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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1354676 times)
CodeHunter
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July 20, 2014, 08:33:11 AM
 #10601

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


Just because it's "easier" doesn't make it easy. This vulnerability is well known but has yet to happen in reality.

in theory: almost impossible
in practice (a.k.a. real life): impossible
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eiskalt
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July 20, 2014, 09:24:14 AM
 #10602

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

If you are not sure about something, don´t make it sound like it is a certainty.

Since I'm not a developer nor a hacker I cant modify wallets to do such an attack, but here's the concept, which may not be right, but crackers may try. (...)

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July 20, 2014, 12:37:09 PM
 #10603

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.
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July 20, 2014, 12:54:09 PM
 #10604

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 have that too. But its all normal i wait until my wallet syncs up and then i can use it.

Please notice that the green synchronisation bar is not there anymore but instead a notice from the devs to make sure you download the 1.3.3 wallet.

You can see the progress of the synchronisation by hovering over the arrow circle at the buttom right on the wallet window.



Also i download the android wallet pretty nice !! Cheesy Verbit function solution is also good implemented.

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July 20, 2014, 01:02:41 PM
 #10605

Ok thanx. But so it is ok although it says network alert in the beginning?
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July 20, 2014, 01:14:01 PM
 #10606

yes network alert at start is fine is ok.  Lips sealed

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July 20, 2014, 01:41:14 PM
 #10607

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
 #10608

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
 #10609

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
 #10610

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
 #10611

@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
 #10612

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
 #10613

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
 #10614

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
 #10615

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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July 20, 2014, 05:11:20 PM
 #10616

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July 20, 2014, 05:22:19 PM
 #10617


Nice one

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July 20, 2014, 05:43:49 PM
 #10618


 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
 #10619

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
 #10620



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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