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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355397 times)
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July 20, 2014, 01:41:14 PM
 #10601

Guys when i open my wallet in the beginning it says NETWORK ALERT although i downloaded the new wallet 1.3.3. Do i have to do something or is this normal?  Thanx for your answer.
I had this warning also a few days ago and it freaked me out at the beginning, was thinking my vericoins were being hacked like MP's. Then later I realised it was because an information was being sent to all wallets for the newest version. It was a message telling to get the 1.3.3 version.
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July 20, 2014, 01:42:16 PM
 #10602

Cause of this coin's infinite coin age, it's easier to kill using this vulnerability.

VeriCoin does not have "infinite" age but rather finite. Look at the code Smiley. In addition, your attack vector works on coins with very low network stake weight as well as very very long coin age, however, the probability that you would hit 6 blocks in a row before others with less than 30% of the network stake with a 9 million network stake weight (current) is minimal. And of course attacking would then blow your entire coinage and reduce it to nothing again making you have to wait another year to attempt to attack again.

Finally, no matter how it's argued, the supernodes would not checkpoint your blocks because of auto checkpointing which is done every block on the current longest block. So you can't fork off 10 blocks behind after you spent to try to beat out the current chain.

Until auto sync checkpointing is disabled, your attack vector is useless.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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July 20, 2014, 03:12:42 PM
 #10603

Cause of this coin's infinite coin age, it's easier to kill using this vulnerability.

VeriCoin does not have "infinite" age but rather finite. Look at the code Smiley. In addition, your attack vector works on coins with very low network stake weight as well as very very long coin age, however, the probability that you would hit 6 blocks in a row before others with less than 30% of the network stake with a 9 million network stake weight (current) is minimal. And of course attacking would then blow your entire coinage and reduce it to nothing again making you have to wait another year to attempt to attack again.

Finally, no matter how it's argued, the supernodes would not checkpoint your blocks because of auto checkpointing which is done every block on the current longest block. So you can't fork off 10 blocks behind after you spent to try to beat out the current chain.

Until auto sync checkpointing is disabled, your attack vector is useless.

Thanks Pat for clearing that up
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July 20, 2014, 04:48:02 PM
 #10604

Booked a hotel using Veribit Smiley

Rather than go through Expedia, got a "Global Hotel Card" used eGifter (this is also available on Gyft).  eGifter right now is offering 3% off the purchase of the gift card when using Veribit, and 3% additional points toward next purchase Smiley

Quick and speedy, everything went through smooth.
nice i will deff look into that now i have never heard of that place does it work for hotels in the usa?

https://globalhotelcard.com/ is powered by Orbitz, works just like Expedia, Hotwire, etc.   


eGifter and Gyft are both gift card dealers that have awesome Android and iPhone apps.  I used Gyft a lot more, I love the app, for little things like Steak n Shake, Burger King, etc.   Both sites/apps offer a lot of categories and a lot of places.  Recently though I have made the switch to eGfiter, as you can't beat 3% off AND 3% your next purchase (6% total basically) when you use Bitcoin.    Thus using Vericoin with Veribit, things are a win win win.   I highly suggest getting both apps, Gyft is much prettier and organized imo, but eGifter has a better deal right now, and also accepts Litecoin and Dogecoin.
So i checked out that link kinda made me worried how simple the site looked, but they do seem to be good i will keep them in mind for my vacation in september Smiley

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July 20, 2014, 04:49:26 PM
 #10605

@yoroyrobin 335,000+ followers

https://twitter.com/YoRoyRobin/status/490569473083334657

He has already tweeted about vericoin in the past. He mentioned he will keep tweeting about VRC for some donations. That is quite a lot of followers! Pretty cool stuff.

that is a pretty large number of twitter followers question is how many of those are real people and of those who are real do they even care about crypto like VRC? I wonder how much of " donation " he wants and what information he gives out when whe tweets?


Their followers are fake. No reason to give them any attention.
so they are fake? well thatnk you for answering that question for me. While even a little press is good it does no good if it goes to fake people lol

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July 20, 2014, 04:51:35 PM
 #10606

like the picture the badges facing us would have been good, BUT the part that gets me the most is the old man in the picture somehow i only pictured people like under 35 maybe 40 interested in crypto glad to see im wrong.... Vericoin can get  asugar daddy now Tongue

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July 20, 2014, 04:53:20 PM
 #10607

lol this paypal coin still exists? Shocked Grin
it sure does would you like for use to point you in the direction of a nice faucet so you can get some crumbs of vrc?

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July 20, 2014, 04:56:38 PM
 #10608

like the picture the badges facing us would have been good, BUT the part that gets me the most is the old man in the picture somehow i only pictured people like under 35 maybe 40 interested in crypto glad to see im wrong.... Vericoin can get  asugar daddy now Tongue

I would trust these fantastic Devs with every BTC i have got, but not sure if i would leave my doughnuts alone with them  Grin

But seriously. Vericoin is one of only a small handful of coins in the crypto (corrupto) world i world trust right now.

Long live Vericoin and all those who invest in her.
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July 20, 2014, 05:00:05 PM
 #10609

If you want to help the Vericoin Devs and support further development of Vericoin then BUY YOUR PHSICAL VERICOIN LOTTO TICKETS AND VERICOIN LOGO STICKERS NOW!!!!

50% of all sales go straight to the Verifund to help support development and you get something out of it too!!!!! PM me for details.


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.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
amesterdamer
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July 20, 2014, 05:11:20 PM
 #10610

madjules007
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July 20, 2014, 05:22:19 PM
 #10611


Nice one

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RISE
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July 20, 2014, 05:43:49 PM
 #10612


 somehow i only pictured people like under 35 maybe 40 interested in crypto glad to see im wrong

Yep, you're definitely wrong.  People with money know when there's money to be made, and old people have money.
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July 20, 2014, 05:48:14 PM
 #10613

Get your Veri own VeriCoin T-shirts and hats here!  1/2 of the profits go to the VeriFund. 

https://shop.moolah.io/VRClothes



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July 20, 2014, 06:10:46 PM
 #10614



Another pro-bono support that I gave. This time was the logo and webdesign for the www.vrcradio.com

Hope you guys like the new looks!

RE https://twitter.com/BrunoPro79/status/490921445158318080
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July 20, 2014, 06:15:44 PM
 #10615

Booked a hotel using Veribit Smiley

Rather than go through Expedia, got a "Global Hotel Card" used eGifter (this is also available on Gyft).  eGifter right now is offering 3% off the purchase of the gift card when using Veribit, and 3% additional points toward next purchase Smiley

Quick and speedy, everything went through smooth.
nice i will deff look into that now i have never heard of that place does it work for hotels in the usa?

https://globalhotelcard.com/ is powered by Orbitz, works just like Expedia, Hotwire, etc.   


eGifter and Gyft are both gift card dealers that have awesome Android and iPhone apps.  I used Gyft a lot more, I love the app, for little things like Steak n Shake, Burger King, etc.   Both sites/apps offer a lot of categories and a lot of places.  Recently though I have made the switch to eGfiter, as you can't beat 3% off AND 3% your next purchase (6% total basically) when you use Bitcoin.    Thus using Vericoin with Veribit, things are a win win win.   I highly suggest getting both apps, Gyft is much prettier and organized imo, but eGifter has a better deal right now, and also accepts Litecoin and Dogecoin.
So i checked out that link kinda made me worried how simple the site looked, but they do seem to be good i will keep them in mind for my vacation in september Smiley
is Veribit working now?
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July 20, 2014, 06:34:52 PM
 #10616

I m out, left about 3000VRC just in case.
Despite hard work from the team who was and is amazing there is nothing we can predict in crypto. For example I sold LitecoinX at the same price I sold VRC, few other coins too. Those coins has nothing that can be compared to VRC. Why I sold VRC you may ask, just because I m afraid of another failure loss I experienced in last few months. Every night I go to sleep waiting to wake up to realize that my investment is 2000% down so I just can't wait anymore to see price goes as it should be. Integrated features in VRC wallet is something I don't use and IMHO VeriBit is strange thing to me because I see it as a dump option and in fact I think that if many ppl use it that will lower the price of the VRC on the market. Also multipool didn't had strength to push price up. Complete story could be different if coin volume was lower. Regarding POS, those few people who are holders can stake VRC and just from staking they can earn a lot on exchanges every few days just by dumping. In that position those who has few hundreds don't have many options, only to invest more BTC. In fact if you have enough VRC you can earn much more just by staking than mining on multipool, no matter what equipment you have. Complete story about mintpal forced huge investors out and a lesson for them to think twice before invest into any POS coin. What was interesting to me is that this coin had so much variations in price on every single day so I was able to earn 1000VRC per day just selling high and buying again on the positions where you never expect to see it.

I must say again that this coin have best team with amazing knowledge and community tightly connected to the team who is trying to make all public and explain every little detail. But, history learns us that this is not enough.      

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July 20, 2014, 06:46:05 PM
 #10617

Every night I go to sleep waiting to wake up to realize that my investment is 2000% down

How do you lose 2000% a day? If you check your accounting records, you might find a 1900%+ discrepancy somewhere.


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July 20, 2014, 06:48:54 PM
 #10618

Just check coins like maia,bitblock,maru,voot,iceberg,apex,conceal and their failure by just few days and those were my loses in last 15 days. So maybe all of you can judge me but situation in crypto world is too risky now to wait for anything go up.

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July 20, 2014, 06:51:53 PM
 #10619

Just check coins like maia,bitblock,maru,voot,iceberg,apex,conceal and their failure by just few days and those were my loses in last 15 days. So maybe all of you can judge me but situation in crypto world is too risky now to wait for anything go up.

Poor choice in coins my friend...sorry but you can't compare fly by night coins or scam coins to Vericoin. VRC will be around for along time!
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July 20, 2014, 06:55:30 PM
 #10620

I m out, left about 3000VRC just in case.
Despite hard work from the team who was and is amazing there is nothing we can predict in crypto. For example I sold LitecoinX at the same price I sold VRC, few other coins too. Those coins has nothing that can be compared to VRC. Why I sold VRC you may ask, just because I m afraid of another failure loss I experienced in last few months. Every night I go to sleep waiting to wake up to realize that my investment is 2000% down so I just can't wait anymore to see price goes as it should be. Integrated features in VRC wallet is something I don't use and IMHO VeriBit is strange thing to me because I see it as a dump option and in fact I think that if many ppl use it that will lower the price of the VRC on the market. Also multipool didn't had strength to push price up. Complete story could be different if coin volume was lower. Regarding POS, those few people who are holders can stake VRC and just from staking they can earn a lot on exchanges every few days just by dumping. In that position those who has few hundreds don't have many options, only to invest more BTC. In fact if you have enough VRC you can earn much more just by staking than mining on multipool, no matter what equipment you have. Complete story about mintpal forced huge investors out and a lesson for them to think twice before invest into any POS coin. What was interesting to me is that this coin had so much variations in price on every single day so I was able to earn 1000VRC per day just selling high and buying again on the positions where you never expect to see it.

I must say again that this coin have best team with amazing knowledge and community tightly connected to the team who is trying to make all public and explain every little detail. But, history learns us that this is not enough.      

I understand your disappointment. After all you expected 10,000 VRC to be worth 33 BTC in a week...

May I suggest you have your head examined?
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