'm pretty sure that VTC is going ONE direction. UP!
But dont trust my words. Go mine some shit coins, ahah Wink
Time will tell!

Got my account back! It was hacked. Sorry about it :|
Winky
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May 25, 2014, 11:29:18 AM
 #9811

Which direction will VTC go? Will it take the same path like LTC with the next bubble? Or will it get killed by x11 or other algos? Time will tell..

lol. Just negative options?
I'm pretty sure that VTC is going ONE direction. UP!
But dont trust my words. Go mine some shit coins, ahah Wink
Time will tell!

The first one was positive. In the november bubble LTC went from under 1$ to almost 50$.
jk_14
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May 25, 2014, 12:05:50 PM
 #9812


The first one was positive. In the november bubble LTC went from under 1$ to almost 50$.

under 2$, in fact
jk_14
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May 25, 2014, 12:47:43 PM
Last edit: May 25, 2014, 01:50:44 PM by jk_14
 #9813


We've always been of the same view - back when Zerocoin implementation was being discussed, we decided against it (and in favour of stealth addresses) precisely because of these issues, which we feel will stand in the way of mainstream adoption of any truly anonymous cryptocurrency.

Stealth addresses are different - they give some privacy, but all the transactions are still there in public sight on the blockchain - there's a record of the transactions that have taken place, and nothing becomes truly untraceable, but they do provide decent privacy akin to what you expect from the banking system - ie. everyone else can't view all your transactions and link them easily to you.

The other benefit is, all the usual blockchain tools work, and you don't lose all those nice features as a result of anonymising a lot of transactions.


Thank you for your clarification.


And I have one thought here - so short, common story then:

There is a woman. She has a man - a right, good man...
And the only reason cause her completely unhappy - is the fact, that this man is not used to repeat ten times per day:
"I love you so much, my sweetest darling!"


And I see this syndrome here...  Wink
bengx
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May 25, 2014, 01:04:03 PM
 #9814


The first one was positive. In the november bubble LTC went from under 1$ to almost 50$.

under 2$, in fact

But LTC/BTC didn't really budge until the end if you look at the charts, and even then it peaked for a moment before coming back down to 0.03BTC/LTC. Much of the run up from $1 up to the current price duringApril 2013 till Nov 2013 was because price of BTC went up.
ghcannon
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May 25, 2014, 01:11:57 PM
 #9815

WHERE ARE EVERYONE?? Angry Angry

don't worry, VTC supporters are here Cool

WHERE IS YOUR SUPPORT THEN? I TRIED TO PUMP THE PRICE AND I DID A LITTLE FROM .0017 TO .002
IF EVERYONE HELP ER  CAN MAKE VTC PRICE GO HIGHER LIKE DARK AND BC GUYS DOING
IT SHOULD AT LEAST .003 SO HELP PUMPING PRICE

Nobody went anywhere, we're just chillin and buyin Smiley
Chill dude I also helped for the spike by buying some 4-5k. Let the coin has it's natural course ..
cubevtc
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Ceck me in livestream twith


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May 25, 2014, 06:43:37 PM
 #9816

Triple-mining Proxypool (VTC+MON+PLX) invites you to

Join us at http://pool.cubeconnex.com


Mining URL : stratum+tcp://stratum.cubeconnex.com:7777

Simply set your miner as follows :
vertminer -o stratum+tcp://stratum.cubeconnex.com:7777 -u <My_Vertcoin_Address> -p <My_Monocle_Address>.<My_Parallax_Address>

Try it and you will like it.  Wink

ZBBBB
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May 25, 2014, 06:58:40 PM
 #9817

Anyone able to help me out here. Long story short, my config has somehow gotten messed up. I was running this before with my R9 290s getting 420 each, not it crashes when I launch vertminer. It's isnt my system as cgminer is running fine at 875khs. Any help would be AMAZING!

{
"pools" : [
 {
  "url" : "vtc.give-me-coins.com:3337",
  "user" : "username",
  "pass" : "x"
 } 
]
,
"intensity" : "19, 20, 20, 20, 19",
"vectors" : "1",
"worksize" : "256",
"gpu-engine" : "1000",
"gpu-memclock" : "1500",
"gpu-memdiff" : "0",
"gpu-vddc" : "1.049",
"thread-concurrency" : "24550",
"shaders" : "0",
"gpu-powertune" : "20",
"gpu-threads" : "1",
"no-pool-disable" : true,
"scrypt-vert" : true,
"temp-cutoff" : "92",
"temp-overheat" : "85",
"temp-target" : "80",
"auto-fan" : true,
"api-port" : "4028",
"expiry" : "120",
"gpu-dyninterval" : "7",
"gpu-platform" : "0",
"gpu-threads" : "1",
"hotplug" : "5",
"log" : "5",
"no-pool-disable" : true,
"queue" : "1",
"kernel-path" : "/usr/local/bin"
}
dotnetmin
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May 25, 2014, 07:33:22 PM
 #9818

I see the momentary decline in price only related to DRK. I myself did a lot of research over the last three months and i endend in two coins.
DRK and VTC. I think a lot of people also were on the same track and as now for the moment DRK made the game a lot of VTC were sold for DRK.
As i tanked DRK on low levels i did not sold any VTC for DRK and only watch the game on the sideline and still have my VTC.

As BTC is the uptrend and LTC in the downtrend it looks like LTC with all the Asic miners going for ROI it´s time for me to say goodby LTC.
I already bought another 500 VTC the last days for LTC.
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May 25, 2014, 08:07:56 PM
 #9819

Now is  more profitable to mining other coins and buy VTC  Wink
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May 25, 2014, 08:10:41 PM
 #9820

Now is  more profitable to mining other coins and buy VTC  Wink

DRK?
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