Vertcoin (OP)
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June 30, 2014, 01:19:19 PM |
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i don't agree holding 20k like a boss. sorry not being very active i have so much to do. I'd say that something needs to be done to avoid such inflation; but pow = $ when pos = air You can say whatever you want to prove me wrong; but pow mining bring $ to your coin; when pos don't. Changing algo / specs can solve the problem; but switching to pos will bring vtc at the same level than 1000 other pow/pos coins. I didn't really follow what's going on; but if stealth address is a decent protocol and is released soon along with that change in specs; i could buy some more (even with stealth address not showing up soon); but switch to pos will make me run. anyway you decide cheers We are pleased to announce the official MON giveaway. In order to encourage Vertans to update their wallets to the new version for supporting Stealth Address transactions, we are targeting this giveaway to Vertans. Anyone whose posts Stealth Address in here is eligible to receive 5 MONs. We are currently having 1,500 MONs. This amount will decrease over the course of the giveaway. Giveaway thread : http://www.reddit.com/r/vertcoin/comments/29eumr/mon_giveaway/Download link : http://www.reddit.com/r/vertcoin/comments/298wpl/monocle_stealth_address_release_candidate_1/Stealth addresses are now on MON mainnet : http://www.reddit.com/r/vertcoin/comments/29cm2i/stealth_addresses_are_now_on_mon_mainnet/i have p2pool vtc merged mining with monocle, do i need to change address or just copy the monocled. and restart wallet ? You can just copy the monocled and restart your wallet.
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VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA Please contact us via contact[at]vertcoin.org only, do not PM.
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mega
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June 30, 2014, 01:20:45 PM |
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Done!
vJmtU8CVFp5ivpMUpeAjPDqVYKpXTyUCNafePnFz9D6X8DY6VPgmqj2vra3oh9N52vc5KDZgtAhhWes 1VKRnpbPzfBjhAERfvpZKG1
I think he means to post in the giveaway thread. We would get too cluttered if everyone posted here mate Sry, didn't noticed that
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Got my account back! It was hacked. Sorry about it :|
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rontz
Newbie
Offline
Activity: 23
Merit: 0
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June 30, 2014, 01:24:08 PM |
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Well the emotions are high but i think VTC should just continue its previous plan. Stealth and next new ASIC resistant algo.
At least should not drift away much from original principles that it was founded on.
Shit just happens, VTC happens to be at the moment best coin to mine to get BTC and thats it. There will be another victim soon to this. And winner is the one that has most real world applications.
And +1 to this delayed source code publishing idea.
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jwinterm
Legendary
Offline
Activity: 3136
Merit: 1116
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June 30, 2014, 01:30:32 PM |
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Well the emotions are high but i think VTC should just continue its previous plan. Stealth and next new ASIC resistant algo.
At least should not drift away much from original principles that it was founded on.
Shit just happens, VTC happens to be at the moment best coin to mine to get BTC and thats it. There will be another victim soon to this. And winner is the one that has most real world applications.
And +1 to this delayed source code publishing idea.
agree 99% (I kind of think delayed source code is unnecessary, what's gonna happen? price is gonna tank? ). but really, price is dropping because vtc has been the most profitable coin to mine for months now, and it's been mined and dumped, and it's still the most profitable to mine. I think if fundamentals of the coin are messed with (i.e. block reward structure), it's just going to scare people away and the situation will get worse.
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turtoro
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June 30, 2014, 01:34:37 PM |
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Well the emotions are high but i think VTC should just continue its previous plan. Stealth and next new ASIC resistant algo.
At least should not drift away much from original principles that it was founded on.
Shit just happens, VTC happens to be at the moment best coin to mine to get BTC and thats it. There will be another victim soon to this. And winner is the one that has most real world applications.
And +1 to this delayed source code publishing idea.
agree 99% (I kind of think delayed source code is unnecessary, what's gonna happen? price is gonna tank? ). but really, price is dropping because vtc has been the most profitable coin to mine for months now, and it's been mined and dumped, and it's still the most profitable to mine. I think if fundamentals of the coin are messed with (i.e. block reward structure), it's just going to scare people away and the situation will get worse. Whats the worst that can happen, price will drop? I say just do it.+
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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June 30, 2014, 01:35:59 PM Last edit: June 30, 2014, 01:47:39 PM by noobtrader |
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i don't agree holding 20k like a boss. sorry not being very active i have so much to do. I'd say that something needs to be done to avoid such inflation; but pow = $ when pos = air You can say whatever you want to prove me wrong; but pow mining bring $ to your coin; when pos don't. Changing algo / specs can solve the problem; but switching to pos will bring vtc at the same level than 1000 other pow/pos coins. I didn't really follow what's going on; but if stealth address is a decent protocol and is released soon along with that change in specs; i could buy some more (even with stealth address not showing up soon); but switch to pos will make me run. anyway you decide cheers We are pleased to announce the official MON giveaway. In order to encourage Vertans to update their wallets to the new version for supporting Stealth Address transactions, we are targeting this giveaway to Vertans. Anyone whose posts Stealth Address in here is eligible to receive 5 MONs. We are currently having 1,500 MONs. This amount will decrease over the course of the giveaway. Giveaway thread : http://www.reddit.com/r/vertcoin/comments/29eumr/mon_giveaway/Download link : http://www.reddit.com/r/vertcoin/comments/298wpl/monocle_stealth_address_release_candidate_1/Stealth addresses are now on MON mainnet : http://www.reddit.com/r/vertcoin/comments/29cm2i/stealth_addresses_are_now_on_mon_mainnet/i have p2pool vtc merged mining with monocle, do i need to change address or just copy the monocled. and restart wallet ? You can just copy the monocled and restart your wallet. thanks, im restarting walllet now... edit: sx address in reddit
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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Crypto_EX
Member
Offline
Activity: 70
Merit: 10
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June 30, 2014, 01:47:51 PM |
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some nice ideas right there ...
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rontz
Newbie
Offline
Activity: 23
Merit: 0
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June 30, 2014, 01:50:39 PM |
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agree 99% (I kind of think delayed source code is unnecessary, what's gonna happen? price is gonna tank? ). but really, price is dropping because vtc has been the most profitable coin to mine for months now, and it's been mined and dumped, and it's still the most profitable to mine. I think if fundamentals of the coin are messed with (i.e. block reward structure), it's just going to scare people away and the situation will get worse. In general i am in favor of opensource. But the amount of copy-paste things flying around (diluting the solution) is depressing. Maybe delaying the source code availability is not the best option but might at least help to make distinction between teams that make stuff and teams that copy stuff.
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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June 30, 2014, 02:07:54 PM |
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i don't agree holding 20k like a boss. sorry not being very active i have so much to do. I'd say that something needs to be done to avoid such inflation; but pow = $ when pos = air You can say whatever you want to prove me wrong; but pow mining bring $ to your coin; when pos don't. Changing algo / specs can solve the problem; but switching to pos will bring vtc at the same level than 1000 other pow/pos coins. I didn't really follow what's going on; but if stealth address is a decent protocol and is released soon along with that change in specs; i could buy some more (even with stealth address not showing up soon); but switch to pos will make me run. anyway you decide cheers What do you think about 10% POS/ 90% POW? It can help with immediate dump. pure pow is bad because it reward dumper, pure pos is bad because it reward hodler. pos/pow is ok i think, but would be better to limit pow according to coin inside wallet if possible as i suggest earlier. 100% POS is bad because it does not give value for coin. Reward depends on coins that you have, it is POW with POS style. But percent will need to be limited, I mean max reward in coins (e.g. someone has 10K vtc and percent will 10% he will get 1000 coins but max cap for reward is 100). So everyone could just buy 1K and no more and dump all coins they will get. sure but buying to get 1000 coin will pump price , and you miss the idea... even if asic hit vertcoin at that "POS with POS style" they cannot just reap and dump VTC because bigger miner need to hold bigger VTC thats the whole idea...
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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VTCbuddy
Newbie
Offline
Activity: 5
Merit: 0
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June 30, 2014, 02:15:47 PM |
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Lets change algo, lets change block reward, lets change the total number of coins and finally lets change the name --- Trollcoin.
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DARKANGEL6415
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June 30, 2014, 02:25:10 PM |
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Come on guys, it can be simpler...I'd suggest using Yacoin's dynamic block reward and go multi algo as suggested. Yacoin's usd valuation has been relatively stable, and the coin is still great for miners. mmmm how moist do they make you and why
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Lucky - Luciano
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June 30, 2014, 02:36:44 PM |
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I think POS is not a good idea. Interest will only create more money and thereby devalue it further. I lost a lot of money on Mintcoins and ECCoin (they are POS).
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turtoro
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June 30, 2014, 02:41:33 PM |
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Lets change algo, lets change block reward, lets change the total number of coins and finally lets change the name --- Trollcoin.
Adjusting algorithm to maintain the viability of the coin is not unreasonable and is certainly even commendable ...if it is done carefully and well thought out. This is all uncharted waters.
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wankoran
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June 30, 2014, 02:48:01 PM |
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The price will up soon
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OPC: oQJ419pEiNRWzd5QgaTFm9Mu7s2DZJsphn
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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June 30, 2014, 03:31:00 PM |
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do we post address here or reddit ? here is my addrs anyway vJmyjGhbSYZTjmpQbxe7dq7xNQPLftUmotcgk59CcqMRMPD6eqiniu9VRXybZX5Qk4cCo2TfVxDxjo3 uR37P7KSdyshzpv7BNDbnjW
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"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com
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Vertcoin (OP)
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June 30, 2014, 03:41:17 PM |
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do we post address here or reddit ? here is my addrs anyway vJmyjGhbSYZTjmpQbxe7dq7xNQPLftUmotcgk59CcqMRMPD6eqiniu9VRXybZX5Qk4cCo2TfVxDxjo3 uR37P7KSdyshzpv7BNDbnjW Status: 0/unconfirmed, broadcast through 8 node(s) Date: 6/30/2014 11:41 To: MVcrynVas5ExQdCbcpPRAZzUdBzz2dQjhN Debit: -5.00 MON Debit: 0.00 MON Transaction fee: -0.02 MON Net amount: -5.02 MON Transaction ID: f2bdd7fccbd3d32c116ae7b5e9e60a00a17d199e335c637e4cb61f6a3e2223d7
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VTC Stealth Address : vJmt8sF4iySr2RnJdZJdqk7CbJMQzwPwQwUsQwKF27qPE7qv9gfhjYqD6VapALi6jv8j6VKUvXYEto6 xmtxoq9oUyBXbV9XsYdt6sA Please contact us via contact[at]vertcoin.org only, do not PM.
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ymer
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June 30, 2014, 04:15:38 PM |
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My MON stealth address vJmubTZCrfcH13etpq2Ug7BxQgfqe357A1qrA2xcNHFKnVEXcWt2iXqcf4yUTmKMLKfumYXLFBUXcFB qVPydTSS7bAeTPeBTKWkh4p
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TheGreatBulbulito
Newbie
Offline
Activity: 14
Merit: 0
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June 30, 2014, 04:30:50 PM |
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The price is so low I can't believe my eyes
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Crypto_EX
Member
Offline
Activity: 70
Merit: 10
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June 30, 2014, 04:33:14 PM |
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The price is so low I can't believe my eyes
thanks to multi pools and people mining and dumping @ a loss it doesn't even make sense ...
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