the Veil Project Mining- Privacy without Compromise

[superstarbtc]

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

But still, i am facing problems with Sync, even after downloading and i placed everything that they mentioned but still, my wallet is facing issues which it is not completely synced. What are the other steps i need to follow in order to sync my wallet?

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[Wayan_Pedjeng]

Light mobile wallet is definitely a good solution  I didn't have the problem, I downloaded the snap and after 15 minutes, the sync was done. after 24h, synchronization takes about 10 minutes.

The problem not so many people can download a full blockchain, maybe if someone wanna mine it and that will worth to download it. but when you are only a buyer from the exchange site and that wants to store your coin on the wallet and light wallet should be the only solution. If there will be another wallet to be used on the android or IOS platform will much better.
Im still mining this one right now.

In that case you need to check whether any of the hardware wallets are supporting Veil nor not. Personally, I wouldn't trust any of the exchanges. Also, Veil is being traded in a limited number of exchanges. So personally I wouldn't go for an exchange wallet (previously I had bad experience with some of the exchanges as well). But right now if you don't want to install the full wallet, then you have two options: exchange wallets and hardware wallets.

[Lucasgabd]

There are many people facing issues with the wallets which sometimes it is very hard to sync the wallet even though we follow the procedure what they mentioned. Maybe they need to come up with the web wallet which will help the majority of the members to store the coins in the web wallet.

Problems with synchronizing the wallet are only at the initial start. Then if the wallet is synchronized for example once a day, then it works fine.

totally, if opening it at least once a week it's fine.
though a good web wallet could break the barrier for entry for many people.

[||bit]

Anyone having high cpu while staking? Or i am only having this issue.

It is using around %40 of cpu while it is open. And it wasn't that much when i started it or i just realized now.

The most likely reason is you have precompute enabled. This is effectively making your CPU pre-computing (as the title says...) the workload for the upcoming stakes at all times, herewith speeding up zerocoin transactions and reducing the chance you'll get orphans at the same time.

If you turn off precompute, your CPU usage will drop.

It's working as intended.

Yeah, they said if i open precompute i will have a better chance with staking but still, it is using cpu more than i think.

Is there a ratio or number for with and without precompute? Like if you have 10k tokens average 1 day stake with precomputing and without it 1.5 kinds of.

[studio1one]

totally, if opening it at least once a week it's fine.
though a good web wallet could break the barrier for entry for many people.

They did say that a lite version of the wallet is in there to do list but right now they are mainly focusing on restoring the full feature of the wallet.

[Dr.Osh]

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

But still, i am facing problems with Sync, even after downloading and i placed everything that they mentioned but still, my wallet is facing issues which it is not completely synced. What are the other steps i need to follow in order to sync my wallet?

I think I also have a little problem in sync wallet. until now the process is still 57%. well, maybe this is due to a slow internet network. Has anyone been able to overcome this problem? make scync faster?

[bittick]

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

But still, i am facing problems with Sync, even after downloading and i placed everything that they mentioned but still, my wallet is facing issues which it is not completely synced. What are the other steps i need to follow in order to sync my wallet?

I think I also have a little problem in sync wallet. until now the process is still 57%. well, maybe this is due to a slow internet network. Has anyone been able to overcome this problem? make scync faster?

That is kinda strange, usually if you download the daily snapshot and pasted all the files to the right place and right at the same day, it will usually already synced for minimum of 90%, maybe if the usual guide didnt work for you, try to place the wallet and its files to a standalone folder?
The only way to nake sync faster is through downloading snapshot I guess.

[Anny555]

I agree VEIL project have great potential.
Prefer POS mining. With 10к coins in wallet I get in about one block (50 coins) per day.

@ivan1975 aside from POS Mining, what other mining device can you recommed for me?

it seems veil will take over and its the next big thing.

[Wayan_Pedjeng]

I agree VEIL project have great potential.
Prefer POS mining. With 10к coins in wallet I get in about one block (50 coins) per day.

@ivan1975 aside from POS Mining, what other mining device can you recommed for me?

it seems veil will take over and its the next big thing.

The problem with POS mining is that it requires a mandatory minimum of 10,000 coins in your wallet and at current prices it will cost around $2,500. I am right now trying my luck with PoW mining, as I don't have that many coins in my wallet. But you are right about the future potential... We are all hoping that Veil becomes the top anonymous coin sometime soon...

[viljy]

The problem with POS mining is that it requires a mandatory minimum of 10,000 coins in your wallet and at current prices it will cost around $2,500. I am right now trying my luck with PoW mining, as I don't have that many coins in my wallet. But you are right about the future potential... We are all hoping that Veil becomes the top anonymous coin sometime soon...

Already 10k coins cost half as much, ~$1300. The price of the coin falls constantly. It is not clear what this is due to.

[Beyerd17]

The problem with POS mining is that it requires a mandatory minimum of 10,000 coins in your wallet and at current prices it will cost around $2,500. I am right now trying my luck with PoW mining, as I don't have that many coins in my wallet. But you are right about the future potential... We are all hoping that Veil becomes the top anonymous coin sometime soon...

Already 10k coins cost half as much, ~$1300. The price of the coin falls constantly. It is not clear what this is due to.

Well, as always it's due to demand and supply. I have been doing some trading in the last week and ended up with almost twice the amount I initially started with. I am one happy camper 

[VasilyS]

Today I tried to sync latest version of the wallet on Windows 10. After few hours of downloading blockchain the wallet crashed. After few attempts of starting again I stopped it. Developpers have to improve stability of the wallet.

[Beyerd17]

Today I tried to sync latest version of the wallet on Windows 10. After few hours of downloading blockchain the wallet crashed. After few attempts of starting again I stopped it. Developpers have to improve stability of the wallet.

You should rather download the blockchain they put out there for people to download. Would save you the hours of synching you were doing, much easier and much faster.

[asder250]

Today´s price drop about 30%, do you know what caused a drop? Today wasn´t a bounty distribution, or?
Maybe a last time for cumulating more tokens  .

[hulla]

It's much better to sync the wallet often, than say once a month or so. This is what I do myself and I have had no problems whatsoever when this is done. There is also the file one can download to get up to date.

But still, i am facing problems with Sync, even after downloading and i placed everything that they mentioned but still, my wallet is facing issues which it is not completely synced. What are the other steps i need to follow in order to sync my wallet?

I think I also have a little problem in sync wallet. until now the process is still 57%. well, maybe this is due to a slow internet network. Has anyone been able to overcome this problem? make scync faster?

I also have the same issue with the wallet syncing and it definitely not due to the internet but it later finish synchronized. However, I believe that's how the wallet was program just like we have with Bitcoin core full version.

[Beyerd17]

Today´s price drop about 30%, do you know what caused a drop? Today wasn´t a bounty distribution, or?
Maybe a last time for cumulating more tokens  .

It's not as much as 30% down. At the Vinex exchange it's down some 20%, and at the STEX exchange it's down some 14% since yesterday. Maybe people are anticipating the next round of bounty distribution. Who knows?

[r32godzilla]

Veil needs to be listed on bigger exchanges to bring an attention to this project. Is there any announcement that some big exchange will list Veil?
I know about recent listing on Hubi. But it doesn´t help enough with the attention and trading volume.

[studio1one]

The problem with POS mining is that it requires a mandatory minimum of 10,000 coins in your wallet and at current prices it will cost around $2,500. I am right now trying my luck with PoW mining, as I don't have that many coins in my wallet. But you are right about the future potential... We are all hoping that Veil becomes the top anonymous coin sometime soon...

For PoS mining the minimum is not 10k AFAIK. Yes, you would need more than 15k VEILs to get a stake daily but you can start PoS mining with just 1k VEIL though you will receive the after a long wait for that.

[||bit]

Veil needs to be listed on bigger exchanges to bring an attention to this project. Is there any announcement that some big exchange will list Veil?
I know about recent listing on Hubi. But it doesn´t help enough with the attention and trading volume.

It is the common mistake crypto people does. We are not seeing much product so the only way for a coin to get more value is listed on a bigger exchange. Like, 0.13$ right now listed on idax 0.20$, listed on kucoin 0.30$, listed on binance and it is 1$. But the product didn't change price only pumped because it listed somewhere else. And it will return to current price because it is the same coin.

We need development, maybe some partners for steadily price grow. Not some listings for quick pumps. And then we can be listed on a better exchange of course for better liquidity.

[ivan1975]

I agree that first necessary correct errors in the wallet, eliminate vulnerability Zerocoin protocol, and only then think about listing on the bigger exchanges.
Otherwise, listing on new exchanges will not have a positive effect on the price in the long term.